Patra Corp Expands Successful Initial Phase of Patra Academy, Partners with Military Spouse Employment Program

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Training Initiatives Provide an Innovative Approach to Talent Recruiting

EL DORADO HILLS, Calif.–(BUSINESS WIRE)–#hiring–Patra Corporation, a leader in insurance processing and technology, has
moved forward from Phase 1 of its Patra Academy program. Patra Academy
was developed as an innovative way for the company to meet its hiring
needs in light of the industry talent shortage. Developed to expand its
pool of talented insurance professionals through recruitment and formal
training, Patra Academy recruits, trains and hires individuals with no
previous insurance experience. Upon completion, graduates are placed
within Patra’s nationwide network of insurance staff.

“Patra has expanded its place in the insurance and InsureTech
marketplaces. Patra Academy is supporting the company’s growth by
providing a path to find, train and employ great talent,” said John
Simpson, CEO of Patra. “Not only are we feeling the talent shortage
within the insurance industry, good business practice dictates that we
don’t hire away talent from our clients, leading to even fewer qualified
candidates. It’s very limiting.”

As the program has expanded, Patra has discovered that it’s well-suited
to an under-utilized, and often underserved, talent pool: military
spouses. Because Patra allows many of its employees to work remotely,
Patra has been able to train and employ more than 30 military spouses
and veterans with jobs that are portable enough to follow them to their
next duty station; two Patra Academy locations are in proximity to
military bases – Fort Campbell, near Clarksville, Tennessee, and Naval
Air Station Fallon, Nevada. Patra Academy also recently formalized a
partnership with the Military Spouse Employment Partnership (MSEP),
which will focus recruiting on and near major military installations,
hiring spouses of active duty military.

“Patra’s approach to recruiting, hiring, training, and employing our
country’s military spouses is inspiring. They truly appreciate the
immense talent our spouses possess and Patra Academy is proof of its
commitment to supporting our military families,” says Kristen
Geist-Hodgkins, Program Manager and Team Lead for the Employment
Readiness Program at Fort Campbell.

Patra Academy takes a “starting from scratch” approach, as most new
hires have no insurance experience. The company pays for trainees to
earn their insurance licenses, trains them on Patra account manager
processes and provides them with a professional career at the company.
Graduates, who begin working at Patra in roles suited to their training
and other pre-Academy skills, often include former attorneys, engineers,
accounting and retail professionals.

Patra Academy’s success and subsequent expansion bring the total number
of locations to three, with a facility at its headquarters in El Dorado
Hills, California in addition to those in Fallon and Clarksville. To
date, Patra Academy boasts a retention rate near 90 percent.

Patra is committed to expanding its innovative solution to address the
company’s staffing needs, and its commitment to recognizing the talent
possessed by military spouses and veterans. As the company continues its
expansion, it is looking to add three additional facilities nationwide
in the next five years and continue to cultivate its partnership with
the MSEP, by seeking out new locations near active military bases.

About Patra

Patra powers insurance processing by leveraging people and technology,
supporting insurance organizations as they sell, deliver and manage
policies and customers. Patra’s team of global experts allow brokers,
MGAs, wholesalers and carriers to capture the Patra Advantage –
profitable growth and organizational value. This is accomplished through
the deployment of Patra’s proprietary Insurance Process Delivery System
– an integrated portfolio of outsourced services, insurance specific
workflows and technology. Learn more at patracorp.com.

Contacts

Aaron Samson
(916) 251-1293
asamson@prosiopr.com

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