In the past six weeks we have had hundreds of new insurance industry jobs posted to our job board. Lets get these jobs back! Pass the word. http://www.insurancejournal.com/jobs
This doesn’t surprise me one bit since the market is soft and the economy not good. Carriers are looking to cut expenses, outsourcing a lot of what they used to do with employees and using technology like downloading instead of mailing so they use fewer employees. They push much of the cost off on the agents and then cut the contingencies an agent can earn. We wake up in a different world everyday.
Interesting article. What I have been seeing here is that while we are doing very good and continuing to hire new people, we are also trying to become more efficient. Seems like some jobs are being lost to automation type purposes/consolidation and what not as well as people close to retirement who arent doing much being hurried out. Ups and downs it seems like.
Prolonged hiring freezes. Letting go of experienced talent. Poor job over the past decade getting young new talent interested in insurance so that knowledge can be transferred from fast approaching boomer retirees. Heading into a hard market. Cant automate fast enough. More complex risk underwriting cant be automated. Struggling to “touch” as many files that will need to be re-reviewed by underwritng. Cant outsource real underwriting. Growing desire to have more control over claims handling process again given loss ratios. Companies will quickly find themselves scrambling for talent. My prediction, there will be an employee’s market in insurance in the not so distant future; despite the additional automation. Interesting paper on the talent gap published by The National Alliance. See the book “Workforce Crisis” as well.
Times have been tough. The good news is that we are hiring agency owners at Allstate. Our agencies sell a variety of insurance lines from auto to property to life/annuities/retirement products. If you know anyone interested in discussing the opportunity, please let me know. We’re looking for folks in many areas. I work in the Chicagoland market.
Anyone tried to hire an experienced, licensed customer service rep for an agency lately? Anyone who does apply wants $60K+ as entry level clerk. Small family businesses cannot afford those wages.
Maybe if you realized that a CSR is not a clerk, you’d have better luck.
Hire an administrative assistant, they are not so expensive, and don’t require a license.
However if you want a CSR, you will have to pay for a professional who will be a valuable member of your agency staff. If you’re near a major city $50,000 is about bottom.
How many of the 2,100 jobs were moved out of the country?
In the past six weeks we have had hundreds of new insurance industry jobs posted to our job board. Lets get these jobs back! Pass the word. http://www.insurancejournal.com/jobs
This doesn’t surprise me one bit since the market is soft and the economy not good. Carriers are looking to cut expenses, outsourcing a lot of what they used to do with employees and using technology like downloading instead of mailing so they use fewer employees. They push much of the cost off on the agents and then cut the contingencies an agent can earn. We wake up in a different world everyday.
Interesting article. What I have been seeing here is that while we are doing very good and continuing to hire new people, we are also trying to become more efficient. Seems like some jobs are being lost to automation type purposes/consolidation and what not as well as people close to retirement who arent doing much being hurried out. Ups and downs it seems like.
Good Call Dad!
yeah, my company is outsourcing to India. Many of my coworkers have lost their jobs. Very depressing.
Prolonged hiring freezes. Letting go of experienced talent. Poor job over the past decade getting young new talent interested in insurance so that knowledge can be transferred from fast approaching boomer retirees. Heading into a hard market. Cant automate fast enough. More complex risk underwriting cant be automated. Struggling to “touch” as many files that will need to be re-reviewed by underwritng. Cant outsource real underwriting. Growing desire to have more control over claims handling process again given loss ratios. Companies will quickly find themselves scrambling for talent. My prediction, there will be an employee’s market in insurance in the not so distant future; despite the additional automation. Interesting paper on the talent gap published by The National Alliance. See the book “Workforce Crisis” as well.
Times have been tough. The good news is that we are hiring agency owners at Allstate. Our agencies sell a variety of insurance lines from auto to property to life/annuities/retirement products. If you know anyone interested in discussing the opportunity, please let me know. We’re looking for folks in many areas. I work in the Chicagoland market.
Anyone tried to hire an experienced, licensed customer service rep for an agency lately? Anyone who does apply wants $60K+ as entry level clerk. Small family businesses cannot afford those wages.
Maybe if you realized that a CSR is not a clerk, you’d have better luck.
Hire an administrative assistant, they are not so expensive, and don’t require a license.
However if you want a CSR, you will have to pay for a professional who will be a valuable member of your agency staff. If you’re near a major city $50,000 is about bottom.