Summer 2027 Intern - P&C Actuarial - Actuarial Analyst

As a Fortune 50 company, we hire the best employees to serve our customers, making us a leader in the insurance and financial services industry. State Farm embraces diversity and inclusion to ensure a workforce that is engaged, builds on the strengths and talents of all associates, and creates a Good Neighbor culture.

About the role

10-week summer internship for rising seniors, running Wednesday, 6/2/2027 through Wednesday, 8/11/2027. Interns work Monday–Friday, 38.75 hours per week. Office location: Bloomington, IL. Hybrid work arrangement: minimum of 3 days per week in the office. Applicants must be eligible to lawfully work in the U.S. immediately; employer will not sponsor work authorization for this opportunity.

Responsibilities

• Assessment of risk and financial needs for insurance products
• Development of innovative methods and applications to enhance insurance product pricing
• Data mining and predictive modeling such as regression, forecasting, and machine learning
• Research on emerging industry trends and hot topics
• Development through extensive training and mentoring programs

Requirements

• Majors in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management, or other analytical fields
• GPA of 3.25 minimum (3.5 or higher preferred; unofficial transcripts required with application)
• Experience with data and statistical analysis in Excel, SQL, R, and/or Python
• Strong communication, interpersonal, organization, problem-solving, and critical thinking skills
• Successful completion of at least one Society of Actuaries or Casualty Actuarial Society actuarial exam with intention to earn the ACAS/FCAS designation
• At least one semester of college remaining after the summer of 2027
• Desire to work for State Farm upon graduation
• Resume and unofficial transcripts must be attached at time of application

Pay

$30/hour (+ $1/hour for each Actuarial exam passed). Interns selected for the program are also eligible for a $2,000 stipend.

Benefits

• 40 hours of Life Leave
• Military Leave
• 401(K) Savings Plan (eligible at age 18)
• Mutual Funds (eligible at age 18)
• Commuter Benefits
• Wellness programs
• US Discount program
• Good Neighbor Grant program
• Matching Gift program
• Employee Assistance Fund
• Company Holidays

Schedule

Monday–Friday, 38.75 hours per week.