Actuarial Analyst Intern – Life & Health Pricing

State Farm; Bloomington, Northern (IL, KY); Hybrid; USD 18,770,000 - 20,372,000; Full time

Benefits offered by this job

40 hours Life Leave

Military Leave

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

Job summary

State Farm is offering a summer internship in Life/Health Actuarial in Bloomington, IL (hybrid with Dallas area). Interns will assess risk, develop pricing methods, and research industry trends while receiving mentoring and leadership development.

The program runs 6/2/2027–8/11/2027 for 10 weeks, with 38.75 hours weekly, pay of $30/hour plus $1 per hour per actuarial exam passed, and a $2,000 stipend. Must be a full-time student eligible to work in the U.S.

Qualifications

• Majors in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields.
• 3.5 GPA preferred; 3.25 minimum required
• Experience with data and statistical analysis in Excel, SQL, R, and/or Python
• Intention to earn the ASA/FSA designation
• Successful completion of at least one Society of Actuaries actuarial exam
• Strong communication, interpersonal, organization, leadership, and critical thinking skills

Responsibilities

• Assessment of risk and financial needs for insurance products
• Development of innovative methods and applications to enhance insurance product pricing
• Research on company and emerging industry trends and hot topics
• Development through extensive training programs, mentoring programs, and leadership opportunities as well as competitive compensation/benefits such as actuarial exam raises

Skills

Excel

SQL

R

Python

Education

Actuarial Science

Math

Statistics

Data Science

Job description

State Farm is offering a summer internship in Life/Health Actuarial in Bloomington, IL (hybrid with Dallas area). Interns will assess risk, develop pricing methods, and research industry trends while receiving mentoring and leadership development.

The program runs 6/2/2027–8/11/2027 for 10 weeks, with 38.75 hours weekly, pay of $30/hour plus $1 per hour per actuarial exam passed, and a $2,000 stipend. Must be a full-time student eligible to work in the U.S.