Mike Abate is a Managing Director for the executive search practice of The Jacobson Group, where he leverages nearly 30 years of insurance experience to manage C-level, Vice President and other executive-level search engagements for clients from all sectors of the industry. Mike’s impressive insurance background stems from his longstanding tenure at MetLife. Mike served ... Mike Abate
With older workers delaying retirement and younger talent quickly becoming a substantial portion of the labor pool, how can you engage multi-generational teams and set them up for successful working relationships? In our recent issue of Compass, Judy Busby, senior vice president of executive search and corporate strategy, and Rachel McColister, client advisor, offer insights ... Five Tips for Success in Today’s Multigenerational Workplace
Unemployment continues to drop within the insurance industry, hitting 1.7% in March. At the same time, job openings are rising within the larger finance and insurance sector, with an average of 428,000 openings in January and February*. This is tracking above 2022’s record annual high of 393,000. Voluntary quits are also slightly increasing, hitting their ... April 2024: Labor Market Pulse
Amid a shallowing pool of emerging talent and a workforce nearing retirement age, finding qualified individuals to fill open accounting and finance roles has been an intensifying challenge for insurers. Roughly 340,000 accountants and auditors in the United States have left their jobs in the past five years, which equates to a decline of 17%. ... Combatting the Finance and Accounting Talent Shortage
The current hiring environment requires swift action to secure top talent. Companies are streamlining their recruiting processes and expediting offers to ensure they don’t miss out on the right candidates. This accelerated timeline places added pressure on hiring managers and recruiters to conduct thorough interviews that accurately gauge a candidate’s fit in just a few ... Recruiter Report: Asking the Right Interview Questions
The insurance industry is approaching 2024 hiring plans with a sense of cautious optimism. The labor market is stable with steady, low unemployment and there has been a noticeable decrease in voluntary turnover. Our recent Q1 2024 Insurance Labor Market Study, conducted in partnership with Aon plc., found a majority of carriers intend to increase ... Q1 2024 Insurance Labor Market Study Results: Industry Embraces Cautious Optimism
Each quarter we take time to acknowledge the incredible team members at Jacobson who drive our company’s ongoing success. Their dedication to helping our clients achieve their talent goals is truly commendable. Below, we shine a spotlight on a few of our talented Jacobson team members and the roles they play. JESSICA KOSTUK Sourcer, 5 ... Jacobson Employee Spotlight – Q1 2024
We’re closing out the first quarter of 2024 on a positive note. Unemployment for the insurance carriers and related activities sector slightly dropped to 2% and industry employment continues to grow – reaching a new record high in February. Job openings for the larger finance and insurance industry are the highest they’ve been since September ... March 2024: Labor Market Pulse
In today’s competitive job market, it’s crucial to set yourself apart from other candidates in terms of qualifications and skills, as well as professionalism and follow through. One often overlooked – but powerful – gesture is sending a thoughtful thank-you note after an interview. Not only does this increase your likelihood of being remembered, it ... Thank-You Notes: A Powerful Tool for Job Seekers
ThinkAdvisor explores insights uncovered in our Q1 2024 Insurance Labor Market Study. The article highlights increased optimism regarding hiring among U.S. life and health insurers, discussing roles currently in high demand.
The results of the first quarter iteration of the 2024 U.S. Insurance Labor Outlook Study are now available. The study, led by The Jacobson Group and Aon’s STG Performance Benchmarking, examines insurance industry labor and hiring trends. View highlighted stats in our infographic.
As workforce dynamics evolve, professionals’ priorities and expectations have also undergone shifts. Throughout the past few months, we’ve polled our LinkedIn audience on a number of talent topics, including their sentiments around exploring new roles, work flexibility and more. Consider the below information as you build out your own recruiting strategies in today’s landscape. With ... Polling Results: How Are Professionals’ Job Expectations Evolving?