Canadian Underwriter

Keyword
talent

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How McGannon Foundation is approaching talent recruitment

March 1, 2024 by Jason Contant

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

In-the-classroom learning
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How industry professionals are tackling talent recruitment

February 28, 2024 by Jason Contant

Canada’s P&C insurance industry is looking at everything from career fast-track programs to scholarships and student involvement programs to handle talent recruitment challenges. Recruitment has long been an industry challenge. In late January, the Insurance Institute of Canada, the industry’s

Training people for success
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How firms are training tomorrow’s talent

January 8, 2024 Alyssa Di Sabatino

Intermediate and senior underwriting positions are opening up across the industry. That has firms looking for ways to cultivate junior underwriters into successive roles. The issue, though, is that learning curves can be steep for new hires. Up-and-coming underwriters are

Social media hiring
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Why you should use consumer advertising to recruit talent

December 4, 2023 by Jason Contant

Canadian P&C insurance industry companies may want to consider leveraging existing consumer advertising tactics, including social media channels like TikTok, and apply them to recruitment efforts. It’s no secret the industry continues to face a ‘war for talent,’ particularly as

Empty store shelves representing a labour shortage
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Addressing a shortage of qualified commercial underwriters

November 28, 2023 Alyssa Di Sabatino

Nicholas Hudescu is a rarity in the insurance industry. The 23-year-old attended Wilfrid Laurier University, earning a Bachelor of Business Administration degree specializing in insurance and risk management. While there, he joined the student-run Laurier Insurance and Risk Association (LIRA)

Online recruitment
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How automation is helping brokerages onboard new talent

June 30, 2023 by Jason Contant

Onboarding new insurance employees remains a major pain point for brokerages, but digital technology is making that process easier, attendees to a recent Canadian Underwriter webinar heard.  Automation can help brokerages with marketing, business growth, sales transactions, and to connect

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Where brokerages stand on increasing compensation to attract talent

June 21, 2023 by Jason Contant

Few Canadian P&C brokerages are looking at increasing compensation to attract and retain talent, even as they continue to try to distinguish themselves from their competition, a new industry report found. Like many industries, insurance has seen a shortage of

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Why the P&C broker talent crunch won’t end soon

April 28, 2023 Philip Porado

While the hard market’s still a huge challenge for Canada’s broker distribution channel in 2023, finding qualified workers was also top concern for brokers. So said more than 150 nationwide respondents to Canadian Underwriter’s 2023 National Broker Survey. The survey,

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Why the industry needs to stop saying they “fell” into insurance

April 20, 2023 by Alyssa DiSabatino

If you asked a room of insurance professionals how they got into the business, they’ll probably tell you they “fell into it.”  But the industry is doing itself a disservice by being so “self-deprecating,” suggested Rob Marsh, president of Liberty

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Easy ways to attract top talent

March 1, 2023 by Jason Contant

P&C insurance industry employers should appeal more to what prospective job seekers are looking for, rather that simply listing a series of duties in a job posting, an executive at a recruitment firm suggested. “Job advertisements often can read more

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Why smaller brokerages have an edge in the talent war

February 27, 2023 by Jason Contant

Smaller brokerages have a competitive advantage in some instances when it comes to retaining talent as they potentially have more flexibility than their larger counterparts, a recruitment firm executive told Canadian Underwriter. Smaller brokerages can sometimes offer employees greater access

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3 questions to ask before leaving your P&C job

February 10, 2023 by Jason Contant

As the war for talent rages on, Canadian P&C industry professionals would be well-advised to consider what actually makes them happy before leaving a dissatisfying job. A recent Harvard Business Review blog, while addressing a general audience, easily adapts to