A Career in Insurance
Insurance protects us from the everyday risks of life. It's necessary for protecting personal and business investments, and plays a vital role in the economy.
Why consider a career in insurance?
Work in a stable industry
Both people and organizations need insurance. In fact, many types of insurance, including workers' compensation, are required by law.
Cultivate a variety of skills
Opportunities are wide-ranging, including positions involving analytics, communication, negotiation, problem solving, numeracy, customer service, collaboration and teamwork.
Grow with technology
Successful insurance companies are at the forefront of innovation by developing new technologies to support operations for gathering and interpreting data to service their customers.
Employment demand will rise
The industry's workforce is aging. Recent studies by the Jacobson Group and Deloitte provide the numbers, which tell a gripping story: Of the 2.3 million workers in the insurance industry, more than 1 million will retire in the next 10 years. The entire insurance industry will have 400,000 positions to fill by 2020. Workers over the age of 45 make up 48 percent of the industry's workforce. Even more troubling, 70 percent of insurance adjusters are over the age of 40, and 20 percent of the experienced underwriters will retire in the next few years.
Read the full article "Tomorrow's Talent Challenge."
Talk to just a few insurance professionals - they'll tell you stories about how their jobs made a difference in people's lives. If you're interested in a career that makes a difference, learn more about these career paths in workers' compensation insurance.
A wide range of academic paths and backgrounds can apply to a career in insurance
- Actuarial Science
- Business Administration
- Computer Science/MIS
- Social Sciences
- Risk and Insurance