Job Description

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!

Grow Your Skills, Grow Your Potential:

Responsibilities:

The State Farm Investment Department is a leading investment manager, entrusted with managing over $375 billion in assets to support the nations #1 auto and home insurer. 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 Farms 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 Farms $90 billion corporate bond portfolio
Gain understanding of State Farms corporate bond trading function (responsible for executing over $9 billion in transactions annually) and participate in simulated transaction exercises
Research and actively participate in discussions/activities related to the responsibilities of State Farms $50 billion Structured Products & Liquidity portfolio
Present 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

A Day in the Life of an Investments Intern:

Whats In It for You
Apply classroom knowledge towards the management of a large, institutional investors fixed income portfolio
Gain a deeper understanding of the investment industry, State Farms investment philosophy, and other asset classes within the Investment Department
Engage and participate in a dynamic and collaborative team culture
Receive personalized mentoring and coaching from experienced professionals to further your individual development
Network with senior leaders and external investment industry professionals
Collaborate and build relationships with other talented interns
Create experiences that can be leveraged throughout your future career
Join a culture that embraces healthy discourse and promotes diversity and inclusion

Qualifications:

Qualifications
Current college student with junior year completed by start of the internship
Evidence of academic (3.5 GPA or above preferred) and personal achievement
Coursework in areas such as Investments, Accounting, Financial Statement Analysis, Economics, and Corporate Finance
Analytical, inquisitive, and curious with strong attention to detail
Self-driven with strong written and verbal communication skills and an ability to articulate and support research findings
Ability to collaborate and engage in a dynamic team setting
Initiative and drive for continuous learning

***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.***

Internship Information
Location: Richardson, TX
Our internship will occur May 19, 2025 August 1, 2025
Competitive candidates will be invited to participate in online interviews during the fall of 2024
Hourly Rate: $33.00/hour based on a 38.75-hour work week, Monday-Friday
Interns selected for our summer internship program will be eligible for a $2,000 stipend!
Hybrid work environment as internship requirements allow (in-office and work from home)

Due to the short duration of the summer program, it is an expectation that hired interns will be available for the duration with little to no disruption in work schedule.

State Farm

Job Tags

Hourly pay, Summer work, Summer internship, Immediate start, Work from home, H1b, Monday to Friday,

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