The results from our latest Insurance Industry Labor Market Study are now available! Since its debut in 2009, this bi-annual study has become an accurate predictor of the industry’s staffing outlook. Read on for highlights from the most recent study or download the full results. Increased Revenue Projections Accelerate With 81 percent of insurers surveyed ... Strong Industry Outlook Highlights the Need for Talent Solutions
The 2018 healthcare open enrollment period is on the horizon. Unlike previous years, this year’s enrollment season will last only 45 days—spanning from November 1 through December 15, 2017. This shortened period is concerning for healthcare providers who continue to face an increased demand and influx of new customers during open enrollment. In addition, recent ... Technology is Changing the Way We Enroll in Health Plans
Insurance organizations are facing a perfect storm within their finance and accounting departments. Increased accounting-rule changes and regulations are driving insurers to grow their current finance and accounting departments. In fact, the accounting sector boasts faster than average job growth. Currently, the U.S. Bureau of Labor Statistics projects an 11 percent growth by 2024—representing the ... Insurance Talent Shortage Hits Finance and Accounting
Quick—what does the typical telecommuter look like? Did your mind conjure up an image of a young professional set up in the corner of the local coffee shop with a large coffee and laptop? Or perhaps you pictured a busy mom juggling school drop offs with conference calls? Do these fit your idea of the ... The Remote Revolution: Benefits and Best Practices for Embracing a Telecommuting Culture
School’s out for summer! As summer vacation kicks into high gear, children around the nation are celebrating three long months of swimming, biking and playing. Unfortunately for adults, the daily office schedule doesn’t change as the temperature rises. In fact, the lazy days of summer have shown to have a significant impact on employee motivation ... Combat the Summer Slump: Top 8 Tips for Keeping Your Employees Engaged as the Thermometer Rises
The latest edition of PULSE, the monthly supplement to our quarterly Compass newsletter, is out! According to the latest BLS Employment Situation report, insurance unemployment is down. Following a slight increase at the beginning of the year, the unemployment rate for the industry was back down to 2.0 percent for the month of May. This ... Taking the PULSE of the Insurance Labor Market
The insurance industry’s “war for talent” continues to heat up. No longer just a long-range concern, insurance organizations are now face-to-face with a perfect storm of labor market challenges—from an aging workforce and impending wave of retirements to an increasingly shallow talent pool. In fact, recent estimates show that the insurance industry will need to ... Do You Have the Technology to Attract Talent?
The actuarial profession faces a growing talent conundrum. Despite an abundance of entry-level talent, today’s insurance organizations are seeing an increased tightness within the mid-career actuarial market. Insurers struggle to fill these mid-level roles with skilled and qualified candidates. With a leadership skills gap on the horizon, this narrowing within the mid-level market is even ... Are Rotational Programs Headed for the C-Suite?
This is the age of business technology. Widespread technological advancements continue to revolutionize the way organizations do business. Care management is no exception. More than ever before, new technology solutions are allowing patients and consumers to more effectively and efficiently interact and engage with their medical providers. What key tech trends are impacting care management? ... Care Management Goes High Tech with these 5 Emerging Trends
What factors are critical for business success? Financial acumen? Business savvy? Public awareness? While these all provide useful contributions to an organization’s staying power, their impact is eclipsed by one thing—human capital. Employees are the most vital aspect of an organization and its future success. In today’s candidate-driven labor market, the development of a leadership ... Retaining Top Talent: Engagement Strategies in a Competitive Market
The true underdog of recruiting is recruitment process outsourcing (RPO)—a powerful tool that is under-utilized and overlooked despite the industry-wide talent crisis. Some organizations ignore RPO’s robust benefits due to a fear of the unknown or a perceived loss of control. Others are unnecessarily anxious that an RPO partner could fail to fully understand their ... RPO Myths Debunked
The hiring process is a two-way interaction. Knowing and understanding how to best anticipate your candidates’ not-always-transparent thoughts can help give your organization the upper hand when securing the best talent. In order to create long-standing, genuine relationships with candidates, it is extremely important to put yourself in their shoes. Take a look at your ... 6 Things Your Candidates May Be Thinking, But Won’t Tell You