Instant Insights / P&C Insurance Careers: Bridging the talent gap

The insurance industry is undergoing rapid change and disruption. For those comfortable with technology and enjoy variety in work, there's never been a better time to consider a career in property & casualty insurance.


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word-of-mouth is a key component to recruiting millennial talent. (iStock) Word-of-mouth is a key component to recruiting millennial talent. (Photo: iStock)

You see it every day: Another baby boomer coworker packing up their belongings and setting out on the road to retire. Trying to fill these positions can be a challenge. So here are three short, simple questions to evaluate whether your agency is as appealing to millennials as avocado toast.

No. 1: How do you announce job openings, and where do most of your recruits come from?

For potential candidates who may not know about your company, LinkedIn and online job postings are valuable methods to reach the right audience. These platforms are effective at communicating current openings, however Vertafore’s fifth-annual “Millennials in Insurance” report surveyed 1,252 professionals and found that referrals and word-of-mouth from friends and family speak volumes when reaching the right audience. In fact, 36% of millennials were recruited through employee referrals. Take advantage of the 87% who would recommend a career in insurance to friends and offer new-hire or referral incentives to further motivate employees to tap into their networks.

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