Investment In-House Counsel

State Farm Mutual Automobile Insurance Company


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State Farm is offering a Counsel opportunity within the Investments Unit of the Law Department, located in State Farm’s corporate headquarters in Bloomington, Illinois. Our Law Department employees are challenged, committed and empowered. At State Farm, we help one another grow professionally and personally. It is part of who we are and have been since 1922.

The Investments Unit counsels on transactional, regulatory, and compliance matters related to State Farm’s investment portfolios, which exceed $300 billion in assets. The Unit’s primary responsibilities include counseling State Farm on: (i) commercial mortgage loan transactions; (ii) investment real estate; (iii) private corporate debt and other fixed income investments; (iv) investments in private equity funds; (v) venture capital and other equity investment transactions; (vi) the formation and governance of affiliated entities; and (vii) laws and regulations impacting the investment activities of an insurer and its affiliates. In addition to these core areas, the role of the Investments Unit continues to evolve and expand as new legal issues arise in an ever-changing business environment.

We are seeking an attorney to counsel on all aspects of new transactions and other legal issues arising out of the management of the portfolios, primarily in the private placement, private equity and/or venture capital asset classes. This attorney will also be expected to collaborate with business partners and Law Department colleagues on a range of other matters. Interested candidates should have experience in one or more of the following areas: corporate finance, commercial lending, private placements, private fund investments, venture capital, and/or mergers and acquisitions.

Candidates should possess:

  • Experience preparing, reviewing, and negotiating finance transaction documents, identifying and analyzing key transaction risks, and providing sound, objective legal advice to enable the business.
  • An awareness and understanding of current economic trends impacting institutional investors.
  • Demonstrated legal, organizational, and interpersonal skills.
  • Demonstrated ability to work independently with a strong work ethic and customer-service mentality.


  • Law Degree from an ABA-accredited law school
  • Must have an active license to practice law in at least one state and a member in good standing of the bar
  • Must be able to obtain a limited license if not already appropriately licensed in IL
  • Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work opportunity

Additional Details:

  • Other than as authorized by the General Counsel or his designee, employees are not permitted to handle any legal business outside of State Farm except authorized pro bono work
  • Newly hired employees must cease all outside practice and all suit involvement before joining State Farm
  • Travel may be required via commercial transportation or driving to job related activities
  • May work irregular hours due to workload and nature of the work

Located in Bloomington, IL, this position is classified as a hybrid role, meaning that the work arrangement calls for days in the office in our Corporate Headquarters in Bloomington and virtually. Everyone in a hybrid role is required to spend some time in the office. Work arrangements could change over time based on business needs.


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