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The Jacobson Journal: An Insurance Talent Blog

Job Postings: A Checklist

Posted by The Jacobson Group on May 22, 2023 3:06:11 PM

A job posting is often a potential candidate’s first exposure to a role. In today’s environment, insurance job openings are abundant, making it essential to cut through the noise and resonate with the right individuals. If you’re included within the 67% of insurers planning to hire this year, the below checklist can serve as a valuable guide to ensure your posting is as compelling as possible. 

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Topics: Recruitment, Job Search

Infographic: Insurance Industry’s Succession Readiness

Posted by The Jacobson Group on May 17, 2023 2:21:20 PM

As insurers aim to stay competitive in the challenging and volatile labor market, strategic succession planning and clear employee development opportunities are essential. Recently, The Jacobson Group conducted a study to better gauge the industry’s succession planning readiness. Below we highlight a few of the study’s key findings.

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Topics: Succession Planning

May 2023: Labor Market Pulse

Posted by The Jacobson Group on May 9, 2023 11:46:40 AM

The U.S. labor market remains resilient – despite some economists’ predictions – as we enter May. The insurance carriers and related activities unemployment rate saw just a slight increase to 1.6%; and unemployment for the overall U.S. economy dropped to 3.4%, which along with January 2023, marks a 54-year low. Numbers from the Bureau of Labor Statistics also indicate that insurance industry employment hit a new high watermark in April, at nearly 2,937,000 jobs. 

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Topics: Labor Market, PULSE

April 2023: Labor Market Pulse

Posted by The Jacobson Group on Apr 11, 2023 3:46:12 PM

Entering the second quarter of 2023, the insurance labor market remains relatively constant. The industry unemployment rate is low at 1.5%, and insurance employment is steady, boasting nearly 32,000 more jobs than one year ago. Finance and insurance job openings dipped slightly in February*, to 350,000; however, while this number is lower than last year’s annual monthly average, it is still notably higher than pre-pandemic levels. 

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Topics: Labor Market, PULSE

Recruiter Report: Are We Still in a Candidate's Market?

Posted by The Jacobson Group on Apr 5, 2023 9:50:06 AM

Last year, we were in the midst of one of the most competitive labor markets the insurance industry has ever seen. Candidates gained a substantial upper hand in the hiring process, leveraging a red-hot recruiting climate and competing offers to raise their expectations around compensation, benefits and flexibility.

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Topics: Recruiter Report