Insurers are finding it difficult to hire new talent, with nearly half saying they’re struggling more than ever. Insurance jobs have become increasingly hard to fill in recent years and while a number of industries are finding that the hiring challenges are starting to ease, that is not the case among insurers. In fact, some insurers are claiming that this has become their most challenging recruitment period ever. According to a recent Forbes report, nearly half of insurers have cited greater challenges in filling insurance jobs now than they ever…
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Insurance job starting salaries rise as many insurers struggle to fill positions
Companies are finding it difficult to find enough applicants as they seek to hire in numbers. Insurance job starting salaries are on the way up at a number of insurers, particularly in locations that are proving especially difficult for filling positions. Even as the federal pandemic unemployment benefits have come to an end, insurers are still struggling. To boost appeal to applicants, many insurers have been advertising higher insurance job starting salaries. While some people are viewing this as an opportunity to start a new and rewarding career, others still…
Read MoreProgressive plans to create more up to 6,400 insurance jobs
The insurer plans to hire thousands of new employees before the year comes to a close. Progressive has announced new insurance jobs with its intention to hire as many as 6,400 new employees during the second half of 2021 in order to support the insurer’s growth and plans to continue doing so. During 2020, Progressive’s total revenues broke the $42 billion mark as it gained market share. The market share held by Progressive continued rising throughout last year as it built up its customer base. Now, it plans to add…
Read MoreMillennials continue to be a top insurance industry challenge
Insurers struggle to appeal to a vital generation both in terms of employment and as customers The insurance industry challenge regarding millennials continues as insurers continue to try to sell to that generation. This, on top of the struggle already faced in selling to consumers within that age group, the industry isn’t successful in drawing them to fill jobs, either. Employment in the insurance industry presents a considerable opportunity to graduating college students. That said, a top insurance industry challenge is relaying the appeal of this type of career. The…
Read MoreInsurance industry hiring to hit record levels in 2018, survey
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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