SUNY Chancellor King Announces Paid Internship Partnership with the New York State Insurance Fund
December 23, 2025
More Progress Towards SUNY's Goal for Every Student to Participate in an Internship or Other Experiential Learning Opportunity by Graduation
Partnership Will Provide 100 SUNY Students Paid Internships in NYSIF Offices Throughout New York State Beginning in 2026
Albany, NY — State University of New York Chancellor John B. King Jr. today announced a partnership between SUNY and the New York State Insurance Fund (NYSIF) to provide SUNY students with paid internships. Through the partnership, NYSIF will provide 100 SUNY students with a paid internship at NYSIF offices throughout New York State beginning in 2026.
"Internship experiences are important drivers of upward mobility and success for all students," said SUNY Chancellor King. "Through this partnership with NYSIF, SUNY students will have the opportunity to build vital real-world skills while also exploring a career path that interests them. We are proud to work with NYSIF to provide our students with high-quality internship opportunities that will lead them to a successful future."
The SUNY Board of Trustees said, "Thanks to the steadfast support of Governor Hochul, SUNY can invest in internship programs that provide students with crucial opportunities to gain hands-on experience and enrich their education. We are proud to partner with NYSIF to provide our students with the opportunities to pursue a high-quality internship. Thank you to Governor Hochul and the State Legislature for their continued support of SUNY, and the success of our students."
NYSIF is New York State's largest workers' compensation insurance carrier. The partnership between SUNY and NYSIF builds on SUNY's ambitious goal for every student to participate in an internship or experiential learning opportunity by the time they graduate. Since its inception in 2023, NYSIF's internship program has hosted 46 SUNY interns, and 11 SUNY graduates have joined NYSIF in permanent, full-time positions. The partnership between SUNY and NYSIF will double the number of students hosted at the company and provide students with opportunities to learn in a unique business setting. Students who participate in the internship program will work across NYSIF divisions including Administration, Claims, Division of Confidential Investigations, Finance, Investments, Office of General Counsel, Premium Audit, Marketing and Communications, and Underwriting.
New York State Insurance Fund Executive Director and CEO Gaurav Vasisht said, "At NYSIF, we are seeking the best and brightest within New York State to help us achieve our mission. Becoming a NYSIF team member provides students with an excellent opportunity to work on interdisciplinary teams throughout our organization where they will be immersed in strategic business operations and have an opportunity to solve real-world business challenges as well as develop innovative products and business solutions."
SUNY has worked to expand internship opportunities in multiple ways through the launch of programs including the SUNY Educational Opportunity Career Development Internship Program, the Chancellor’s Summer Research Excellence Fund, the SUNY Institute for Local News, the Veterans Enrollment and Support Internship Program, and the SUNY Climate Corps. Thanks to strong investment from Governor Hochul and the State Legislature, the SUNY Board of Trustees now provides $14.5 million in annual state funding to support paid internships for students at State-operated campuses.
About NYSIF
NYSIF is the largest workers' compensation insurer in New York State and among the ten largest nationwide. NYSIF covers 2 million workers and insures nearly 200,000 employers in New York State. NYSIF's mission is to guarantee the availability of workers' compensation, disability insurance and paid family leave at the lowest possible cost to New York employers while maintaining a solvent fund. Since its inception over 110 years ago, NYSIF has fulfilled this mission by competing with other insurance carriers to ensure a fair marketplace while serving as a guaranteed source of coverage for employers that cannot secure coverage elsewhere. NYSIF strives to achieve the best health outcomes for injured workers and be an industry leader in price, quality, and service for New York employers. For more information, visit nysif.com.
About the State University of New York
The State University of New York is the largest comprehensive system of higher education in the United States, and more than 95 percent of all New Yorkers live within 30 miles of any one of SUNY’s 64 colleges and universities. Across the system, SUNY has four academic health centers, five hospitals, four medical schools, two dental schools, a law school, the country’s oldest school of maritime, the state's only college of optometry, 12 Educational Opportunity Centers, over 30 ATTAIN digital literacy labs, and manages one US Department of Energy National Laboratory. In total, SUNY serves about 1.7 million students across its portfolio of credit- and non-credit-bearing courses and programs, continuing education, and community outreach programs. SUNY oversees nearly a quarter of academic research in New York. Research expenditures system-wide are nearly $1.5 billion in fiscal year 2025, including significant contributions from students and faculty. There are more than three million SUNY alumni worldwide, and annually one in three New Yorkers who earn a college degree is a SUNY alum. To learn more about how SUNY creates opportunities, visit suny.edu.
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