Jeff Stempora

Jeff Stempora


University of Phoenix - 2005
  • Doctor of Management in Organizational Leadership
  • Area of Expertise: Organizational Development and Transformational Leadership / Level 5 Leadership & Servant Leadership
IL State University School of Business - 1995
  • Masters in Business Administration
  • Area of Expertise: Finance, Business Administration in Finance
Devry University - 1984
  • Bachelor of Science, Electronic Engineering Technology
  • Area of Expertise: Computer design
United States Air Force Academy - 1981
  • Area of Expertise: Leadership, Physics, and Aeronautical Engineering


IL State University School of Business - 2011 School of Business Hall of Fame Member National Merit Scholar - 1981 Congressional Award for Academic Achievement - 1981


Looking for a long-term relationship with a progressive company that is committed to success, its people, customers, and stakeholders and the pursuit of 'good to great' strategies.

Strategy, Operations and Technology Executive

Innovative, achievement-oriented senior executive with consistent track record of success in directing management, organizational development, and operations with startup, turnaround, and growth organizations. Expert skills in directing substantial growth, streamlining business / technical operations, and increasing revenue generation, product development, and bottom line profitability. Transformation leader with proven success in tactical and strategic planning, business analysis, policy development, risk management, process improvement, performance measurement, and project management. Possesses solid foundation in leadership development, cost reductions, P&L management, ROI maximization, and new business development. Areas of Expertise include: Leadership & Team Building ▪ CEO Assignments ▪ Strategy Development ▪ Revitalization & Turnaround Situations ▪ Lean Manufacturing ▪ New Product Development ▪ Organizational Structure & Development ▪ Change Management ▪ M&A ▪ Continuous Process Improvement and Process Reengineering ▪ Six Sigma Methodologies ▪ Advanced Business Analytics and Intelligence ▪ Usage Based Insurance Product Development ▪ Insurance Operations ▪ Insurance Telematics

Work History

Work History
Sep 2004 - Present

Founder and CEO

The Stempora Group, LLC

Executive consulting services for the insurance and financial services industries focused on the success of clients through the use of executive coaching, organizational development, strategy development, and business process reengineering. Act as interim executives for companies and provide strategic consulting and direction leading to measureable results, growth, and sustainable competitive advantage.

Experienced and innovative consulting and insurance product development group providing strategic and tactical consulting to US and global insurance companies. The Stempora Group specializes in the development of insurance telematics (usage based insurance) products and services, UBI business case justification, scoring and rating model development and transformation and optimization of insurance business processes to achieve profitability when implementing insurance telematics products.The Stempora Group brings some of the best and brightest minds in the insurance industry with backgrounds that are unparalleled in proven experience in the development of profitable usage based insurance products at top 20 insurance companies. Senior management team members all have 20 plus years’ experience in the insurance industry and direct experience in the development and implementation of UBI products at some of the largest US carriers in the industry.

Aug 2010 - Sep 2011


The Evogi Group

Provided vision and strategy that transformed an unknown telematics device and infrastructure services provider into a recognized premier provider of vehicle insurance telematics capabilities and associated information based services for the property and casualty auto market. Built one of the most enviable management teams and business process capabilities in the telematics industry. Successfully developed company's first insurance telematics contracts with top 10 insurers and built development capabilties for usage based insurance. Through personal relations in the industry, established strategic partnerships that resulted in the most complete insurance telematics implementation solution for the insurance industry.

Aug 2006 - Mar 2009

SVP, Exec Director, Division Officer

Erie Insurance Group

Serve as SVP, Executive Director of Erie Insurance Company &Family Life, Executive Council member, Strategy Management Office member, and Chief Information OfficerResponsible for setting strategic business direction for the enterprise as well as for information technology, development of annual budget and enterprise initiatives as aligned to enterprise strategy, serve as strategy execution officer (SEO) and ensure that enterprise goals/targets are achieved.

  • achieved company turnaround by resolving major concerns of Board, agents, and stakeholders regarding execution capability and competitiveness.
  • reduced annual run rate by 15% while upgrading capabilities of enterprise infrastructure
  • achieved 50/50 run to transform ratio in operations
  • increased productivity by 60% and greatly improved morale
Apr 2005 - Aug 2006

EVP, CAO, Global Head of Strategy and Strategic Initiatives


CAO, Chief Strategy Officer / Global Head of Strategy & Strategic InitiativesChief Administrative Officer, and Chief Strategy Officer for global operations and technology. Establish global operations and infrastructure strategy, budget, and associated initiatives for Citigroup global operations ($4.6B budget) in order to optimize asset utilization, lower total cost of ownership, maximize operational leverage, reduce risk, establish governance and compliance, and provide global sponsorship for strategic initiatives.

  • resolved troubled Japanese Bank acquisition paving the way for continuation of acquisition by Citigroup after regulatory restraint
  • reduced annual run rate expenses by $250MM
  • Implemented a global lean six-sigma operational excellence plan that resulted in a 10% reduction in incidents in the first month.
  • Upgraded global architecture and application base to reduce expenses, footprint, and complexity
Nov 1997 - Sep 2004

Strategy Officer, OP Risk Officer

State Farm Mutual Insurance Companies

Responsible for business and technology strategy and execution, annual operational budget and alignment of initiatives with business objectives, and operational risk. Board member State Farm Insurace Placement Services, member of enterprise compliance committee, and Enterpise Technology Council.

  • Created and implemented State Farm Bank, an internet based bank
  • Created and implemented one of the largest, most advanced analytical data warehouses in the world allowing State Farm to regain its market position against competitors and to stop $5B in annual losses trend
  • Reengineered business processes to streamline operations and reduce expenses
  • Established partnership with University of IL and created innovation center for development of business and technology solutions
  • Provided guidance/consulting to the Internal Revenue Service on how to build massively scalable applications and databases and to the Department of Homeland Security on how to build its Carnivore system
Feb 1998 - Sep 2004

Chairman of Executive Committee

The Financial Services Roundtable

Chairman of Executive Risk and Security Committee for BITS, Financial Services Roundtable

  • Influenced, guided and formed financial services regulation by working with Capital Hill and regulatory bodies. Testified before Congress on behalf of the Financial Servcies Industry
  • Provided leadership to rebuild the financial services markets during and after 9/11
  • Served on special presidential task force to stabilize financial markets and protect them from future harm
  • Worked with Fortune 100 in financial services to develop and approve common policy and practice around operations, risk, fraud, technology, regulation and compliance reducing exposure to financial firms and their customers
Mar 1996 - Nov 1997

CTO & AVP Service Delivery

CNA Financial

Responsible for M&A activity, business line start-up, 10 year $10 billion outsourcing deal, major technology architecture overhauls, and implementation and support of infrastructure

  • Completed acquisition and integration of Continental Insurance Company ($4B) and 4 other smaller companies ($150MM range)
  • Created startup company for the development of Life Insurance applications on the Web
  • Completed $10B , 10 year outsourcing deal with CSC
Oct 1984 - Mar 1996

Executive Account Manager


P&L responsibility for the development of new hardware and software products and support services for the largest of Hewlett-Packard accounts

  • Created sales and support model used by HP for all of its largest accounts
  • Created a custom set of products and applications to win the business of one of HP's largest accounts and roled it out to the customer's 1000 sites acroos the US & Canada
  • Developed HP Precision Architecture Risk - an advanced technology architecture used in HP's computers and later adopted by Intel for use in its microprocessors
  • Created over 50 software and hardware products including predecessor to HP Openview leading to $billions in sales