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
Greg Jacobson and Rick Jacobson, co-CEOs of The Jacobson Group, celebrate 50 years of providing talent to the insurance industry. As part of our 50-year celebration, we’re excited to launch The Insurance Talent Podcast, which will discuss the talent topics necessary for insurance leaders to thrive in an evolving environment. In this episode, take a ... Trailer: Welcome to The Insurance Talent Podcast
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
CHICAGO – The results of the Semi-Annual U.S. Insurance Labor Outlook Study will be revealed in a complimentary webinar presentation on August 12, 2021, at 1:00 p.m. CDT. Now in its 25th iteration, the study was conducted in part by The Jacobson Group, the leading provider of talent to the insurance industry. Insurance carriers across ... Q3 2021 Insurance Labor Outlook Study Results to be Revealed During Webinar
The insurance workforce has gone through a number of significant shifts in the past year and a half. As physical offices begin to reopen and insurers move forward into the next normal, we’ve seen increased competition for talent. It’s a fitting time to reassess how your department is retaining its employees and accommodating a multi-generational ... Retaining Younger Generations in the New Working Environment
This quarter’s Compass feature article explores how to reevaluate your approach to onboarding and retention to improve job satisfaction, recruit top performers and create a people-focused work environment. The newsletter also includes an overview of the industry’s current labor market and recent executive-level job changes.
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
CHICAGO – The third-quarter 2021 iteration of the Semi-Annual U.S. Insurance Labor Outlook Study, conducted in part by The Jacobson Group, the leading provider of talent to the insurance industry, is open through August 1, 2021. The study has provided valuable insights on insurance labor trends since 2009 and is regarded as an accurate predictor ... 25th Iteration of Semi-Annual U.S. Insurance Labor Outlook Study Is Open
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
In order to remain agile in today’s evolving insurance landscape, many organizations are increasing their use of contingent workers, leveraging interim talent on an as-needed basis. In fact, a recent McKinsey study found 70% of executives plan to employ more onsite contract workers in the next two years. Research from Gartner further supports this growth, ... Creating a Best-in-Class Contingent Labor Program
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
As insurers begin to reopen physical offices and adapt to the post-pandemic workplace, strong leadership and fluid strategies are key components for successfully moving forward. However, the industry’s talent landscape remains competitive, especially in terms of attracting and retaining those at the executive level. We’re seeing increased movement in the leadership ranks, as professionals who ... Building Loyalty Among the Executive Ranks