2026 Summer Intern - MAGNet Program @ Arizona State University

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! The Modeling and Analytics Graduate Network (MAGNet) program is a unique multi‑semester internship opportunity designed to prepare graduate students for a full‑time data science position at State Farm. Throughout their time in the program, MAGNet interns apply predictive modeling and analytical skills to a variety of data science problems to augment their theoretical coursework while also developing professionally. It is not feasible to expose interns to the full variety of topics they need to be familiar with for full‑time data science work in a single semester. As such, the MAGNet internship is designed to last the duration of an intern's graduate studies with renewal on a semester‑by‑semester basis. This means that while this position is hiring for the Summer 2026 semester, the intern may be invited to return for following semester(s), based on the intern's growth and progress relative to the internship's expectations. To continue in the MAGNet program, it is expected that an intern continues to renew their internship throughout their graduate program for Spring, Summer, and Fall semesters as applicable. If you are looking for a summer or other short‑term internship, MAGNet is not the right fit for you, but you may be interested in State Farm's summer internship programs. Graduate students at the Arizona State University in highly quantitative disciplines are considered, with an emphasis on understanding of statistical techniques. While participating in the MAGNet program, students are evaluated and given consideration for full time, post‑graduate employment at various State Farm locations: Tempe, AZ; Bloomington, IL; Dallas, TX; or Atlanta, GA. What's In It For You MAGNet is similar to a 50% graduate assistantship offered by the university. It is a multi‑semester program with renewal on a semester‑by‑semester basis. Interns receive hourly pay comparable to that offered by the university for graduate assistants as well as full tuition assistance for the duration of the internship. Some State Farm benefits may also apply. 401k retirement plan Medical, dental, and vision insurance Paid time off, including specific leave for community service Please note: This is a hybrid internship in Tempe, AZ and relocation assistance is not offered. Applicants Applicants must be accepted or currently enrolled in an approved in‑person Graduate (Master's) program at Arizona State University majoring in: Statistics Mathematics Actuarial Science Grow Your Skills, Grow Your Potential Responsibilities MAGNet interns apply their predictive modeling and data analysis skills to a variety of data science problems in many different lines of business and departments (e.g., marketing, insurance, and process optimization) including: Pricing and Underwriting Risk Predictive Modeling Claims Automation Predictive Modeling Sales/Growth Forecasting, Econometric and Predictive Modeling Data mining applications for Claims and Competitive Analysis Evaluating new statistical methods and tools for potential use by State Farm data scientists What You Can Expect Logistics During Spring and Fall Semesters, MAGNet interns work 20 hours a week During Summer Semester, MAGNet interns work 38.75 hours a week Duration: May 18, 2026 - August 7, 2026 Location: This is a hybrid internship. Interns will spend part of their time working from home and will spend several days a week working from the office, which is at Marina Heights. Experience Direct experience you can leverage for your future career An opportunity to learn and network with industry‑leading influencers A learning environment: mentoring and development to help you succeed A culture that embraces Diversity and Inclusion Qualifications We are looking for applicants: Accepted or currently enrolled in an approved in‑person Graduate (Master's) program at Arizona State University majoring in Statistics, Mathematics, or Actuarial Science 3-6 semesters (including summer) remaining in their graduate program (i.e., planning to graduate between May 2027 and May 2028) Experience in statistical modeling and/or data mining, data analysis and database tools, computer programming (Python, SAS, or R), and communicating and presenting technical work Candidates must be available to work in a hybrid position (part in office, part work from home), and come into the Tempe office on a weekly basis 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 MAGNet is similar to a 50% graduate assistantship offered by the University. Interns receive hourly pay comparable to that offered by the University for graduate assistants, as well as full tuition assistance for the duration of the internship. At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family! Health and well‑being programs: State Farm pays most of the healthcare premium and offers multiple plan options, including a high‑deductible plan. All medical plans provide 100% coverage for in‑network preventative care, and you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and more. Educational benefits: industry‑leading training programs, top‑notch tuition assistance programs, employee resource groups, and mentoring. Financial planning: fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union. Time off policies: opportunities to earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days. Giving back: Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund. Retirement planning: 401(k) plan with company contributions up to 7% of your salary. Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team! #J-18808-Ljbffr State Farm