What’s in store for the Actuarial Field in 2015?

Posted by The Jacobson Group on Feb 23, 2015 1:41:44 PM

From the emergence of data analytics to the increased need to attract young talent, the insurance industry is being impacted by a number of hot button trends. But what is in store for the actuarial space? We have identified the top five trending actuarial issues that are sure to make an impact in the coming year.

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Topics: Labor Market

Love the One You’re With: Increasing Employee Engagement

Posted by The Jacobson Group on Feb 11, 2015 1:46:00 PM

Happy, engaged employees are the key to a successful workforce. The employees who love their jobs and their companies are the most productive, effective and loyal. The positive energy these professionals bring to the workplace not only helps to create a cheerful work environment, but also directly affect your organization’s bottom line, service-quality and employee retention.

What happens when the relationship between your organization and its employees fizzles? What can you do to bring back the spark?

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Topics: Retention

Social Media: The New Recruitment Frontier?

Posted by The Jacobson Group on Feb 2, 2015 9:30:00 AM

It’s no secret that social media has become an integral part of today’s connected culture. In 2014, social media was already becoming a popular forum for professional recruitment—a trend that is expected to increase in the coming year.

With an estimated 74 percent of all online adult internet users active on social media, it is quickly becoming a fundamental platform for engaging young professionals and top candidates. The insurance industry is currently revamping its efforts in recruiting and engaging Millennial talent. Embracing social media is becoming a crucial factor toward success.

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Topics: Recruitment

Did You Know? Insuring the Super Bowl

Posted by The Jacobson Group on Jan 26, 2015 10:18:00 AM

On Sunday, February 1, twenty-two on-field players, $4 million ad spots, one chart-topping pop star and more than 100 million viewers will converge in Glendale, Arizona, for the most-watched event of the year. The countdown to Super Bowl XLIX is on.

As you debate the outcome of the big game, predict the top ads and stock up on Buffalo wings and dip, it’s time to brush up on your Super Bowl insurance trivia!

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Topics: Uncategorized

Generational Spotlight: Traditionalists Influence the Business Landscape of Tomorrow

Posted by The Jacobson Group on Dec 29, 2014 9:00:00 AM

This blog entry is part four in Jacobson’s Generational Spotlight Series, which provides a general overview of the generations active in the workforce. While we understand that these overviews may include broad stereotypes that do not apply to all members of that particular generational breakdown, we believe there is value in looking at today’s professionals from a generational perspective in order to gain a better understanding of their viewpoints. 

More commonly known as “The Greatest Generation,” the Traditionalists are a driving force in today’s workplace with seven million individuals currently employed in the United States. While smaller than the other generations, this still represents nearly five percent of the U.S. workforce. Playing a key role in forming the business world of today, these tenured individuals are a great source of perspective, knowledge and institutional wisdom.

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Topics: Labor Market

Generational Spotlight: Baby Boomers as the Workplace Leaders

Posted by The Jacobson Group on Dec 19, 2014 8:49:00 AM

This blog entry is part three in Jacobson’s Generational Spotlight Series, which provides a general overview of the generations active in the workforce. While we understand that these overviews may include broad stereotypes that do not apply to all members of that particular breakdown, we believe there is value in looking at today’s professionals from a generational perspective in order to gain a better understanding of their viewpoints. 

Conversationally known as “Boomers,” Baby Boomers are the largest generational cohort currently employed. With 66 million professionals, the Boomers comprise 44 percent of the U.S. workforce. While these experienced individuals hold most of the power and control within the workplace, retirements are on the horizon and many early boomers are already on the cusp of exiting the business world.

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Topics: Retention

Generational Spotlight: Generation X Poised to Take the Lead

Posted by The Jacobson Group on Dec 10, 2014 9:56:55 AM

This blog entry is part two in Jacobson’s Generational Spotlight Series, which provides a general overview of the generations active in the workforce. While we understand that these overviews may include broad stereotypes that do not apply to all members of that particular generational breakdown, we believe there is value in looking at today’s professionals from a generational perspective in order to gain a better understanding of their viewpoints. 

Generation X—also known as the Baby Busters, Post-Boomers and the Thirteenth Generation—currently accounts for 33% of the U.S. labor force, with 50 million employees. With the insurance industry expecting to see a dramatic loss of executive and management level talent due to an impending wave of retirements, these professionals are preparing to step up into industry leadership roles.

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Topics: Uncategorized

Generational Spotlight: Millennials Shaping the Future Workplace

Posted by The Jacobson Group on Nov 24, 2014 10:28:00 AM

This blog entry is part one in Jacobson’s Generational Spotlight Series, which provides a general overview of the generations active in the workforce. While we understand that these overviews may include broad stereotypes that do not apply to all members of that particular generational breakdown, we believe there is value in looking at today’s professionals from a generational perspective in order to gain a better understanding of their viewpoints. 

The Millennial generation—currently 77 million strong—is entering the workforce in vast numbers. Currently, Millennials account for 25% of the U.S. workforce and are expected to form 50% of the global workforce by 2020. They are the fastest-growing generational cohort and are expected to shape the world of work for years to come.

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Topics: Millennials

Corporate Citizenship: An Overlooked Talent Solution?

Posted by The Jacobson Group on Nov 13, 2014 8:46:00 AM

Ten volunteers, a few glue sticks, construction paper and a surprise visit from the one-and-only Cookie Monster are all it took to foster employee engagement and help promote the unique company culture at The Jacobson Group. On October 16th, a group of Jacobson employees visited Chicago’s Harold Washington Library as part of the Insurance Industry Charitable Foundation’s (IICF) Week of Giving event. Participating in the newly launched Every Day is a Reading and Writing Day initiative, our volunteers joined together with local children and families to participate in interactive Sesame Street games, videos and activities designed to encourage children and the adults in their lives to read and write together. 

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Topics: Managed Care, Property and Casualty, Life and Disability, Retention

Generation X: Growing Tomorrow’s Insurance Leaders

Posted by The Jacobson Group on Oct 29, 2014 4:49:00 PM

The leadership landscape of the insurance industry is poised to undergo monumental changes during the next 10 years. Currently, the fraction of professionals aged 55 and older within the insurance industry is nearly 30 percent higher than that same fraction measured within the economy as a whole. In addition, almost 25 percent of the current workforce is predicted to be on the verge of retirement by 2018. At this rate, experts estimate the industry will need to fill 400,000 positions by 2020 in order to remain fully staffed.

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Topics: Labor Market, Retention

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