Insurance; it’s important, useful, dependable. Yet, for all the things insurance is, there a few things it seemingly isn’t: exciting, different, modern. In the age of startup culture and Silicon Valley, insurance isn’t the brightest star in the eyes of young adults starting out in their careers.

The insurance industry has a decidedly poor image when it comes to attracting new talent, but it’s time to dispel the myths that have misrepresented this global, trillion-dollar industry. Here are three reasons why new graduates should consider a career in the insurance industry:

Variety

Let’s play a game. How many types of insurance are there?

Spoiler: There are a bunch! There’s life insurance, property and casualty insurance, car insurance, health insurance, homeowner insurance… and subsections of each.

The insurance industry is made up of major employers not only in the United States, but in countries such as China, Germany, France, Japan, and Switzerland. These companies have positions in marketing, finance, accounting, legal, data analytics, and so much more.

If there’s an industry where you can find your niche, this is it.

Opportunity

New talent is needed. Accenture predicted that “Insurers will need to fill as many as 400,000 positions by 2020”. Well, 2020 is here, and in a time where jobs may seem scarce and career uncertain, there is stability and promise in insurance.

Due to the lack of awareness among university populations, talent pools for insurance companies currently aren’t large enough to satisfy the need for qualified candidates. This puts new graduates at an advantage for job offers. This potentially means better benefits, higher pay, and a company that is invested in you and your success.

There is room to grow and there are ladders to climb!

Innovation

Times are changing, and the insurance industry isn’t immune. The digital era is well underway and technology such as cloud computing and artificial intelligence are being implemented. Innovative business practices such as personalization and subscription models are becoming well established. A great transition is happening, and it is an exciting time to enter a career in insurance.

This could be your chance to be a part of a changing landscape.

This is just a snapshot of what the insurance industry can offer a young professional looking for a promising career path.

If you are looking for your next job opportunity and interested in a career in insurance, why not check out our job board to get your search started!