What does the future of life insurance look like?
As one of the top actuarial talent providers, Nicole Mahoney, VP Head of Life & Annuity Actuarial Recruitment has never seen the market this busy, and anticipates it only getting hotter. There are more jobs than physical actuaries to fill those gaps, so it is crucial that companies understand the key trends taking place, and how they can adapt and embrace to these challenges and changes. Nicole shares her industry insights here, as well as key takeaways after attending the Refocus Insurance Conference , where she once again saw the industry going from strength to strength. Talent shortages It seems as if every single industry is facing the same problem – a tight talent pool. And while a candidate-driven market is nothing new, what is interesting about the life insurance sector, is that there is also a tightening of potential sales. Nicole explains: “One point that was particularly interesting during the Refocus Insurance Conference was that lower birth rates creates a two-pronged