Insurance jobs will have tougher requirements in some states

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Republican controlled states intend to toughen the rules for health exchange enrollment workers. The states under Republican leadership across the country are now adding additional requirements for workers who were hired to fill the insurance jobs that assist people in enrolling for health plans under the Affordable Care Act. They will now be required to undergo criminal background checks and/or obtain licensing. The goal of this move is to help to reduce the perceived privacy and security risks that many consumers have associated with sharing their personal information with the…

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Insurance employment forecast sees 14,000 jobs currently available and 27,000 more this year

GreatInsuranceJobs.com has released a report on the availability of jobs among managing general agents, third party administrators, brokers, and agents, and has determined that there are currently about 14,000 positions open, and that there will be an additional 27,000 jobs available before the end of 2012. The report was based on a survey of those parts of the industry, among which 126 different insurance entities participated across the country. The survey was performed over the phone, and involved five questions about the current and forecasted job availability, in addition to…

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Survey shows that insurers looking to hire more staff throughout 2012

A new survey from The Jacobson Group, a leading insurance staffing services firm, and the Ward Group, a consulting firm, suggests that the majority of insurance companies in the U.S. will be looking to hire more staff throughout the 2012 fiscal year. More than 60 regional insurance carriers and 50 multinational insurance groups participated in the survey. According to the groups’ findings, these insurers are looking to embolden their workforce to account for rapid growth seen in several sectors, especially concerning the property/casualty sector. Though the past two years have…

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Jobs in the insurance industry are slowly climbing

According to data released by the U.S. Bureau of Labor Statistics (BLS), following a small decline in jobs in November 2011, there was an overall increase of 3.3 percent in the insurance industry in December, as 3,300 new jobs were added in the last month of the year. The report released by the BLS states that in November, there was a decrease by 100 jobs in the industry, which was linked – for the most part – to health (falling to 420,700 in a drop of -0.8 percent); property/casualty (falling…

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HHS upholds medical loss ratio provision, changes some aspects of the overarching law

Despite daunting opposition, the Department of Health and Human Services has remained firm on the medical loss ratio provision of the Affordable Care Act. The medical loss ratio provision requires that insurers pay no less than 80% of premium money on improving medical care. The provision has gained rabid opposition from the nation’s health insurance companies, who have been fighting to have administrative expenses and independent insurance broker fees removed from the mandate. The HHS, however, has issued a final ruling on the matter, claiming that most of the nation’s…

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Insurance industry sheds jobs in some sectors while adding to others, according to III report

The Insurance Information Institute (III) has released a new report drawing upon data from the U.S. Department of Labor. The report touches upon the volatility seen in the property/casualty insurance business in October of this year. According to the report, the property/casualty sector performed poorly in terms of employment while other sectors saw promising growth. Overall, the report highlights the turbulent year the insurance industry has faced as a whole and suggests that the trend can continue throughout next year depending on the economic climate. The III notes that 900…

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Digital Insurance Inc. offers complimentary healthcare reform webinar

The top employee benefits agency for speed of growth, Digital Insurance Inc., has sent out invitations for a free webinar that they have entitled “The Agency of the (Not So Distant) Future”, which will be held on Thursday, November 3, at 2 pm. The chief marketing officer and executive vice president of Digital Insurance, Mike Sullivan, will be using the seminar to make a presentation of his vision of the successful agency of tomorrow, and to go over the type of knowledge and infrastructure that will be required in order…

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