The leadership landscape of the insurance industry is poised to undergo monumental changes during the next 10 years. Currently, the fraction of professionals aged 55 and older within the insurance industry is nearly 30 percent higher than that same fraction measured within the economy as a whole. In addition, almost 25 percent of the current ... Generation X: Growing Tomorrow’s Insurance Leaders
The most important part of any organization is its employees. The effective engagement of employees can be the difference between business success and failure. However, as mentioned in a previous blog post, Gallup reports that 63% of U.S. employees are unhappy with their jobs, while 24% actively hate their position. Together, these number reflect a ... Personal Cheerleaders: Should Management Double as Employee Coaches?
The crunch is on! As analytics and big data shape the future of the insurance industry and the demand for high-quality talent continues to grow, insurance organizations are faced with the difficult task of finding experienced data and analytics professionals amid a challenging recruiting climate. Already, the U.S. is expected to see a shortfall of more ... Insurance 2.0: Finding Tech Talent for the Insurance Industry
The results are in! The results from our third quarter iteration of the U.S. Insurance Labor Outlook Study are now available. Compared to the January 2014 survey, the rate of expected hiring experienced a slight decrease, down to 58%; however, this remains the second highest reading since we started the semi-annual survey back in 2009. ... Preparing for the Future Amid the Insurance Talent Storm
As more and more insurers find the value in leveraging data analytics throughout their organizations, the demand for high-quality, experienced data and analytics professionals is on the rise. Alas, the insurance industry is not the only one looking to expand its analytics presence. With a shallow pool of qualified analytics talent, insurance organizations are facing ... Insurance 2.0: Attracting Tech Talent to the Insurance Industry
From analytics to big data, red-hot technology buzzwords are sweeping across the insurance industry and companies are beginning to realize the significant value of these trends. Progressive insurance organizations are embracing these groundbreaking applications of technology and changing the way the industry does business. For many insurance organizations, the use of analytics has become a ... Insurance 2.0: Pioneering Analytics in the Industry
It’s almost that time again. Open healthcare enrollment for 2015 is quickly approaching. With the recently announced postponement, open enrollment is now slated to run from November 15, 2014, through January 15, 2015. Despite the one-month delay, most insurers already fear that the 2015 enrollment period will prove to be rockier than the inaugural Patient ... PPACA Open Enrollment: Is Your Organization Prepared?
It is my pleasure to introduce a guest blogger for this latest post. Dave Coons is a senior vice president here at Jacobson, providing leadership to our professional recruiting, emerging talent, RPO and temporary and temp-to-hire staffing practices. His insights into interview strategies are worth a read. Enjoy… In today’s fast-paced, ever-changing business world, innovation ... Hiring for a Changing Market: Interview for Innovation
The insurance industry is way behind the times. There are no opportunities for me to advance my career. It’s a stale industry that fails to embrace change. We’ve heard it all before. The talent market image of the insurance industry is not a very positive one. Many individuals view insurance as an out-of-date, antiquated labor ... Rebranding Insurance: Changing the Outdated View of the Industry
The first half of 2014 is looking strong for the insurance industry talent market. Employment is on the rise and the current unemployment rate has reverted to levels the industry has not seen since before the Great Recession. While continued economic recovery (albeit slow) has driven gains in throughout the insurance industries, the health insurance ... The PPACA’s Lingering Effects: Insurance Employment Growth
You dedicated time to create a welcoming and enticing work environment. You have positioned your company as innovative and cutting-edge with social media and new technologies. You have embraced a fresh company culture that is appealing to young talent. You have worked hard to attract the younger generation into your organization. Now what? With 60 ... Retaining Emerging Talent: Top Strategies to Keep Millennials Engaged
The insurance industry is aging. According to the Bureau of Labor Statistics, nearly 50 percent of the industry workforce is older than 45 and only 26.67 percent of employees are under the age of 35. In order to prepare for the future and successfully build a bench of bright, young talent, insurers must focus on ... Recruiting Millennials: How to Bring Young Talent to Your Organization