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2025 Summer Intern-MAGNet Program @ UIUC - Military Veterans

at State Farm


2025 Summer Intern-MAGNet Program @ UIUC

US-IL-Champaign

Job ID: 2025-40393
Type: MagNet Intern
# of Openings: 2
Category: Intern
Champaign, IL

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

State Farm has developed a unique internship opportunity for graduate students at the University of Illinois - the Modeling and Analytics Graduate Network (MAGNet). MAGNet interns apply their statistical modeling and analytic skills to a wide variety of business problems faced by the State Farm organization.

Graduate students in highly quantitative disciplines are considered, with an emphasis on understanding of statistical techniques. While participating in the MAGNet program, students are evaluated and given consideration for full time, post-graduate employment at various State Farm locations: Atlanta, GA; Bloomington, IL; Dallas, TX; or Phoenix, AZ.

Please note: This is a hybrid internship in Champaign, IL and relocation assistance is not offered.



Qualifications

We Are Looking For:

  • Applicants accepted to or currently enrolled in the graduate Actuarial Science, Statistics, Mathematics, Computer Science, Economics, Finance or Data Science programs at UIUC
  • Applicants with experience in:
    • Statistical modeling and/or data mining
    • Data analysis and database tools
    • Computer programming (specifically Python, SAS, or R)
    • Communicating and presenting technical work

Internship Program Eligibility:

  • Applicants with 3-6 semesters remaining in their graduate program (i.e. are planning to graduate between Spring 2026 and Spring 2027)
  • Candidates must be available to work a hybrid position (part in office, part work from home), and come into the Champaign office on a weekly basis.
  • This is a hybrid internship in Champaign, IL and relocation assistance is not offered.

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: 5/19/25-8/7/25
  • Hours: 38.75 hours per week
  • Pay: $36/hour
    • Potential yearly incentive pay up to 15% of base salary
  • Work Arrangement: This is a hybrid internship. Interns will spend part of their time working from home, and will spend several days a week working from the office, which is University of Illinois Research Park.





PI261666069

Champaign, IL

State Farm

Our Mission, Our Vision, Our Shared Values

State Farm's® mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams.

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.

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.

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