Insights

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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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