What piece of advice would you give to young claims professionals?

Grace Hanson of Homesite Group and three others answer this month's question.

August 22, 2016 Photo

“Bloom where you are planted. A memorable career consists of multiple successes over the course of one’s life.
It’s easy to be discouraged by various circumstances, but a successful person can take on any challenge and ultimately create victory.” 

1. GRACE HANSON, SVP, Chief Claims Officer, Homesite Group. CLM Fellow since 2010.


 

“The best claims professionals are not the ones who always know the right answer; they’re the ones who always know how to ask the right question. If you know how to ask the right question, you will always find the right answer. Remain curious. Remain passionate.”

2. WILLIAM SCHRIMPF, SVP, Chief Claims Officer, American Mining Insurance Company. CLM Fellow since 2013.


 

“My advice is more like a recipe with several ingredients. I would say, ‘Work hard, ask questions, learn as much as possible, and remember to be nice to people, as they will make it all worthwhile.’”

3. ANNE BLUME, Shareholder, Cozen O’Connor. CLM Member since 2008.


 

“The P&C business is undergoing massive change. Young professionals who can blend traditional insurance fundamentals with technology, analytics, and consumer behavior will be the ones to succeed and help shape what our industry will look like 20 years from now.”

4. NELSON TAVARES, Senior Vice President, Claims, W.R. Berkley Corporation.CLM Fellow since 2012.


 

25%

Percent of insurance industry employees within five to 10 years of retirement by 2018.  

Source: Pricewater-houseCoopers

75.4 Million

Number of millennials in America (born between 1981 and 1997), surpassing baby boomers as the largest living generation.

Source: Pew Research Center

4%

Percent of millennials who put the insurance industry on their work wish list.

Source: The Hartford

91%

Percent of insurance industry companies with current job openings.

Source: GreatInsuranceJobs.com

4.6

Average number of years workers are sticking with their current jobs. 

Source: U.S. Bureau of Labor Statistics

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About The Authors
Bevrlee J. Lips

Bevrlee J. Lips was managing editor of Claims Management magazine (now CLM Magazine) from January 2012 until March 2017.  blips@claimsadvisor.com

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