Summer 2026 Intern - Investments-Fixed Income

Location US-TX-RichardsonJob Category InternPosition Type Intern - SummerReq ID 42131 OverviewAs 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! ResponsibilitiesThe State Farm Investment Department is a leading investment manager, entrusted with managing over $400 billion in assets to support the leading personal auto and home insurer in the United States. State Farm is a Fortune 50 company and is consistently recognized as a top employer in the United States. In the State Farm Investment Department, we manage a multi-billion-dollar investment portfolio across various asset classes – Corporate Bonds (Public and Private), Municipal Bonds, Structured Products (ABS, RMBS, CMBS), Sovereign Debt, Private Equity, Public Equity, Commercial Mortgage Loans, and Real Estate. Through sound investment strategies, the Investment Department helps State Farm remain financially strong, so our customers can manage the risks of everyday life, recover from the unexpected, and realize their dreams. As a member of our high performing team, you will interact with senior Investment Department staff, as well as receive several cross-asset learning opportunities. We will rely on you as a key partner to assist with due diligence research, financial modeling, and investment decision-making. Investment interns will be a part of State Farm’s growing investment platform at CityLine in Richardson, Texas, within the fast-growing Dallas-Fort Worth metro area. We are looking to hire interns to work within Fixed Income (Corporate Bonds/Structured Products/Liquidity Management). This is in addition to other internship opportunities within the Investment Department working with 1) Private/Public Equity and 2) Commercial Mortgage Loans and Real Estate. What You’ll Do Perform fundamental research and analysis of publicly traded and privately held companies and industries within State Farm’s $100 billion corporate bond portfolioGain understanding of State Farm’s corporate bond trading function (responsible for executing over $15 billion in transactions annually) and participate in simulated transaction exercisesResearch and actively participate in discussions/activities related to the responsibilities of State Farm’s $50 billion Structured Products & Liquidity portfolioPresent investment recommendations to senior leaders and experienced investment professionals through written reports and oral presentations, analyzing company management, business strategy, financial statements, and competitive positions within a respective industry What’s In It for You Apply classroom knowledge toward the management of a large, institutional investor’s fixed income portfolioGain a deeper understanding of the investment industry, State Farm’s investment philosophy, and other asset classes within the Investment DepartmentEngage and participate in a dynamic and collaborative team cultureReceive personalized mentoring and coaching from experienced professionals to further your individual developmentNetwork with senior leaders and external investment industry professionalsCollaborate and build relationships with other talented internsCreate experiences that can be leveraged throughout your future careerJoin a culture that embraces healthy discourse and promotes diversity and inclusion QualificationsCurrent college student with junior year completed by start of the internshipEvidence of academic (3.5 GPA or above preferred) and personal achievementCoursework in areas such as Investments, Accounting, Financial Statement Analysis, Economics, and Corporate FinanceAnalytical, inquisitive, and curious with strong attention to detailSelf-driven with strong written and verbal communication skills and an ability to articulate and support research findingsAbility to collaborate and engage in a dynamic team settingInitiative and drive for continuous learningApplicants must be authorized to work in the United States at the time of hire Internship Information Location: Richardson, TXOur internship will occur: June 1, 2026, to August 7, 2026Competitive candidates will be invited to participate in online interviews during the fall of 2025Hourly Rate: $33.00/hour based on a 38.75-hour work weekIn addition, interns selected for our summer internship program will be eligible for a $2,000 stipend, payable upon start of internshipHybrid work environment (Combination of in-office time and working from home) Our BenefitsWe 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 LeaveMilitary Leave Financial Benefits 401(K) Savings Plan (Eligible at age 18)Mutual Funds (Eligible at age 18)Commuter Benefits Miscellaneous Benefits Wellness programsUS Discount programGood Neighbor Grant programMatching Gift programEmployee Assistance FundCompany Holidays PI277551743

Created: 2025-09-25