Summer 2026 Intern - P&C Actuarial - Analyst Job at State Farm Mutual Automobile Insurance Company, Bloomington, IL

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  • State Farm Mutual Automobile Insurance Company
  • Bloomington, IL

Job Description

Location US-IL-Bloomington Job Category Intern Position Type Intern - Summer Req ID 41675 Overview As a State Farm intern, you will have the opportunity to collaborate with experienced professionals, contribute to meaningful projects, and make a real impact. Our internship program provides students with valuable training, mentorship, and networking opportunities while being fully immersed in the day-to-day operations of a Fortune 50 company. At State Farm, we believe our interns are the future of our company, and we are committed to helping you succeed! Responsibilities A Day In The Life Of An Intern – P&C Actuarial State Farm’s P&C Actuarial Department is a place where interns complete innovative and meaningful project work in a collaborative environment focused on developing technical and business skills - a perfect complement to the classroom. Interns provide analysis and solutions through: 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 programs, mentoring programs, and leadership opportunities as well as competitive compensation/benefits such as actuarial exam raises Qualifications We Are Looking for College Students With: Majors in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields Successful completion of at least one Society of Actuaries or Casualty Actuarial Society actuarial exam GPA of 3.5 or higher preferred; GPA of 3.25 minimum (unofficial transcripts required with application) Experience with data and statistical analysis in Excel, SQL, R, and/or Python Intention to earn the ACAS/FCAS designation Strong communication, interpersonal, organization, problem-solving, and critical thinking skills What You Can Expect: Summer Internship Dates: Monday,6/1/2026 - Friday, 8/7/2026 (10 weeks) Hours: Monday-Friday, 38.75 hours per week As the summer program has a short duration, it is expected that hired interns will be available throughout the entire summer internship with minimal to no disruptions in their work schedule. Pay: $30/hour ( an additional dollar per hour for each Actuarial exam passed). In addition, interns selected for our summer internship program will be eligible for a $2,000 stipend! Work Arrangement: Hybrid - In this position, you should plan to spend time working in the office a minimum of 2 days per week. Associates are expected to be able to travel to and from your assigned office location as part of a hybrid work arrangement. Work arrangements could change over time based on business need. Selected interns must reside within the continental U.S. for the duration of the summer internship. Your leadership will share additional information regarding your department’s approach and what it means for you. Hub Location(s): Bloomington, IL Internship Program Eligibility: To be eligible for the summer internship program, you must be a full-time student currently enrolled in an undergraduate or post-graduate program throughout the duration of the internship. Additional Details: This opportunity is for current college students who have the following: At least one semester of college remaining after the summer of 2026. The desire to work for State Farm upon graduation. Are eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity. IMPORTANT:The following must be attached at the time of application (please attach both of the following as one combined single document and upload during the application process): Resume Transcripts (unofficial copy accepted) What’s In It For You Real-world actuarial experience with meaningful impact Competitive pay and financial incentives for actuarial exam completion Opportunities to work with cutting edge technologies and business models A Learning Culture that includes mentoring and training A company that embraces Diversity and Inclusion: We are one team and it is simply the right thing to do! Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity. Get your resume and unofficial transcript ready and apply today! Our Benefits We are excited to offer our interns a tailored set of benefits with a range of valuable perks to help support you during your time with us! 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 PI279244849

Job Tags

Hourly pay, Full time, Summer work, Summer internship, H1b, Work at office, Immediate start, Monday to Friday, 2 days per week,

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