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Industry Industry = IS Jobs
8,000 Companies 3 Million People Employed 3.1 Trillion in Assets State Farm has over 5,000 IS employees
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Insurance IS Positions
Business Analysts Systems Analysts Project Managers Project Planners Testing Coordinators Training Analysts Object Developers Hardware Specialists Interface Design Specialists Systems Designers Security Analysts Database Administrators There are approximately 50 different roles within the Systems Department. Eleven of those are shown above. Of the 5200 systems employees, 13% (680) are Business Analysts.
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Advantages of Working In Corporate IT Shop
Change careers within the same company Flexible travel opportunities The Systems Department develops and maintains all insurance and financial systems at the home office and throughout all 26 regional offices and insurance support centers. These systems help to store and transmit a variety of data within State Farm and from State Farm to external business partners. State Farm’s Systems Department helps maintain the largest private network in the world.
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Business Analyst = Internal Consultant
Solve business problems through technology Research, define and document business requirements Understand current and future processes for their respective area Liaison between the business users and technical developers
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Business Analyst = Leader
High level of responsibility Facilitate meetings Research existing processes Explore new technologies Document solutions Test and Train users Have a party once project is implemented Communicate Effectively: Via , phone, written communication, or in person. Good communication is key to being a successful Business Analyst.
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Systems Analyst Coding/Training in the following: Cobol / PL 1 / C++
Java / Visual Basic Mainframe/Windows based applications Web development (XML,ASP) eCommerce
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Typical Workday 6:30 arrive at work 6:30-7:00 read emails
7:00-8:00 chat with Bas 8:00-11:00 accept/reject BA work 11:30-12:00 lunch 12:00-1:00 respond to vendor inquiries 1:00-3:00 resolve team issues 3:00-4:45 approve/decline design changes 4:45 go home to see fiancé/dog/cats.
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Job Training Formal Training (IPEP and BASE) On the Job Training
Mentoring Knowledge Mentorship Career Mentorship Informal Mentoring
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Professional Development
Insurance Education (ChFC, CLU, CPCU) Professional Designation (MBA, Masters, CPA)
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Commitment to Excellence
21st in Fortune 500 13th in top 100 IT Shops Top 50 companies for Diversity (DiversityInc.com) Insurance and Banking #1 Auto Insurer #1 Homeowners Insurer Top 10 Life Insurer To be # 1 Financial Services Training and work satisfaction Bullet 1: A new business analyst will participate in an initial 4-week training program called BASE (Business Analyst Systems Education). In addition to BASE, a new business analyst will be assigned a mentor. Opportunities for tuition aid for Master’s degree programs and Insurance designations are available. In addition, Chairman Rust is an active participant on the National Education Committee. Other Facts: 1 out of every 5 cars on the road are insured by State Farm 1 out of every 4 homes is insured by State Farm State Farm has over 69,000,000 policies in force (as of July, 2001) COMPUTERWORLD June 18, 2001
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Common Misconceptions
I will sell insurance I must have an insurance background I can’t move up in a large company Point 4: There are both horizontal and vertical opportunities. Also, if Systems/Central Illinois is not right for you, there is opportunity to move elsewhere.
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Systems Professionals
Enthusiasm - “Can Do” Attitude Problem Solving Skills Technical Skills Communication Skills Organizational Skills Work in a Changing Environment
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Who Should I Contact? State Farm Insurance Companies
Human Resources Recruiting 3 State Farm Plaza, K-1 Bloomington, IL Need more information? Visit our web site!
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The Corporate South complex, located in Bloomington, IL, reflects a campus-like atmosphere.
The original complex, completed in 1996, had a total of 2,000,000 sq. feet. An additional 1,000,000 sq. feet were added to the complex in 2000, bringing the complex’s total to over 3,000,000 square feet. A bicycle/jogging trail runs through the Corporate South area. The trail is more than 2 miles in length. The Corporate South complex is home to over 7000 employees, including 5200 systems employees and many external systems associates.
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