The Challenge
ZAG Insurance, located in Oshawa, Ontario, was struggling to hire qualified Insurance Brokers. The candidates needed to possess a RIBO license, which is essential for insurance brokers in Ontario, and have prior experience in insurance, customer service, or a related field. Despite their efforts, finding the right candidates who met these criteria was proving to be a significant challenge.
The Solution
ZAG Insurance turned to Workwolf to streamline their hiring process and attract the right talent more effectively. Utilizing Workwolf’s advanced job posting and candidate screening tools, ZAG was able to reach a broader pool of qualified candidates. The platform’s features, such as AI-driven resume screening and targeted outreach, ensured that only the most relevant applicants were considered for the position.
The job posting emphasized key responsibilities, including pitching insurance policies, crafting customized plans, and developing client relationships. It also highlighted the qualifications required, such as holding a RIBO license or being willing to obtain one, as well as having strong negotiation and communication skills.
Company
Zag Insurance
Company size
11-50 employees
Industry
Insurance
Based in Oshawa, Ontario, ZAG Insurance operates as a comprehensive insurance brokerage, focusing on personal, commercial, and life insurance services. As a division of Oracle RMS, they serve Ontario with access to over 50 insurance companies.
“Workwolf is very easy to work through and simplifies the process. Amazing and easy to work with dashboard, and the team behind it is always there to help”.
Daniel Grossman, Co-Founder & Managing Director of ZAG Insurance
The Results
ZAG Insurance’s hiring process through Workwolf significantly outperformed industry benchmarks:
- Cost per Hire: The average cost per hire for ZAG Insurance was only $439, significantly lower than the average cost of $4,700 across all industries. This substantial cost efficiency underscores the value of Workwolf’s platform in delivering top talent without the typical financial burden.
- Time to Hire: ZAG Insurance hired three Insurance Brokers within 24 days, averaging just 8 days per hire. This represents a 74% reduction in time to hire compared to the average of 31 days across all industries, allowing ZAG to rapidly fill crucial positions and maintain their business momentum.
The job posting attracted a total of 734 applicants, significantly expanding ZAG’s candidate pool and allowing them to select from a diverse range of qualified individuals.
Results
90
cut hiring costs
74
reduction in time to hire
Conclusion
By utilizing Workwolf, ZAG Insurance not only saved time and reduced hiring costs but also secured top-tier talent that perfectly aligned with their needs. This successful hiring process enabled ZAG to focus on growing their client portfolio and expanding their business with a strong team in place.
