It's a stark statistic: Nearly one-half of the professionals in the insurance industry today are 45 years or older — and one-quarter of the industry will retire by 2018. To address this trend, the industry can recruit and hire millennials, those born after 1980 and the largest-growing demographic in the U.S.
While 61% of young people said that they would like a job that includes analyzing risks and recommending solutions, according to The Institutes' report "Millennial Generation Attitudes About Work and the Insurance Industry," less than 10% are interested in working in insurance.
The insurance industry must become an employer of choice for this generation. Nearly 400,000 jobs will be available by 2020, and now is the time to lay groundwork. Read advice from these standout young producers, brokers, risk managers, consultants and account executives.
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