Welcome to the Insurance sector — where mitigating risk is your business, whether you’re underwriting policies, setting premiums, processing claims, assessing loss, or advising clients what kind of coverage won’t leave them paying out of pocket if disaster strikes. Jobs range from actuaries and claims adjusters, to agents, underwriters, compliance experts, actuaries, risk analysts, operations, customer service, and more. Many roles require licenses, regulatory knowledge, sometimes specialized degrees (statistics, finance, risk, business), but there are also entry paths. It’s a sector that blends numbers, legal/regulatory frameworks, sales, empathy, tech, and growing demand for digital modernization.
$58,200
Average Salary
0.58%
Annual Sector Growth
12,800
Job offer
47,000
Companies
Digital transformation & insurtech disruption — use of AI, automation, data analytics to speed up underwriting, claims processing, fraud detection.
Regulatory & compliance tightening — more consumer protection laws, data privacy, climate risk disclosure, etc.
Focus on customer experience — portals, apps, self-service, transparency; policyholders expect smoother, faster, more digital interactions.
Climate risk & catastrophe exposure — insurers dealing with more frequent/severe weather events, influencing risk modelling, premiums, reinsurance.
Talent & skills shift — demand increasing for data science, predictive analytics, cybersecurity, AI/ML, as well as for roles that involve risk modelling, regulatory understanding, and technology integration.
Risk assessment & underwriting skills
Data analytics / predictive modelling (statistical, actuarial, ML)
Regulatory & compliance knowledge (insurance law, privacy, industry standards)
Customer service & communication (especially for agents/brokers)
Technology / digital literacy (automation tools, platforms, claims systems, insurtech)