Summer 2027 Intern - Investments - Private & Public Equity

State Farm•Richardson, TX

4d•Hybrid

About The Position

The State Farm Investment Department manages more than $400 billion in assets in support of one of the leading personal auto and home insurers in the United States. As an investment intern, you will gain hands-on experience working alongside professionals responsible for managing a large and diversified institutional investment portfolio. The Investment Department manages assets across a broad range of asset classes, including: Public and Private Corporate Bonds, Municipal Bonds, Structured Products, including ABS, RMBS, and CMBS, Sovereign Debt, Private and Public Equity, Commercial Mortgage Loans, and Real Estate. This internship is focused on Private and Public Equity. Interns will work at the State Farm CityLine campus in Richardson, Texas, within the Dallas-Fort Worth metropolitan area. Separate internship opportunities within the Investment Department are also available in: Fixed Income (Corporate Bonds/Structured Products/Liquidity Management) and Commercial Mortgage Loans and Real Estate.

Requirements

Currently enrolled college students who will have completed their junior year by start of the internship.
Cumulative GPA of 3.5 or higher preferred, with a record of academic and personal achievement.
Coursework, relevant experience, or expressed interest in areas such as real estate, investments, accounting, financial statement analysis, economics, and corporate finance.
Strong analytical, critical thinking, and risk assessment skills.
Ability to work collaboratively as part of a team, as well as operate independently.
Effective customer service and interpersonal skills, including the ability to create, build, and maintain relationships with internal and external parties.
Excellent influencing, problem-solving, and communication skills.
Strong prioritization, time management, and organizational skills to meet deadlines while maintaining attention to detail.
A desire to continuously learn, develop expertise, and apply new knowledge into action.
Authorized to work in the United States at the time of hire.

Responsibilities

Gain hands-on exposure to the State Farm Public Equity Team, which invests in high-quality publicly traded common stocks, and State Farm's Private Equity Team, which invests in domestic private equity partnerships.
Support the Public Equity Team through research and analysis of existing investments as well as involvement in the identification and selection of prospective investments.
Gather, analyze and evaluate information about companies using in-depth primary research obtained through company filings, quarterly earnings calls, management meetings and investor presentations.
Assess a company's industry position, competitive differentiation, management team and key risk considerations, leading to a recommendation for potential inclusion in the State Farm equity portfolios.
Assist in the screening and due diligence of private equity general partners to support the continued growth of the program.
Prepare annual review presentations and gain exposure to private equity general partners as well as other industry contacts.
Prepare written analysis and present findings for debate and discussion.
Collaborate with colleagues across investment asset classes to share information, expertise and ideas.