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The Jacobson Journal: An Insurance Talent Blog

The Jacobson Group

Recent Posts

October 2021: Labor Market Pulse

Posted by The Jacobson Group on Oct 13, 2021 2:16:32 PM

The insurance industry’s unemployment rate dropped a full percentage point to 1.9% in September, reaching its lowest since the start of the pandemic. However, while the unemployment rate is low, industry employment also continues to drop. This is likely due to the complexity of the job market, and the effects of not only the Great Reshuffle, but also the Great Realignment. As vaccine mandates are implemented within some organizations and we enter the winter months, individuals are likely to continue adjusting their priorities, expectations and goals.

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Topics: Labor Market, PULSE

Recruiter Report: Creating an Optimal Candidate Experience

Posted by The Jacobson Group on Sep 24, 2021 12:27:45 PM

For most insurers, the hiring process continues to be primarily virtual, bringing with it new obstacles and best practices. Candidates expect streamlined experiences tailored to the remote environment and have become less forgiving of avoidable missteps. Employers must be strategic about engaging candidates at every touchpoint, and presenting open roles and their organizations in the best light possible.

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Topics: Recruiter Report

September 2021: Labor Market Pulse

Posted by The Jacobson Group on Sep 9, 2021 7:11:11 PM

The insurance industry saw unemployment drop from 4.2% in July to just 2.9% in August. This came with a slight decrease in industry jobs, continuing a five-month decline. While the Bureau of Labor Statistics reports industry employment is just shy of where it was one year ago, our Q3 2021 Insurance Labor Outlook Study indicates growth in the coming year; 93% of insurers plan to maintain or increase their staff sizes in the next 12 months.

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Topics: Labor Market, PULSE

Building Hybrid Teams Ready for New Challenges

Posted by The Jacobson Group on Sep 3, 2021 2:45:00 PM

As catastrophe season continues, insurers are responding to recent devastating events while also preparing for what the next few months may bring. The year has already seen hurricanes, earthquakes and wildfires, meaning the ability to adapt to increased workloads has become a vital part of insurers’ claims management strategies.

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Topics: Recruitment, Work-At-Home, company culture

Results of the Q3 2021 Insurance Labor Outlook Study: Employment Growth Amid a Difficult Recruiting Market

Posted by The Jacobson Group on Sep 1, 2021 1:48:20 PM

As we move through the second half of 2021, insurers’ employment outlooks remain strong. Our recent Q3 2021 Insurance Labor Outlook Study, conducted in partnership with Aon plc, found 93% of insurers plan to increase or maintain their headcounts in the next 12 months.

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Topics: Labor Market, Retention, Recruitment