U.S. life, health and annuity issuers increased employment more than they expected in 2025.
The insurers that participated in a new, voluntary insurance labor market survey increased the number of people they employed by 0.89%.
A year ago, the insurers were predicting their headcounts would grow just 0.42%.
This year, the insurers are estimating their employment levels will increase by an average of 0.69% over the next 12 months.
What it means: The survey results appear to reflect a high level of stability at the companies behind clients' life insurance policies, health insurance policies and annuities.
The survey: Teams at the Jacobson Group, an employment firm, and Aon organized the survey. The survey managers do not make the number of participating companies available to the public.
Federal government insurance employment figures included along with the Jacobson-Aon survey results show that overall insurance employment held steady at about 1.6 million.
Hiring plans: Survey participants are hungry for technology, operations, analytics and claims staff.
Perhaps because of the impact of automated systems on underwriting, the insurers had little interest in hiring underwriters. They ranked their interest in underwriters at a 2 on a 7-point scale compared with 5 on a 7-point scale a year ago.
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