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State Farm · 2 hours ago

2026 Summer Intern - MAGNet Program @ Arizona State University

Tempe, AZ

Internship

Hybrid

Intern

Start in 2026 Summer

State Farm is a Fortune 50 company committed to helping interns succeed through valuable training and mentorship. The MAGNet program prepares graduate students for full-time data science positions by allowing them to apply their analytical skills to real-world problems across various departments.

Insurance

No H1B

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

Qualification

Statistical modelingData miningData analysisPythonSASRCommunicating technical work

Required

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

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 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

Benefits

401k retirement plan

Medical, dental, and vision insurance

Paid time off, including specific leave for community service

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.