Live Insurance News

Insurance industry hiring evens out, though some positions remain unfilled

February 23, 2018February 21, 2018 Julie Campbell

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…

Michigan insurance industry is having a hard time filling job postings

July 19, 2017July 17, 2017 Marc

Michigan insurance industry jobs application form

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…

Insurance executive positions lack diversity, but the industry wants change

June 13, 2017June 9, 2017 H. Cutner

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…

Insurance technology jobs get hotter as AI’s role expands

April 21, 2017April 19, 2017 Julie Campbell

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…

Millennial insurance jobs are consistently underestimated despite career potential

February 21, 2017February 17, 2017 H. Cutner

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…