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Intern - Bank Job Details

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Job Ref:  22637
Industry:  Accounting/Finance
State:  Illinois (IL)
City:  Bloomington
Employer:  State Farm Insurance
10/21/2010
Job Description: 
Why State Farm?

Our commitment to customers makes us the No. 1 insurer of cars and homes in the United States and an insurance leader in Canada.

This same commitment to our work force is how we got here and how we stay here. Our 90-year track record highlights State Farm as an employer of choice committed to providing career opportunities that last a lifetime.

From diverse backgrounds and talent, to meaningful work and comprehensive benefits, :Like a good neighbor...: isn't just a slogan. It's who we are and how we do business.


WHAT ARE THE DUTIES AND RESPONSIBILITIES OF THIS POSITION?

Various duties depending on departmentCompletes training on workstations and job/department specific applications Demonstrates the ability to effectively analyze and execute professional level work in the assigned departmentWork on special projects as assigned by the supervisor Demonstrates an understanding of State Farm policies and procedures

WHAT KNOWLEDGE AND SKILLS ARE NEEDED TO BE SUCCESSFUL IN THIS POSITION?

Must be a college student
Effective communication skills, both oral and written
Ability to work in team environment


ITEMS OF NOTE

Position not eligible for merit increases or Performance Cash

ADDITIONAL INFORMATION

State Farm Bank provides banking products and financial services for State Farm customers. The Bank works closely with State Farm agents to assist them in the delivery and support of these products and services. The Bank also works with other internal departments such as Marketing, Agency, and Treasury to accomplish their goals. Departments are staffed with various levels of management, analytical, and support level personnel.

Project work within each Bank department may vary. In addition, all Bank interns will work on a team project which they will present to Bank Executive at the end of their internship. The topic for presentation is determined by Bank management.

Examples of previous group intern projects have been examination of legislation affecting credit cards and its impact to Student credit cards, mobile banking and how to market bank products to a young adult market, and how Bank might use various social media to reach the young adult market.

Individual intern work projects may include analysis of forecasting models, deposit pricing models, work with compliance/risk governance information bases.

The Bank internship program also offers an introduction and farewell luncheon with Bank Executive, group presentation to Bank Executive, professional development classes, opportunity to network and job shadow other areas of the State Farm enterprise.
BENEFITS: TOTAL REWARDS

Our Total Rewards benefits package includes: Competitive starting salary
Annual merit reviews
Annual bonus potential
You may also be eligible to participate in Medical, Dental, Life and Disability Insurance, Vision, 401(k) Plan (Savings & Thrift in Canada), Credit Union, a fully funded retirement pension plan, and more. To search for more information on careers in the U.S., visit statefarm.com/careers. To search for more information on careers in Canada, visit statefarm.ca/careers.


State Farm Insurance is an equal opportunity employer

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