As I write this, the implications of baby boomers on the verge of retirement loom large. Very large. At ACE, the weary, yet optimistic visages of those who have spent decades of their lives providing dedicated service to the claims profession silently implore me—or in most cases, not so silently—to answer the familiar question of “What are we doing to attract fresh talent?” As we brace ourselves for the precipitous decline in both bodies and knowledge, perhaps the more urgent questions are “ What should we be doing?” and “What exactly is the holdup?” The time for merely pondering the impending deficit is over. Now is the time for decisive action.

But the P&C industry and overall corporate landscape in the U.S. look a smidge different than when these veterans “enlisted” for a career in claims. Alan Hlad of the Westfield Group raised some excellent points about our PR disadvantage in general and the effect on Millennials' perception of the industry. So how can companies create a culture that is both efficient and appealling to Generation Y's sensibilities? About this time last year, the Harvard Business Review (HBR) polled 2,200 of this demographic to gauge work behaviors and preferences, concluding that most respondents expressed a desire for flexible schedules and employment at companies where “strong values” were evident. Various articles published since then have asserted a clear preference for companies to demonstrate a sincere investment in bettering the community and, well, the world as a whole.

Idealistic? Absolutely. Impossible? Absolutely not. Sure, laymen would say our industry is not historically known for progressive stances. There is a lot we aren't telling them, though. I urge you to read Claire Wilkinson's latest post, “Pride Round-Up 2011” on the I.I.I. diversity blog, as it details how our industry advocates corporate equality and projects that strengthen communities. Let me know what you think!

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