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CIS CAREERS IN INSURANCE. Definition Promise Transfer of Risk Indemnity Principle Social Device.

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Presentation on theme: "CIS CAREERS IN INSURANCE. Definition Promise Transfer of Risk Indemnity Principle Social Device."— Presentation transcript:

1 CIS CAREERS IN INSURANCE

2 Definition Promise Transfer of Risk Indemnity Principle Social Device

3 Industry Background 8,000 Companies 2 Million People Employed 3.1 Trillion in Assets

4 STATE FARM COMPANIES Auto (Health) Fire Life

5 State Farm in the Industry

6 STATE FARM IN THE FORTUNE 500

7 IT Opportunities. One of the Top 100 IT Shops according to a Computerworld Survey

8 Opportunities in Insurance Wide variety of languages Cobol / PL/1 Java / Visual Basic C++ Database administration Mainframe/Workstation based applications Web development eCommerce State Farm Bank Management

9 Service Functions Create new products for our policyholders Enhance the quality of existing products Support legislative changes Support new endeavors in other markets Provide more services through multi-media Support 27 regions, 3 CRCs, 16,500 agents General Expenses

10 Technical Skills Problem Solving Project Development / Methodology Language Training / Knowledge Hardware and Software Knowledge

11 Day to Day What Rob and Steve do on an average day.

12 Professional Development In-House Courses Insurance Education –ChFC, CLU, CPCU Professional Designation –MBA, Masters

13 Benefits Education Costs Medical and Life Insurance Bonus Programs Retirement Plan Profit Sharing –Company Contribution –Company Matching Program

14 What to expect when you start Formal Training (IPEP and BASE) On the Job Training Mentoring Overtime Flex-Time

15 Career Paths Stability Diversity Opportunity

16 STATE FARM DATA 79,000 Employees –11,000 Corporate Employees –5,000 Systems Employees 16,500 Agents

17 Closing Thought WWW.STATEFARM.COM


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