The insurance industry is holding up better than others during the pandemic, and 83% of insurance industry executives surveyed plan to either maintain or increase staff in the next 12 months. That survey was conducted by The Jacobson Group, a Chicago-based staffing provider serving the insurance industry, and Aon plc.
“The insurance industry has proven relatively stable in comparison to the overall economy and insurers continue to compete for top talent,” said Gregory Jacobson, co-chief CEO of Jacobson.
“Recruiting difficulty has not eased during the pandemic and has even increased slightly for most insurance functions,” Jacobson continued. “Though employment will continue to grow in the next 12 months, it will be at a significantly slower pace.”
It also found that most vacant positions are still moderately difficult to fill and that companies are most likely to increase staffing within their technology functions.
Overall, the survey points to a 0.99% increase in insurance industry employment during the next 12 months.