One of the most powerful things about knowledge is that once you have it, it can't be taken away. Whether it's a certificate program or an advanced degree, gaining knowledge through coursework can help advance employees' careers, their lives, and a company's bottom line.

According to The Jacobson Group's Q3 2023 Insurance Labor Market Study, 63% of property and casualty companies, life and health insurance carriers, and reinsurers plan to increase staff during the next 12 months. In the insurance industry, the roles expected to have the greatest growth are technology, claims, and underwriting roles.

Companies are also finding it difficult to retain talent right now. New and early-career employees can be particularly quick to leave, making it hard for organizations to benefit from fresh talent. Although much of this is beyond company control, professional development and industry education can be a powerful tool to help attract employees and encourage them to stay. Offering professional development and learning opportunities can be a benefit for both employees and employers hoping to fill open positions.