Open Letter To College Graduates From OII President


June 4, 2018

Dear College Graduate:

Congratulations on your graduation! As you embark on your professional career I offer you this simple advice that has been proven to lead to success in almost any organization. Work hard, have a positive attitude, and readily accept assistance.

As you consider your employment options we hope that you might consider the insurance industry in Ohio. Globally, insurance jobs are abundant and include a wide variety of areas of specialization.

In Ohio alone, the insurance industry has identified the need to fill 29,000 jobs by 2024, and the overwhelming majority of these jobs do not involve direct sales. From underwriting and analysis, to marketing and communications, to technology and design, and more, the industry offers a wide variety of disciplines, and many Ohio insurance companies are looking for talent like yours.

Did you know that the average salary for an Ohioan working in insurance in 2015 was $71,806? That’s 54 percent higher than Ohio’s average private sector annual salary.

You have the opportunity to make a difference in your career and more importantly your community. Insurance is a purpose driven industry that makes a positive impact on individuals, businesses, and communities around the world. Almost every type of commerce throughout the world has some element of insurance attached to its production, sales, and distribution.

This is an exciting time to be joining the insurance industry which continues to evolve with new technology and innovations.

State Auto Insurance Companies, headquartered in Columbus, OH, recently launched a $25 million innovation fund meant to anticipate the changing needs of insurance customers and tap into new ideas and companies.

Progressive Insurance, headquartered in Cleveland, OH, announced it is hiring 7,500 employees this year, with about 1,300 of them in Northeast Ohio.

Need a job now, but also thinking of continuing your education? Nationwide, headquartered in Columbus, OH, offers employees resources to help them effectively manage their career through continuing education and leadership development opportunities. This includes training and career planning support, tuition coverage, and more.

Most insurance companies offer some type of continuing education benefits.

Thus, as you leave your college career behind and embark upon your professional career we hope you will utilize some of these resources which identify the many opportunities within the Ohio insurance industry.

Thank you for considering the insurance industry and wherever you decide to launch you professional career we wish you the very best.

Sincerely,

Dean Fadel
President
Ohio Insurance Institute

 

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