Summer 2027 Intern - Administrative Services - Risk Frameworks Analyst

State Farm; Bloomington, Dunwoody, Tempe, Richardson (IL, GA, AZ, TX); Hybrid; USD 25,000 - 32,000; Full time

Benefits offered by this job

Life Leave

Military Leave

401K 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 Risk Framework Analyst Intern opportunity in the Administrative Services department in Bloomington, IL, with hybrid work arrangements. The role targets juniors and seniors pursuing risk, cybersecurity, information systems, finance, or analytics, and expects strong communication and data skills.

The program runs 10 weeks in summer, with an hourly rate of $25 and a $2,000 stipend. Applicants must reside in the continental US and be eligible to work in the U.S.

Qualifications

• Current college student graduating 2027 or later.
• GPA 3.00+ preferred (include on resume).
• Strong verbal and written communication skills.
• Ability to collect, organize and interpret complex data.
• Ability to work independently or with a small team.
• Understanding of risk management concepts across domains.
• Highly analytical with data automation and calculations.
• Proficient in Excel.

Responsibilities

• Collaborate with team members to enhance risk and asset management processes.
• Assist in communicating and enforcing risk/asset standards and SOPs.
• Promote best practices and educate areas on risk assessment.
• Provide support resolving risk/asset management issues.
• Research emerging risk topics to improve processes.
• Build relationships with business partners as trusted risk advisor.
• Apply understanding of risk to support enterprise compliance and vendor management.
• Utilize Agile practices daily.
• Work with partners to drive planning and progress updates.
• Demonstrate growth mindset and proactive collaboration.

Skills

Verbal communication

Written communication

Excel

Data analysis

Problem solving

Risk understanding

collaboration

Decision making

Data automation

Education

Majors: Risk Information Security; Cybersecurity Risk Management; Information Systems; Risk Management; Supply Chain Management; Finance; Business Analytics; Economics

Tools

Excel

Job 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

The Administrative Servicesdepartment has an internship opportunity in their Risk Frameworkfunction.

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!
• 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