Bryn Mawr, PA (PRWEB) December 15, 2009
Susan D. Waring, CLU®, ChFC®, recently became the first woman to ever be inducted into The American College's Alumni Hall of Fame. The Executive Vice President and Chief Administrative Officer - State Farm Life and Vice President - Health was nominated by her peers and selected based on her active participation in volunteer efforts for The College. Waring was inducted in a ceremony at The College's annual Knowledge Summit in Boston.
The Alumni Hall of Fame recognizes graduates of The College who have made extraordinary contributions in time, effort and energy to the nation's premier financial services educator. Individuals must be long-term volunteers of The College and active participants in The College's community and learning environment. Waring is only the fifth individual to be inducted into The American College Alumni Hall of Fame.
The selection of the Alumni Hall of Fame recipient is based on the recommendations of a review committee comprised of past Hall of Fame inductees and the President of The American College Alumni Association.
"Susan Waring's selfless dedication to The College and her service as a champion of women in financial services make her more than deserving of this honor," said Larry Barton, Ph.D., President and CEO of The American College. "Her work on The American College Foundation Board of Directors, leading committees and helping create the State Farm Chair in Women and Financial Services, demonstrates her commitment to professional education."
"I am a passionate supporter of lifelong learning," said Waring. "My entire career has been about moving forward and embracing new challenges in various positions at State Farm. None of that would be possible without a desire to confront challenges and always learn and grow."
Waring is a true example of climbing the corporate ladder.
Born and raised in upstate New York, Waring moved to Central Pennsylvania in 1967. She graduated from Gettysburg College in 1971 with a bachelor's degree in History. In 1975, she earned a Master's degree in Counseling Psychology from Shippensburg University.
Waring worked in academics for 15 years before becoming an insurance agent with State Farm Mutual Automobile Insurance Company in Mercersburg, PA in 1986. Over the next two decades, she steadily progressed in roles of increasing responsibility with the company, achieving her first promotion to Agency Manager in Hanover, PA, in 1990. Four years later, she moved to Concordville, PA to assume the position of Agency Director.
In 1996, Waring was named Executive Assistant - Agency in the President's Office and moved in 1997 to Ballston Spa, NY to become Vice President - Agency. Three years later, she advanced again to Vice President - Mutual Funds, moving back to the Home Office in Illinois. In 2001, Waring became Senior Vice President and Chief Administrative Officer at State Farm Life Insurance. She assumed her current position of Executive Vice President, Chief Administrative Officer - State Farm Life and Vice President - Health in 2004.
While making a name for herself at State Farm, Waring simultaneously earned the prestigious Chartered Life Underwriter® (CLU®) designation in 1997 and the highest standard of knowledge and trust, the Chartered Financial Consultant® (ChFC®) designation in 2004. Both designations are offered exclusively by The American College.
Waring has a significant history of support for The American College and strives to strengthen education for women in financial services. In 2004, she was instrumental in the creation of the first State Farm Women's Symposium on the institution's campus in Bryn Mawr, PA. In 2007, she led a panel to create and endow the State Farm Chair in Women and Financial Services, a post recognized for its production of top academic research and publication. The State Farm Chair is currently held by Mary Quist-Newins, ChFC®, CLU®, CFP®, Assistant Professor of Women's Studies at The American College. Waring also serves as Secretary for The College's Foundation Board of Directors.
Outside of The College, Waring is a past member of the Board of Directors for the Life Office Management Association (LOMA) and LL Global. She also serves on the Board of the Medical Information Bureau (MIB) and ACLI. In addition, she serves on the Board of Trustees at Illinois Wesleyan University. Waring has been married to her husband, Russ, for 36 years. They have raised two children.
About State Farm®: State Farm insures more cars and homes than any other insurer in the U.S., is the leading insurer of watercraft and is also a leading insurer in Canada. State Farm's 17,700 agents and 68,600 employees serve 81 million policies and accounts - more than 78.7 million auto, fire, life and health policies in the United States and Canada, and more than 1.9 million bank accounts. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 31 on the Fortune 500 list of largest companies. For more information, please visit statefarm.com® or in Canada statefarm.ca®.
The American College is dedicated to leadership in innovative training and development that helps financial services companies and their employees succeed. As a non-profit educational institution holding the highest level of academic accreditation, The College has served as a valued business partner to banks, brokerage firms, insurance companies and others for over 82 years. The American College's faculty represents some of the financial services industry's foremost thought leaders. For more information, visit http://www.TheAmericanCollege.edu
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