2025 Summer Intern-MAGNet Program @ University of Georgia
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. Come join a #1 team and do some good!
Grow Your Skills, Grow Your Potential:
Responsibilities:
State Farm has developed a unique internship opportunity for graduate students at the University of Georgia (UGA) - the Modeling and Analytics Graduate Network (MAGNet). MAGNet interns apply their statistical modeling and analytic skills to a wide variety of business problems faced by the State Farm organization.
Graduate students 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: Atlanta, GA; Bloomington, IL; Phoenix, AZ, or Dallas, TX.
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
***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***
Qualifications:
What You Can Expect:
- Summer Internship Dates: 5/13/25-7/30/25
- Hours: 38.75 hours per week
- Pay: $36/hour
- Potential yearly incentive pay up to 15% of base salary
- Work Arrangement: 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 located in downtown Athens, GA.
Our Benefits:
What’s In It For You:
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.
Our Benefits:
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!- Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.
- Stay Well! Focus on you and your family’s health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare 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 much more!
- Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
- Plan Ahead! Plan for those big moments in life with benefits like 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!
- Take a Little “You” Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially 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, there will be plenty of time for you!
- Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
- Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of 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!