Summer 2027 Intern - Innovation Group - Ventures Analyst

About the role

Being good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. We're moving with urgency to become a Next Gen Good Neighbor, with technology that strengthens human connections and enhances the customer experience. As an employee, you'll spend less time navigating systems and more time applying judgment, empathy, and expertise in the moments that matter most.

Responsibilities

As a Ventures Analyst Intern, you will be part of State Farm’s Innovation Group, empowering innovative companies to create a better future. You will help find better ways to meet the needs of a diverse customer base by investing in companies that disrupt conventional operations.

Qualifications

• Current college Freshman or Sophomore majoring in Finance, Business Administration, Business Information Systems, International Business, Insurance & Risk Management, Economics, Innovation/Entrepreneurship, or related majors.
• Demonstrated interest in investing, corporate finance, and/or venture capital.
• Drive and initiative to lead and affect positive change.
• Leadership experience through extracurricular or professional activities.
• Ability to thrive in a team environment, both in‑person and virtual.
• Effective oral and written communication skills.
• A can‑do attitude and a sense of fun.
• Commitment to an environment of information sharing, collaboration, teamwork, mutual respect, and integrity.

Preferred Qualifications

• Experience with investments, corporate finance, venture capital, and insurance.
• Experience with banking, entrepreneurship, and financial modeling.

Eligibility

• Current college Freshmen graduating Spring 2030 or Sophomores graduating Spring 2029.
• Must reside within the continental U.S. for the duration of the internship.
• Must be legally authorized to work in the U.S. immediately; sponsorship is not available.

Pay

$28.00 per hour plus a $2,000 stipend for the summer internship.

Schedule

• Internship dates: Wednesday, June 1 2027 – Wednesday, August 11 2027 (10 weeks).
• Onboarding in Bloomington, IL: June 1 – June 4 2027.
• Hours: Monday‑Friday, 38.75 hours per week.
• Work arrangement: Hybrid (remote and office). Hub locations: Richardson, TX; Los Altos, CA; or Bloomington, IL.

Benefits

• Competitive pay and relaxed dress code.
• Direct experience to leverage for future career.
• Learning and networking opportunities with industry influencers.
• Mentoring and development support.
• Volunteer opportunities to give back to the community.
• Diversity and inclusion focus.
• Time Off: 40 hours of Life Leave, Military Leave.
• Financial Benefits: 401(k) Savings Plan (eligible at age 18), Mutual Funds (eligible at age 18).
• Commuter Benefits.
• Miscellaneous Benefits: Wellness programs, US Discount program, Good Neighbor Grant program, Matching Gift program, Employee Assistance Fund, Company Holidays.