InsurnaceJobs.com Reacts to Industry’s Reported High Yields
Leading Insurance Career Site, InsuranceJobs.com Shares Employment Trends in the Insurance Industry
Atlanta, GA (PRWEB) – Last year marked one of the most profitable years for the insurance industry since the economic downturn in 2008. According to Property Casualty 360 the net income for insurers in 2013 was $63.8 billion. That’s up from $35.1 billion in 2012. These numbers cover property and casualty insurers in the private industry. Largely responsible for the increase is believed to be a large increase in the net gains on underwriting, which ironically saw a loss of $15.4 billion in 2012. In line with this thinking, Insurance Jobs.com has seen an influx in the number of web searches and postings for insurance careers with an underwriting focus.
High gains have positively affected job growth in the industry as indicated by the preliminary statistics from the U.S. Bureau of Labor Statistics (BLS). In the March 2014, the Employment Situation Economic Release was released on April 4 2014. It showed a slight increase in the number of employed insurance professionals. The insurance industry now employs 2,413,400 workers compared to 2,410,400 in February 2014.
After months of consistently dropping early 2014, the unemployment rate among current insurance professionals saw a slight rise in February. The rate increased from 2 percent in January 2014 to 2.1 percent in February 2014. An even larger increase occurred in March 2014 when the rate peaked at 3.3 percent.
Established in 2006, InsuranceJobs.com is the leading insurance jobs website for insurance careers. Currently the site has over 275,000 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 insurance 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 jobs, agents, claims jobs, clerical, customer service, health, life, risk management, sales, investigators, insurance underwriters, workers compensation and more.