Industry unemployment remains low, and while May saw a decrease in employment compared to April, insurance has gained more than 17,000 new jobs since the start of 2022. Movement persists with both quits and job openings remaining high. As comfort levels increase, in-person conferences and networking events are picking up pace across all industry sectors, ... June 2022: Labor Market Pulse
Insurance unemployment remains low, job openings are at an all-time high, and organizations have record-breaking hiring goals. Even if you’re not actively job searching, it’s likely recruiters are reaching out to share potential opportunities with increasing frequency. While we’re currently in a candidate’s market, how you handle these interactions – regardless of your intent to ... Remaining Professional in a Candidate’s Market
The talent landscape continues to shift and present new challenges for insurance leaders. From the abrupt adoption of remote work and a focus on contingency planning at the start of the pandemic to the current “Great Reshuffle” (and potentially “the Great Regret”), ongoing evolution and real-time learning have been key themes throughout the past two-plus ... Insight on Today’s Pressing Talent Questions
Learn which upcoming trends will drive the underwriting industry forward this year. Insurers are continuing to experience the most competitive labor market in recent history. From intensifying recruiting difficulty to shifting candidate expectations, the underwriting function must adapt to a changing industry.
The health insurance industry is facing a number of unknowns while continuing to evolve in the pandemic’s wake. Our team has frequent conversations with health insurance leaders across the country, keeping a pulse on how they are preparing for the unexpected, while accommodating the needs of both their employees and members. Below are a few ... Health Highlights: Q2 2022
April saw strong job growth in the insurance labor market with the addition of nearly 20,000 jobs, according to the Bureau of Labor Statistics. Unsurprisingly, the unemployment rate for insurance carriers and related activities continued its steady decline since February, dropping to just 1.4% in April. Unemployment held steady at 3.6% for the overall U.S. ... May 2022: Labor Market Pulse
As insurance organizations continue to evolve in this ever-changing business climate, so does the role of its board of directors. Often selected with a strategic purpose in mind, each board member plays a distinct, essential role in effective governance.
CHICAGO – The Jacobson Group, the leading provider of insurance talent, was once again named to Forbes’ annual lists of America’s Best Executive Recruiting Firms and Best Professional Recruiting Firms. Jacobson was one of just 51 companies (17%) to rank in both lists. “Especially in today’s incredibly challenging recruiting climate, it’s a privilege to help ... Forbes Names Jacobson One of America’s Best Executive Search and Professional Recruiting Firms
This quarter’s Compass feature article explores comprehensive strategies for effectively retaining engaged and loyal teams in today’s challenging environment. The newsletter also includes an overview of the industry’s current labor market and recent executive-level job changes.
As insurance organizations continue to evolve in this ever-changing business climate, so does the role of its board of directors. Often selected with a strategic purpose in mind, each board member plays a distinct, essential role in effective governance. This issue’s feature article highlights several behaviors that help set the best directors apart.
For years, the insurance industry has explored how to best recruit and engage young professionals. Millennials have long been the focus of these conversations; yet, the oldest Millennials are now in their early 40s and stepping into more senior- and executive-level roles. Generation Z is the newest generation to enter the workforce and brings its ... Attracting and Retaining Gen Z in Today’s Labor Market
The insurance labor market remains incredibly tight, with a slight drop in unemployment and the loss of 1,400 jobs in March. Unemployment also fell for the overall U.S. economy, which has seen a 14-month streak of steady job growth. Job openings within the larger finance and insurance sector remain relatively high; yet, the industry continues ... April 2022: Labor Market Pulse