Graduating college can be stressful, exciting and filled with uncertainty. For many graduates, it is the first time in their life that school is not the next step. Instead, they must contemplate what career they’d like to pursue. There are many factors to consider when career planning: pay, benefits, stability, location, culture, type of work, etc. Accounting for all these variables can be overwhelming. Where does the insurance industry fit into this complicated process?

Why Insurance?

Insurance is unique in its stability and job security. It has a reputation for being mostly recession-proof, as it is necessary whether the economy is good or bad. Because insurance is nearly omnipresent, job seekers can find possible employment opportunities anywhere. The industry's strength also promotes competitive salaries and benefits, especially in sales, underwriting, management and actuarial work. The insurance landscape can be overwhelming due to its complex terminology, acronyms, and numerous industry concepts. Additionally, insurance involves many players and layers, requiring a solid understanding of the structure and roles within the industry. These roles require various skills, attracting people with well-rounded competencies like math, communication, critical thinking and logic. Insurance is also modernizing in many exciting ways, particularly in technology like artificial intelligence and data analytics. For some younger professionals, this is a great opportunity to be at the forefront of modern business.