Identify the career goals for which you are preparing. One of the facets of demonstrating a level of commitment to the future from a personal, and even professional standpoint, is setting goals. It is important to set reasonable and attainable goals. Overreaching can result in frustration and disappointment. With that said, I have set one short term goal, to become an insurance fraud investigator, and one long term goal in mind for my career in the insurance industry. Ultimately, I would like to obtain employment, either with my current company or even with a competitor to become an insurance fraud investigator. According to the Bureau of Labor and Statistics, investigators are not required to be licensed in any state because they can work …show more content…
The insurance industry, like many other industries, is facing extensive changes required by a convergence of commercial and technology forces driven by innovation. Interconnectivity amongst insurance technology and customers’ lives is quickly accumulating and the insurance companies’ voracious appetite for more information to make improved decisions and to account for risk accurately, while concurrently decreasing costs, never ends (How technology impacts the insurance sector, …show more content…
My employer pays for my college education. I realize how fortunate I am to be given this opportunity. My classes have to be approved by my immediate supervisor, and all courses must be relevant to my job or prospective job. This will be of great assistance as I complete my Bachelor’s degree. When a person has a Bachelor’s degree, more doors open – not just within my company, but within life in general. The position I am seeking requires a bachelor’s degree in criminal justice or a related field such as Criminology. I have just earned my Associates degree in criminal justice, and have begun the process of earning my Bachelor’s degree. Once I have my degree, I can interview for an open investigator
My goal’s I attend to achieve in pursuing a certificate in Basic Law Enforcement are primarily to make an impact in the community. Furthermore, I enjoy the various jobs that Law Enforcement has to offer. Last reason, would be to be part of an exclusive organization that I can be proud of. My past experiences in my work history have been mostly related to customer service, problem solving, and interpersonal skills. I also have interacted with plentiful of people, on many different social levels and many diverse cultures.
The insurance industry’s performance is highly correlated with the state of the economy and specifically GDP growth. From the data outlined in this report, it is evident that the insurance industry flourishes alongside the economy where factors such as output, unemployment, and other variables are growing as well. Since the 2008 crisis, the Canadian economy has recovered quite well. One of the key concerns going forward is the current exchange rate of the Canadian dollar. Going forward, as the economy goes into a boom it will be crucial for the insurance industry to reach its potential.
deal more than I need to learn before I can achieve my dream of building a business in the Asia
business of insurance. But the lack of uniformity, loop holes, blind spots and deficiencies within
Nowadays, information technology dominant society which took an important role of providing better services with its intensive data and information. Some or part of the services continuously changing their shapes from traditional type of works to online base systems along with the recent innovation. Insurance is one of them. People are able to exchange and contract their insurance policies on the website by providing information just to complete the applications. Obamacare also adopt this system to make it more accessible and affordable to everyone. The online system eliminates or reduce the assessment and underwriting process which usually proceed before the contract, so that insurance companies are able to provide insurance less expensive and much easier to people especially for young people compare to the traditional style of insurance. It also reduced a large amount of paper works associated with assessment or contraction process. As a consequence, usability became more simple and convenient both for insured and insurer.
Industry experts note that "major transformations are under way in health insurance," and cite several major drivers that demand innovation to protect future success: (Singh & Sawhney, 2006)
I have currently received my associates of science degree in criminal justice from Southwest Tennessee Community College. I decided to further my education and obtain my bachelors degree in criminal justice to explore more opportunities. I believe that going back to school will help give me the tools necessary to excel as a criminal justice professional. When I was in high school criminal justice was always something I was interested in learning about. I wanted to know more about the criminal justice system and how cops, courts, and corrections operate with one another. Once I enter into the criminal justice field and begin working as a professional with my bachelors I will become more remarkable to employers. This degree will also give me
Insurance is an arrangement by which a company gives customers financial protection against loss or harm such as theft and illness in return for premium payments. One of the most important ways that external economic factors are affecting insurance industries is by experiencing a slow pattern in the economy. Insurance companies are affected by lower sales and lower rates of returns on their investments. Companies have to sell certain products for which they have the commitment and the
As someone who has attended online school since 2008, I would like to think I enjoy learning about things within the Criminal Justice field. Initially when I started this educational journey, I took classes in something that interested me, not so much in terms of what I wanted to do with the degree once completed. See, I had plans to stay in the military for the full twenty, however life had other plans for me. Having a child and being in the military are tough commitments to have when combined, so I decided to go for the family life instead. So, here I am about to graduate from a school I have been going to for 7 years, achieved an Associates as well as a Bachelors and want to continue on with a Masters; unfortunately the school does not offer
Attending graduate school is incredibly important to my career goals for several reasons. I hope to attend Appalachian State University to complete my Master’s in Clinical Mental Health Counseling in order to assist people who have experienced trauma relating to sexual assault, abuse, domestic violence, and similar issues. The primary reason that graduate school is essential to my success as a future counselor is that it will teach me the skills to provide competent clinical services to my clients. As a future counselor, it is my ethical and moral responsibility to provide services that help clients and do not harm them. Without continuing my education, I would simply be unable to do this. Attending a graduate program will allow me to participate in classes, practicums, and internships that will teach me a wide range of essential skills. Classes offered through the Clinical Mental Health Counseling program, such as Multicultural Counseling, Counseling Theory and Techniques, and Helping Relationships will all be vital in helping me learn to provide competent, empirically-backed therapeutic services. Additionally, elective courses such as Sexual Abuse Counseling and Women’s Issues in Counseling are especially relevant to my goal to become a
Geico Insurance has expanded its product base to include home insurance, commercial insurance, atv and motorcycle insurance, boat insurance, and umbrella policies to its customers still with the direct selling concept. As technology has evolved, so has Geico Insurance to make sure its products and services are meeting the needs of the consumers. In addition to offering a multitude of insurance products, Geico has expanded its services to its customers with new features such as online claim filing, applications for mobile phones, and online quotes. The variety of products and services reaches out to a large target group ensuring Geico Insurance has a product to meet most all consumers’ needs.
Though I assume that all the insurance industry has gone paperless, one weakness that may still be prevalent is operating with paper transactions. Without paperless technology, selling policies, collecting payments and reminders may look old fashioned, not efficient and not be appealing to customers, both current and new. Lack of technology can also hamper the means to find new customers, and keep current ones from switching to another insurance
Recently, insurers introduced online insurance policies. This got a wide spread acceptance from many clients in that it is quick, easy and convenient. It is also cheaper in that a person doesn’t have to travel
Changes in tax laws, government benefit programs, and other State and Federal regulations can affect the insurance needs of clients and how agents conduct business (Abraham & Herman, 1998). Courses in psychology, sociology, and public speaking can prove useful in improving sales techniques (Abraham & Herman, 1998). The use of computers to provide instantaneous information on a wide variety of financial products has greatly improved agents’ and brokers’ efficiency and enabled them to devote more time to clients’ needs (Abraham & Herman, 1998).
IT plays a role in servicing a large number of clients and reduce processing cost. At the same time IT can help in churning out statistics and information necessary to analyse the performance of current and potential business. As such, Sun Life need to look into the aspect of insurance systems and IT infrastructure in Malaysia.