Simply Academy Ltd’s Post

Insurance companies are starting to change and expand the way they recruit talent. My colleague Al Crook, Head of HR Business Partners, talks about Zurich North America’s Apprenticeship Program and bringing in new talent to the insurance industry. Read more from Business Insurance here: https://lnkd.in/gMKg8x_n #apprentices #insurance

Insurance companies are starting to change and expand the way they recruit talent. My colleague Al Crook, Head of HR Business Partners, talks about Zurich North America’s apprenticeship program and bringing in new talent to the insurance industry. Read more from Business Insurance here: https://lnkd.in/gMKg8x_n #apprentices #insurance

Insurance companies are starting to change and expand the way they recruit talent. My colleague Al Crook, Head of HR Business Partners talks about Zurich North America’s apprenticeship program and bringing in new talent to the insurance industry. Read more from Business Insurance here: https://lnkd.in/gMKg8x_n #apprentices #insurance

Insurance companies are starting to change and expand the way they recruit talent. My colleague Al Crook, Head of HR Business Partners, talks about Zurich North America’s apprenticeship program and bringing in new talent to the insurance industry. Read more from Business Insurance here: https://lnkd.in/gMKg8x_n #apprentices #insurance

Over the past decade, very little consideration has been made for the progression plans into the insurance industry. It's no secret the insurance industry is facing a talent shortage with top employees leaving (most retiring) from the profession - creating stress and failure points in the market 📉 While efforts have been made to attract new talent through university schemes, apprenticeships, and employer branding initiatives, the question still stands... How can insurance employers ensure that their employees are equipped to fill the talent shortage and progress within the industry? 👇

The Visionpath team has done a huge amount of work in the last 18 months to make specialty insurance a destination career… 💡Bringing the industry to life for thousands of students in schools not reached by insurance employers, as part of our partnership with London Market Group 🏢 Through the Futures Academy with LMG, providing 600+ days of work experience for over 100 A-level students who’d never been in the London insurance market before. 📖 Showcasing the sector to schools, young people and parents through the London Insurance Life Specialty Insurance Careers Guide. 🤝 Helping school leavers secure apprenticeships with BPL, HDI Global Specialty SE and Global Aerospace. And there’s even more to come in 2024! So the team knows a thing or two about how to make insurance a career of choice for young people. Check out our top five tips for making insurance attractive to school leavers. #earlycareers #apprenticeships #futuretalent #schoolleavers #specialtyinsurance #broking #underwriting #claims #socialmobility #careers #employability

My friend asked me what kind of health insurance she should get. She sent me her options, I researched them and made this graphic, and we discussed it on her lunch break. I started by asking her questions about her current and expected use. She could get only the basics—annual and emergency. But if she wanted to splash out and get everything checked, she had great options to do so (0% coinsurance !!) After that, I explained some terms such the HSA. I could’ve said, “It lowers your taxable income” but as I’ve learned in The Externship, I needed to translate it to the client’s everyday life. So instead, I said, “You’ll get an 11% discount on seeing your psychiatrist by contributing to your HSA first and then paying for the visits” and I could hear her perking up with excitement (Everyone loves a discount). Both events are true but one translates to her lived experience. By the end of our call, she revealed that her dad (a personal finance expert) already told her which plan to get. But she didn’t want to continue doing “whatever her dad said”; she wanted to learn how to make the decisions on her own. And thanks to our conversation, she is one step closer. Thank you Hannah Moore, CFP® Amplified Planning for lessons learned and those to come & thank you BLX Internship Program for making this possible. #financialliteracy #personalfinance #financialplanning #theexternship #healthinsuranceislowkeyconfusing

With massive retirements on the horizon for the Canadian P&C insurance industry, one organization is taking a multi-faceted approach to address the ‘talent crisis.’ The McGannon Foundation is ‘laser-focused’ on promoting the risk management and insurance profession in Canada through unique and distinct scholarships and student involvement programs, board member Hobby Pardo tells Canadian Underwriter. It’s also looking at the possibility of other initiatives, such as a program of internships and expanding existing college insurance programs. #recruitment #industryresearch #insurancecareers #insuranceindustry #brokersworkforyou

With our powers combined... we can solve the talent gap! 💍 🌐 It really is such a complex issue, it can be hard to know where to begin. However, as we engage with talent and better understand their needs, potential areas of focus emerge. Groups like Gamma Iota Sigma are tackling one of those areas we need to work on - supporting students' interest in RMI careers. I'm still navigating the best ways to leverage my own talents and sphere of influence, but I am confident that all our efforts are making an impact! #InsuranceCareers

The insurance industry has been ramping up its recruitment and retention efforts. By rebranding to enhance its appeal, adopting new technologies that resonate with younger talent, and establishing internship and apprenticeship programs, the industry has made significant strides in attracting and nurturing new professionals. These initiatives are designed to strengthen the talent pipeline, ensuring that the industry remains dynamic and well-equipped to meet future challenges. What changes are you witnessing in the industry as a result of theses efforts? Would love to hear your thoughts in the comments below. #Insurance #Recruitment #Retention #Talent