Latest Industry Labor Study Points to Increased Job Opportunity

More than 66 percent of insurers intend to increase staff during the next 12 months, according to the latest iteration of the Mid-Year U.S. Insurance Labor Outlook Study conducted by The Jacobson Group and Ward Group, a part of Aon Hewitt, a business unit of Aon plc.

“The continued focus on increasing staff paired with mass retirements and virtually non-existent industry unemployment will only further interfuse an already challenging recruiting environment,” said Gregory P. Jacobson, co-chief executive officer of Jacobson.

Some additional key findings include:

• Four percent of companies expect a decrease in staffing during the next 12 months.
• Technology, claims and underwriter roles are expected to grow more than any other industry position during the next 12 months.
• Executive, technology and actuarial positions are the most difficult to fill.

The Insurance Labor Outlook Study has been conducted semi-annually since July 2009. Collecting revenue and hiring projections from organizations across all sectors of the industry, the survey provides a valuable look at the labor market outlook and hiring trends.

The study’s next iteration will occur in January 2017. For details on how to participate, visit http://jcbsn.gr/labor-study-info-sign-up.

Source: The Jacobson Group/Ward Group