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The Jacobson Journal: An Insurance Talent Blog

Insurance Industry Growth Leads to Competitive Labor Market

Posted by The Jacobson Group on Sep 5, 2019 10:35:25 AM

The results from our most recent Semi-Annual U.S. Insurance Labor Outlook Study are now available! The study, conducted by The Jacobson Group and Aon plc, uncovers revenue and hiring trends within the insurance industry. We are highlighting key data points from the Q3 2019 results, and you can download the full results summary, webinar and slide deck for additional insights and commentary.

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Topics: Labor Market, Recruitment, Insurance

Breaking the Truth: The Cost of Vacancy

Posted by Karen M. Lopez on Apr 4, 2019 7:34:27 AM

As you’ve probably noticed, it is taking longer to fill positions than ever before—that is, if you can fill them at all. Fewer qualified candidates are submitting their resumes and your recruiters have no choice but to tirelessly tap passive industry professionals hoping the opportunity catches their interest. How did we get here? 

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Topics: Labor Market, Retention

Strong Industry Outlook Highlights the Need for Talent Solutions

Posted by Nikki St. Martin on Feb 27, 2019 8:35:39 AM

The results from our latest Semi-Annual U.S. Insurance Labor Outlook Study are now available!

Read on for highlights from the most recent study.

The survey expectations for staffing remain positive. Although the rate of expected hiring decreased to 61 percent from 63 percent in July 2018, half of all carriers are planning to increase their staff by at least two percent in the coming year. Primary drivers for this staffing growth are the expansion of business into new markets and the anticipated increase in business volume. The post-recession recovery continues to influence staffing expectations as 43 percent of insurers reported they would be hiring to fill areas currently understaffed.

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Topics: Labor Market, Recruitment, Insurance

Insights into the Insurance Talent Marketplace: Trends for 2019

Posted by Nikki St. Martin on Dec 21, 2018 12:50:56 PM

The insurance industry stands amid a rapidly evolving talent market. Insurers are now face-to-face with the rise of innovation, emphasis on corporate culture, push for inclusivity and growing temporary workforce. Is your organization prepared?

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Topics: Technology, Analytics, Labor Market, Retention, Recruitment, Insurance Recruitment and Selection, Automation, Diversity, Inclusion, Salary

Holistic Talent Strategies for the Future of Health Insurance

Posted by Joanne Turner on Dec 11, 2018 2:42:25 PM

Written by Joanne Turner, Assistant Vice President, and Blake Grimm, Client Development Manager

The future of healthcare is upon us and it’s offering a chance for payers to lead the industry through innovation and expansion. Global healthcare spending is projected to reach $8.7 trillion by 2020. Organizations are continuously finding smarter and more innovative ways to deliver efficient and effective patient care. The unprecedented growth commands additional job opportunities. According to the Bureau of Labor Statistics, the healthcare industry is expected to add four million new jobs and account for approximately a third of total job growth by 2026.

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Topics: Labor Market, Millennials, Retention, Healthcare, Recruitment, Insurance Recruitment and Selection