2024 Summer Internship - Finance & Business Analytics Intern in Financial Operations

Overview

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.

We offer competitive benefits and pay with the potential for an annual financial award based on both individual and enterprise performance. Our employees have an opportunity to participate in volunteer events within the community and engage in a learning culture. We offer programs to assist with tuition reimbursement, professional designations, employee development, wellness initiatives, and more!

Visit our Careers page for more information on our benefits , locations and the process of joining the State Farm team!

Responsibilities

Join the State Farm intern team to gain real-world experience in finance, financial planning & analysis, and business analytics through hands-on learning opportunities at a Fortune 50 company! Develop your professional talents and skills by completing challenging work assignments to generate and influence business results. Participate in events to learn more about the departments at State Farm, how an insurance company works, and how Financial Operations supports other departments in forming their strategy to achieve results. And, interact with Executive leadership through mentoring relationships.

Intern work topics in Finance and Business Analytics may include:

• Accounting for investments
• Compensation
• Competitor and industry trend analysis
• Risk management/compliance
• Cost benefit analysis
• Enterprise performance management
• Enterprise planning and budget analysis
• Expense analysis and management
• Performance and operational analysis
• Strategic reporting and financial forecasting
• Claims and underwriting analytics

• Use processes and applications to perform data extraction, manipulation, and report generation
• Compile, prepare, and interpret forecasts and reports
• Proactively anticipate, recognize, and solve problems associated with the enterprise or individual departments
• Research and analyze complex business issues and communicate findings to a broad audience through reports and presentations
• Interpret and verify compliance with external reporting requirements
• Adapt to various work environments and apply financial principles to reporting processes

• Minimum GPA of 3.5 out of 4.0 (overall and in major)
• Must be enrolled in school through the completion of the internship
• Pursuing degree in Finance, Business Analytics, Statistics, Mathematics, Economics, or a related field(s)
• Proficient in Microsoft Excel and PowerPoint
• Written and verbal communication
• Teamwork
• Critical thinking and analytical problem solving
• Initiative and curious mindset

• Location: Richardson, TX; Tempe, AZ; Dunwoody, GA; or Bloomington, IL
• Our internship will occur May 20, 2024 - August 2, 2024
• Competitive candidates will be invited to participate in online interviews during the fall of 2023
• Hourly Rate: $28.00/hour based on a 38.75-hour work week
• Hybrid work environment as internship requirements allow (in-office and work from home)

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