Students from eight schools participate in a
simulated agency experience, providing insight into a potential
insurance career
BRANCHVILLE, N.J., Feb. 1, 2023
/PRNewswire/ -- February is Insurance Careers Month. To help kick
off this annual celebration, Selective Insurance launched its
fourth annual College Competition, a program to support and foster
the talent and skill of insurance-minded college students.
With 77% of prior participants entering the insurance industry
in various professional capacities over the last three years, the
competition has demonstrated success in promoting careers in
insurance and nurturing the industry's talent pipeline. This year
eight teams from across the country will compete by operating
simulated insurance agencies, requiring the students to leverage
their education and experiences while leaning on independent
insurance agent mentors (Agency Mentors) to guide them and provide
insights into the insurance business.
"The future of the insurance industry lies in the hands of
students who bring a new enthusiasm to the work, and I'm always
struck by the passion, curiosity, and appetite for learning that
these young professionals bring to the competition each year," said
Robert Redden, Vice President,
Distribution Strategy and Insurance Learning Services, Selective
Insurance. "At Selective, we're delighted to offer students
mentorship and real-world, hands-on insight into the limitless
potential of a career in insurance."
Teams of students from the following schools will participate in
this year's competition: Appalachian State
University, Gallaudet
University, Illinois State
University, Indiana State
University, Le Moyne College,
Middle Tennessee State University,
Temple University, and the University of North Carolina – Charlotte. The teams will work with Agency
Mentors from Barnes-Bollinger Agency, ECM Solutions, Gibson, Granite Insurance, Hardenbergh
Insurance Group, The Horton Group, NBT Insurance Agency, and Palmer
& Wallace.
"This competition allows participants to see the wide variety of
career opportunities in insurance and how the industry works from
the inside," said Carrie Martinelli,
Vice President, Talent, Selective Insurance. "By working alongside
agents with deep expertise in the insurance space, students can
better understand insurance career options and use that
understanding to plan their unique paths."
About Selective's College Competition
Selective's College Competition assembles teams of students that
compete and obtain valuable insurance career-building experience
and networking opportunities mentored by industry experts from
Selective and independent insurance agencies. The competition takes
place in February, during Insurance Careers Month, which celebrates
and highlights the fulfilling and diverse careers available in
insurance. During the competition, each team operates a simulated
insurance agency. The students leverage their education and
experiences to make informed business decisions about building
market share, developing products and services, growing profit,
promoting their firm, and contending with competitors.
About Selective Insurance
Selective Insurance Group, Inc. (Nasdaq: SIGI) is a holding
company for 10 property and casualty insurance companies rated "A+"
(Superior) by AM Best. Through independent agents, the insurance
companies offer standard and specialty insurance for commercial and
personal risks and flood insurance through the National Flood
Insurance Program's Write Your Own Program. Selective has been
honored and awarded for its unique position as a leading insurance
group and employer of choice, including listing in the Fortune 1000
and three consecutive years as a certified Great Place to
Work®. For more information about Selective, visit
www.Selective.com.
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SOURCE Selective Insurance Group, Inc.