The insurance labor market remains strong as realignment persists. Although the industry saw a slight decrease in jobs from December to January, revised numbers* from the Bureau of Labor Statistics show 2022 average monthly employment for the insurance carriers and related activities sector was 2.9 million – 74,350 more positions than previously reported. This annual ... February 2023: Labor Market Pulse
Published in AM Best TV: What roles do soft skills and emotional intelligence play in helping insurance leaders navigate through this agile and virtual era? Judy Busby talks with AM Best about the importance of EI in connecting, collaborating and leading in today’s environment:
Published in Insurance Journal: The insurance industry continues to settle into new working environments, deal with the effects of the Great Resignation and prepare for a potential recession. While 2022 brought continued unpredictability, insurance organizations were provided an opportunity to embrace change and begin to define clear parameters around longer-term working expectations. Read this article ... Talent Considerations for a Successful 2023
This quarter’s Compass feature article explores ways to prioritize DEI companywide to achieve lasting change on your journey toward an equitable and inclusive workforce. The newsletter also includes an overview of the industry’s current labor market and recent executive-level job changes.
CHICAGO – The results of the Q1 2023 Insurance Labor Market Study will be shared in a complimentary webinar presentation at 1 p.m. CST on February 9, 2023. The semi-annual study was conducted in part by The Jacobson Group, the leading provider of talent to the insurance industry. The study ran from January 11 through ... Q1 2023 Insurance Labor Market Study Results to be Revealed During Webinar
High industry turnover and quiet quitting are further compounding existing talent challenges, making it more important than ever to keep employees engaged and fulfilled. However, while most leaders understand the importance of building employee loyalty – especially among top performers and high potential individuals – few have formal retention plans in place. Stay interviews are ... Stay Interviews: A Checklist
Despite a sense of economic uncertainty, the insurance labor market does not seem to be cooling in the new year. The industry ended 2022 with roughly 40,000 more jobs than the start of the year and 10 consecutive months of wage increases. Voluntary quits and job openings within finance and insurance had slight dips in ... January 2023: Labor Market Pulse
CHICAGO – The first-quarter 2023 iteration of the Semi-Annual U.S. Insurance Labor Market Study, conducted in part by The Jacobson Group, the leading provider of talent to the insurance industry, is now open through January 29, 2023. The study has provided valuable insights on insurance labor trends since its inception in 2009 and is regarded ... Q1 2023 Insurance Labor Market Study Now Open for Participation
Moving into 2023, insurers are continuing to navigate new shifts in employee behaviors, a persistent candidate’s market, decisions around long-term work environments and balancing organizational needs with employee expectations. Below are a few of the key trends we’re anticipating. To read more, download our complete 2023 Insurance Talent Trends Guide. Successful talent strategies are future ... Talent Trends on Our Radar in 2023
Job openings have reached record levels and voluntary quits remain high within the insurance industry. However, 38% of insurers do not have any succession plans in place, according to a recent study conducted by The Jacobson Group. In this episode of The Insurance Talent Podcast, Jacobson’s senior vice president of executive search and corporate strategy, ... Episode 9: Succession Planning: Future-Focused Strategies
The start of a new season is often a time for goal setting and reflection. In the post-pandemic reality, many individuals are focusing their goals on what brings them joy and fulfillment – both in their personal and professional lives. As you solidify your career aspirations, ensure you’re thinking strategically about how you’d like to ... Taking Charge of Your Professional Development
The holiday season can be a unique time for recruiting. However, while there are often challenges in terms of scheduling and time off, there’s also an opportunity to recruit top talent in a less competitive market. Whether you are looking to fill a position within the next few weeks or considering holding off on new ... Recruiter Report: The Pros and Cons of Holiday Recruiting