From: Captive International

Attracting and keeping employees is an increasingly important issue for captive insurance companies as the fallout from the ‘great resignation’ continues to hit the industry.

A panel at CICA 2023, titled ‘What do next gen professionals value most in a job?’ identified a wide range of priorities that were seen as being important to the younger generation coming up through the ranks.

The panel was made up of young professionals that included Karin Landry, managing partner at Spring Consulting Group, Natalie Lemery, senior captive administrator at NFP RISC, Brittany Nevins, captive insurance economic development director at the State of Vermont, and Kirsten Scheels, senior accounting manager at Pro Group Captive Management Services.

Employment related issues flagged up by the panel included health and happiness, childcare, paternity leave and having a long term career.

Long term career development was highlighted as the panel swapped anecdotes about training or certification requests being denied by employers after changes in management, with some then resigning and moving on to another job.