Looking for a job? How about venturing into the insurance industry? The folks there are hiring.
According to a report by GreatInsuranceJobs.com, a sampling of competitors in the industry will be trying to fill some 22,500 jobs between now and year-end. But finding the right fit for the job won't be easy. Those who responded to the survey said that budget restrictions are hampering their recruiting efforts, and there aren't enough top performers out there anyway to satisfy their needs.
Nonetheless, this year has all the earmarks of an insurance hiring frenzy. The survey found there were 7,262 jobs open at the 78 companies included in the survey, and managers at those companies said they anticipated that another 15,354 positions would come open before year-end. More than eight in 10 of the companies reported having current openings.
A quarter of the companies said 2015 will prove to be a stronger year for employment than 2014. The unemployment rate in the industry stands at 2.3 percent, the lowest rate since 2006.
“We expect 2015 to be a record year for hiring in insurance,” said Scott Kotroba, president and co-founder of GreatInsuranceJobs.com. “But for hiring managers, the greatest challenge mentioned by more than 80 perfect of the employers is the difficulty of finding qualified talent.”
—Dan Cook
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
