| Company Name: |
State Farm Insurance Companies |
| Headquarters: |
Bloomington IL |
| Industry: |
Insurance |
| Sector: |
Financial |
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About Us
In a little over 80 years, State Farm has grown from a small, farming-community-based mutual auto insurer to one of the world's largest financial institutions. Despite this tremendous growth, our founder's original philosophy of insurance coverage at a fair price, coupled with fair claim settlement has remained the cornerstone of our success.
It began in 1921, when a successful Illinois area farmer named George J. Mecherle (pronounced Ma-herl), was forced to change careers due to his wife's health concerns. The couple moved to the city of Bloomington, and Mecherle took a job as an insurance salesman.
He liked the work, and quickly became successful, but he did not agree with the fact that farmers were charged the same auto insurance rates as non-farmers even though they were consistently less accident-prone.
When he suggested a better way to sell insurance, his employer laughed and said, "If you think you've got such a good idea, why don't you start your own company?" So he did.
In 1922 Mecherle opened his own firm, State Farm Insurance, as a mutual automobile insurance company owned by its policyholders. This revolutionized the insurance business by introducing low-risk rates, safe-driver discounts, and semi-annual payment plans.
Today State Farm Insurance Companies® is one of the 25 largest corporations on the Fortune 500. State Farm's 17,000 agents and 68,000 employees serve over 74 million auto, fire, life, and health policies in the United States and Canada, and more than 1.8 million bank accounts.
The highly principled mission, vision and values of State Farm today are still those of George J. Mecherle.
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Our Mission & Vision
State Farm's mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams.
We are people who make it our business to be like a good neighbor; who built a premier company by selling and keeping promises through our marketing partnership; who bring diverse talents and experiences to our work of serving the State Farm customer.
Our success is built on a foundation of shared values -- quality service and relationships, mutual trust, integrity and financial strength.
Our vision for the future is to be the customer's first and best choice in the products and services we provide.
We will continue to be the leader in the insurance industry and we will become a leader in the financial services arena. Our customers' needs will determine our path. Our values will guide us.
Diversity at State Farm
State Farm values all people and their different perspectives, skills, experiences and opinions.
"At State Farm®, diversity isn't a program. It's a state of mind. The variety of experiences and points of view contained in our large and diverse group of associates strengthens the organization. It helps us to understand the marketplace and how we can do an ever-better job of serving our customers. It helps ensure our future."
- Ed Rust, Jr., Chairman & CEO, State Farm Insurance Companies
"As leaders, our obligation is to create an inclusive environment where all employees are engaged and feel valued. In addition, we must continue to attract and retain a diverse workforce. Ultimately, all of us as employees are responsible for leveraging the many talents in the organization to help State Farm achieve its business objectives. Collectively we can accomplish great things!"
- Laura Haas, Assistant Vice President - Diversity / Human Resources
At State Farm, we are people who make it our business to be like a good neighbor; who built a premier company by selling and keeping promises through our marketing partnership; who bring diverse talents and experiences to our work of serving the State Farm customer.
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Benefits
Benefits include but not limited to:
- Savings & Thrift (401K)
- Retirement Plan
- Credit Union
- Paid Vacation
- Personal Time
- Education Support
- Military Leave
- Health Coverage
- Dental Coverage
- Life Coverage
- Alternative Work Arrangements - such as staggered working hours, compressed work weeks
Dress Philosophy
The Dress Philosophy at State Farm permits relaxed, casual attire. Each zone and corporate department determines to what extent casual wear, including jeans, is appropriate. This encourages a friendly and comfortable atmosphere while still providing a professional, energized work environment. |
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