Building Tech Teams, Faster: Indiana Farm Bureau Insurance Streamlines Hiring with AI

Brewing together with iMocha
Reduced hiring cost by 40%
89% experienced professionals appeared for assessments
Reduced time to hire by 30%
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IFBI
: At a glance

The pressure of providing high quality professionals which could help achieve the desired business results was becoming the need of the hour for IFBI’s hiring managers. Traditional methods were time-consuming, inconsistent, and often yielded disappointing results. These methods were also increasing the cost and it was becoming increasingly difficult to take the right decisions or even justify them due to lack of data.

iMocha transformed IFBI's hiring by reducing their costs and replacing time-consuming interviews with AI-powered skills assessments. It helped in attracting top talent from across the world. Moreover, their dependency on manual processes was replaced by insightful data analytics and detailed reporting. iMocha ensured the right skills landed in the right roles, helping IFBI to achieve greater efficiency in their recruitment process.

Industry
Insurance
Headquarters
Global Presence
Solution Type
Talent Acquisition
HR System

"iMocha has been a valuable tool in our recruitment process. It has helped us hire qualified candidates quickly and efficiently thanks to their AI-powered solution, and it has improved the overall quality of our hires. We are very happy with the results we have achieved with iMocha."

- Vicky Spitler, Talent Acquisition Manager

IFBI
and
iMocha's partnership

Challenges Faced

Traditional methods left IFBI unsure of candidates' skillsets, causing lengthy evaluations and inconsistent, hiring decisions.

Below were some of the challenges:

  1. Lack of digital skills assessment: Prior to iMocha, Indiana Farm Bureau Insurance (IFBI) had no way to test a candidate's skillset in an automated way, relying solely on traditional interviews and resumes. This led to concerns about hiring candidates who didn't possess the necessary technical skills for the job.
  2. Inefficient hiring process: Without a skills assessment tool, the hiring process at IFBI was time-consuming and inefficient. It involved lengthy interviews and multiple rounds of evaluation, making it difficult to quickly identify and hire the right talent.
  3. Inconsistent candidate evaluation: Without a standardized skills assessment process, candidate evaluation at IFBI was subjective and prone to bias. This could lead to overlooking qualified candidates or hiring the wrong person for the job.

IFBI implemented iMocha's AI-powered Skills Intelligence Cloud™ to address these challenges.

iMocha provided:

  1. On-demand skills assessments: iMocha's pre-built and customizable skills assessments allowed IFBI to quickly and easily evaluate candidates' skills in various areas, including programming languages, soft skills, and job-specific knowledge.
  2. Streamlined hiring process: By integrating with IFBI's existing system, iMocha helped automate the early stages of the hiring process, saving time and resources.
  3. Data-driven candidate evaluation: iMocha's reports and analytics provided IFBI with objective data on candidate skills and performance, enabling them to make data-driven hiring decisions

Results:

  1. Improved hiring quality: iMocha has helped IFBI hire candidates with the right skills and experience for the job. This has led to a decrease in employee turnover and an increase in overall team productivity.
  2. Reduced time to hire: By streamlining the hiring process, iMocha has helped IFBI reduce the time to hire by 30%. This allows them to fill open positions quickly and efficiently.
  3. Cost savings: iMocha has helped IFBI save on recruitment costs by reducing the need for multiple rounds of interviews and assessments. The overall cost was reduced by 40% for the entire hiring process.

Increased Candidate Engagement: iMocha's engaging and user-friendly assessment experience led to an impressive 89% appearance rate among experienced professionals invited to take the assessments.

Solution provided

iMocha products used

With iMocha, get flexible, automated, innovative solutions to make intelligent talent decisions at any scale.

Why iMocha

With iMocha, get flexible, automated, innovative solutions to make intelligent talent decisions at any scale.
Custom, tailor-made
Customized, tailored assessments for specific job roles & niche technologies are delivered with iMocha Skill Consulting Services.
Flexible, scalable
iMocha's intuitive solutions are flexible & scalable for complex talent processes, learning tracks & skill proficiency levels.
Maintains integrity
iMocha's AI-powered smart cheating prevention and fraud detection mechanisms maintain 100% integrity & objectivity of assessments.
Unlock Skills Intelligence with iMocha: ‍Elevate your workforce potential, one assessment at a time.
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