A Note to Those in the Insurance Industry
Tahlia • Nov 07, 2018

I know I’m not the only one who repeatedly states, “it’s not as boring as you think!” when telling someone about the insurance industry.



Like most people I have met within the industry, I ‘fell’ into a career in insurance.


I had been working in an unrelated industry and decided I wanted to work within Financial Services, so I applied for several roles and eventually landed a position at a major insurer.

 

Look At Me Now…


Fast forward a few years, and now I’m a recruitment consultant specialising within insurance. I meet so many talented and driven people that are passionate about what they do with very different backgrounds, and yet almost all of them have a similar story about how they ‘fell into insurance’.


When I first entered the industry, I didn’t have a clue about the intricacies of insurance and I had an image in my head of what an ‘insurance person’ looked like.


This ‘insurance person’ was an older gentleman, sporting a white moustache, worked at the same desk since 1984, and had a wife named Sandra who manages the office.


Although this ‘insurance person’ definitely exists (I’ve come across more than a couple), and in most cases is a valued advisor to many clients, he is certainlu not representative of the vibrant, diverse, and passionate crowd of insurance people that make up the industry.

 

Attracting Top Talent to Insurance


If you’re an insurance person reading this, then you know exactly what I’m talking about. You might even be wondering how you can influence this narrow perception & attract more diverse talent. Good.

It’s in our best interests to attract talented, diverse people to the insurance sector, and it shouldn’t be a job that’s simply left to senior management. Don’t get me wrong – there is great work being done at the senior level to promote change, however it’s up to all of us to get the message out there, and let the true colours of the insurance industry shine!


The current marketing material and website design of most major insurers, underwriting agencies, and brokerages is testament to the fact that they are really trying to change perceptions of the industry.


We’re increasingly seeing simple, colourful, image-heavy styles of design, aimed at attracting a different sort of “insurance person”.


There is also a renewed interest in producing graduate programs that are deliberately designed to compete with the sleek and attractive programs from the Technology, Finance and Legal Industries.

 

It’s Up To Us As Individuals Too


These are all great strategies that will help attract top quality talent to the industry and we can add to this by making our own individual efforts to let our wider networks know about the fantastic benefits a career in insurance offers.


The more that we all make a conscious effort to really sell the benefits of our wonderful and dynamic industry, we will enact a change that will see more and more talented people pursue a career within insurance, whether they be university graduates or established professionals, rather than just ‘fall’ into it.


By attracting top talent to the industry, we bring the qualities that makes them so successful and would have been otherwise been applied elsewhere. They will have the opportunity to help our industry grow, and a thriving industry is something we can all benefit from.

 

My Top 5 Reasons Why A Career in Insurance is Rewarding


If you are reading this and need a reminder of some of the fantastic things that a career in insurance offers, below are my top 5 reasons:


  1. Diverse career opportunities
  2. Constantly changing environment with innovative new products and legislation constantly being introduced.
  3. Chance to build strong relationships across a range of organisations within a well-connected industry
  4. Job security
  5. Build a skillset that is easily transferable across companies and countries

 

If you are considering a change in career I strongly recommend reaching out to a contact within insurance and giving them the chance to convince you to come and join our wonderful industry.


Alternatively reach out to me and I am more than happy to provide information and advice to hopefully give you a better insight into what insurance really is like.

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