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Matthew Holden

Matthew Holden

The Farmers Fire Insurance Company

Assistant Vice President

Personal Information

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School: Penn State University

Major: Economics & Crime, Law & Justice

Years at College Works: 2005

Career Information

Company You Work For Now: The Farmers Fire Insurance Company

Title: Assistant Vice President

Industry: Insurance

Brief Description of Duties / Responsibilities

Oversee and manage all insurance losses through the company. Negotiate and resolve litigation. Manage all Personal Lines underwriting activities (homeowner and rental insurances), includes developing new rates, products and all associated state regulatory filings, marketing plans, underwriting rules and guidelines, etc.

What Has Been Your Proudest Accomplishment Post-CWP?

God has blessed me with a beautiful family and it is a joy to spend time with them every day.

CWP Career Impact

In one sentence, what has CWP meant to you?

CWP taught me how to be an entrepreneur - both the joys and the difficulties.

How did your CWP experience impact your career? Immediately after graduation? Now?

While I certainly work in an 'unrelated' industry, all business is 'related'. CWP taught me how to manage a business. These skills have helped me in my job and continue to be refined and honed as time goes on. Incredibly valuable skills like time management, employee management and relations, managing expectations, setting and meeting goals, targets and deadlines, and other invaluable skills.

What do you want to tell your clients about what it meant to work with them and how it has helped you get to where you are today?

My favorite client treated my painters very nicely. Each day Mrs. Wolfe would bring out a snack for the painters and several times made them lunch. I had to be a task master to get the job done. My painters didn't want to leave. They taught me the value of a good customer relationship, both for the customer and for the business/employees. It's a two-way street.

What was the greatest lesson you learned from your CWP experience?

Running a business is hard work!

How has the friendships and networks you built during CWP affected you?

My two painters are now my two best friends. I work full-time with one and married the other.

If you had to come up with an one line slogan for CWP, what would it be? :)

Nothing like I expected...

Advice

What advice do you have for potential CWP participants? Current CWP participants?

It's not easy. Being a successful entrepreneur is hard work. But, if you're willing to put in the effort, the payoff is more than worth it.

What's your best advice for someone interested in entering your career field?

Business is business. If you can run a successful painting business, you'll be able to succeed in any industry.

What's your favorite memory from CWP?

I found out one of my painters was color blind when the homeowner was trying to show him the spot he missed. He had no clue where the homeowner was telling him to paint and ended up repainting the entire peak. Think he could have mentioned that in the job interview?

Last words of wisdom

Your summer internship will only be what you make of it. If you put little in, you will get little out. If you put in a lot of hard work, well... you get the picture.

Matthew Holden