Insurance Industry News & Views - September 2 2020
Alyssa Bouchard, CPCU, ASLI, ARM is Director, Education & Programming at Gamma Iota Sigma. With a growing network of chapters throughout North America, Gamma Iota Sigma leads the sustainable growth and diversification of the insurance industry’s student talent pipeline. GIS members benefit from world-class programs, innovative partnerships, critical industry support, expansive campus engagement, and an unrivaled lifelong professional network. We caught up with Alyssa to ask a few questions about the challenges that insurance companies face in recruiting new talent, the impact of COVID-19 on the early talent pipeline, and how to make insurance more attractive to a younger generation of workers.
Alyssa, before COVID-19, the insurance industry faced a different crisis: How to attract younger millennial and Gen Z talent to the industry. What impact has COVID-19 had on the industry’s early talent pipeline, and have insurance companies’ priorities shifted when it comes to recruiting and hiring as they cope with the ongoing impacts of the pandemic?
The talent gap still exists, even in a pandemic, so it’s critical that we as an industry continue to invest in the future of talent. Our future workforce and continued sustainability depend on it. Fortunately, the insurance industry is resilient, and through this crisis we’ve further proven our ability to pivot.
GIS was already a thriving single access point to thousands of students at nearly 100 schools, and with looming uncertainty and limited campus engagement for the current academic year, industry partners are increasingly doubling down on that centralized access to maximize their exposure and engagement. We consistently heard this through a series of Recruiters Roundtable calls we convened since April in an effort for industry colleagues to field questions, share best practices, and benefit from resilience resources GIS has compiled for both industry and student audiences. The need and intent to continue recruiting and continue showing up for students is clear.