The insurance talent landscape is shifting. Many senior-level employees are nearing retirement, Millennials and GenXers are moving into leadership positions, and members of Generation Z are securing their first jobs. Along with these demographic shifts, technology is redefining roles, making today’s desired leadership skills much different than those of even 10 years ago.
It’s no secret we’re currently experiencing a candidate-driven market. Overall U.S. unemployment is at a near-50-year low and within the insurance industry, there are more job openings than qualified individuals to fill them. As the war for talent continues and Baby Boomers retire, many insurers are challenged with recruiting new leaders in an increasingly competitive market.
The Jacobson Group is proud to partner with a number of industry organizations in leading the Insurance Careers Movement (ICM). Dedicated to engaging emerging talent and educating them about the industry, ICM continues to raise awareness of insurance as a desirable career choice. Already, we have helped to grow this movement to more than 850 insurance carriers, agents/brokers, trade associations and industry partners worldwide.
Temporary talent is an important component of a comprehensive human capital plan. Insurance organizations must be nimble and able to quickly calibrate to support workloads, busy seasons, employee leaves and special projects. As the gig economy grows and becomes more commonplace, the ability to effectively leverage short-term employees is imperative.
Recently, Forbes named The Jacobson Group to its 2019 List of America’s Best Recruiting Firms. We’re proud to share that we ranked in both of the list’s categories: executive search and professional recruiting. The main purpose of the Forbes list is to help companies select the right recruiting firms for their needs. There are a number of options when selecting a recruiting partner and weighing the similarities, benefits, pros and cons can be challenging.