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.
We Are Looking for College Students With:
Majors in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields
A minimum GPA of 3.25, though a GPA above 3.5 is preferred
Experience with data and statistical analysis in Excel, SQL, R, and/or Python
Intention to earn the ACAS/FCAS designation
Strong communication, interpersonal, organization, leadership, and critical thinking skills
Those who will be rising seniors as of the summer 2024 must have:
Successful completion of at least one Society of Actuaries or Casualty Actuarial Society actuarial exam, though completion of two or more exams is preferred.
Additional Details:
This opportunity is for current college students.
Candidate must have at least one semester of college remaining after summer of 2024.
Candidate should have a desire to work for State Farm upon graduation.
Competitive candidates may be invited to participate in pre-employment testing and/or the interview process. This is where the excitement begins!
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.
The following must be attached to 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):
The State Farm® mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams.
Our vision for the future is to be the customer's first and best choice in the products and services we provide. We will continue to be the leader in the insurance industry and we will become a leader in the financial services arena. Our customers' needs will determine our path. Our values will guide us.
Our Values: We are people who make it our business to be like a good neighbor; who built a premier Company by selling and keeping promises through our marketing partnership; who bring diverse talents and experiences to our work of serving the State Farm customer.
Our success is built on a foundation of shared values — quality service and relationships, mutual trust, integrity and financial strength.
