AIG_PRI_pms2995A veteran AIG employee retired recently, after a stunning 62 years with the insurance giant. But as the Wall Street Journal points out in its coverage of this milestone, spending your entire career at one place is much less likely than it used to be.

According to the article, Manuel “Manolo” Rodriguez’ tenure with the insurer is a record. The 79-year-old started in 1954, in Cuba, as a messenger, and then eventually became head of AIG’s Puerto Rico offices.

The industry has long known that Maurice “Hank” Greenberg was at AIG for decades, though his tenure falls well short compared to Rodriguez. When Greenberg resigned as AIG CEO in 2005, he had only been at the insurer for 45 years.

Lifetime tenures at a single employer are likely a thing of the past in the insurance industry. Advances in technology, new types of insurance industries and risks, and young employees’ propensity to job hop are some of the main factors contributing to this, Insurance Information institute President Robert Hartwig told the Wall Street Journal.

For the Wall Street Journal‘s full story on Rodriguez, click here. (Subscription only).

Topics Trends Carriers AIG