Statement from Carrie Martinelli, Vice President, Talent, Selective Insurance, on Insurance Careers Month and the Benefits of a Unique Career Path in the Industry

Rhea-AI Summary

Selective Insurance highlights the significance of Insurance Careers Month on February 22, 2023, emphasizing the industry's role in societal recovery and the vast career opportunities it presents. The informal survey shows 42% of employees joined without prior experience, indicating a diverse workforce. Key benefits of working in insurance include:

• Diverse Roles: Offers a range of positions beyond traditional roles.
• Professional Development: 96% prioritize skill development, with training and mentorship available.
• A Sense of Purpose: Employees aid communities by ensuring valuable assets are protected.

Selective is recognized as a top employer and has an A+ rating from AM Best.

Positive

• 42% of employees have no prior insurance experience, indicating a diverse and welcoming workforce.
• 96% of employees value continuous professional development, supported by training and mentorship opportunities.
• Recognized as a leading employer with a strong corporate reputation, including certifications as a Great Place to Work.

Negative

• None.

BRANCHVILLE, N.J., Feb. 22, 2023 /PRNewswire/ -- February is Insurance Careers Month, a time to celebrate the industry's positive impact on society and the broad career opportunities it offers nearly 3 million people in the United States. The insurance industry depends on its diverse and talented workforce to assess risk, ensure customers have appropriate insurance coverages, and pay claims, helping customers recover from loss. In addition to a wide range of skills and abilities, insurance employees bring curiosity and a desire for new skills that the industry's abundant career opportunities provide.

An informal survey of Selective Insurance employees revealed that 42% had no prior insurance experience. We think this is the case with many insurance job seekers. Individuals are as likely to start working in insurance mid-career from other fields as they are to join the industry directly from high school or college, regardless of field of study. These new-to-the-industry employees experience rich and rewarding career benefits, including:

1. Diverse Roles: In addition to traditional underwriting, safety management, actuarial, and claims roles, the industry employs professionals with specialties in finance, marketing, human resources, IT, and legal. With this broad range of roles, the insurance industry offers something for every type of job seeker.

Tip: Contact an insurance firm to learn how your experiences and interests translate to an insurance position.

2. Professional Development Opportunities: In a recent Conference Board survey, ninety-six percent of respondents said it was "important" or "very important" to continuously develop their work-related skills. Continuing education classes are regularly available for insurance professionals, and Selective Insurance provides in-person and virtual training, simulations, peer coaching, and mentorship opportunities. Professional development helps employees grow, learn, and thrive, preparing them for more advanced positions or new areas of responsibility.

Tip: When interviewing for your next role, ask about the company's professional development program and consider how it can benefit your career.

3. A Sense of Purpose: Insurance industry employees are unsung heroes who can improve challenging situations. They provide expertise ensuring that valuable assets like businesses, homes, and vehicles are adequately insured. They also offer support and guidance after an unexpected loss.

Tip: Consider insurance for a career if you are passionate about helping to protect your local community.

An insurance industry career offers unlimited job opportunities, the chance to learn, grow, benefit from new experiences, make a difference, and find fulfillment.

Learn about Selective's current job opportunities or sign up for job alerts at Selective.com.

About Selective Insurance

Selective Insurance Group, Inc. (Nasdaq: SIGI) is a holding company for ten property and casualty insurance companies rated "A+" (Superior) by AM Best. Through independent agents, the insurance companies offer standard and specialty insurance for commercial and personal risks and flood insurance through the National Flood Insurance Program's Write Your Own Program. Selective has been honored and awarded for its unique position as a leading insurance group and employer of choice, including listing in the Fortune 1000 and three consecutive years as a certified Great Place to Work^®. For more information about Selective, visit www.Selective.com.

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SOURCE Selective Insurance Group, Inc.

FAQ

What is Selective Insurance's focus during Insurance Careers Month?

Selective Insurance promotes the importance of career opportunities in the insurance industry, highlighting its societal contributions.

What percentage of Selective Insurance employees have no prior insurance experience?

An informal survey revealed that 42% of Selective Insurance employees had no previous insurance experience.

What professional development opportunities does Selective Insurance offer?

Selective Insurance provides in-person and virtual training, as well as mentorship programs for skill development.

How is Selective Insurance recognized in the industry?

Selective Insurance holds an A+ rating from AM Best and has been listed in the Fortune 1000.

What roles are available in the insurance industry according to Selective Insurance?

The insurance industry offers diverse roles, including underwriting, safety management, actuarial, marketing, finance, IT, and legal.