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
As the talent landscape continues to shift, professionals’ behaviors and attitudes are also evolving. We’ve polled our LinkedIn audience to provide insight on individuals’ current preferences and expectations around a number of topics. Consider this information as you build out your own talent strategies and aim to effectively recruit and retain talent in the changing ... Polling Results: Is Your Organization Aligned with Today’s Professionals?
Thanks to economic uncertainty, the continuing candidate’s market and shifting business priorities, actuarial leaders are facing a number of talent challenges and opportunities. From ‘quiet hiring’ to a renewed focus on attracting young talent, we are seeing a number of trends emerging this year. Download our guide to learn about the trends that will have ... 2023 Actuarial Talent Trends Guide
The insurance labor market continued its steady growth in February with unemployment falling almost a full point to 1.4% for insurance carriers and related activities. Revised numbers for January also show the industry hit record-high employment at 2,922,000 jobs. Amid employment growth, insurers continue to face a tight labor market. Twenty-five percent of companies report ... March 2023: Labor Market Pulse
As Women’s History Month kicks off, we want to take a moment to celebrate the women in our own organization. The Jacobson Group is 81% women, and women make up 76% of our leadership team! Below we highlight just a few of these amazing individuals, their roles and what they love about working at Jacobson. ... Jacobson Employee Spotlight – Q1 2023
Today, employment scams are more widespread than ever. Online scams and phishing attempts are becoming more sophisticated, which is why job seekers must be extra vigilant when responding to certain job postings. Read this article for tips on spotting potentially fraudulent opportunities.
Quoted in Carrier Management News: What is on the talent horizon for P&C carriers? Read this article to explore the latest Insurance Labor Market Study results.
The results of the first quarter iteration of the 2023 U.S. Insurance Labor Outlook Study are now available. The study, led by The Jacobson Group and Aon, plc, examines insurance industry labor and hiring trends. View highlighted stats in our infographic.
Mentioned in Think Advisor: Life and health insurers are less optimistic about hiring now than they were a year ago, but they are still hopeful to increase headcounts. Read this article to uncover the latest life and health Insurance Labor Market Study results.