Personal levels of risk tolerance and potential development opportunities are among the factors that job seekers weigh as they consider whether to work at traditional property/casualty carriers or the growing crop of InsurTechs, placement professionals say.
Continuing our series, “Who’s Winning the Talent War: Startups or Incumbents?” Carrier Management spoke to two actuaries who have worked in both the traditional and InsurTech parts of the property/casualty insurance and reinsurance world about their career paths and job experiences.
This article is a follow-up to CM’s first article in this series introducing a debate about relative talent levels at InsurTechs and incumbents and recruiter views of trends in talent movement, “Are InsurTechs Losing the Talent War? It’s Debatable.“
The next article in this series will offer views of working in insurance from technology industry professionals.
But there are other considerations in the mix, including work-life balance, variety of work experience, company mission and overall industry reputation, according to professionals who have worked for incumbents, InsurTechs and non-insurance technology companies.