MARGARETS I NSI DER VI EW AGI NG W ORKFORCE Insurance employs 1 6 9 - - PowerPoint PPT Presentation

MARGARET’S I NSI DER VI EW

AGI NG W ORKFORCE

 Insurance employs 1 6 9 ,0 0 0 aged 6 5 + .  The insurance median age 4 5 yrs. vs. m edian age 4 2 yrs. for others.

SUCCESSI ON PLANNI NG

 6 2 % of insurance companies DO NOT have CEO succession plan  7 0 percent of organizations would be unable to im m ediately have a new CEO in place in event of an em ergency

Source: BLS, The Jacobson Group and Carrier Management Succession Planning Survey 2016

MARGARET’S I NSI DER VI EW

DI VERSI TY AND I NCLUSI ON ACTI ON RI SE OF THE CANDI DATE MARKET

Overall Unem ploym ent

Insurance

3 .8 % 1 .5 %

9 7 percent of companies now have a D&I strategy in place. Millennials and Gen Z are key. Forward-thinking m indsets w in!

Source: BLS, Harvard Business Review

MARGARET’S I NSI DER VI EW

VUCA Landscape

 Volatile  Uncertain  Complex  Ambiguous

Adaptable Networked Collaborative Self-Aware Boundaryless

By 2 0 2 2 , global m obile w orkforce is expected to reach 1 .8 7 billion, accounting for 4 2 .5 % of the w orldw ide w orkforce. CHANGI NG W ORKFORCE

BI RTH OF THE AGI LE LEADER

Source: Strategy Analytics