The bi-weekly podcast series is designed to introduce young professionals to the legacy (re)insurance space. You can find our podcasts on the AIRROC website under the Education tab or HERE.
Episode 3: Marcus Doran, Senior Director of Commutations and Reinsurance Finance at AIG, stops by to discuss his legacy career. Marcus also provides his theories on why the insurance industry has such a difficult time attracting young talent: “It’s just bad marketing.” He notes that the insurance industry is dynamic, fast-moving, fast-paced and that new products are constantly being developed to meet the needs of an ever-changing world. However, these exciting characteristics are often overlooked in recruitment efforts. “It kind of rests with each of us as individuals” he says, “to be representatives and ambassadors of both insurance/reinsurance and…the legacy market in and of itself.”
Episode 4: Bill Bouvier stops by to discuss his career in the legacy space. As the Director of Assumed Reinsurance at RiverStone, Bill is responsible for managing and developing a team of assumed claim handlers. As part of that development, Bill believes in the importance of creating connections: “People like myself…need to bring the younger people to…meetings, seminars and hearings and introduce them to everybody that they know in the industry.” He also discusses the value of empowering his claim handlers to take the lead on their more complex claims rather than relying on more senior people to handle them.
This podcast is brought to you by AIRROC, the only US-based non-profit association focusing on the legacy sector of the insurance and reinsurance industries. AIRROC serves the industry by providing education, networking, information and data. Learn more about what we do at www.airroc.org.