I found the following in my email this morning. Good luck if you’re looking for work.
We value your continued interest and would welcome the opportunity to speak with you or any referrals that are a match for our projects. If we do not have your current resume on file, please email it to us at email@example.com or firstname.lastname@example.org.
We will be in contact regarding future projects. Please do not hesitate to pass along our contact information; we are always appreciative of referrals.
Direct Dial: (312) 884-0424
Client Service Manager
Direct Dial: (312) 884-0443
The Jacobson Group
120 South LaSalle Street, Suite 1410
Chicago, Illinois 60603
Toll Free: (800) 466-1578
|Life||This established insurance corporation has a need for multiple life underwriters with extensive BGA experience. Our client requires that these consultants have a minimum signing authority of $3 million.||TBD, Estimate is 4-6 months||Remote|
I was online this morning at http://www.virtualvocations.com and entered basic search terms for life insurance, underwriter, etc.
Don’t waste your time with this job site. There is nothing there for underwriters or insurance professionals.
I didn’t even make the web addresses click-able links.
I’ve maintained for several years that many of the jobs being eliminated are just not coming back. We are way past the debate of whether or not outsourced underwriting is a good or bad business practice. Outsourced underwriting will be the new normal.
Read this Business Week article. Send me your comments.
I recently upgraded my computer to a Gateway with an Intel Quad core CPU running the Windows Vista Home Premium 64-bit OS. Here is what I’ve learned:
- Parallel ports aren’t supported anymore. I can’t use Old Faithful, my ancient laser printer.
- A number of my older software programs won’t run on a 64-bit OS.
- The meaning of the phrase “negative transfer of training”
My primary machine got nailed with a nasty virus a few months ago and I’d been working with my hot spare backup. Just as I was getting used to working with Windows XP I am now having to learn how to use Vista. I began having a negative transfer of training experience.
It’s been a few days and I’m better now. I like my new computer. One major plus is the computer came with a set of recovery disks. I used these to configure my old machine which now becomes my hot spare. Same setup as my primary machine. When I need to use it, I’ll load up my programs and data and I’m good to go.
Note I said “when” not “if”.
When you mention the word “outsourcing” most people get very emotional. The emotion is fear. Usually, it is a fear of losing one’s job. Well, during this nasty recession a lot of jobs have been lost. I have been asking the question,
“Who’s left to do the work?”
I’ve noticed I am not the only person asking this question. Nearly two thirds of respondents in a recent survey asked the very same question (see survey results reproduced below or click through to read the entire article).
If you’re in NB/UW management your cost cutting phase is over. Stick a fork in it, it’s done. Now you have to figure out how to get the work done with a decimated, demoralized staff. Screaming won’t help (unless that makes you feel better). Mandatory 60 hour work weeks? I don’t think so. Yup, looks like a man-made management problem that requires creative management solutions. Unabashed self-promotion follows:
The underwriting talent is out here and we have the technology to connect companies with with experienced, professional underwriters to get the work done.
Call us. I have a mortgage, two kids in college, and a small fleet of cars to support.
One more thing…we got the MOJO.
A new survey just released by the Workforce Institute at Kronos Inc. and conducted by Harris Interactive suggests that a lot of employees may not be feeling particularly optimistic and workplace productivity has been a casualty of the Big, Bad Recession.
Here are some of the survey highlights:
• Some 38 percent of respondents employed full or part time said there had been layoffs in the past year at their primary place of employment.
• Of those respondents who said that productivity had been negatively affected by layoffs:
—66 percent said that morale has suffered and that workers are less motivated;
—64 percent said that there is just too much work and not enough people left to do it;
—37 percent said the wrong people or departments were laid off, leaving inefficient systems and workflows; and
—36 percent said they are concerned that as the economy picks up, they won’t have the right resources to meet demand.
EMSI in Waco, TX is looking for remote fee based underwriters. These positions are remote but apparently part-time only.
Addendum March 2011
Looking for Underwriting Consultants with Health/DI and Reinsurance disciplines. Remote positions-flexible schedules. Call or email Traci Davis VP Underwriting Operations.
Telecommuting may be available based on candidate need.
Telecommuting may be available based on candidate need.
This is the 1st life UW job posting I’ve seen in weeks. BTW, it is not a new opening but a re-posting. When I inquired about the position last year, telecommuting was not an option. Now telecommuting may be an option.
The glacier is moving.
Clicking on the @Work link above will take you to the blog of Challenger, Gray & Christmas a huge outplacement firm. There is a lot of nasty news in this survey but my eyes are drawn to several findings that actually bode well for the future of remote/telecommute underwriting work.
- More than half (52.4 percent) of human resource executives surveyed in May said their companies had instituted salary cuts or freezes in an effort to cut costs. That was up from 27.2 percent in the same survey last January.
You may ask, how is this good news? Well, it depends upon your perspective. One of my projects consists of moving underwriting work to people rather than moving the people to where the work has traditionally been done. Work can be done anywhere if you have a computer and a decent high speed Internet connection. The only major roadblock we have is a severe case of dinosaur brains. Granted, some forms of work have to be done at a specific location. The good news is underwriting work does not.
Let’s dig deeper into the Challenger survey and find more good news. Companies are cutting costs in the following areas:
- 67% cut travel expenses
- 43% permanent layoffs
- 62% instituted a hiring freeze
- 29% cut hours
- 5% cut office space use through increased telecommuting.
The problem is this – what happens when the business environment improves and volumes increase?
Companies have painted themselves into very tight corners. Many will migrate to more of a variable cost structure to preserve the savings achieved from the measures taken during the recession.
I tell ya, I’m having a lot of fun doing what I’m doing.