Progressive Car Insurance has announced that it will be hiring approximately 120 new people in their claims, sales, and service positions at its contact center in Austin, before the end of the year. These positions come with many attractive qualities, such as flexibility – for example, compressed work weeks and work from home opportunities – a casual dress code, performance bonuses, fitness centers, and on-site medical facilities for both the employees and their families. Recruiting director Katie Koch, from Progressive, said that the insurance company’s employees remain with that business…
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Insurance Information Institute reports on job loss and gain in the insurance industry
Despite record profits this year, the insurance industry continues to shed jobs. The Insurance Information Institute has released a new report highlighting the losses in the property/casualty insurance sector. Signs of an improving economy may not be enough to help the industry keep its workforce employed, especially when confronted with costly losses due to this year’s natural disasters. The Institute’s report relied on data collected by the U.S. Labor Department’s Bureau of Labor Statistics. Apart from a still turbulent economic climate, the industry has been downsizing as a result of…
Read MoreMercury experiences growth in homeowner business leading to new hiring
Mercury Insurance has announced that as a result of a significantly increasing customer base, it will be hiring 63 new employees for full-time property claims in its New York, New Jersey, Texas, and California offices. Since the start of 2011, the homeowners business at Mercury has jumped by over 10 percent. According to the human resources director at Mercury, Clarisa Eng, the company is doing their part to put people in the United States back to work. She explained that the new hires will be assisting the company to “provide…
Read MoreAllstate’s 2011 agency owners and salespeople to grow by over 230
Michigan’s sixth largest car insurance provider, Allstate, has announced that it will be appointing 35 new agency owners this year, in addition to hiring in excess of 200 licensed sales employees. The new agency offices will be located in Lansing, Metro Detroit, Grand Rapids, Ann Arbor, Flint/Saginaw, and Kalamazoo. Agency sales leader for Michigan, Chris Markey, released a statement which said that they have identified a sizeable “opportunity in the current economy to attract entrepreneurs and mid-career, mid-level managers who are looking for a business opportunity with a recognized brand.”…
Read MoreInsurance claims industry one of top ten fastest growing job markets
Though employment continues to struggle across the country during this slow recovery from the recession, there have been several industries – such as insurance claims – where it is anticipated that there will be a rapid spike in hiring and employment for the upcoming few years. According to IBISWorld, an industry research firm, It is believed that there will be a growth rate of 5.7 percent every year from now until 2016 in employment in the areas of claims adjusting and third party administrators. The number of employees in that…
Read MoreTennessee legislation brings insurance jobs and more
The Tennessee State Government is expected to make changes to its laws regarding captive insurance this week. A bill that would allow the formation of new captive insurance companies is on its way to Governor Bill Haslam’s office, where it is likely to receive his signature and be passed into law. The state has not passed any new legislation regarding captives since 1990, which fostered in 16 new companies. According to legislators, the bill will not only bring jobs to the state, but also provide insurance companies more incentive to…
Read MoreThe future of insurance agencies and the broker’s role
In case anyone hasn’t noticed lately, we have come to the point in time where things are changing around us daily. Everything in business has to evolve with these changes to keep up and stay competitive. Insurance carriers and independent agencies alike are now trying to figure out what they can change, without changing what needs to be changed. It’s like the old saying, “can’t see the forest for the trees.” The insurers and the independent agents both have business specific issues, but neither one can see them. The insurance…
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