Amid ongoing economic uncertainty, a continuing candidate’s market and shifting priorities, today’s underwriting leaders are facing new talent challenges and opportunities. From the growing importance of virtual management skills, to a renewed focus on development and growth opportunities, we are seeing multiple trends unfold in 2023. Download our guide to learn about the underwriting trends ... 2023 Mid-Year Underwriting Talent Trends Guide
A job posting is often a potential candidate’s first exposure to a role. In today’s environment, insurance job openings are abundant, making it essential to cut through the noise and resonate with the right individuals. If you’re included within the 67% of insurers planning to hire this year, the below checklist can serve as a ... Job Postings: A Checklist
As insurers aim to stay competitive in the challenging and volatile labor market, strategic succession planning and clear employee development opportunities are essential. Recently, The Jacobson Group conducted a study to better gauge the industry’s succession planning readiness. Below we highlight a few of the study’s key findings. View the full study results: https://jcbsn.gr/2022-succession-planning-study
CHICAGO – The Jacobson Group, the leading provider of talent to the insurance industry, was once again named to Forbes’ annual list of America’s Best Professional Recruiting Firms. “Finding the right talent in today’s market remains challenging,” said Gregory P. Jacobson, co-chief executive officer of The Jacobson Group. “Our dedicated team works tirelessly to provide ... Forbes Names Jacobson One of America’s Best Professional Recruiting Firms
The U.S. labor market remains resilient – despite some economists’ predictions – as we enter May. The insurance carriers and related activities unemployment rate saw just a slight increase to 1.6%; and unemployment for the overall U.S. economy dropped to 3.4%, which along with January 2023, marks a 54-year low. Numbers from the Bureau of ... May 2023: Labor Market Pulse
This quarter’s Compass feature article shares best practices on creating a culture that promotes effective collaboration in today’s virtual environment. The newsletter also includes an overview of the industry’s current labor market and recent executive-level job changes.
As we move through 2023, insurers continue to face the challenges of a tight labor market. The industry’s unemployment rate remains low and job openings are high, according to the Bureau of Labor Statistics. However, 67% of insurers plan to increase their headcounts this year, according to our recent Q1 2023 Insurance Labor Market Study, ... Q1 Insurance Labor Study Results: Continued Growth in 2023
Quoted in Health Payer Specialist: What is the insurance industry’s talent outlook for 2023? Read this article for labor market insights.
Entering the second quarter of 2023, the insurance labor market remains relatively constant. The industry unemployment rate is low at 1.5%, and insurance employment is steady, boasting nearly 32,000 more jobs than one year ago. Finance and insurance job openings dipped slightly in February*, to 350,000; however, while this number is lower than last year’s ... April 2023: Labor Market Pulse
Last year, we were in the midst of one of the most competitive labor markets the insurance industry has ever seen. Candidates gained a substantial upper hand in the hiring process, leveraging a red-hot recruiting climate and competing offers to raise their expectations around compensation, benefits and flexibility. Now, as we move through 2023 with ... Recruiter Report: Are We Still in a Candidate’s Market?
As the insurance industry settles into longer term hybrid and fully remote environments, leaders are experiencing a learning curve. By building and strengthening relationships, embracing communication and feedback, and encouraging interaction throughout the workday, creating a culture that embraces collaboration is possible.
Despite ongoing uncertainty throughout the U.S. economy, insurance remains in a candidate’s market as 2023 unfolds. The industry hit record-high employment in January, job openings continue to be elevated after reaching a peak in 2022 and insurance unemployment is just 1.4%. According to our recent Q1 2023 Insurance Labor Market Study, conducted in partnership with ... Q1 2023 Insurance Labor Market Study Results: The Candidate’s Market Persists