By Mary Ann Cook, SVP Knowledge Resources, The Institutes, and Executive Director, American Risk and Insurance Association (ARIA)

In the risk management and insurance (RMI) field, finding and recruiting the right talent is a bit like hunting a mythical creature. Legend has it, applicants, with the right skills and interest in RMI exist, but sightings are few and far between.

With a quarter of insurance professionals less than 10 years from retirement, the much-publicized talent gap in the insurance sector has put considerable focus on the need to seek out that elusive talent early in their careers and on college campuses. Stereotypes, and even some surveys, suggest that college students and young people aren’t interested in RMI jobs. In my own research, the preliminary results suggest the exact opposite. Talented, eager and engaged future insurance professionals are right in front of us. We just have to know where to look. From there, it’s a two-step process to helping them launch and maintain an RMI career.

Read the complete article here.

By Sara Benton, CFP®, ChFC®, Financial Planner, Prudential Advisors

As I think of this time of year, a new school year is starting for students everywhere, those that had graduated are starting off on their new adventures and there’s a new class at the top leading the way. This same cycle takes place in companies and offices across our nation.

According to the Pew Research Center, millennials are expected to outnumber Baby Boomers in 2019. With more Baby Boomers retiring each year, the next generation of leadership in the workplace will need to step into their new leadership roles relatively soon. The first thing I think of is the timing of this evolution. The next generation needs to gain the experience and knowledge and they need to do it quickly. With that said, this next generation has many more tools and resources than the previous leadership generation had. Workplace education, mentorship programs, seminars and symposiums are all resources that the next generation has at their fingertips to propel them into this new leadership role.

Read the complete article here.

By Nicole Dupuis, Director of Foundational Training at Forest Hills Financial Group

What you don’t often hear is without great power, what do you get? Well, having been in past positions where I had very little power — power to make changes, power to voice concerns and ideas, power to move to another level — I can tell you that as people expect less from you, you begin to expect less from yourself. In other words, with little power comes a small amount of responsibility. People around you don’t expect anything out of the ordinary from you, partly because you don’t expect it either.

Read the complete article here.

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For more than 80 years, WIFS has been committed to attracting, developing and advancing women in the insurance and financial services profession. Members, partners, exhibitors and sponsors benefit from connection and mutual respect for professional development and education-focused interaction rather than career opportunity promotion.