Career pathing is a great way to advance your career in insurance. These career maps are intended to guide you on your career journey. They can help you better understand where you are now, where you want to go, and what paths you can take to get there.
The Insurance Institute designed mycareer to give you a better sense of your options in the industry. With this knowledge and insight, you'll be in a much better position to make sound job decisions and advance your career in insurance.
These Career Maps are intended to guide you on your career journey. They can help you to better understand where you are now, where you want to go and what paths you can take to get there.
HR Professionals, career counsellors, and business leaders agree that Career Mapping isn't an exact science. While no methodology is perfect, these Career Maps were developed by applying best principles and practices of career management, human resources, and industrial psychology.
TIP: You may notice that the Career Maps don’t include specific job titles. As you can imagine, each insurance organization approaches role descriptions and job titles a little differently. To keep things as accessible and useful as possible, the maps are aligned to the core operational roles or job responsibilities.
Each career map adopts a distinctive colour for the operational role or career stream it represents. Similar skills within job streams are represented by similar colour tones. For example, Underwriter and Actuary are variations on reds because there can be some similarity in the analytical aspect of those types of roles. Broker/Agent - Sales and Broker/Agent - Service and Business Development share variations on green because those types of roles can share similar career possibilities.
TIP: You will likely notice that the Career Maps don't include timelines. Keep in mind that not everyone’s career unfolds at the same pace. Nor do we assume that every career path leads to the 'C Suite'.
While the Career Maps may appear linear, the tools and resources and videos will demonstrate that most careers are more of a lattice than a straight line. You may elect to give consideration to opportunities that offer stretch assignments, or lateral career moves (e.g. moving within business segments/specialties and between departments). You may also want to deepen your experience and specialize to keep things interesting and equip you with the skills required to take you where you want to go in your insurance career. Your contributions can bring impact and value to the business at every phase of your insurance career.
TIP: Appraisers, Loss Control Specialists, and Risk Managers are mapped through only two phases of career progression – Building and Mastery. Consultation with HR professionals across the industry tells us that these are not typically entry-level roles; that previous expertise from another area of the business or sector-specific experience (e.g. automotive, finance, engineering, etc.) is required.