Sigma Chapter Intern Testimonials

Trent Grove
Risk Management,
Fall 2017

Farmers Mutual Fire insurance Company of Salem County
Salem NJ, USA

Provide a General Description of the Internship. Include daily tasks completed, the company and its employees, and any other information.
My daily tasks revolved around which department I was with for that specific day/week. I got plenty of hands of experience since it was a smaller mutual insurance company. My main tasks/projects consisted of competitive price analysis for a new line of home owners insurance they were opening in PA. I also did plenty of UW tasks such as re-underwriting agents accounts if they were having to many losses, and would check the accounts and make sure they are insurable risks. All together they did an amazing job of giving me hands on work in each department that would help them achieve goals and treated me as an employee and not just an intern.

Did you have a mentor?

If so, how did he/she help you during your internship?
Jim Reagan was my mentor. He is the manager of Product management. At the end of every day we would meet for 15-30 mintues to discuss what I did that day, and answer and questions I had. He as oversaw all the work I did all summer.

Did you feel your RMI/AS classes better prepared you for the internship?
Yes, RMI 3502 prepared me very well for the internship. All the industry terms and info we learned lead me to be able to jump right in and understand what I was doing.

Interviewing/Hiring Process Comments:
1st interview was at the intern reception. 2nd interview was about 2-3 weeks later at Temple. I then received my offer the next day. The second interview was the more in depth between the two. They asked questions such as: Why I was interested in insurance?; What I do to stay on top of the ever evolving insurance world, such as reading articles or being involved in groups like Gamma; Strengths/weakness; what makes me a good candidate; what I know about the company; etc.

Were you assigned any special projects? If so please describe.
I was assigned 2 major projects. One of which was assisting with the development of their Homeowners line they were opening in PA. I did price analysis, location research as to where to enter, identifying different risks involved in the state, and working on the documents that were sent to the DOI of PA and passed giving us permission to enter and do business there, etc. My second major task was coming up with a presentation on a big risk in PA, which is Fracking. I had time each week set aside for research and preparation for my presentation at the end of the summer.

What were the supplemental benefits besides the pay? (Internship Lunches, Housing, Sports Games, Happy Hours, etc.)
They took me out for a number of lunches throughout the summer.

Describe the company's internship program(atmosphere, work load, work, housing, outside work activities, etc.).
The atmosphere is very friendly and felt like a family since the company is composed of 50+ full time employees that have been working together for most of their careers. Everyone was very friendly and helpful throughout the whole summer, and I was able to go to upper management including the VP and President at any time of the day to discuss anything insurance related that was on my mind. The first day was an informal orientation to discuss company policy, and then they really throw you right into the mix of things, but were extremely helpful and taught me a great deal throughout the process. The work load was high, but that is also because I worked with multiple departments and would ask for more then 1 task at the time so I always had work. I did not have to do work away from the office except for my preparation for an end of the internship research project on "Fracking" which was presented in a 45 minute presentation followed by a Q&A session in front of all managers of the company. It was all together a great experience with friendly and helpful employees.

Was the internship what you expected after the interviewing/hiring process?

Were you provided time off besides the weekend?
They let me take a week off for a family vacation, and added that week to the end so I still worked the 12 weeks. They are very employee friendly so if you had a legit reason or family obligation they would accept it for time off.

If you had to relocate, describe the process of adapting to a new city.
I did not have to relocate but I did commute 50 miles each way. If you leave at the right time traffic was always at a minimum leaving the city, and coming back in. You need roughly an hour for the trip each way.

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