There's a real and palpable talent crisis in the industry that is causing tension between the old guard of the insurance industry and millennials, the fastest-growing consumer base and workforce. If the recent tech industry boom has taught us anything, it's that young people will work long hours at high-pressure jobs—but they must be passionate about what it is they do and receive mentorship that helps keep them engaged.
At this year's Valen Analytics Summit, presenters including Rob Darby, president of Berkshire Hathaway, and Martin Welch, CEO of Hawaii Employers' Mutual Insurance Co., discussed how to attract millennials and utilize their skills—along with industry veterans—to create a more modern and competitive insurance company. Here are a few things that help them when screening potential candidates:
1. Look for analytic aptitude
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