Analysis

Securing younger staff: How is the insurance sector seeking to change its age profile?

By 2024-06-28T07:00:00

looking for talent

Graduate schemes cannot be the only talent attraction tool in insurance firms’ arsenal if they wish to change the age profile of the industry

Encouraging younger people into the insurance industry is vital to ensure the sector’s longevity. An article by insurer RSA, published in September 2023, explained that “about half of [the] people working in the London market are aged over 40, while 26% of workers in the UK insurance market are aged over 50. These people are experienced and talented – but they won’t be working forever”.

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