[gallery size="full" ids="171238,171239,171240,171241,171242,171243,171244,171245,171246,171247,171248,171249"]
"Talent crisis." This dilemma has plagued the insurance industry for years as waves of retirees exit the business with too few skilled workers to replace them.
According to the Pew Research Center, nearly 10,000 baby boomers retire each day in the U.S., and about 25% of them leave positions in the insurance and financial services sector. This has created an intense need for insurance companies to bridge the talent gap, with an estimated 400,000 positions expected to open up this year alone, according to the report, "The Future of Insurance: Bye-Bye Baby Boomers, Hello Digital Natives," from Applied Systems and InVEST.
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
Already have an account? Sign In Now
© 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.
Heather A. Turner
Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].
