State Farm

Summer 2027 Intern - Innovation Group - Corporate & Business Development Analyst

State Farm Bloomington, Illinois, United States

Insurance · 10,001+ employees

20 h ago Closes in 3d
Junior (0-2 yrs) Internship United States
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About the role

The intern will support the alignment and execution of Business Development and Corporate Development initiatives within the Innovation Group. They will assist the team in accessing customers through alternative approaches and products.

What they look for

Analytical skills Problem-solving Written communication Oral communication Interpersonal skills Collaboration Time management Attention to detail Learning agility Microsoft Word Microsoft Excel Microsoft PowerPoint Data analysis Business development Corporate development

Requirements

Candidates must be current college sophomores or freshmen graduating in 2029 or 2030, majoring in business, communications, or related fields. A GPA of 3.5/4.0 is preferred, along with strong analytical, communication, and organizational skills.

Benefits

401(K) Savings Plan Mutual Funds Commuter Benefits Wellness programs US Discount program Good Neighbor Grant program Matching Gift program Employee Assistance Fund Company Holidays Life Leave Military Leave

Full description

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.

Grow Your Skills, Grow Your Potential

Responsibilities

As a member of the B2B Business Development team in Innovation Group, you will be challenged and empowered to grow professionally. This analyst position will support the alignment execution of Business Development and Corporate Development initiatives, enabling State Farm to best access customers through supported alternative approaches and products.

What You Can Expect:

  • Summer Internship Dates: Wednesday, 6/1/2027 - Wednesday, 8/11/2027 (10 weeks)
  • Onboarding (Bloomington, IL): 6/1/2027 - 6/4 2027
  • 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.
  • Pay: $28.00/hour. In addition, interns selected for our summer internship program will be eligible for a $2,000 stipend (minus applicable taxes)!
  • Work Arrangement: Hybrid - 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.• Hub Location(s): Bloomington, IL

Next Steps!

  • Application deadline is expected to close on 9/18/2026. 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.
  • Qualified and competitive candidates will be invited to participate in the interview process, with selected candidates progressing through two rounds of interviewing.

What’s In It For You:

  • Competitive pay and relaxed dress code
  • Real-world experience with meaningful impact you can leverage for your future career
  • An opportunity to learn and network with industry-leading influencers
  • Opportunities to work with cutting edge technologies and business models
  • A learning culture: Mentoring and Development to help you succeed
  • We love to give back! Being involved in volunteer opportunities to give back to the community
  • We embrace Diversity and Inclusion: We are one team, and it is simply the right thing to do!

We are not just offering an internship but the opportunity for a meaningful career! Come join our passionate team!

Qualifications

We are looking for the following:

  • Current 2029 and 2030 graduating class majoring in business (e.g., marketing, finance, business administration) communications (e.g., journalism, communications, writing) or related majors.
  • GPA 3.5/4.0 preferred qualification
  • Analytical and problem-solving skills, including the ability to organize information, identify key takeaways, make connections, and develop logical conclusions.
  • Strong written and oral communication skills, including attention to detail, synthesizing information, clearly conveying insights, and tailoring communication to different audiences.
  • Interpersonal and collaboration skills, including the ability to foster productive relationships, ask thoughtful questions, incorporate feedback, and work effectively with others.
  • Organizational skills, including prioritization, time management, attention to detail, managing multiple assignments, and follow-through.
  • Learning agility and resourcefulness, including comfort with ambiguity, the ability to learn unfamiliar topics quickly, and proactively using available information, tools, and resources to move work forward.

Additional Preferred Qualifications:

  • Proficiency with Microsoft Word, Excel, and PowerPoint.
  • Experience analyzing data and synthesizing key insights.
  • Exposure to business, strategy, finance, marketing, economics, insurance, or related coursework or experience.

Internship Program Eligibility:

  • Current college Sophomore or Freshman who will graduate in 2029 or 2030.
  • Students who apply MUST be returning to school for at least one semester following the summer 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. ***

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