The Morbid Niche

Investors Find Morbid Niche In Surrendered Life Insurance – washingtonpost.com

Check out Lenaburg’s quote below.  This is kind of creepy and an angle I never thought of before.  I always wondered what the cartels did with all that clean cash.

David S. Lenaburg, chief executive of Rockville-based Banner Life Insurance, gave voice to the ultimate fear. Citing court records of a 2006 money-laundering case, Lenaburg wrote to a regulator that the seller of one policy “apparently ended up with a drug cartel owning a vested interest in his early demise.”

Indian Recruiters (live in India)

Here is an interesting post from Fistful of Talent.  This article will shed even more insight into the world of Indian recruiters.  By the way, I emailed the sender of the email I got two days ago.  No response yet.

Fistful of Talent: All My Recruiters…. Live in India…..

So, here’s what I found out in the lunch with the recruiting firm in question, which I consider to be a pretty sharp bunch. They’ve long used outsourcing as a means to “source” candidates, but they’ve now moved to the next level. In addition to sourcing candidates using resources in India, they’ve also handed off the next level of activity to outsourced recruiters in India. That means outsourced recruiters who understand the technologies in play are making the initial calls to prospects, qualifying them, and locking them down for the next step, which might be a phone screen or in-person with the actual recruiting firm, or if the specs are nailed, a phone screen or in-person with the client company in question.

Here’s the kicker – low cost, robust technologies like Bullhorn, which allow recruiting shops to manage the lifecycle of the recruiting process for a single candidate from anywhere on the globe, have enabled the manager in question to outsource this function. All he needs is the right talent overseas, and he pays 20-30% of what he would pay a full life cycle recruiter located in Birmingham to do the same job.

Remote Insurance Work

This was recently posted in the Global Insurance Professionals group discussion page on LinkedIn:

Looking for a Team Manager who will be responsible for managing a number of general insurance processes in claims, pensions, etc in Mumbai.

Team handling experience and exposure to a general insurance is a must.

Remember, “remote” is a relative term.

Remote Working – ResumeBear Blog Post

I found this fascinating quote today from a post highlighting a survey done by Microsoft:

A growing interest in remote working has been spurred in part by rising energy costs, environmental concerns and the recent economic crisis. Remote working is widely understood to provide companies with access to a larger talent pool, improve productivity, and lower overhead for items such as workstation space, common office space, insurance, utilities, maintenance and parking. However, today’s survey results suggest business leaders need to do more to encourage adoption to realize these benefits.ResumeBear Blog, Mar 2009

You should read the whole article.

OKC is on the list of best midsize cities for remote workers.