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Summer 2026 Intern - Life/Health Actuarial - Analyst I

State Farm - Bloomington, IL

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Job Description

LocationUS-IL-Bloomington;US-TX-Richardson Job CategoryIntern Position Type Intern - Summer Req ID41821Overview 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 – Life/Health ActuarialState Farm’s Life/Health 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 Research on company and 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 raisesQualifications We Are Looking for College Students With:Majors in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields 3.5 GPA preferred; 3.25 minimum required Experience with data and statistical analysis in Excel, SQL, R, and/or Python Intention to earn the ASA/FSA designation Successful completion of at least one Society of Actuaries actuarial exam Strong communication, interpersonal, organization, leadership, and critical thinking skillsInternship 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.***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.***What You Can Expect:Summer Internship Dates: 6/1/2026 – 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 1 day per week. Interns 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, Richardson, TX,Next StepsThe following must be attached to the candidate’s application at the time of submission (please attach both of the following as one combined single document and upload during the application process) Resume Transcripts (unofficial copy accepted)Competitive candidates may be invited to participate in the interview process. This is where the excitement begins!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 Off40 hours of Life Leave Military LeaveFinancial Benefits401(K) Savings Plan (Eligible at age 18) Mutual Funds (Eligible at age 18) Commuter BenefitsMiscellaneous BenefitsWellness programs US Discount program Good Neighbor Grant program Matching Gift program Employee Assistance Fund Company HolidaysPI276748986

Created: 2025-08-02

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