Frank's Corner

As some of you may know one of my largest areas of concentration personally within IRES has been in the role of not only an insurance recruiter but also managing a significant insurance recruiting specialty at our IRES, Inc search firm.

Recently a recruiting trainer seemed to believe the insurance industry was immune to the recent 2008-2009 downturn. He was of course, dead wrong.

In fact the insurance industry, which is a significant portion of the U.S. Gross National Product, suffered second only to the banking industry. Agency owners have cut back headcount between 10 to 50% in many cases. While insurance carriers (companies) have struggled to hold on to current talent while also laying off.

While hiring continues it does in key, mission-critical areas such as sales, revenue generation, marketing, production, and producer-oriented underwriting.

This entry was posted on Thursday, May 27th, 2010 at 8:48 pm and is filed under Recruiting News. You can subscribe via RSS 2.0 feed to this post's comments. You can comment below, or link to this permanent URL from your own site. Your comments will appear immediately, but I reserve the right to delete innapropriate comments.