To remain competitive, insurance companies must successfully respond to merger and acquisition activity, escalating customer demands, and increased regulatory pressures. And all of these factors are expanding the human resources professional's role.HR staff is expected to perform more than traditional reporting and operational duties. In addition to ensuring recruitment of the best employees, HR must also spearhead cost-containment initiatives, provide strategic leadership and, more recently, assist with and oversee regulatory compliance.
The regulatory burden for the HR department grew significantly in 2002 when Congress passed the Sarbanes-Oxley (SOX) Act.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access