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Insurance Industry Must Address the Growing Talent Gap

Insurance Industry Must Address the Growing Talent Gap

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March 2017

As increasing regulatory requirements continue to drive complexities surrounding the insurance industry, it is critical for the industry to become more proactive in addressing a growing talent gap that is becoming all too common. What are the reasons?

Every generation of employees has different job motivators. The baby-boomer’s value in “security” is being replaced with millennial’s need for “excitement”; “profit” is being replaced by “societal contribution”; “laboring” is being replaced with “innovating.” It is ironic that a generation known as a generator of change, is again changing—this time is mass retirement.

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