CIS CAREERS IN INSURANCE
Definition Promise Transfer of Risk Indemnity Principle Social Device
Industry Background 8,000 Companies 2 Million People Employed 3.1 Trillion in Assets
STATE FARM COMPANIES Auto (Health) Fire Life
State Farm in the Industry
STATE FARM IN THE FORTUNE 500
IT Opportunities. One of the Top 100 IT Shops according to a Computerworld Survey
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
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
Technical Skills Problem Solving Project Development / Methodology Language Training / Knowledge Hardware and Software Knowledge
Day to Day What Rob and Steve do on an average day.
Professional Development In-House Courses Insurance Education –ChFC, CLU, CPCU Professional Designation –MBA, Masters
Benefits Education Costs Medical and Life Insurance Bonus Programs Retirement Plan Profit Sharing –Company Contribution –Company Matching Program
What to expect when you start Formal Training (IPEP and BASE) On the Job Training Mentoring Overtime Flex-Time
Career Paths Stability Diversity Opportunity
STATE FARM DATA 79,000 Employees –11,000 Corporate Employees –5,000 Systems Employees 16,500 Agents
Closing Thought