While underwriting holds strength throughout the industry, the damage due to increasingly inclement weather conditions and natural disasters in parts of the United States raises demand for insurance claims professionals to help manage unforeseen mishaps.
Kennesaw, GA (PRWEB) February 20, 2013
InsuranceJobs.com, the leading employment website for the insurance industry, confirms reports of employment stability for insurance professionals from the U.S. Bureau of Labor Statistics.
The U.S. Bureau of Labor Statistics published its monthly report, "The Employment Situation-January 2013" on February 1, 2013. The report announced a miniscule .08 percent decrease in the number of workers in the insurance industry from December 2012 – January 2013. According to The U.S. Bureau of Labor Statistics, the insurance industry now employs 2.346 million workers compared to 2.348 million in December 2012. Employment throughout the insurance industry remains relatively stable. This small decrease in employment is accompanied by an increase in earnings and hours. The U.S. Bureau of Labor Statistics reports a 50 cent increase in average hourly earnings and an approximately one hour increase in hours worked per week for insurance professionals.
Wage statistics from the U.S. Bureau of Labor Statistics show that insurance underwriters are the highest paid when compared to claims adjusters, insurance sales agents, and other insurance professionals. Insurance underwriters across the nation have a median annual income of $60,940. InsuranceJobs.com maintains that competitive salaries and job security have made the insurance industry a go-to option for job seekers.
Jay Rollins, president of InsuranceJobs.com comments on the need for insurance professionals of all types, "While underwriting holds strength throughout the industry, the damage due to increasingly inclement weather conditions and natural disasters in parts of the United States raises demand for insurance claims professionals to help manage unforeseen mishaps.”
InsuranceJobs.com continues to see a steady flow of job postings to their site despite the adverse economic climate. InsuranceJobs.com expects consistent growth through the next quarter.
Established in 2006, InsuranceJobs.com is the leading insurance employment website for the insurance industry. Currently the site has over 250,000 registered job seekers and 6,500 registered employers. Users can create a profile, upload their resume, apply to positions and engage in our social communities. Employers can post job opportunities and browse a resume bank for applicants. Thousands of new insurance jobs are listed each month by geographic location and specialty, including: actuarial, adjuster, agents, insurance claims, clerical, customer service, health, life, risk management,sales, investigators, underwriting, workers compensation and more.