Hiring the next generation of insurance professionals. The main challenge working against insurance recruiters is that today's talent has little knowledge about the benefits of working in the industry. However, insurance companies have the power to change this. (Photo: fizkes/Adobe Stock)

It is a well-known issue that the insurance industry is vastly understaffed. In fact, 53% of property & casualty insurance companies plan to aggressively hire within the next 12 months to close their talent gaps, according to Aon and The Jacobson Group's Q3 2021 Insurance Labor Market Study. The study also revealed that insurance firms are finding it increasingly difficult to fill open positions across their organizations, from operations and claims to analytics and underwriting.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].