Summer 2026 Intern - Investments-Fixed Income

Location US-TX-Richardson

Job Category Intern

Position Type Intern - Summer

Req ID 42131

Overview

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!

Responsibilities

The State Farm Investment Department is a leading investment manager, entrusted with managing over $400 billion in assets to support the leading personal auto and home insurer in the United States. State Farm is a Fortune 50 company and is consistently recognized as a top employer in the United States. In the State Farm Investment Department, we manage a multi-billion-dollar investment portfolio across various asset classes - Corporate Bonds (Public and Private), Municipal Bonds, Structured Products (ABS, RMBS, CMBS), Sovereign Debt, Private Equity, Public Equity, Commercial Mortgage Loans, and Real Estate. Through sound investment strategies, the Investment Department helps State Farm remain financially strong, so our customers can manage the risks of everyday life, recover from the unexpected, and realize their dreams. As a member of our high performing team, you will interact with senior Investment Department staff, as well as receive several cross-asset learning opportunities. We will rely on you as a key partner to assist with due diligence research, financial modeling, and investment decision-making. Investment interns will be a part of State Farm's growing investment platform at CityLine in Richardson, Texas, within the fast-growing Dallas-Fort Worth metro area.

We are looking to hire interns to work within Fixed Income (Corporate Bonds / Structured Products / Liquidity Management). This is in addition to other internship opportunities within the Investment Department working with 1) Private / Public Equity and 2) Commercial Mortgage Loans and Real Estate.

What You'll Do

• Perform fundamental research and analysis of publicly traded and privately held companies and industries within State Farm's $100 billion corporate bond portfolio
• Gain understanding of State Farm's corporate bond trading function (responsible for executing over $15 billion in transactions annually) and participate in simulated transaction exercises
• Research and actively participate in discussions / activities related to the responsibilities of State Farm's $50 billion Structured Products & Liquidity portfolio
• Present investment recommendations to senior leaders and experienced investment professionals through written reports and oral presentations, analyzing company management, business strategy, financial statements, and competitive positions within a respective industry

What's In It for You

Qualifications

Internship Information

Our Benefits

We are excited to offer our interns a tailored set of benefits with a range of valuable perks to help support you during your time with us!

Time Off

Financial Benefits

Miscellaneous Benefits

Please see job description

PI278368192