Summer 2027 Intern - Administrative Services - Risk Frameworks Analyst in Bloomington, Illinois at State Farm Mutual Automobile Insurance Company

Location US-IL-Bloomington;US-GA-Dunwoody;US-AZ-Tempe;US-TX-Richardson
Job Category Intern
Position Type Intern - Summer
Req ID 46200
Overview

Being good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. We're moving with urgency to become a Next Gen Good Neighbor, with technology that strengthens human connections and enhances the customer experience. As an employee, you'll spend less time navigating systems and more time applying judgment, empathy, and expertise in the moments that matter most.

Responsibilities

The Administrative Services department has an internship opportunity in their Risk Framework function.

A Day in the Life of a Risk Framework Analyst Intern may include:

• Collaborating with team members to enhance risk and/or asset management processes and procedures
• Assisting in the communication, presentation, implementation, and enforcement of new and updated risk and/or asset management standards, guidelines, and Standard Operating Procedures (SOPs)
• Promoting best practices and tools for risk and/or asset management and educating business areas on risk assessment processes
• Providing support and guidance for resolving risk and/or asset management issues
• Researching and investigating emerging risk topics, threats, vulnerabilities, capabilities, and solution options to improve current risk and/or asset management processes
• Building relationships with business partners to be a trusted advisor in risk decisions, assessments, and process changes
• Applying understanding of all types of risk to support and advance Enterprise compliance, vendor management, asset management, and risk management strategies, policies, processes, and tools for the business areas
• Utilizing Agile best practices in day-to-day operations
• Working proactively and effectively with business partners and peers through critical thinking, collaboration, relationship building, and influence skills
• Demonstrating strong planning skills and a results-driven mindset
• Possessing strong verbal and written communication skills
• Balancing strong business and risk perspectives
• Applying strong problem-solving skills, including understanding the issue, defining action plans and timelines, gaining stakeholder agreement, executing changes effectively, and providing meaningful progress updates
• Demonstrating a growth mindset

Qualifications

Who We Are Looking For: Juniors and Seniors

• Current college students majoring in Risk Information Security, Cybersecurity Risk Management/Cybersecurity, Information Systems, Risk Management/Risk Management & Insurance, Supply Chain Management, Finance, Business Analytics/Date Analytics, Economics with a graduation date of 2027 or later
• A minimum GPA of 3.00 preferred (please include on your resume)
• Strong verbal and written communication skills
• Ability to collect, organize and interpret complex data
• Ability to work independently or collaboratively in a small team and effectively partner with team members
• Understanding of all types of risk to support and advance Enterprise compliance, vendor management, asset management and risk management strategies, policies, processes and tools
• Highly analytical with data automation and calculations
• Strong Problem Solving and Decision-Making skills
• Collaboration, Relationship Building and Influence skills
• Proficient in Excel

Internship 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. Selected interns must reside within the continental U.S. for the duration of the summer 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:

• Dates of internship: June 2, 2027 – August 11, 2027 (10 weeks)
• Hours: Monday-Friday, 38.75 hours per week
• Due to the short duration of the summer program, it is an expectation that hired interns will be available for the duration of the summer internship with little to no disruption in work schedule.
• Hourly Rate: $25.00/hour. In addition, selected interns will be eligible for a $2,000 stipend (minus applicable taxes)!
• Location: This position will be in a hybrid work environment located in Bloomington, IL, Dunwoody, GA, Tempe, AZ, Richardson, TX.
• Selected interns should plan to spend time working from home and some time working in the office as part of our hybrid work environment. Please note that relocation benefits will not apply.
• Applicant volume and hiring needs may result in early closure or extension beyond the listed deadline, so apply as soon as possible!
• To submit an application, click "Apply" on the job listing page on the State Farm career site.
• Competitive candidates will be invited to participate in a pre-screening video interview in the Fall of 2026

*****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***

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 Off

• 40 hours of Life Leave
• Military Leave

Financial Benefits

• 401(K) Savings Plan (Eligible at age 18)
• Mutual Funds (Eligible at age 18)
• Commuter Benefits

Miscellaneous Benefits

• Wellness programs
• US Discount program
• Good Neighbor Grant program
• Matching Gift program
• Employee Assistance Fund
• Company Holidays