Insights

A selection of reference and thought leadership pieces

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The Future of Retirement

Age Wave, in partnership with Bank of America Merrill Lynch, undertook nine landmark studies focused on all aspects of life in retirement. To complete this body of work, the Age Wave team reviewed thousands of papers, reports and datasets, conducted over 140 expert interviews and 43 focus groups, surveyed 50,000+ respondents, and put in 70,000+ collective work hours. These landmark studies have garnered 10B+ media impressions to date. All nine reports followed by a few representative media impressions have been compiled into this document for your convenience. • Americans’ Perspectives on New Retirement Realities and the Longevity Bonus, 2013 • Family & Retirement: The Elephant in the Room, 2013 • Work in Retirement : Myths and Motivations, 2014 • Health & Retirement: Planning for the Great Unknown, 2014 • Home in Retirement: More Freedom, New Choices, 2015 • Giving in Retirement: America’s Longevity Bonus, 2015 • Leisure in Retirement: Beyond the Bucket List, 2016 • Finances in Retirement: New Challenges, New Solutions, 2017 • Women & Financial Wellness: Beyond the Bottom Line, 2018

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3 Proven Insurer Strategies for Managing the Talent Gap

Introduction // For over a decade, those responsible for corporate talent management, succession planning and knowledge transfer have been concerned with the maturing of the baby boomers. In its own attempts to address the graying workforce, the insurance industry has faced challenges recruiting college graduates and millennials. The industry recognizes that skill gaps in the workforce and reputational issues of the industry require an innovative response to talent acquisition. Within this paper, we highlight current and projected employment statistics for the industry and present three strategies to address the property/casualty industry’s talent acquisition needs and the challenges ahead.

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