Nearly all US insurance industry businesses anticipate maintaining or increasing their employee head count over the next 12 months, even as recruiting challenges persist, according to a recent labor market survey.
The “Semi-Annual U.S. Insurance Labor Market Study,” conducted by the Jacobson Group and Aon, found that 95 percent of survey respondents plan to increase or maintain head counts over the next 12 months.
Among US insurers, 68 percent plan to increase staff, a 12-percentage-point increase from 1 year ago, according to the study. The planned staffing increases are being driven by anticipated increases in business volume.
The survey also found that recruiting difficulty in the US insurance industry remains at its highest level in the study’s 13-year history. Technology, actuarial, and analytics positions continue to be the most difficult to fill, the survey found, with nearly half of companies reporting that their ability to hire is worse than it was 1 year ago.