Nearly four million Baby Boomers nationwide are retiring each year, and they are leaving behind a growing executive skills gap that must be bridged. Luckily, today’s young professionals are poised to meet this impending need. How can the insurance industry adapt their current workforce culture to embrace and encourage this new generation of leaders?
In recent years, insurance organizations have renewed their focus on engaging young professionals. They have rethought recruitment practices and strategies, revitalized company cultures, and instituted company-wide policy changes in order to attract Millennials. As Kylee Lacson, a Millennial professional and National Territory Manager at The Jacobson Group, discussed in our latest edition of Compass, the industry must now shift their focus to transitioning their Millennial employees into the executives of tomorrow.