Insurance industry hiring to hit record levels in 2018, survey

Insurance industry hiring - Leaping for Job

A new outlook survey predicts this year will see insurers working to fill more jobs than ever before. Insurance industry hiring is taking off at a powerful rate, causing insurers to face a number of challenges. They are working to fill positions such as actuaries, underwriters and in claims and sales. A new survey shows that these employers are facing a string of challenges bringing in new hires. The 2018 Insurance Industry Employment and Hiring Outlook Survey predicted a trend toward record insurance industry hiring this year. However, experienced talent…

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Insurance industry hiring evens out, though some positions remain unfilled

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A new study showed that insurer job availability will continue to be substantial and steady for the next year. Insurance industry hiring is stabilizing as over half of all insurers intend to boost the size of their staff over the next year. The Jacobson Group and Ward Group released their Semi-Annual U.S. Insurance Labor Outlook Study results. Fifty eight percent of insurance companies will be hiring more people in 2018, said the study. The insurance industry hiring trend is greatly supported by a predicted boost in business as well as…

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Michigan insurance industry is having a hard time filling job postings

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Insurers in the state are continuing to open positions in their companies, but workers aren’t there to fill them. The Michigan insurance industry is all set to open up a range of new jobs over the next few years. However, it is already facing a considerable challenge in their effort to fill the positions as insurance companies compete to attract talent. This was among the primary findings in a study conducted by Ferris State University researchers. The university’s insurance, actuarial and risk management student team surveyed companies in the Michigan…

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Insurance executive positions lack diversity, but the industry wants change

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Sedgwick’s chief people officer pointed out that company leaders are “all white men over 40.” Terri Browne, chief people officer at Sedgwick, a worldwide leading tech-enabled risk and benefits solutions provider said there is a diversity issue among top insurance executive positions. Jobs lower in the hierarchy have a healthy diversity but higher up in most organizations has nearly none. In the lower ranks, diversity exists and teams are thriving within it. However, the higher insurance executive positions are “all white men over 40,” said Browne. “I would say, when…

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Insurance technology jobs get hotter as AI’s role expands

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Customers find online self-service features increasingly appealing and the industry is hiring to meet that need. As the industry looks to artificial intelligence (AI) for improved customer service, insurance technology jobs are expanding in number and specialty. The more consumers show a preference for completing tasks online, the greater the need for large and skilled IT, programming and tech development departments. Current trends suggest that AI is a tech the insurance industry expects to be using in the very near future. In fact, a recent Accenture Plc survey suggested that…

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Millennial insurance jobs are consistently underestimated despite career potential

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This generation is only just starting to tap into an industry that is open for starting and growing opportunities. Millennial insurance jobs are proving to be among the employment opportunities that have the greatest potential for that generation. They are taking positions from claims adjusters to data scientists and underwriters in which there are massive skill sets to be built. Even more important is that the insurance employment positions are available right now. As a huge wave of baby boomers rapidly retires and as the industry evolves, millennial insurance jobs…

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Jobs for veterans continue to be plentiful in the insurance industry

Jobs for veterans in the insurance industry

Insurers have long favored vets both as new hires and as a focus of charitable donations. The insurance industry has been in favor of offering jobs for veterans for many years. Various property and casualty insurance companies frequently focus their charitable support efforts on this group, as well. There are many reasons that insurers have opened their doors and their arms to American vets. According to Chubb-owned Combined Insurance’s director of sales training, Glenn Elmore, many insurers feel this is an important group that has earned their support. “I think…

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Insurance industry jobs get a trendy makeover to appeal to millennials

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Iowa brokerage Holmes Murphy is taking aim at old stereotypes of dullness and daily tedium. The vice president of Iowa brokerage Holmes Murphy, Cameron Burt, is more than familiar with the reputation of dullness that is associated with insurance industry jobs, but at a time when it is becoming difficult to fill these positions, his firm is seeking to show the millennial generation that times have changed. The image of an insurance job doesn’t seem to have changed for two solid generations, losing all appeal. However, Burt and his firm…

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Millennials aren’t interested in insurance jobs, despite the openings

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A recent Hartford survey has revealed that this generation simply doesn’t seem to want to be a part of it. Employment may be improving in many regions across the country, but it remains a challenge for many, and despite the fact that insurance jobs are widely available, Millennials don’t seem to want them. The insurance industry is scrambling to try to find qualified, driven people to fill its many job openings. The industry has taken it upon itself to try to change the lack of interest the Millennial generation has…

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Insurance jobs are still out there as the industry continues to hire

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A recent study has shown that 65 percent of companies plan to boost their staff size this year. The Jacobson Group and Ward Group have now issued the most recent version of their Semi-Annual U.S. Insurance Labor Outlook Study and have determined that this year, insurance jobs are still out there and waiting to be filled as 65 percent of the companies in the industry plan to boost their staff in 2015. Since the start of the survey, this is the second highest insurance hiring rate that has been recorded.…

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