Case Study : Thai Life Assurance Company, As A Marketing Analyst

I am applying for the Insurance Studies Scholarship as a demonstration of my commitment to the Risk Management and Insurance profession. Upon entering college I knew I wanted to study business because I have a logical thought process. My career focus was further fine-tuned last semester when I took Business Statistics, SCMA 301 with Professor Custer. I found the class enjoyable, in addition to being fascinated by calculating probability. Furthermore, it sparked my interest in studying Risk Management and Insurance.

Martinrea International Inc. (TSX:MRE) is a Canadian manufacturing company servicing customers around the world, primarily in the automotive sector. Founded in 2001, Martinrea has grown rapidly through both acquisition and organic growth, and currently employs over 14,000 people in 44 plants across North America, South America, Europe and Asia. The Vaughan, Ontario-based company has four sectors in its corporate structure, which include aluminum, fluids, metallics and modules. Martinrea’s four core sectors service mainly the automotive industry, however, the company has also begun to seek a broader cross-section of clientele, investing in lower volume assembly line parts such as buses, recreational vehicles, air conditioning, military and farm appliances.

business of insurance. But the lack of uniformity, loop holes, blind spots and deficiencies within

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

Fannect LLC is a company that develops, runs, and maintains an app known as Fannect. Fannect is an app designed to not only determine the fan base of a sports teams but also rank individual fans. It is, therefore, a unique platform that enables fans to partake in competitive sport events that are powered by social network that aim at measuring the fans enthusiasm, ardor and comprehension about the team. The company aims at creating such kind of a platform and endeavors to reward fans for their loyalty to their favorite teams (Fannect, 2012). Given the nature of the industry, sports, that the platforms targets and the current trends emerging in teams fan base constitutes its critical strengths. In particular, features of the app like gameface, score guessing and photo competition for best game day picture gives the app a competitive edge in the social network market (Fannect, 2012; Richter & Nadine, 2007). In terms of opportunities, Fannect have multiple sporting clubs and teams from various sporting activities to pocket as clients. However, the current pace of technological development will give room for proliferation of related apps that will pose threats to Fannect. In addition, some features of the app makes it vulnerable to stiff competition from other social networks(Richter & Nadine, 2007). In addition to the SWOT profile outlined, Fannect LLC is greatly vulnerable to macro-environment forces. The changes in social-cultural

Ask just about anyone on the street what company boast a large red bulls-eye on its stores, and surely it would be difficult to find anyone who doesn’t immediately respond, “Target.” Target Corporation’s roots stem all the way back to 1902, and in the years since, the corporation has grown into a common household name. With 1,790 (2014) stores nationwide, Target is currently ranked as 4th largest retailer in the United States (Press). The corporation has achieved this status through hard work, brilliant ideas, and dedicated leadership. However this is just the brief on their success.

Using the product/market expansion grid shown in Figure 2, apply the growth opportunities available to managers in Starbucks Turkey.

There are ten things stats is very important for such as: weather forecasts, emergency preparedness, predicting diseases, medical studies, genetics, political campaigns, insurance, consumer goods, quality testing, and the stock market. Weather forecasts use stats to predict the weather using prior conditions, the weather forecasts tells us how to prepare for the day and what to expect throughout the day. Emergency teams use the weather forecasts to tell them to be ready or not to help people they use statistics to tell them when danger may occur. When predicting disease the lady or man telling you about the deaths or the disease is spreading it may not

Actuaries are an important part of the insurance industry; in fact, about 69 percent of actuaries work for an insurance carrier (Actuaries, 2014-2015). While they usually begin within a team of other actuaries, actuaries in insurance aren’t always accounted for in their traditional actuarial role; actuaries can assist in accounting, marketing, managing, and other divisions of insurance (Korger, 2015). There are several types of insurance companies, but actuaries in CUNA perform “activities pertaining to underwriting accident and health insurance” (CUNA Mutual Insurance, 2015). Be it in accident or health, all actuaries follow a similar process in their work. “[Actuaries] analyze the financial costs of risk and uncertainty [...using] mathematics,

Casper Sleep Incorporated as of June 2015 had sales that had hit an annual run rate of $100 million dollars. This was only 0.7% of the $14 billion in annual retail sales in the U.S. mattress market. In their quest to becoming the “Nike of Sleep”, the Casper team has the dilemma to choose a few options in order to strengthen their communication strategy to consumers. The first option is to retain current media vehicle us and expand growth in new geographic big cities. The second option is to begin nationally televised advertising in order to show their emotional benefits of the brand. The final option is to do television the Casper way and advocate a new quirky approach to

Statistician is a job you need to work with numbers and different patterns. This job requires 4 years of Education and you will receive $40- 110k a year. This job needs at least knowledge of advanced mathematics and problem solving.This job deals with science, math,and other things that deal with the world. It uses real world

The organization selected for analysis and this assignment is American Share Insurance (“ASI”). This organization was chosen because of my familiarity with it, as it is where I currently work. ASI hired me right after I graduated college and I have now been there two years. In that time I have gained knowledge as to how the company works and how the Human Resources (“HR”) Department conducts itself.

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).

Marketing is selling the product goods and service by knowing the needs and wants of the customer and consumer (Kotler P, 2009). Marketing Management expertise has capable of knowing the change of an organisation to manage both the internal and external challenges of environment (Cant M C, et al, 2009). A company needs to classify the customer needs and identifies the demand of the supplying

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.