Summer 2026 Intern – MAGNet Program

About State Farm

 The State Farm Research and Development Center at Research Park is a place where State Farm staff and University of Illinois students guide and support company programs with high-level research. The facility features open spaces and state-of-the-art tools that encourage interaction and innovation — a perfect complement to traditional classroom studies.

Please see the Research Park Tenant Directory for more information. State Farm – Research Park

About the Role

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 their 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 will continue to renew their internship throughout their graduate program for the 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 University of Illinois – Urbana-Champaign (UIUC) 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; Dallas, TX; or Tempe, AZ. MAGNet interns are expected to remain in good academic standing and continue to make significant progress towards their degree during academic semesters.

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

Requirements

Applicants must be accepted or currently enrolled in an approved in-person Graduate program at the University of Illinois – Urbana-Champaign:

• Statistics
• Mathematics
• Computer Science
• Economics
• Actuarial Science
• Data Science

Applicants with 3-6 semesters (including summer) remaining in their graduate program (i.e. are planning to graduate between May 2027 and May 2028)

Applicants with experience in:

• Statistical modeling and/or data mining
• Data analysis and database tools
• Computer programming (specifically Python, SAS, or R)
• Communicating and presenting technical work

Candidates must be available to work a hybrid position (part in office, part work from home) and come into the Champaign office on a weekly basis.

Students must remain in good academic standing and continue to make significant progress towards their degree during academic semesters.

To apply, please use this link: https://go.researchpark.illinois.edu/MAGNetProgram_StateFarm