The results are in! The results from our third quarter iteration of the U.S. Insurance Labor Outlook Study are now available. Compared to the January 2014 survey, the rate of expected hiring experienced a slight decrease, down to 58%; however, this remains the second highest reading since we started the semi-annual survey back in 2009. ... Preparing for the Future Amid the Insurance Talent Storm
As more and more insurers find the value in leveraging data analytics throughout their organizations, the demand for high-quality, experienced data and analytics professionals is on the rise. Alas, the insurance industry is not the only one looking to expand its analytics presence. With a shallow pool of qualified analytics talent, insurance organizations are facing ... Insurance 2.0: Attracting Tech Talent to the Insurance Industry
From analytics to big data, red-hot technology buzzwords are sweeping across the insurance industry and companies are beginning to realize the significant value of these trends. Progressive insurance organizations are embracing these groundbreaking applications of technology and changing the way the industry does business. For many insurance organizations, the use of analytics has become a ... Insurance 2.0: Pioneering Analytics in the Industry
It’s almost that time again. Open healthcare enrollment for 2015 is quickly approaching. With the recently announced postponement, open enrollment is now slated to run from November 15, 2014, through January 15, 2015. Despite the one-month delay, most insurers already fear that the 2015 enrollment period will prove to be rockier than the inaugural Patient ... PPACA Open Enrollment: Is Your Organization Prepared?
It is my pleasure to introduce a guest blogger for this latest post. Dave Coons is a senior vice president here at Jacobson, providing leadership to our professional recruiting, emerging talent, RPO and temporary and temp-to-hire staffing practices. His insights into interview strategies are worth a read. Enjoy… In today’s fast-paced, ever-changing business world, innovation ... Hiring for a Changing Market: Interview for Innovation
The insurance industry is way behind the times. There are no opportunities for me to advance my career. It’s a stale industry that fails to embrace change. We’ve heard it all before. The talent market image of the insurance industry is not a very positive one. Many individuals view insurance as an out-of-date, antiquated labor ... Rebranding Insurance: Changing the Outdated View of the Industry
The first half of 2014 is looking strong for the insurance industry talent market. Employment is on the rise and the current unemployment rate has reverted to levels the industry has not seen since before the Great Recession. While continued economic recovery (albeit slow) has driven gains in throughout the insurance industries, the health insurance ... The PPACA’s Lingering Effects: Insurance Employment Growth
You dedicated time to create a welcoming and enticing work environment. You have positioned your company as innovative and cutting-edge with social media and new technologies. You have embraced a fresh company culture that is appealing to young talent. You have worked hard to attract the younger generation into your organization. Now what? With 60 ... Retaining Emerging Talent: Top Strategies to Keep Millennials Engaged
The insurance industry is aging. According to the Bureau of Labor Statistics, nearly 50 percent of the industry workforce is older than 45 and only 26.67 percent of employees are under the age of 35. In order to prepare for the future and successfully build a bench of bright, young talent, insurers must focus on ... Recruiting Millennials: How to Bring Young Talent to Your Organization
A wave of new regulatory initiatives is hitting the life insurance industry. These reporting requirements are leading many insurers to take a deeper look at their current employees and evaluate their staffing efforts. According to a study by Towers Watson, merely 27 percent of current life insurance personnel understand the basics of these new regulatory ... Are Industry Regulations Leaving You in the Lurch?
It is my pleasure to introduce a guest blogger for this latest post. Jenn Shorr is a contract analyst here at Jacobson, administering contracts and overseeing Jacobson’s risk management program. Her insights into mandated employer benefits are worth a read. Enjoy… The past five to seven years have seen a marked increase in the number ... Navigating the Regulatory Waters
The results from the January 2014 iteration of our U.S. Insurance Labor Outlook Study are now in. The rate of hiring has increased to its highest point in the entire history of the study, with nearly 62% of survey participants responding that they intend to increase their staff during 2014. In addition, the BLS has ... Forecasting a Perfect Storm for Insurance Talent in the U.S.