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Insuring Ohio Futures
The Center for Workforce Development, Columbus State's workforce training and analysis arm, is helping an effort to maintain and grow Ohio's insurance industry.
A study conducted by the Center found that more than 17,000 new jobs will need to be filled in the insurance sector as Baby Boomers begin to retire, leaving behind a critical shortage of skilled workers. The study also points to career openings at nearly every level of Ohio's 256 insurance companies.
That research informed Insuring Ohio Futures, an effort to educate Ohioans about these job opportunities. The project launched a website, InsuringOhioFutures.com, aimed at students, career-changers and military veterans.
"Closing this talent gap is vital to Ohio's economy and job creation," said Lt. Gov. Mary Taylor, who also serves as director of the Ohio Department of Insurance. The program is funded by the Insurance Industry Resource Council, a consortium of 13 Ohio insurance companies.
A common misconception about insurance careers is that the majority of opportunities are agent or sales positions. While the industry always needs new agents, many of the opportunities identified in the Center for Workforce Development study include positions such as claims adjuster and investigator, underwriter, actuary, customer service, IT specialist and other infrastructure positions.
Ohio is the seventh largest insurance state in the nation with more than 100,000 employees and an annual statewide economic impact of nearly $6 billion. Many Columbus State grads work in the insurance industry, and the college is considering creating a program aimed at the insurance industry.
The Center for Workforce Development runs training programs designed to fill Central Ohio's critical workforce needs. For example, it created LogisticsART, a program that trained 1,463 people to take immediate openings in the logistics industry.