[DonnyKong]

The thing I would worry about in your situation is whether you would enjoy the insurance industry. It has lots of unique characteristics, such as fairly extreme cost consciousness. These are your green eyeshades folks who will bust your balls for overspending for a sit-down meal on your expense account. Those companies that are the biggest ballbusters are also the most successful. These folks are probably interested in your process management work since they see a potential ballbuster in you.

Biotech and insurance seem to me to be polar opposite industries. I can imagine that the axiom "you have to spend money to make money" is nowhere to be found in the insurance industry lexicon. These are your 7 and one-half floor people.

On the other hand, the insurance industry should be the place where they weigh investments most carefully. If you have a definitive plan to move out of the industry within a certain timeframe after gaining experience, then perhaps it might not be too odious.

Lastly, on a personal basis, I have not found the mentality of carefully weighed investments to be particularly helpful in understanding VC work. I wonder whether the insurance industry would turn you into a green eyeshade-wearing curmudgeon who is perfectly happy with earning his 6% return per annum, knowing that his bread and butter is managing float. IMO, there is a certain suspension of disbelief that is required for VC work that is dangerous in the insurance industry.

FYI, in insurance, you will gravitate more toward Columbus than Cincy.

Good luck!