--- title: "Bright Young Things: What millennials want from their employer" description: Talent gaps and skills shortages are key issues for the insurance industry. So how can organisations in this traditional industry look to attract millennials? image: https://blog.iii.ie/hubfs/Blog/Industry%20Insights/IndustryInsights_BrightYoungThings.png --- [![logo-from-updated-site](https://blog.iii.ie/hs-fs/hubfs/Logos/Insurance%20Institute/logo-from-updated-site.png?width=178&name=logo-from-updated-site.png)](http://www.iii.ie/) [**MEMBER LOGIN**](https://eu-quercus.elluciancloud.com/app/iii/f?p=10604:101:3609409149439) - [Programmes](https://iii.ie/Programmes) - [Certificate in Product Advice](https://iii.ie/Programmes/Certificate-in-Insurance-Product-Advice-APA) - [Certificate in Insurance Practice](https://iii.ie/Programmes/Certificate-in-Insurance-Practice-CIP) - [Higher Diploma in Insurance Management](https://iii.ie/Programmes/Higher-Diploma-in-Insurance-Management) - [Specialty Programmes](https://iii.ie/Programmes/Specialty-Programmes) - [Insurance Practitioner Apprenticeship](https://iii.ie/Programmes/Specialty-Programmes/Insurance-Practitioner-Apprenticeship) - [Certified Insurance Director](https://iii.ie/Programmes/Specialty-Programmes/Certified-Insurance-Director) - [Certificate in Climate Risk](https://iii.ie/Programmes/Specialty-Programmes/Certificate-in-Climate-Risk) - [Micro-credentials](https://iii.ie/Programmes/Specialty-Programmes/Micro-credentials) - [Affiliate Programmes](https://iii.ie/Programmes/Affiliate-Programmes) - [Non-General Insurance Qualifications](https://iii.ie/Programmes/Affiliate-Programmes#non-general-insurance-qualifications) - [Certified Diploma in Loss Adjusting](https://iii.ie/Programmes/Affiliate-Programmes#cdip) - [ACII to FCII](https://iii.ie/Programmes/Affiliate-Programmes#acii-and-fcii) - [Exemptions](https://iii.ie/Programmes/Exemptions) - [Exams](https://iii.ie/Programmes/Exam-Information) - [Membership](https://iii.ie/Membership) - [Membership Categories and Fees](https://iii.ie/Membership/Membership-Categories-Fees) - [CPD](https://iii.ie/Membership/CPD) - [Local Institutes](https://iii.ie/Membership/Local-Institutes) - [Careers](https://iii.ie/Membership/Careers) - [Register of Compliant Persons](https://iii.ie/Membership/Register-of-Compliant-Persons) - [Employers](https://iii.ie/Employers) - [About Us](https://iii.ie/About-Us) - [Our History](https://iii.ie/About-Us/Our-History) - [Leadership Team](https://iii.ie/About-Us/Leadership) - [Blog](https://blog.iii.ie/inside-track) ![Blog Banner 2](https://blog.iii.ie/hubfs/Blog%20Banner%202.png "Blog Banner 2") # Bright Young Things: What millennials want from their employer 19/04/17 09:30 / by [The Insurance Institute](https://blog.iii.ie/inside-track/author/the-insurance-institute) ![The Insurance Institute](https://blog.iii.ie/hubfs/TII_Simpl_Horiz_Blue_Favicon.ico) #### ![IndustryInsights_BrightYoungThings.png](https://blog.iii.ie/hs-fs/hubfs/Blog/Industry%20Insights/IndustryInsights_BrightYoungThings.png?width=1200&name=IndustryInsights_BrightYoungThings.png "IndustryInsights_BrightYoungThings.png") Talent gaps and skills shortages are key issues for the insurance industry. The dream of an innovative and exciting career can jar with the conservative nature of insurance, particularly for younger generations. So how can organisations in this traditional industry look to attract millennials? The Insurance Institute investigates.  --- The world of work is changing at a faster pace than ever before. In this post-economic crisis environment, company loyalty has decreased and a ‘job for life’ is officially a thing of the past. And the generation with which this resonates most, is millennials. Millennials are loosely defined as those born between 1980 and 2000. PwC predicts that millennials will make up 50% of the global workforce by 2020. At The Insurance Institute, 56% of our members are millennials; a figure that is growing by the day. This cohort is shaping the future of virtually every sector, including insurance. Millennials are seen as very different to the generations who came before, valuing professional development and career advancement above salary or job security. It is also clear that millennials are not choosing insurance as a career path, which is resulting in our organisations losing out on some of the country’s best talent. They are critical to the future of our business, so the industry needs to take steps now to counteract the negative perceptions of insurance among school leavers and graduates.   ***[Log in](https://info.iii.ie/issue-1-the-insider)** to read the rest of the article in our magazine, The Insider:* [![insider_LP.png](https://blog.iii.ie/hs-fs/hubfs/Blog/insider_LP.png?width=240&name=insider_LP.png "insider_LP.png")](https://info.iii.ie/issue-1-the-insider) The Insurance Institute of Ireland Insurance Centre, 5 Harbourmaster Place IFSC, Dublin 1, D01 E7E8 01 645 6600 | [info@iii.ie](mailto:info@iii.ie) The Insurance Institute of Ireland is registered in Ireland. No. 518942 and is a company limited by guarantee, with permission to omit the suffix 'CLG' from its name. - ![Education Awards 2018](https://www.iii.ie/upload/frontpage/award-1.png) - ![bgr](https://blog.iii.ie/hubfs/TheInsuranceInstitute%20-June2017%20/images/iso-9001.png) - [ABOUT](https://www.iii.ie/about/) - [MEMBERSHIP T&Cs](https://www.iii.ie/about/membership-terms-and-conditions) - [CODE OF ETHICS & CONDUCT](https://www.iii.ie/about/code-of-ethics) - [DATA PROTECTION & PRIVACY POLICY](https://www.iii.ie/about/data-protection-and-privacy-policy) - [USEFUL DOCUMENTS](https://www.iii.ie/exams/useful-documents) - [WEBSITE TERMS OF USE](https://www.iii.ie/about/website-terms-of-use) - [COOKIES NOTICE](https://www.iii.ie/about/cookies-notice) - - - - ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "The Insurance Institute", "url" : "https://blog.iii.ie/inside-track/author/the-insurance-institute" }, "datePublished" : "2017-04-19T08:30:00.000Z", "headline" : "Bright Young Things: What millennials want from their employer", "image" : [ "https://blog.iii.ie/hubfs/Blog/Industry%20Insights/IndustryInsights_BrightYoungThings.png" ], "mainEntityOfPage" : { "@id" : "https://blog.iii.ie/inside-track/what-millennials-want-from-their-employer", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.iii.ie/hubfs/Logos/logo-from-updated-site.png" }, "name" : "The Insurance Institute" } } ```