• Job Description

  Req#: 39876
  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
  
  

  State Farm Federal Credit Union (SFFCU) is a State Farm employee benefit, and our membership is open only to active employees and agents, retirees, and limited family members. At SFFCU our entire vibe is member centric. We’re always working to give members lower fees, lower rates on loans, and higher interest on deposits. And honestly, we are a fun and fulfilling place to work.

  
  You are part of the credit union family. We care about each other and your well-being in the same way we do our membership. And SFFCU employees are empowered to make decisions, doing meaningful work, and there are lots of opportunities for training, career advancement, and development.

  By joining SFFCU as a Summer intern, you will gain the following:
  • In-depth knowledge and ability to read and interpret balance sheets, cash flows, and income statement results.
  • Gain real research and analysis experience in portfolio management, including financial statements, collateral, and other key items that affect liquidity and credit risk.
  • Exploration of core system reporting capabilities.
  • Understanding the finance team’s monthly financial processes to identify efficiencies.
  • Experience with financial modeling, data analysis, and financial industry research.
  • Participation in financial analysis and the creation of documents and slides for business proposals.

  
  Qualifications
  
  

  Who We Are Looking For:

  o J uniors or seniors with degree focus on accounting, finance, or economics courses with a graduation date of August 2025 or later.

  o Proficient in use of Microsoft applications such as EXCEL, WORD, ACCESS, and POWERPOINT. Knowledge of ODBC SQL queries or query languages being a plus.
  o Demonstrates strong judgment in decision making and problem-solving skills.
  o Leverages high degree of resourcefulness and initiative.
  o Proficient in utilizing a collaborative approach to gather critical information, validate assumptions, and confirm accurate results.

  P referred qualifications include:
  o Current or planned CPA designation.
  o Basic knowledge of accounting principles, standards and techniques, and ability to decipher financial situations and results.

  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.

  ***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: 5/19/2025-8/1/2025
  • 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: $22.00/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.
  • Selected interns must reside within the continental U.S. for the duration of the summer internship.
  • Hub Location(s): Bloomington, IL; Dunwoody, GA; Richardson, TX; Tempe, AZ

  Next Steps!

  • Application deadline is expected to close on 01/20/2025, at 11:59 p.m. CT. 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 may be invited to participate in the interview process. This is where the excitement begins!

  What’s In It For You:

  • Competitive pay and relaxed dress code
  • Direct experience you can leverage for your future career
  • An opportunity to learn and network with industry-leading influencers
  • 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!

  
  Our Benefits
  
  

  We're 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
  • U.S. Discount program
  • Good Neighbor Grant® program
  • Matching Gift program
  • Employee Assistance Fund
  • Company Holidays

  Think that's great? Check out the fully stacked benefits package available for full-time employees!

  
  

  Who We Are Looking For:

  o J uniors or seniors with degree focus on accounting, finance, or economics courses with a graduation date of August 2025 or later.

  o Proficient in use of Microsoft applications such as EXCEL, WORD, ACCESS, and POWERPOINT. Knowledge of ODBC SQL queries or query languages being a plus.
  o Demonstrates strong judgment in decision making and problem-solving skills.
  o Leverages high degree of resourcefulness and initiative.
  o Proficient in utilizing a collaborative approach to gather critical information, validate assumptions, and confirm accurate results.

  P referred qualifications include:
  o Current or planned CPA designation.
  o Basic knowledge of accounting principles, standards and techniques, and ability to decipher financial situations and results.

  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.

  ***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: 5/19/2025-8/1/2025
  • 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: $22.00/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.
  • Selected interns must reside within the continental U.S. for the duration of the summer internship.
  • Hub Location(s): Bloomington, IL; Dunwoody, GA; Richardson, TX; Tempe, AZ

  Next Steps!

  • Application deadline is expected to close on 01/20/2025, at 11:59 p.m. CT. 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 may be invited to participate in the interview process. This is where the excitement begins!

  What’s In It For You:

  • Competitive pay and relaxed dress code
  • Direct experience you can leverage for your future career
  • An opportunity to learn and network with industry-leading influencers
  • 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!

  
  

  State Farm Federal Credit Union (SFFCU) is a State Farm employee benefit, and our membership is open only to active employees and agents, retirees, and limited family members. At SFFCU our entire vibe is member centric. We’re always working to give members lower fees, lower rates on loans, and higher interest on deposits. And honestly, we are a fun and fulfilling place to work.

  
  You are part of the credit union family. We care about each other and your well-being in the same way we do our membership. And SFFCU employees are empowered to make decisions, doing meaningful work, and there are lots of opportunities for training, career advancement, and development.

  By joining SFFCU as a Summer intern, you will gain the following:
  • In-depth knowledge and ability to read and interpret balance sheets, cash flows, and income statement results.
  • Gain real research and analysis experience in portfolio management, including financial statements, collateral, and other key items that affect liquidity and credit risk.
  • Exploration of core system reporting capabilities.
  • Understanding the finance team’s monthly financial processes to identify efficiencies.
  • Experience with financial modeling, data analysis, and financial industry research.
  • Participation in financial analysis and the creation of documents and slides for business proposals.

• About the company

  State Farm Insurance is a large group of insurance companies throughout the United States with corporate headquarters in Bloomington, Illinois.

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