How to Hire Millennials – and Make Them Successful

August 22, 2017

In a recent issue of Independent Agent Magazine, ANE CEO John K. Tiene discussed how to win the talent battle agencies like yours are facing. ANE, Agency Network Exchange, helps independent agents grow and stay independent.

Most insurance agencies are staffed primarily by baby boomers. How is your agency going to manage when your experienced producers and personnel who keep your clients happy retire?

The answer is millennials.

You might think millennials are job hoppers. Many millennials think the insurance industry isn’t for them. Here are some insights to help bridge the divide – millennials:

  • Value job enjoyment above compensation, followed by job security and flexibility
  • Are the most connected generation in history
  • Want to understand how their work impacts clients, their employers and the world in general

Unfortunately, 80 percent of them have limited knowledge and understanding of the employment opportunities available in insurance. But, once they join the industry, 90% say their insurance careers provide job satisfaction, financial stability, and most plan to remain in the industry.

That’s one reason why we work with GAMMA IOTA SIGMA – the national fraternity for insurance, risk management and actuary science students. ANE can connect member agencies with interested students and graduates for internships and jobs.

If you are facing the millennial hiring challenge, learn more in our article (download). Then give us a call. We can discuss hiring – and help you solve any other issues your agency may face.