Ecclesiastical’s survey of 250 brokers across the UK found that while they are keen to hire young talent, most are struggling to recruit those aged 30 and under.
In fact, 80% of the brokers surveyed said they want to hire young people principally to bring new ideas and skills and help with succession planning. However, according to the Pew Research Centre only 4% of millennials are interested in working in insurance and a recent Insurance Census revealed that the number of young people entering the market has dropped from 18% in 2015 to 10% in 2017.
Featuring quotes from brokers aged 30 and under, this report focuses on how the broker market can attract the next generation of talent.
• Why should young people enter the broker market?
• Broker concerns about a potential talent crisis.
• Attracting and retaining young talent.
• Strengths and weaknesses of younger employees.
• What more can be done?