The insurance industry stands amid a rapidly evolving talent market. Organizations are now face-to-face with the rise of virtual training, the push for inclusivity and the growing importance of the employee experience. Is your company prepared? Here are the eight top insurance industry trends for 2017: Technology Changes Highlight Need for Non-Traditional Talent: Technology continues ... Insights into the Talent Horizon: Trends for 2017
It is my pleasure to introduce a guest blogger for this latest post. Jaime Elgas is an engagement director with Jacobson’s insurance executive search practice. Her insights into interview best practices are worth a read. Enjoy… You’ve put together a carefully worded job description. You’ve closely vetted each job applicant and determined your top candidates. ... Solving the Candidate Interview Puzzle
This blog entry is part four in Jacobson’s Insurance Recruitment and Selection series, which provides insights into updated recruitment and selection processes and strategies for the modern workplace. Maybe your organization is scrambling to fill an open position after its Chief Actuary moved to a different organization. Or perhaps the executive committee has decided to add ... Revive Your Recruitment and Selection Strategies: Kicking Off Your Recruitment Process
As a result of the recent economic downturn, many organizations have embraced a “doing more with less” mindset—implementing drastic staffing changes and cuts to full-time employees. Despite the uptick in industry market conditions and a return to its pre-recession state, many insurers continue to maintain a “run lean” mentality. They are now employing a staffing ... A Smooth Transition: Integrating Temporary Staff into Your Organization
The holidays are quickly approaching; and in addition to the usual hustle and bustle of the season, this time of year also introduces a unique set of health risks. Here are some common holiday pitfalls, which many of us will encounter in one way or another, from now into the New Year. Too Much “Eggnog?” ... Deck the Halls with Holiday Health Hazards
This blog entry is part four in Jacobson’s Generational Spotlight Series, which provides a general overview of the generations active in the workforce. While we understand that these overviews may include broad stereotypes that do not apply to all members of that particular generational breakdown, we believe there is value in looking at today’s professionals from ... Generational Spotlight: Gen Z, the Next Generation of Talent
Having weathered the recent “Great Recession” with its record unemployment rates, company downsizings and mass professional lay-offs, the industry now comes face-to-face with a new challenge. Drastic labor market changes are poised to transform the industry’s leadership landscape during the next 10 years. Already, organizations are beginning to experience an ever-expanding skills gap at the ... Taking Action: Developing Succession Plans for an Evolving Future
The first pitch has been thrown in the 112th World Series. Pitting the Cleveland Indians against the Chicago Cubs, this year’s World Series is poised to make history. Entering into this historic competition, both teams accounted for the longest World Series droughts—totally 174 years. Hometown favorites, the Chicago Cubs, have not seen a World Series ... Take Me Out to the Ballgame: Insuring MLB Athletes
This blog entry is part three in Jacobson’s Insurance Recruitment and Selection series, which provides insights into updated recruitment and selection processes and strategies for the modern workplace. So your organization needs to fill an open position? Before you kick start your recruitment process, it is vital that you develop a blueprint for the ideal ... Revive Your Recruitment and Selection Strategies: “Who Are You?” Finding the Right Recruitment Fit
It’s that time of year. The days are getting colder, the afternoons are getting darker and soon an assortment of ghouls and goblins will parade down the streets. Beyond the haunts and scares of Halloween, perhaps the spookiest part of the season is the increased vulnerability to insurance claims and lawsuits. According to the National ... Scary Stuff: Halloween Insurance Claims
The actuarial profession continues to face a period of drastic changes. From market evolutions— including the introduction of more stringent regulations—to talent transformations, including the increased popularity of science, technology, engineering and mathematics (STEM) degrees, these shifts are having a drastic impact on the supply and demand of actuarial professionals. Explosive Growth in the Health ... The Actuarial Talent Conundrum
The search is on for qualified underwriting talent. Amid a growing number of positive labor trends—including low unemployment rates and positive staffing increases—a number of key insurance functions are feeling the pinch. Underwriting positions, in particular, are becoming more and more difficult to fill. As a result, the war for insurance underwriting talent is heating ... The Hunt is On: The Great Underwriter Shortage