The THiNK Blog

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4 Reasons Millennials Should Seek Careers in Insurance

Dec 2, 2016 1:45:53 PM / by Megan Gardner posted in Insurance, Millennials

Do you remember what you wanted to be when you were growing up? As a millennial, growing up in the digital age, I can tell you that finding a career in insurance was certainly not at the top of my list. And I know I’m not alone. But here I am! The more I learn about the industry, the more I find myself spreading the benefits of a career in the insurance industry to my millennial peers. Let me give you some background…

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3 Reasons Why LinkedIn is a Non-Negotiable for Your Career

Dec 1, 2016 8:31:36 AM / by Nick Joly posted in Social Media

Hey everyone, happy first of December! A few weeks ago, you may remember that I started off this social media blog series by explaining how you can leverage LinkedIn to become a more successful insurance professional.

So far I’ve shared some concrete tips including 7 mistakes to avoid making and 5 groups every insurance professional should join. I was thrilled to see the engagement we experienced on LOGiQ3's Twitter and LinkedIn accounts! Thanks to everyone who took a minute to download and tweet/write to us online! In case you missed the original eBook, you can grab it here: 

Download The Insurance Professional's Guide to LinkedIn to discover more educational resources.

Now I want to let you in on some, perhaps unknown features (read: secret weapons!), that position LinkedIn as a non-negotiable platform for you to be on.

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3 Inbound Marketing Trends the Insurance Industry Can Benefit From Today

Nov 20, 2016 9:00:00 AM / by Megan Gardner posted in Insurance, Social Media

What can an insurance professional like you learn from a conference dedicated to the inbound marketing movement? Well for starters, "the inbound methodology is the most effective marketing method for doing business online" - HubSpot. And in today’s digital age – who isn’t online?

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Building Competencies. Why The Underwriting Training Program is an Attractive Opportunity for New Students.

Nov 18, 2016 3:22:33 PM / by Nick Durie posted in Underwriting

Specialization. It’s a term that both excites and sparks curiosity in students, recent graduates, or those considering a career change. In an ever-increasing competitive job market, simply graduating with a certificate/diploma/degree alongside a pool of similar graduates, how do you stand out and show an employer how valuable you are? How do you prove to someone you are capable, employable, and a worthy investment? To do so effectively, you would have to take it a few steps further, by building your Competency. The underwriting industry offers the chance to do exactly that and I’ll explain why below.

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7 Mistakes to Avoid Making on LinkedIn

Nov 16, 2016 2:56:46 PM / by Nick Joly posted in Life Insurance, Social Media

You may know that LOGiQ3 recently published an eBook called The Insurance Professional's Guide to LinkedIn. This eBook is one of many efforts that are contributing to the overall social progression of the life insurance and reinsurance industries. Their communal goal is to educate insurance professionals on the power of social media and highlight how they can leverage it to get the most out of their careers.

One of the articles from the eBook that's been well received is "7 Mistakes to Avoid Making on LinkedIn" from which you can find two listed below, as well as the option to download the eBook to ensure you get all the insights! So what are some of the common mistakes you can avoid making with your account on LinkedIn? Let's take a look!

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Underwriting Ulcerative Colitis Part 2: Applying Your Knowledge

Nov 11, 2016 10:28:43 AM / by Bill Berthiaume posted in Underwriting

Earlier this week I shared a personal experience with you on Ulcerative Colitis in an article titled Underwriting Ulcerative Colitis Part 1: What You Need to Know. In that article, I covered how underwriters of all levels can identify and assess the severity of Ulcerative Colitis, as well as determine the classification and get a clear understanding of the disease. 

I last left off with my personal experience with the doctors and physicians and how underwriters can benefit from their knowledge when it comes to underwriting UC cases. The reason I highlight this, is because there can sometimes be a disconnect between the information provided in a case, and what information the underwriter NEEDS to underwrite these cases. 

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3 Proven Ways Reinsurance Analysts Can Benefit from Using Test Regions

Nov 10, 2016 9:30:00 AM / by Sean Coombes posted in Reinsurance

Have you ever written an important email, reviewed it several times for errors, only to find a glaring mistake AFTER it has been sent!? It would have been nice to catch the error in advance and anticipate the repercussions your mistake would have, right? Similarly, in the world of reinsurance – before making a change to a policy record it would be helpful to know what other factors would be adjusted, too. The good news is; test regions exist for this very purpose!

What is a test region?

The test region is essentially a mirror of the production region except it is closed so that anything done in this region stays within it and does not get sent out externally. Because it operates in its own space independent of any other party (i.e. in my scenario acting on behalf of our outsourcing client, if I create a billing record in Test, a billing record will not be sent to a reinsurer) you have the opportunity to “play around”, so to speak, with the different functions. So how can you benefit from using a test region?

As a reinsurance analyst, the test region within our life reinsurance administration system is something I used frequently when I first started in this role and that I still use today.

Here are three proven ways reinsurance analysts can benefit from using test regions in their life reinsurance administration systems!

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5 LinkedIn Groups Every Insurance Professional Should Join Right Now

Nov 9, 2016 9:00:00 AM / by Nick Joly

I was recently asked to write for On The Risk (OTR) - the Journal of The Academy of Life Underwriting, and working as a marketing professional in the life insurance industry, the topic I wrote about was: Social Media. More specifically, 7 Proven Ways Underwriting Professionals can benefit from being on Social Media. The article won't be published until December (stay tuned!) so in the meantime, I'd like to open the conversation up to all life insurance professionals. Because at the end of the day - we can all benefit from being active in this realm.

If you are new to the world of social media and looking to take baby steps I would recommend starting with LinkedIn. After all, it's the social media platform that was created for business communities. We recently published The Insurance Professional's Guide to LinkedIn - A Deep Dive, as a free resource to help you get started on this platform.

You can download a copy of The Insurance Professional's Guide to LinkedIn here!

In one of the sections of the eBook, you'll find five handpicked groups that I'd highly recommend for valuable, daily, life insurance industry insights. Here are a few key groups I'd like to share with you:

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Underwriting Ulcerative Colitis Part 1: What You Need to Know

Nov 8, 2016 4:24:03 PM / by Bill Berthiaume posted in Underwriting

As a life underwriter you know that our profession requires a strong working knowledge of the human body, anatomy, diseases affecting mortality and morbidity, and some financial background. And you know that this education can come in a variety of different forms – perhaps a degree in health sciences, kinesiology, finance or even online underwriting training programs.

It’s a profession of continuous learning with advances in diagnostics and treatment. The more experience you have underwriting cases, the more exposure you receive to a number of different conditions, medical impairments and health trends. Which means you become more knowledgeable in underwriting them.

While there are a lot of resources to educate underwriters of all levels, having personally experienced a disease that one day I would be underwriting, brings a whole new perspective. For me, that disease is Ulcerative Colitis (UC). Below I’ll share my personal story that started almost twenty years ago and what it has taught me about underwriting this disease.

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How to Leverage LinkedIn to Become a More Successful Insurance Professional

Nov 4, 2016 2:11:45 PM / by Nick Joly posted in Insurance, Innovation, Social Media

Did you know that the insurance and reinsurance sectors are among the industries with the lowest personal interest rates of social media users? Yet there are so many ways for insurance professionals to benefit and profit from being active users across a variety of social platforms! From finding exciting career opportunities to building a network of connections and getting involved in important industry discussions – just to name a few. Earlier this year I shared 10 Reasons why Insurance Professionals Should Be on Social Media, and while those reasons all hold true, a social media ‘disparity’ still exists in the life insurance industry.

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