{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The Data Behind Insurance\u2019s Retirement Wave with Matt Rigsby","description":"The Data Behind Insurance\u2019s Retirement Wave with Matt Rigsby   Description: Matthew Rigsby is a Principal Researcher for Enterprise Research at The Institutes, where he supports education and professional development through market research and business intelligence projects. His recent work includes a white paper called \u201cTalent Transformation: Key Metrics for the Insurance Workforce,\u201d which explores the impact of the demographic shifts facing the industry. In this episode of In the Know, Chris Hampshire and Matt discuss the findings from this paper about the aging workforce and the loss of institutional knowledge from retirement and technical positions. He also shares how companies see these challenges manifesting in today\u2019s work environment, and the steps they are taking now for a promising future in the insurance industry.   Key Takeaways \u25cf Matt\u2019s career began with teaching in South Africa and South Korea. \u25cf His work at The Institutes married Matt\u2019s business and teaching degrees. \u25cf An overview of the \u201cTalent Transformation\u201d white paper. \u25cf Strategies for approaching the loss of talent in the aging industry. \u25cf Company demographics that Matt approached for the white paper. \u25cf Out-of-the-box approaches to the Silver Tsunami. \u25cf The role of AI in filling the talent void. \u25cf Positive and negative impacts of the retirement wave. \u25cf Changing the traditional model of ranking and seniority. \u25cf Matt\u2019s 5-year look to the future of the industry. \u25cf Surprising findings from Matt\u2019s experience with research in the industry. \u25cf Matt\u2019s insights for anyone considering a career in the insurance industry. \u25cf Upcoming generational research at The Institutes. \u25cf Matt\u2019s advice to his early-career self.   In the Know podcast theme music written and performed by James Jones, CPCU, and Kole Shuda of the band If-Then.   To learn more about the CPCU Society, its membership, and educational offerings, tools, and programs, please visit CPCUSociety.org.   Follow the CPCU Society on social media: X (Twitter): @CPCUSociety Facebook: @CPCUSociety LinkedIn: @The Institutes CPCU Society Instagram: @the_cpcu_society   Quotes \u25cf \u201cI love education research, and The Institutes offers a great way to be doing that.\u201d   \u25cf \u201cThe aging workforce is the number one thing that professionals are worried about across the industry.\u201d   \u25cf \u201cMany respondents could see the positive impact of the retirement wave.\u201d   \u25cf \u201cThere is a lot of knowledge that needs to be passed on, and if it could be integrated into a career pathway, that would be great.\u201d   ","author_name":"IN-the-Know","author_url":"http:\/\/cpcusociety.libsyn.com\/website","html":"