Insurance Is Not Boring

Ellice-Consulting5-150

The insurance and reinsurance business in North America, Bermuda and London has disproportionately relied on young people with a family connection, to attract the brightest and best people to the sector. There is a bifurcation between those young people who stay for a short while and those who build a career in the field. In those first few months and years in the business, the key is the beliefs and behaviours of the “lynchpins”. The formal and informal leaders, customer interface with the organisation, employee development processes etc that hold the whole business together. In firms at the operational level, where there is goal congruency with senior management intent and mutual shared interests, there is a tremendous correlation with bright young people sticking around. Learn to understand what your firm needs to do to dramatically improve its’ ability to attract the future stars.

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