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Results of the Q3 2021 Labor Outlook Study: Insurance Remains in a Candidate’s Market

For the past 18 months, job seekers have experienced a shifting labor market and many uncertainties. Now, as professionals feel a greater sense of stability, many are reevaluating their current roles and priorities, and seeking out employers who can best meet their needs. Although insurance industry unemployment rose to 4.2% in July, we’re seeing an ... Results of the Q3 2021 Labor Outlook Study: Insurance Remains in a Candidate’s Market

Results of the Q3 2021 Insurance Labor Outlook Study: Employment Growth Amid a Difficult Recruiting Market

As we move through the second half of 2021, insurers’ employment outlooks remain strong. Our recent Q3 2021 Insurance Labor Outlook Study, conducted in partnership with Aon plc, found 93% of insurers plan to increase or maintain their headcounts in the next 12 months. Now in its 25th iteration, the semi-annual study collects and examines ... Results of the Q3 2021 Insurance Labor Outlook Study: Employment Growth Amid a Difficult Recruiting Market

August 2021: Labor Market Pulse

The overall economy saw an optimistic employment report in July, gaining nearly 950,000 jobs and exceeding economists’ predictions. The national unemployment rate is also encouraging, reaching its lowest since the start of the pandemic. However, the BLS reported continued job losses and a rising unemployment rate for the insurance carriers and related activities sector. While ... August 2021: Labor Market Pulse

Celebrating 50 Years: Employee Reflections

As The Jacobson Group celebrates our 50th year of successfully connecting organizations with insurance talent, we’re reflecting on our memories and journey to this point. Our achievements wouldn’t be possible without the incredible employees who work tirelessly toward writing our clients’ and candidates’ talent success stories. We asked our staff across all levels and tenures ... Celebrating 50 Years: Employee Reflections

Combatting the Underwriter Shortage

There’s currently a severe talent shortage across all industries and insurance is no exception. Despite the pandemic, the insurance carriers and related activities sector has added nearly 16,000 new jobs since March 2020 and has continued to experience a low unemployment rate, according to the Bureau of Labor Statistics. One of the areas where the ... Combatting the Underwriter Shortage

Engaging Talent in the Great Reshuffle

The industry is experiencing “the Great Reshuffle” of talent. Many professionals who have held off on making moves during the past year and a half are moving forward in their job searches and reevaluating their roles within their current companies. Insurers must be proactive in retaining their employees and recruiting top talent to their organizations. ... Engaging Talent in the Great Reshuffle

How to Be a Standout Contract Worker

The need for interim talent is only growing. Seventy percent of executives plan to increase their use of on-site contract workers in the next two years, according to Gartner. Insurers are bringing in contractors to help handle heavy workloads, maintain productivity during new technology implementations, serve as subject matter experts in areas where they may ... How to Be a Standout Contract Worker

July 2021: Labor Market Pulse

By now, most professionals are familiar with the term, “the Great Resignation.” As physical offices begin to reopen and the economy continues to rebound, the overall rate of quits in the United States was at a record high in April*. Within insurance, while relatively high, the rate of quits was still slightly below that reported ... July 2021: Labor Market Pulse

Recruiter Report: Candidates and Relocation

The pandemic has caused a lasting shift in candidates’ work priorities. Even as physical offices begin to reopen, employers must adjust their expectations around recruiting and be more strategic and creative regarding requirements for a role. Our professional recruiting team speaks with candidates and insurers on an ongoing basis, keeping a pulse on the shifting ... Recruiter Report: Candidates and Relocation