Tuesday, October 25, 2005
Lucas Group Reports As Insurance Market Shifts, Job Opportunities Shift
Lucas Group, a leader in professional recruiting, reports career opportunities in the insurance industry are increasing in core product and business lines, as well as product management.
The industry as a whole has focused its attention away from niche products, which are considered riskier classes of business, and with the shift in focus comes a shift in employment opportunities.
"What we currently see in the industry is a shortage of qualified talent," said Scott Faurot, managing partner and insurance search consultant for Lucas Group, San Diego. "Companies have been reluctant to train entry-level staff on underwriting basics, claims and business development. Ten years ago, training was critical to the successes of these departments, but training programs were cut when budgets were slashed. Because they are difficult to find, the most valuable candidates are those with a well-trained, well-rounded knowledge of all core insurance products."
Lucas Group Reports As Insurance Market Shifts, Job Opportunities Shift
Source: Insurance News Net
The industry as a whole has focused its attention away from niche products, which are considered riskier classes of business, and with the shift in focus comes a shift in employment opportunities.
"What we currently see in the industry is a shortage of qualified talent," said Scott Faurot, managing partner and insurance search consultant for Lucas Group, San Diego. "Companies have been reluctant to train entry-level staff on underwriting basics, claims and business development. Ten years ago, training was critical to the successes of these departments, but training programs were cut when budgets were slashed. Because they are difficult to find, the most valuable candidates are those with a well-trained, well-rounded knowledge of all core insurance products."
Lucas Group Reports As Insurance Market Shifts, Job Opportunities Shift
Source: Insurance News Net
Permalink posted by armandn @ 11:28 AM 
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