Insurers can’t hire fast enough to replace the workers that are leaving

Insurance carriers currently employ about 1.56 million people in the US, which is down about 85,000 jobs from 2020. This reveals an interesting trend in insurance recruitment and retention.

“This is not because insurance companies are not hiring people; they’re trying to hire lots of people,” said Greg Jacobson, CEO of The Jacobson Group. “I looked at the percentage of people that are being laid off in the financial services industry, and the percentage of people that are quitting on their own volition in the financial services industries [and] we are at the lowest in the last 10 years in

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