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Industry Outlook

Overall employment in the insurance industry reached 2.8 million in 2021, according to the Insurance Information Institute (III)—up from more than 2.3 million in 2007. Although the number of overall jobs has increased, some employment sectors have seen stronger growth than others. From 2017 to 2021, job opportunities at life and health insurance carriers increased by 9.4 percent, and employment at property/casualty carriers grew by about 1.0 percent. Employment at insurance agencies and brokers increased by about 9.1 percent from 2017 to 2021.

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