The Jacobson Journal Blog

Insurance Talent Blog

Insights into the Insurance Talent Marketplace: Trends for 2019

The insurance industry stands amid a rapidly evolving talent market. Insurers are now face-to-face with the rise of innovation, emphasis on corporate culture, push for inclusivity and growing temporary workforce. Is your organization prepared? Here are top the nine insurance industry trends we expect to see in 2019: Insurers Revisit Recruiting and Hiring Practices Amidst ... Insights into the Insurance Talent Marketplace: Trends for 2019

Holistic Talent Strategies for the Future of Health Insurance

Written by Joanne Turner, Assistant Vice President, and Blake Grimm, Client Development Manager The future of healthcare is upon us and it’s offering a chance for payers to lead the industry through innovation and expansion. Global healthcare spending is projected to reach $8.7 trillion by 2020. Organizations are continuously finding smarter and more innovative ways to deliver ... Holistic Talent Strategies for the Future of Health Insurance

Follow, Like and Share Your Way to Next-Gen Talent

Written by Diana Shay Milazzo, Assistant Vice President   Picture this: young job seekers spent their mornings flipping through local newspapers, combing its pages for new listings and eagerly scanning the copy for responsibilities and requirements to which they were a match. When intrigued, they would package their resumes neatly with a cover letter and drop it ... Follow, Like and Share Your Way to Next-Gen Talent

Where Have All The Executives Gone?

It is no secret that the insurance industry is suffering a severe talent gap created by the aging workforce. In fact, it is projected that the industry will need to fill nearly 400,000 positions in the next couple of years, but there are simply not enough employees and candidates to take these roles. According to the ... Where Have All The Executives Gone?

Salary Strategies to Combat the Job-Hopping Craze

Today’s insurance industry is a passive candidate-driven market. As increasing retirement rates and the widening skills gap force organizations to continuously hire, workers feel empowered to switch jobs for a raise in pay. In fact, 2.7 percent of people in the private sector voluntarily left their jobs this May, the highest level since 2001, according to the Bureau ... Salary Strategies to Combat the Job-Hopping Craze

Diversity and Inclusion: Turning Talk into Action

The paradigm of diversity and inclusion (D&I) is evolving at this very moment. The world is not the same as it was 10 years ago. The “salad bowl” is quickly replacing the United States’ “melting pot.” Men stand as allies to tackle gender disparity and support equal representation in organizations, companies are publicly and boldly ... Diversity and Inclusion: Turning Talk into Action

Diagnosing and Treating the Care Management Talent Crisis

Healthcare professionals and their patients are retiring at an alarming rate. In fact, there will be more than one million openings for registered nurses by 2024 – twice the rate seen in previous shortages. Meanwhile, there will be a 55 percent increase in number of Americans aged 65 and older who seek additional care over the next two years. ... Diagnosing and Treating the Care Management Talent Crisis

Regulations in the Age of Cybersecurity

From Yahoo to Sony to Equifax, data breaches and cyber hacks are becoming more and more common. And they are not getting any cheaper. In fact, according to Ponemon’s Cost of Data Breach Survey, the cost of a hack is on the rise – 2017 set a record high with an average total cost of ... Regulations in the Age of Cybersecurity

Underwriting Automation: Why Expectations Might Not Match Reality

The underwriting automation engine has undoubtedly become a popular approach for many insurance organizations seeking to increase efficiencies and augment their workforces. While implementing this technology is likely vital to remain competitive, there is often a disconnect between the expectations and the reality of automation’s impact on underwriting operations. Automation is not a “magic bullet,” and ... Underwriting Automation: Why Expectations Might Not Match Reality

8 Creative Benefits Guaranteed to Attract Young Professionals

As Baby Boomers continue their transitions into retirement and the insurance industry becomes more dependent on Millennial and Gen Z employees, organizations need to take a good hard look at their benefits packages to make sure they jibe with the next generations. By now, most insurers have transitioned to perks like casual dress with a ... 8 Creative Benefits Guaranteed to Attract Young Professionals

Overcoming Today’s Candidate-Driven Market

No longer just an ominous warning for the future, the long-predicted war for talent is here. The insurance industry—in particular—has been hard hit by the emerging talent crunch and insurers are now faced with more openings than potential professionals. The result is a candidate’s market. With this in mind, organizations must rethink their current hiring ... Overcoming Today’s Candidate-Driven Market

Life Claims Goes High Tech

Technology continues to have a drastic impact on how the business world operates. Life insurers are no exception. Within the life sector, organizations are navigating their way through a number of emerging technologies. From the evolution of InsurTech to rapidly changing customer needs, life insurance firms need to adapt to today’s quickly-changing market. The claims ... Life Claims Goes High Tech

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