The results of the third quarter iteration of the 2022 U.S. Insurance Labor Outlook Study are now available. The study, led by The Jacobson Group and Aon, plc, examines insurance industry labor and hiring trends. View highlighted stats in our infographic.
As we enter the second half of 2022, insurers remain optimistic about employment growth, according to the results of The Jacobson Group and Aon-Ward’s Q3 2022 Insurance Labor Market Study. Jeff Rieder, partner at Aon and head of Ward Benchmarking, and Greg Jacobson, co-CEO of The Jacobson Group, discuss the study’s key findings and provide ... Episode 8: Exploring the Current State of the Insurance Labor Market – Q3 2022
Published in Insider Intelligence The insurance industry has lagged behind most other sectors in its digital transformation, but change is coming. Insurance technology spending is expected to grow significantly between 2022 and 2026. Insurers plan to use the increased tech spending to digitize their core capabilities, build out digital self-servicing tools, and create personalized products ... The Digitally Lagging Insurance Industry is Poised for a Well-Funded Transformation
CHICAGO – The 2022 Insurance Industry Succession Planning Study, conducted by The Jacobson Group, the leading provider of talent to the insurance industry, is now open through October 2, 2022. The study aims to measure the industry’s succession readiness and provide valuable benchmarking insights. “As insurers navigate a shifting economic climate and continued movement across ... 2022 Insurance Industry Succession Planning Study Now Open for Participation
We’re excited to share that The Jacobson Group was recently named to Business Insurance’s 2022 list of the Best Places to Work in Insurance. As a talent-focused organization, we understand the importance of investing in our employees’ growth and success throughout all stages of their careers. This quarter we’re highlighting two of the many individuals ... Jacobson Employee Spotlight – Q3 2022
The industry’s labor market remains strong with accelerating wage growth and continued low unemployment. Wage inflation for the industry is high, trending toward an overall 6.3 aggregate percent increase in 2022, compared to just 0.8 in 2021. This increase is even more pronounced for property and casualty carriers, which are trending toward a 10.5 aggregate ... September 2022: Labor Market Pulse
Published in Insurance Journal Demand for claims professionals has reached historic levels. Coupled with an extreme labor shortage and a reshuffling of talent industry-wide, competition for top talent is fierce. A renewed approach to recruitment and retention is key to a fully-staffed and engaged claims team. This article highlights best practices on developing talent management ... Recruiting and Retaining Claims Talent in the Candidate’s Market
CHICAGO – The Jacobson Group has been named in the annual Best Places to Work in Insurance program, which recognizes employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work and help their companies grow. Providing culture and growth opportunities that distinguish the organization as an employer of choice is ... The Jacobson Group Named in Business Insurance’s Annual Best Places to Work in Insurance List
The insurance labor market continues to evolve. Insurers are undergoing a realignment, as they establish how their businesses will operate long-term, following the disruption of the pandemic. At the same time, the talent shortage persists and an already challenging recruiting climate is compounded by shifting employee expectations, hybrid environments and reestablished priorities. It’s necessary for ... Recruiting Amid the “Great Realignment”
The industry is in the midst of one of the tightest labor markets many have ever experienced. Job openings have peaked in the past few months, voluntary quits are high, and we’re continuing to see an industrywide realignment as both professionals and employers assess their long-term needs and desired working environments. The results from our ... Q3 2022 Insurance Labor Market Results: Opportunities Abound
Published in Insurance Journal: Amid one of the most competitive labor markets the insurance industry has ever seen, talent is a top priority for most leaders. Although recruiting difficulty remains at its highest point, the majority of insurers are still planning to add to their teams in the next year. Read this article to explore ... Insurers Anticipate Staffing Increase Over the Next Year Despite Recruiting Difficulty: The Jacobson Group
The Jacobson Group and Aon-Ward conducted a study to investigate hiring trends within the insurance industry. The following presents the findings of an insurance labor survey conducted in the third quarter of 2022…