IN-the-Know

The Future of the Insurance Industry with Laura Botero


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Chris Hampshire hosts this week's conversation from Risk World, where everyone is looking for the next generation of talent for the insurance industry. He is joined by Laura Botero, a senior in the Risk Management Program at Illinois State University, for a conversation about how she decided on risk management, how she is getting more involved, and her impressions of the insurance industry as top career of choice. Laura shares her advice to both young people who might be interested in a career in insurance and to those who are already successful in the industry, as well as some ways that the perception of the insurance industry can be changed for the next generation.

Key Takeaways

  • Laura shares the journey that led her to the risk management industry.
  • Interaction with prospective employers and other opportunities that are available to students of risk management.
  • Insights into the current state of diversity, equity, inclusion, and belonging within the industry.
  • Attracting new talent into the industry through scholarships and attendance at networking events.
  • Laura offers a message to young people who might be interested in a career in insurance, and to those who are already successful in the industry.
  • The benefits and networking opportunities that come with membership in Gamma Iota Sigma.
  • Advice to employers for attracting talent through tuition reimbursement and other employee benefits.
  • Changing the perception of the insurance industry starts with word of mouth.
  • Laura addresses the global issue of the talent gap within the insurance industry and post-pandemic working preferences.

Keep Getting Better

IN2Risk 2022

Gamma Iota Sigma

Quotes

  • "Insurance is so attractive to me because insurance is naturally global."
  • "There are a lot of job openings right now in the insurance industry."
  • "Take all of the opportunities. You never know who you're going to meet and what you're going to find out."
  • "When looking at new talent or in the interview process, that connection is probably what drives students most."
  • "I wish I had started earlier and listened to those people who told me to join insurance."
...more
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IN-the-KnowBy The Institutes CPCU Society

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