When Sarah Lee asked herself what she wanted to do when she grew up, she did what any millennial might do: She Googled it. “I searched ‘good at math, but don’t want to be a teacher’, and actuary was one of the first things that came up,” she says.
About a decade later, Lee is now happily in her second year as a senior actuarial analyst at Delta Dental. It might not sound like the most “millennial” career, but a job in the insurance industry offers more appeal to the rising workforce than it might seem on the surface.
A recent survey from Vertafore© found that “87% of millennials in the industry would recommend a career in insurance” to their friends. What’s more, 76% have been in insurance for more than three years and 72% plan to stay in the industry as long as possible, bucking the popular stereotype of millennial job hopping.
For millennials at Delta Dental, the excitement of an industry that’s always changing keeps them engaged at work.
“There’s always something new in your current role, so you never really get bored of what you’re doing,” says Ben Calderon, senior actuarial analyst. “That’s definitely important. I don’t want to feel stagnant in my position.”
Conversely, Calderon says millennials fuel the evolution of the industry with new ideas and skills.
That’s what attracted Shamekha Ghani to the newly created role of business intelligence manager at Delta Dental. Feeling like her previous position had gotten too routine, she jumped at the chance to “have a big impact” in her job.
“Millennials are very driven by learning, by having challenges,” she says. “They’re really concerned about their career development. They really want to feel like they’re making progress.”
Even in traditional roles, a fresh perspective can make a big difference. When Taylor Granville started at Delta Dental, she saw an opportunity to take her account manager position to a new level.
Granville was originally drawn to the client-facing nature of the role—rather than the world of insurance. But now she’s a major advocate for the importance of dental benefits, and she loves speaking with people and giving them the opportunity to enroll and improve their oral health.
“If you’re driven and you like to make a difference in people’s lives, then it’s definitely the industry to be in,” Granville says.
She adds that the strong insurance job market may allow young millennials to get a fast start on a career.
The intrigue of a stable job with room for advancement might sound old-fashioned, but it’s not completely lost on millennials.
“When I was choosing what career path to go down, I was really focused on [job] stability, and I feel like a lot of my peers were not,” Lee says.
The insurance industry might not seem flashy enough for some millennials, but the ones who found themselves at Delta Dental have found a lot to like. And they can see why 87% of their surveyed peers would recommend a job in insurance.
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