SNC Spotlight

Insurance can be complex. Turn to our blog for up-to-date, relevant content to help you make the best decisions for your financial institution. With expert knowledge from seasoned industry professionals, we simplify insurance topics so you can get back to business.
All Posts

Emotional Intelligence Is the Key

Director of Learning and Development David Holmes shares how combining social and emotional awareness with a client-first mentality is paramount in creating a culture of constant service at State National. Find out 3 components of this awareness you need to develop strong EI and ask yourself, “How will this idea improve the client experience?”

Emotional Intelligence Is the Key

State National Fuses Emotional Intelligence (EI) and Culture To Foster an Atmosphere of Continuous Improvement

What Is Emotional Intelligence?

What is Emotional Intelligence (EI)? Also sometimes called emotional quotient or EQ, emotional intelligence can be defined in several ways. Some would say it’s your ability to communicate well with others. According to Google’s English dictionary provided by Oxford Languages, it’s the capacity to be aware of, control, and express one’s emotions, and to handle interpersonal relationships judiciously and empathetically.

Social scientist and science journalist Daniel Goleman, a pioneer of EI research and author of books including the New York Times bestseller Emotional Intelligence and Social Intelligence: The New Science of Human Relationships, defines it as the ability to recognize, understand, and influence the emotions of others.

Emotional Intelligence Is Essential for Both Personal and Professional Success.

EI is a frequent leadership and personal development topic. In his book Working With Emotional Intelligence, Goleman presents a multitude of research spanning over twenty-five years showing that EI is much more closely correlated with long-term career success than traditional IQ-type intelligence is. In fact, EI is one of the best predictors of success. As Goleman describes it, it’s “a different way of being smart.”

Here at State National, it is a given that all of our employees are highly intellectually capable, because that’s part of our hiring process. So we are able to place a focus on teaching EI and infusing it into our culture, and it’s an important part of what makes us a highly effective organization.

How Does State National Look at Emotional Intelligence Differently?

In our Learning and Development Department, and throughout our company, we agree with EI experts’ position that emotional intelligence isn’t something fixed at birth, or that each person only has so much of. We know it’s something you can learn, and a skill you can continue to develop throughout your career and your lifetime.

Although presentations of this concept vary, EI is most commonly broken down into 4 main categories:

  • Self-awareness
  • Self-management
  • Social Awareness
  • Relationship Management

Each of these categories contains different competencies that make up overall EI. Today I’d like to talk about three of them that are especially fundamental to our culture at State National.

Empathy

This includes the ability to accurately pick up on the emotions of other people and understand why they feel the way they do. It involves skillful and attentive listening, the ability to see another’s point of view, and knowing how to express your ideas in ways other people will understand.

Organizational Awareness

On an individual level, this includes having the ability to notice and identify influencers, networks, power relationships, and other dynamics within your company, as well as knowing and understanding its goals, values, norms, relationships, and “unspoken rules.” At an organizational level, it reflects the degree to which the company itself operates congruently and with integrity — that its day-to-day operations as well as long-term strategies are in agreement with its stated mission and values.

Service Orientation

This is a critical part of creating a superior customer experience. It involves anticipating, recognizing, and meeting customers’ needs, and seeking ways to increase their loyalty and satisfaction. It’s being a trusted advisor who genuinely wants to see the client happy and successful. It also applies to how employees respond to each other as colleagues and teammates. A true service orientation can’t be faked — others can sense when assistance is being offered begrudgingly or in an uninterested way vs. proactively and gladly, with a true wish to solve problems and be of service.

“By teaching people to tune in to their emotions with intelligence and to expand their circles of caring, we can transform organizations from the inside out and make a positive difference in our world.”

Daniel Goleman, Ph.D.

These three essential components of EI are not only important for training and development purposes, they are the cornerstone of an emotionally intelligent culture. When these three components move beyond training and permeate your company’s everyday culture, the results are far-reaching.

At State National, we passionately believe in these principles, and we instill and encourage all of our employees to ask questions, to listen to and respect other views and perspectives, and to approach every aspect of their job with a service-first mindset. Opening with a more empathetic, aware, and service-oriented approach results in project teams working outside the box and developing the best solutions for our company, our products, and our clients.

How Does State National Infuse Emotional Intelligence Throughout the Whole Organization?

Organizational awareness is reached through ongoing open communication from the top down, from the bottom up, and laterally among peers. We encourage all employees to use their daily work to look for new and better ways to perform. Management has clear communication with employees, utilizing a two-way town hall approach that lets employees communicate and solicit questions at all levels of the company directly to our internal leaders. This communication ensures that everyone at State National understands the direction of the company and knows their voice matters.

Combining social awareness with a client-first mentality is paramount in creating a culture of constant service, which ultimately translates to higher levels of customer satisfaction. Because of our purposeful EI orientation, everyone at State National is always asking themselves, “How will this idea (or decision, or action improve the client experience?” It is one thing to read articles and books, listen to podcasts, watch TED Talks, and learn new emotional intelligence techniques — but it is truly an enlightening experience to be part of a company that has critical EI elements built deeply and solidly into its culture.

Want to explore working for a company that values emotional intelligence? Check out careers at State National today!

Additional Tools for EI Development

 
David Holmes
David Holmes
David Holmes joined State National in 2008 as Director of Learning and Development and spent more than a decade building a learning culture and expanding the sense of “customer first” throughout the company. In his current role as Director, Sales & Service Support, he continues to expand employee service and leadership training, now with a specialized focus on development of State National’s sales team and unique dedicated service team.

Related Posts

Your Partner in Protection: Compliance Without Compromise

Compliance You Can Trust, Transparency You Can See Balancing risk management and regulatory compliance while maintaining strong borrower relationships is no easy task. At State National, we understand the weight of this responsibility. Protecting your financial institution, your borrowers, and your reputation is at the core of our work. That’s why our mission is to deliver industry-leading portfolio protection solutions anchored by innovative technology, unmatched transparency, and steadfast reliability. How State National Ensures CPI Compliance At State National, compliance isn’t just a priority, it’s built into everything we do. We know lenders face mounting challenges, including economic uncertainty and heightened regulatory scrutiny. That’s why we’ve developed a comprehensive approach that goes far beyond checklists; it’s about operating with integrity and ensuring our programs exceed regulatory and operational expectations. Industry Expertise You Can Rely On Regulatory Expertise: Our skilled team actively monitors federal and state-level mandates to ensure your program remains compliant. Whether it’s evolving regulations or precise documentation requirements, we’ve got you covered. In-House Compliance Department: Our on-site team employs strict, measurable quality control processes. Proactive Adherence: This same dedicated team manages over 50,000 regulatory filings annually, helping you stay ahead of federal and state mandates, including guidance on NCUA, CFPB, and other key industry regulations. Comprehensive Audits: Our meticulous audits and legal reviews ensure your institution is prepared not just for current regulations but also for future challenges. Proven Reliability: State National achieved the prestigious 'A' (Excellent) rating from AM Best the very first year we were eligible, and we have held that rating for 30+ consecutive years — a testament to our exceptional financial strength and dependability. Future-Forward Research: We actively collaborate with industry organizations and regulatory bodies to anticipate and adapt to upcoming compliance changes, ensuring you and your organization are always ahead of the curve. Comprehensive Risk Management Our industry-best risk management services go above and beyond to protect your institution, ensuring compliance every step of the way. From data security to borrower communication, we incorporate rigorous measures, including bulletproof audit trails and prevention-focused processes, to safeguard against potential missteps. Accurate, prevention-first approach reduces unnecessary borrower touches. Focused portfolio protection expertise with decades of specialized experience. Complete audit trails for ongoing compliance visibility. Proper licensing for all State National claims adjusters to ensure claims are always handled in accordance with required regulations. Ongoing annual training for all relevant employees on the proper handling of PII, Fair Claims Handling, best practices for data security and controls — phishing, quishing, physical security both in and out of office, and more. Borrower submission of insurance information directly to us minimizes the risk of lost documentation. As the only dedicated portfolio protection provider that is also the underwriter, we don't act as a broker like other providers do — we are able to streamline communication and eliminate unnecessary handoffs and information sharing. Taking the Extra Step at Every Step Because every state department of insurance operates differently, we've also gone above and beyond to meet each state's unique regulatory standards. We create state-specific notices tailored to these requirements, and also carefully develop all of our borrower notice cycles to align with each state's precise notification guidelines. Advanced Technology Tools for Simplified Compliance Solutions Staying compliant in a rapidly changing financial environment requires advanced tools and forward-thinking innovation. That’s why State National integrates advanced technology into every facet of portfolio protection, designed to simplify compliance while improving efficiency and control. Our proactive approach ensures that the vast majority of insurance updates — about 79% — are handled completely behind the scenes, with no lender or borrower involvement. We employ extensive automation to maximize accuracy and efficiency, including our well-established EDI process, cutting-edge AI tools including insurance search and verification technology, Intelligent Document Processing (IDP), automated text and email notifications, and more. What Does Technology Have To Do With Compliance? Because of the unprecedented speed and accuracy of these automation efficiencies, our fast, effective, low-touch resolution reduces the risk of uninsured borrowers while enhancing operational precision. With 97.5% of borrower insurance issues completely resolved prior to any certificate placement, your institution avoids the compliance pitfalls that come with false placements. The InsurTrak Advantage In addition, our proprietary InsurTrak platform simplifies insurance tracking and reporting, giving you the tools needed for real-time program oversight, clear audit trails, and automated accuracy to prepare for any internal or external review. InsurTrak also automates payment changes, adds, and refunds, heightening speed and accuracy and avoiding the slowdowns and errors that come with manual processing. InsurTrak’s transparency is unmatched by any other insurance tracking platform — you can see real-time borrower data and a complete borrower history, see any communication including chat logs, and even listen to recorded borrower calls on-demand, right in the system. All of the information you need is at your fingertips — you are never in the dark. Proven Reliability Through Experience Over more than five decades, we’ve built a legacy of reliability, with a commitment to providing consistent excellence. From our implementation team that draws on years of expertise to make every transition seamless, to our highly responsive dedicated Client Executives and Account Reps who know your individual program inside and out, we do everything we can to ensure every partnership is successful. When you work with State National, you gain more than just a portfolio protection provider; you gain a partner whose focus is safeguarding your institution’s long-term success.

SNCares 2024 Recap

Community, Care, and Connection: SNCares Year in Review From grants to giving hands, here are some of the ways we made a difference in 2024 At State National, giving back isn’t just something we do — it’s part of who we are. That’s one of the reasons we created SNCares, a companywide committee dedicated to service and philanthropy. Over the past year, we’ve had the privilege of partnering with dedicated organizations and contributing to meaningful causes that uplift our communities. From grants and donations to hands-on volunteering, our dedicated team members embraced hundreds of opportunities to make an impact. The stories shared here are just a glimpse of the meaningful work we accomplished together, both as individuals and as a company, throughout the year. We hope you enjoy this snapshot of the many ways we came together in 2024 to make a difference and help create a brighter future for those around us!

Charting the Course for 2025: Bright Ideas and Bold Strategies from Our Client Advisory Council

Bright Ideas and Bold Strategies from Our Client Advisory Council At State National, collaboration isn’t just a buzzword — it’s the foundation of how we work with our credit union partners to drive growth and innovation. That’s one of the reasons we created our Client Advisory Council (CAC), a forum where some of our most valued partners can share information, collaborate with peers, and let us know their most important concerns so we can strategically develop solutions to benefit all credit unions.