Survey: One out of three women in insurance left their jobs during pandemic
Tuesday, May 18, 2021 3:16 PM
Nearly a third of the women employed in the U.S. insurance industry left their jobs during the COVID-19 pandemic, Business Insurance reported. According to a report released Monday by technology consulting company Accenture Inc., 32% of the women in insurance positions who were surveyed said they had left their jobs, either temporarily or permanently, during the pandemic. The 176 women in insurance surveyed were part of a larger survey of 500 women in the financial services industry who were surveyed in March. Forty-five percent of the women in insurance surveyed said they had lost opportunities to grow in their careers during the pandemic. About 44% said the pandemic had adversely affected their career progression, and nearly 40% said they felt disconnected to or forgotten by their company. Accenture also conducted a second survey of C-suite insurance executives, who confirmed that a number of women had left the insurance industry. Two-thirds of executives reported that some women had resigned since the pandemic, and nearly 20% reported that a significant number of their female employees had resigned. Here’s a link to results from a recent Fearless survey that looked at both advancements and barriers that Iowa women face in the workplace.