2024 Summer Intern - MAGNet Program @ University of Georgia

We are not just offering a job but a meaningful career! Come join our passionate team!

As a Fortune 50 company, we hire the best employees to serve our customers, making us a leader in the insurance and financial services industry. State Farm embraces diversity and inclusion to ensure a workforce that is engaged, builds on the strengths and talents of all associates, and creates a Good Neighbor culture.

We offer competitive benefits and pay with the potential for an annual financial award based on both individual and enterprise performance. Our employees have an opportunity to participate in volunteer events within the community and engage in a learning culture. We offer programs to assist with tuition reimbursement, professional designations, employee development, wellness initiatives, and more!

Visit our Careers page for more information on our , and of joining the State Farm team!

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.

What's In It For You:
MAGNet is similar to a 50% graduate assistantship offered by the University. It is a multi-semester program. 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, including the following:
* 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 Athens, GA and relocation assistance is not offered.

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:
o Hours: During Summer Semester, MAGNet interns work 38.75 hours per week
o Duration: Summer Semester (5/14/2024 to 7/31/2024)
o 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, located in downtown Athens, GA.
* Experience:
o Direct experience you can leverage for your future career
o An opportunity to learn and network with industry-leading influencers
o A learning environment: mentoring and development to help you succeed
o A culture that embraces Diversity and Inclusion

We Are Looking For:
* Applicants accepted to or currently enrolled in one of the following graduate programs at UGA:
o Statistics
o Mathematics
o Computer Science
o Epidemiology & Biostatistics
o Economics
* Applicants with 3-6 semesters remaining in their graduate program (i.e. are planning to graduate between May 2025 and May 2026)
* Applicants with experience in:
o Statistical modeling and/or data mining
o Data analysis and database tools
o Computer programming (specifically Python, SAS, or R)
o 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 Athens office on a weekly basis.

SPONSORSHIP: 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

We are not just offering an internship but the opportunity for a meaningful career!
Come join our passionate team!

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