Vaughan Institute of Risk Management and Insurance

RMI Student News

Announcements

Have you found a job or internship for the summer?
Please let Viana Rockel know your plans for the summer, if you have found a job or internship. If you won't be checking your uiowa.edu email account, please also send an email where we can reach you.

We are optimistic that you are doing well finding employment. Dana Ramundt shared a Midwest Region Insurance Journal article (February 20, 2012) about the gains in employment in the insurance industry that you may find interesting. We are aware that more recruiters are seeking RMI students, and this validates our observations.

Corporate and Financial Risk Management
Don't forget to sign up for Corporate and Financial Risk Management in the fall. We won't offer this class in the spring and it is a required class for all RMI Certificate students.

Meet Industry Leaders at Golf Outings-You don't have to golf to attend.
Both golf outings support students of the Vaughan Institute. Hold the following dates on your calendars. All RMI students are encouraged to attend. You'll have fun while meeting industry leaders from companies located in the Midwest. Details will be provided later.

May 17, 2012: Greater Quad Cities RIMS Golf Outing
Geneva Golf and Country Club, Muscatine, Iowa. Students interested in assisting with this golf outing should contact Viana.

August 16, 2012: Dana C. Ramundt Insurance Education Foundation Golf Outing
Finkbine Golf Course, Iowa City, IA

Iowa State Licensure Class Cancelled
Study Materials Available Free of Charge.

We won't hold a state licensure class this year; however, study materials valued at $85 are available free of charge in the Institute's offices. Any Risk Management and Insurance (RMI) student (US Citizen) who wants to attend the regularly scheduled study sessions that the IIAI offers in West Des Moines can do so free of charge while you are registered for classes at the UI. To take advantage of this, you must register for the class through Viana. This offer is also good for GIS students who are genuinely interested in employment in the industry.

The most beneficial classes are the Personal Lines Exam School and the Commercial Lines Exam school. After taking both, you will be ready to sit for the combined Personal and Commercial Lines test. Iowa Licenses are recognized in many states and all you will have to do is apply for licensure if you are moving to a reciprocal state. While agents must get licensed, other positions such as underwriting and claims benefit from licensure.

Industry News

Transamerica (formerly AEGON) Summer Internships
Transamerica's remaining summer internships should be posted on their website. Check their website often for new postings. Also, Transamerica's Accounting Leadership Summit is posted on HireAHawk. Application deadline is March 9, 2012.

IMA Corporation, Denver, CO, Internship
The IMA Corporation will offer an internship in their Denver office. They are currently finalizing the details. The intern will likely work in more than one of their units of construction, energy, technology, etc. During this internship, the intern will learn the day-to-day operations of an insurance broker. The position will likely pay $12-$14 an hours. If you are interested, send your resume to Viana and she will forward it to the company.

Chubb Underwriting Associate and , Chicago
The Chubb Group of Insurance Companies will hire a Personal Lines Underwriting Trainee (job # 10074) and associate (job # 10305) in their Chicago office. Chubb is the 11th largest property and casualty insurer in the US and has a worldwide network of some 120 offices in 27 countries. Apply online. They are also hiring an accounting intern (job #9817) and an actuarial intern (job #9764).

Ameriprise Financial Full-Time Position, Minneapolis, MN
If you are graduating, looking for a job and don't mind sales, this may be the opportunity for you. Ameriprise Financial will hire a Financial Advisor in Training. Unlike many other companies, Ameriprise Financial offers a base salary, overtime pay and more. Contact Courtney Wilson for more information or apply online.

First Heartland Financial Group, Financial Advisor Position, Clive, Iowa
First Heartland Financial Group is also hiring Financial Advisors. If you are interested in applying, contact Stacy Blomgren or apply through HireAHawk.

Nationwide Insurance Internships, Des Moines, Iowa
Nationwide is hiring interns in five different divisions in Des Moines and they have a separate program for Agribusiness interns. They will have representatives at the Career Fair to talk about these opportunities. Don't forget to stop by their booth. If you can't make the Career Fair, application instructions are included in the informational brochures (click on links above).
State Farm Agency Apprentice Program
State Farm is currently recruiting summer interns. The internship provides a holistic view of their agency systems and better knowledge and skills needed to become a successful agent. They are recruiting interns for eight different locations in the Midwest, including Des Moines and Cedar Rapids. The company will have a recruiter at the Career Fair. Stop by their display to learn more.

United Fire Group, Cedar Rapids, Iowa
Inside Claims Representative Trainee, Cedar Rapids

The United Fire Group will hire an Inside Claims Representative trainee (US citizen) for their Great Lakes Branch in Cedar Rapids. The trainee will investigate and evaluate property or liability claims to determine liability, damages and settlement or negotiation techniques. Extensive on-the-job training will be provided.

GreatAmerica Leasing, Cedar Rapids, Iowa
GreatAmerica Leasing Corporation has several internships available for the summer. Check their current openings for the most current listing. They are still looking for credit analyst, portfolio analyst and staff accountant interns. Learn more or apply...

EMC Insurance, Des Moines, Iowa
EMC Insurance is recruiting interns in the SIU (Special Investigative Unit) Claims, Underwriting, Claims, Risk Improvement, Actuary and Marketing. They also expect to have a Human Relations Internship. Most are posted on HireAHawk or you can access the company career website to learn more.

Risk Strategies Internship, Northfield, IL
Risk Strategies, a growing national brokerage firm, will hire summer interns for their rotational program. The intern will support the strategic development of new clients, assist in brokering new and renewal policies, maintain client and carrier relationships and assist in operations management. To apply, forward your resume to Andy Royce.

TrueNorth Companies Summer Internships and Full-time New Hire, Cedar Rapids, IA
TrueNorth Companies will hire interns for the summer in their risk management and transportation divisions. The Transportation Internship will provide exposure to their trucking division and to the industry. The intern will rotate among four departments in the Transportation division. The Risk Management intern will work on internet marketing projects, electronic mail processing, data integrity scrubbing and will rotate through departments to get an overview of the P&C agency. Both are full-time paid internships. To apply send your resume to resume@truenorthcompanies.com.

The company is also looking for a Service Manager in the Property and Casualty Division. This is a full-time position, not an internship.

Holmes Murphy & Associates Summer Internships-Multiple Locations,
Holmes Murphy & Associates (corporate headquarters, Des Moines, IA) is currently recruiting summer interns (US citizens) for their offices throughout the Midwest. They will interview candidates on campus Feb. 23. Interns work full-time (38+ hours a week) and will be paid $12.00 per hour. Upon completion of the first year, interns may be asked to return for a second year. After completing the internship, they may be offered a job in a location mutually agreed upon. The positions are in sales or provide support to sales. Apply Now If you have a friend who is a sophomore and is looking for an internship, ask them to get in touch with Viana and she will forward their resume to the recruiter.

Insurance Career Center
If you're looking for a job anywhere in the US, don't forget to check the listings on the Insurance Career Center website sponsored by the Independent Insurance Agents and Brokers of America.

Risk and Insurance Management Society
Join RIMS as a student member for free and connect with local risk managers and brokers. Check out the Greater Quad Cities RIMS Chapter. The meeting this month will be in Muscatine. Paul Roth with FM Global with present the "Incident at Mansfield" fire emergency scenario and video. Contact Viana if you want to attend this meeting.

Gamma Iota Sigma

Meeting Schedule
All meetings begin at 6:00 p.m. For more information, contact Justin Kolka. Business casual dress will be required.

Plan now to attend the NAPSLO (Excess and Surplus Lines) Conference March 30-31.
Last year, the group of 14 students attended the conference in Chicago and met with three companies before attending the NAPSLO Conference. Most, if not all, expenses for up to 14 students will be covered by a gift from Dana Ramundt. Contact Justin Kolka for more information.

Highlights of last year's conference:

  • Prior to the conference, students attended one-on-one presentations from various companies such as Zurich, RT Specialty, and Allied Insurance.
  • They got to know Gamma Iota Sigma members from Chapters all over the US and Canada, including VCU and Illinois State.
  • NAPSLO was filled with fun events for all students, such as a dinner at Dick's Last Resort.
  • Students heard from some of the top people in excess and surplus lines insurance like Lloyd's of London that gave a presentation on the types of products they insure.

The Hartford Internships
P&C Sales & Distribution Sales & Underwriting
The Hartford is recruiting Gamma Iota Sigma students for summer internships. Would you like to spend the summer in beautiful San Antonio? This internship may be for you. Send your resumes to Viana if you are interested. The internships pay $16 per hour; however, no housing assistance will be provided.

Become a GIS Member
Many of the Institute's industry partners like to hire GIS members as interns and recent graduates as full-time employees. You don't have to be a Risk Management and Insurance Certificate student to join GIS and students can join as early as their freshman year.. All new members should bring dues to a meeting, if you haven't already paid. Also, members who haven't filled out the new membership forms should contact Justin Kolka as soon as possible.

Recruitment is an ongoing process at GIS and the organizations best tool has been word of mouth. Let your friends know GIS and what it is about as a student organization.

March 2012

In This Issue

Announcements

Industry News

Gamma Iota Sigma

Important Dates and Deadlines

May 17, 2012: Greater Quad Cities RIMS Golf Outing

August 16, 2012: Dana C Ramundt Insurance Education Foundation Golf Outing

Action Items

  • Register for the fall Corporate and Financial Risk Management
  • Join RIMS (free) and Gamma Iota Sigma
  • Attend GIS meetings and attend the NAPSLO Conference
  • Join the Vaughan Institute's Alumni LinkedIn Group
  • Stop by the Institute's offices to get a copy of the State Licensure study guide.

Gamma Iota Sigma

Spring Highlights

Next meeting: March 25. Speaker Kurt Eaves, RMI Mentor, Indiana Insurance/Liberty Mutual S181PBB

March 30-31: NAPSLO Conference

Student News Archives

Vaughan Institute of Risk Management and Insurance
Henry B. Tippie College of Business
319-335-1015