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

State Farm

Bloomington (IL)

Hybrid

USD 11,000 - 12,000

Part time

2 days ago

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Benefits offered by this job

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 in Bloomington, IL is offering a summer internship with the B2B Business Development team. The role provides hands-on experience supporting the alignment and execution of business development initiatives.

You will gain exposure to innovative approaches, analyze data, collaborate across functions, and develop skills in strategy, marketing, and finance while working in a hybrid environment.

Qualifications

GPA 3.5/4.0 preferred.
Current 2029 and 2030 graduating class majoring in business or related majors.
Strong analytical and problem‑solving skills with ability to organize information and identify key takeaways.

Responsibilities

Support alignment and execution of Business Development initiatives.
Enable State Farm to access customers through supported alternative approaches and products.

Skills

Analytical skills

Written communication

Oral communication

Interpersonal skills

Time management

Learning agility

Education

Pursuing business/communications degree

Tools

Microsoft Word

Microsoft Excel

PowerPoint

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

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

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