Planning for an Aging IT Workforce

Report Summary

Planning for an Aging IT Workforce

Robert McIsaac
Head of Life Insurance, Annuities, & Benefits

November 2013 - The reality of an aging IT workforce is already upon many carriers. For insurance CIOs who must concurrently manage legacy systems environments, prepare for the continuing introduction of a wide range of new and potentially disruptive capabilities while planning for ever faster refresh cycles in key system components, this may not be a new issue, but it is now one that may require high priority attention. The “Silver Tsunami” of Baby Boomer cohort retirements is in full swing. The following report provides a practical guide for carrier technology organizations preparing to address the concurrent loss of talent and institutional knowledge.

Contents
Introduction…2
The Trend and Likely Effects…3
Checklist…6
Process…7
People…10
Structure…14
Concluding Thoughts…17
About Novarica…18

 

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