The Emmett J. Vaughan Institute of Risk Management and Insurance

Student News: March 2011

Contact Viana Rockel, 335-1015

Industry Opportunities

Farm Bureau Financial Services, Paid Summer Employment, West Des Moines, IA

The Farm Bureau Financial Group, Inc. has two express claims temporary jobs open in at their West Des Moines Headquarters for summer 2011. The person will serve on the FBL Express Claims team and take initial catastrophe and claims reports by phone, working from a script of questions and completing the First Notice of Loss form. They are looking for employees who are agile and can handle many types of situations. Students with a customer service background are encouraged to apply. You should have good computer skills, good listening and communication skills, be adaptable to varying workload and pace, and be detail oriented. This is an ideal way to learn about the claims side of insurance, while making contacts and having exposure to others in customer service, subrogation, inside claims, and filed claims. The person will be exposed to more complex claims situations and they may be taken on some claims calls or sit in on liability situations. The Express Claims department is considered a springboard to many other claims positions at FBL.

Apply online. Let Viana know after you complete your application, and she will alert the main office to look for your application.

GreatAmerica Leasing, Credit Analyst Intern and Full-Time Positions, Cedar Rapids, IA

GreatAmerica Leasing still has a couple of internships in their Cedar Rapids that they haven't filled. As a Credit Analyst Intern, you'll work full time during the summer and part time during your senior year around your academic schedule. To qualify to apply, you must have a minimum 3.5 GPA in Accounting or Finance and an overall GPA of 3.25. You also need a written recommendation from the Dean (Viana can help with this) and at least two instructors. If you're interested, they also have Vendor Relationship Manager Internships open. Apply online for both internships.

If you're graduating and looking for a job in the Cedar Rapids/Iowa City area, you may want to consider applying for a Credit Analyst position.

State Farm, Agency Field Support Specialist, Cedar Rapids, IA

State Farm Insurance will hire two Agency Field Support Specialists in their Cedar Rapids offices. They will begin interviewing for one position in April and for the other in August. They are looking for employees with good technical skills, who can build good rapport with agents and have exceptional research skills. It is a salaried position with benefits that may eventually lead to a specialist or producer role. If you apply for this position, please let Viana know and she will inform the managers of your application. This is a full-time job, not an internship.

Shelter Insurance, Iowa City/Coralville

Shelter Insurance is looking for a salaried agent to serve in the Iowa City/Coralville area. They are currently finalizing the pool of candidates. For more information, contact Dean Smith.

Holmes Murphy & Associates, West Des Moines,P&C Assistant Account Manager

Holmes Murphy & Associates is hiring and Assistant Account Manager. The person will prepare certificates and binders, process endorsements, order and suspect policy changes, maintin and update computer and notebook records and ensure account accuracy. Click here to apply.

Vaughan Institute Announcements

Learn about Internship Experiences on ICE-Net and Tell Others About Your Internship Experience

Through the Iowa Career Exchange Network (ICE-Net) you can connect with UI alumni, professionals and past interns to learn about careers in more than 65 industries. Visit ICE-Net. If you already have an account on HireaHawk, you can start using ICE-net today. Look for the ICE-net tab in you home page.

Network at the Young Agents Conference, May 11 & 12

The Independent Insurance Agents of Iowa will provide current students with free registration for the 2011 Young Agents Conference. It will be held at the Funny Bone Comedy Club & Holiday in in West Des Moines, Iowa on May 11 and 12. The cut-off date for registration is April 18. Graduating seniors who will become agents should consider attending this conference to begin networking with other young agents in Iowa. Contact Viana for the agenda and information about registration. .

Apply for a CPCU scholarship

January 2009, the American Institute for Chartered Property Casualty Underwriters/Insurance Institute of America (Institutes) began offering 100 scholarships for the Chartered Property Casualty Underwriter (CPCU) designation program. The President's CPCU Scholarship will cover the costs of CPCU textbooks, course guides, SMART Study Aids (which include flash cards, review notes, and online practice exams), and the national exam. this is an estimated value of $3,800 per scholarship.

The Vaughan Institute can nominate students for awards. If you would like to be considered, please contact Viana.

Note: According to Ty Leverty, the CPCU requires the completion of 8 courses: 4 Foundation Courses, 1 Elective, and 3 Concentration Courses.  He thinks that students who have taken Principles, Corporate and Financial Risk Management, and Property-Liability Insurance should have a relatively easy time taking and passing two of the Foundation Course exams: CPCU 500 (Foundations of Risk Management and Insurance) and CPCU 520 (Insurance Operations ). If the student is a finance major, they should be able to handle CPCU 540 (Finance and Accounting for Professionals) without a ton of extra work.

Juniors-Sign up now for the 2011-12 Mentoring Program

We will begin recruiting next year's class of mentees at the event on April 11. If you sign up now, we'll have an easier time finding an exceptional industry mentor for you for the coming academic year. Details about the April 11 event are provided under news from Gamma Iota Sigma. If you can't make the event, please contact Viana for more information about the mentoring program and to obtain an application form.

Post Your Resume with Insurance Career Center

Those big, commercial job boards are inundated daily with new job seekers that are posting resumes and searching thousands of jobs online. In all that clutter, it's easy to get lost in the crowd. But when it comes to making career connections in the insurance industry, more and more employers are turning to the Insurance Career Center to find qualified candidates with insurance professional skills to fill their open positions. Where better to post your resume and search for a new job than on the same destination that companies in your field are turning? Demonstrate your value as a professional in the insurance industry and post your resume with Insurance Career Center today!

Gamma Iota Sigma Announcements

April 11 Invitation

  • Program: 5:00 p.m.
  • Location: W401 PBB
  • Networking with mentors and other industry professionals: 6:00 p.m.
  • Light snacks will be served

Juniors, would you like to learn more about how to get the most out of your college experience by connecting with an industry mentor? Seniors, you may be interested in learning from professionals about the benefits of finding a mentor after you graduate. If so, you're invited to the final event of the Mentoring Program. The April 11 event is open to all students who RSVP.

The panel discussions will be valuable for those who are graduating as well as those who will return in the fall. If you are a returning RMI student, you'll have to opportunity to learn more about the mentoring program and to pick up an application form to request a mentor next year. Light snacks will be served.

RSVP to Ashley Schulz by Friday, April 1.

April 10: GIS Officer Elections

Holding an officer position in a well-respected student organization is a great addition to any resume. If you need a leadership experience, consider running for a GIS post. For more information on GIS and open positions, contact GIS President, Alyssa Flamm. All positions will be up for election so if you have any questions about any of them do not hesitate to ask any of the current executives.

March 27 Speaker: Cathy Zaharis, UI Finance Career Academy

  • Time: 6:00 p.m.
  • Location: C121 PBB

Cathy Zaharis is a mentor in the mentoring program and is a Business Director for the MBA School of Management so she has great insight for those of you who are interested in graduate school. Cathy also worked at The Principal Financial Group as a Portfolio Manager/Analyst. The meeting will be in room C121 at 6:00pm and dress will be business casual.

April 10 Speaker: Rod Warren, President, NCMIC Insurance

  • Time: 6:00 p.m.
  • Location: To Be Announced.

Rod Warren is the President of the insurance companies and insurance agencies under the NCMIC Group umbrella. The insurance companies specialize in professional liability coverages for physicians, dentists, chiropractors, and lawyers. The insurance agencies provide insurance products to a variety of audiences from a number of national insurance companies. The companies have a presence in all 50 states.

Viana Rockel, Associate Director
The Emmett J. Vaughan Institute of Risk Management and Insurance
Henry B. Tippie College of Business Department of Finance
108 John Pappajohn Business Building, Ste S230A
Iowa City, Iowa 52242-1000
319-335-1015 / Fax 319-384-3585 /