Risk Management 2025: What Will The Industry Look Like In Just A Few Short Years

 Friday, September 20, 2019

 Risk & Insurance

A talent shortage, diversity initiatives and the disconnect between education and practical skills are predicted to have a large impact on the industry.

Is risk management the only industry where baby boomers are retiring?

The generation has famously shunned retirement and has clung to jobs in every sector from white-collar jobs, such as those in higher education, to blue-collar work in factories and agriculture.

But somehow, risk management is seeing its share of retirees, making this an ideal time for young risk professionals and students.

That is, if they have the skills for the job.

RIMS’ Risk Management Talent 2025 report found that 94% of survey respondents believe risk management professionals will need to develop new skills to meet future challenges in the profession, and only 32% believe that risk management professionals are prepared to make these changes.
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