Insurance Hiring Booms, Despite Talent Shortages
A survey by GreatInsuranceJobs.com—an industry employment website—indicates that insurers are on a hiring spree, but have difficulty finding new talent. The website’s “2018 Insurance Industry Employment and Hiring Outlook Survey,” found a combined 8,454 jobs openings in the 64 companies surveyed. Scott Kotroba, GreatInsuranceJobs president and co-founder, said companies are trying to keep up with new job requisitions, and replace retirees as well as short-term millennial workers who stay only for 12 to 18 months. According to the survey, more than 13,300 additional jobs will open in the last three quarters of 2018, and companies expect more hiring than in the previous year.