According to the Bureau of Labor Statistics, by 2022 the insurance industry will need to replace more than 295,000 actuaries, agents, analysts, claims adjusters, claims/policy clerks, software developers and underwriters.

In addition, there's a shortage of candidates to fill those roles.

In a February 2016 PC360 article, "5 ways you can help recruit the next generation of insurance professionals," authors Ed Largent and Chris Paterakis write that graduates from the 40 colleges and universities can only fill 10 percent to 15 percent of the available jobs. 

Continue Reading for Free

Register and gain access to:

  • 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.