10 November 2015 Insurance

Insurance industry collaborates to entice new talent

A collaborative of insurance carriers, trade associations and industry partners have launched the first-ever Insurance Careers Month to be held during February 2016.

Insurance Careers Month is the kick-off of a cross-industry, multi-phased initiative designed to raise awareness of the dynamic career opportunities in the risk management and insurance profession and to recruit the next generation of industry leaders.

Hamilton Insurance Group; MyPath, powered by The Institutes; Valen Analytics; The Jacobson Group; InVEST; and PCI have designated February for a month-long focus on careers in insurance. It’s the first part of a campaign promoting insurance as “the career trifecta”, a phrase chosen because it encapsulates the three key attributes of a job in insurance: it’s stable, it’s rewarding, and it’s limitless.

Leading industry CEOs, including Brian Duperreault of Hamilton Insurance Group, Inga Beale of Lloyd’s of London and Dan Glaser of Marsh & McLennan Companies, have already lent their support to Insurance Careers Month, publishing an  open letter calling for brokers, carriers and business partners to get involved.

“Our industry is at a critical juncture, with new risks fueled by rapidly evolving technology,” said Duperreault. “It’s an exciting time to work in companies that help keep individuals, families, communities and governments safe. If a young person wants a purpose-driven career, he or she will find it in insurance. ”

Individual companies and organizations interested in participating in Insurance Careers Month will be encouraged to broaden their local outreach and share what makes the industry a great place to work, amplifying the message that the insurance industry is hiring and has solid opportunities to offer next generation talent.

June Holmes, COO and Treasurer, at PCI, added: “PCI is proud to take part in this initiative to help attract millennials to the insurance industry, as it really offers them exciting opportunities for innovation. Some of the ways insurers are innovating is by developing new solutions to meet the demands of cyber security, green technology, the sharing economy and other emerging trends.

“To attract millennials into our industry, we need to better tell our story and connect on issues important to this generation.”

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