The mission of the Wholesale & Specialty Insurance Association (WSIA) Career Development Committee is to create awareness of and interest in careers in the wholesale, specialty and surplus lines among college students. (Photo: Rawpixel/Shutterstock.com)
The insurance industry is used to dealing with surprises, but the last couple of years have shocked some of the best prognosticators. With the world economy struggling to make a comeback after the COVID pandemic, a challenging labor market makes recovery difficult for many industries. The insurance sector is no different, as it struggles to close a widening talent gap.
Tim Chaix, chair of the Wholesale & Specialty Insurance Association (WSIA) Career Development Committee, notes that the competition for new hires has increased in recent years, forcing some changes. "As employers," he says, "we have to put our best foot forward just as we would expect prospective employees to do. Recruitment is a two-way interview now more than ever."
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