Job Report


2017 Insurance Industry Jobs Report: Technological Revolution & Banner Hiring Expected


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GreatInsuranceJobs.com Whitepaper 2017

 


FOR IMMEDIATE RELEASE

April 10, 2016 –

Orlando, FL – The 2017 Insurance Industry Employment and Hiring Outlook Survey released today by GreatInsuranceJobs.com, showcases another banner year for hiring in insurance, but also a technological revolution starting to already change career paths.

“For an industry that was considered behind the times when it came to technology (think manual rating of policies and AS400 networks), it has made up for lost time very quickly over the last five years,” states Scott Kotroba, President and Co-Founder of GreatInsuranceJobs.com. “Insurance is truly evolving, and companies are in the middle of a huge change in the way they are doing their core business.”

The key findings from the 2017 Insurance Industry Employment and Hiring Outlook Survey include:

  • Combined, this survey found 10,874 jobs currently open in the 72 surveyed companies.
  • More than 11,500 more jobs will come open in the last three quarters of this year.
  • 37% of surveyed companies are forecasting better hiring than 2016, already a banner year.
  • The top five top positions insurance companies are looking to fill are sales, customer service, claims, underwriting and technology.
  • The top hiring challenges include lack of skilled talent, uncompetitive salaries and flexible work time.

This year’s survey shows that in almost all areas the insurance industry increased its size reaching an all-time record in employment last year that will not slow down anytime soon.

“While outstanding news for job seekers and the industry as a whole, record employment and a ticking time bomb of mass retirements will certainly add to the HR challenges of finding and retaining qualified hires,” explains Co-Founder Roger Lear. “There is no disputing that there may be a crisis brewing to replace an aging population with a more diverse, technology-driven workforce.”

A thorough look at the technological advances on the insurance horizon, along with the top hiring challenges, and a special look at the ways companies plan to deal with the coming surge of retirements, are included in the full 2017 Insurance Industry Employment and Hiring Outlook Survey (www.GreatInsuranceJobs.com/jobreport). The findings of the report are based on phone interviews with 72 insurance entities employing a total of 360,328 employees, which represents 13% of the total insurance industry workforce.       


 

Download the 2017 Job Report

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GreatInsuranceJobs.com is the nation’s pre-eminent insurance employment Network, and the only digital job board in the insurance industry optimized for mobile, on-the-go usage by jobseekers. With more than 120,500 visitors per month, and every major insurance company posting open positions, there is no better place to find an insurance job. The site was founded in 2001 by Roger Lear and Scott Kotroba. The GreatInsuranceJobs.com network includes BusinessInurance.com, TheCLM.org, InsuranceSalesJobs.com, UltimateInsuranceJobs.com, GreatInsuranceRecruiters.com and GreatJobSpot.com.  GIJ hosts the largest database of insurance talent in the country.

To request a media kit, please contact Brad Sparrow in our Marketing Department via Brad@GreatInsuranceJobs.com or at 800-818-4898.

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Twitter.com/InsuranceCareer

 

 



PREVIOUS WHITEPAPERS
 

Insurance Industry Outlook 2016
All-time record hiring in the Insurance Industry
CLICK HERE TO DOWNLOAD WHITEPAPER

Insurance Industry Outlook 2015
7,262 Open Jobs in U.S. Insurance Industry
CLICK HERE TO DOWNLOAD WHITEPAPER

Insurance Industry Outlook 2014
Insurance Job Market Still Strong, But HR Departments Struggling
CLICK HERE TO DOWNLOAD WHITEPAPER


The Insurance Industry 2013 Employment Outlook
16,000 Current Insurance Jobs in Nation, But Aging Workforce Poses Future Risk 
Annual Survey by GreatInsuranceJobs.com Shows Big Concerns
CLICK HERE TO DOWNLOAD WHITEPAPER


The Insurance Industry 2011 Employment Outlook
March 21, 2011 – Orlando, FL – In a comprehensive bi-annual survey of insurance companies, agents and brokers, third party administrators and managing general agents, GreatInsuranceJobs.com reports 15,000 open and available jobs, plus a projected addition of 36,000 more by the end of this year. The survey and its findings were released today. Scott Kotroba, President and CEO of GreatInsuranceJobs.com, is cautiously optimistic that this good news forecasts a decrease of or flat-line progression in the 7.3% unemployment rate in the industry: “It will not happen overnight, but will be a slow upward curve.
CLICK HERE TO DOWNLOAD FREE
 

The Insurance Industry 2010 Employment Outlook
This national Insurance Industry 2010 Employment Outlook Survey is the latest in a series of white papers by GreatInsuranceJobs.com. GreatInsuranceJobs.com aims to understand how companies and job seekers alike are coping with rising unemployment in the insurance sector. The main goal of this 2010 survey is to gauge the year’s employment outlook by asking insurance companies, agents and brokers, third party administrators and managing general agents the following questions:
CLICK HERE TO DOWNLOAD FREE


2009 3rd and 4th Quarter Employment Outlook for the Insurance Industry
GreatInsuranceJobs.com surveyed 218 insurance companies between June 25 and July 14, 2009. Combined, these companies employ more than one-fifth of all U.S. insurance industry employees. This report will serve to provide insight to which insurance entities are currently hiring, the type of jobs that are open and the forecast for hiring in the 3rd and 4th quarter of 2009. All survey participants were also asked to forecast their companies hiring for 2010.
CLICK HERE TO DOWNLOAD FREE