Understanding the 2025 Insurance Labor Market Study
The Semi-Annual U.S. Insurance Labor Market Study has officially kicked off for the first quarter of 2025. Spearheaded by The Jacobson Group, a leading provider of talent to the insurance sector, this year’s study promises to shed light on crucial labor trends in the insurance industry. Alongside Aon plc, a prominent global professional services firm, the research will be accessible for participation until February 2, aiming to compile comprehensive data to enhance staffing strategies in insurance firms.
Implications of the New Study
Since the study's inception in 2009, it has served as a vital tool for understanding staffing needs and predicting workforce trends within the insurance landscape. The Q1 2025 study is no different and is expected to offer insights that will guide companies through the upcoming year. Gregory P. Jacobson, co-CEO of The Jacobson Group, highlighted the importance of this research. He noted, "We’re entering the year with steady job growth and low unemployment in the insurance industry. This Q1 study will provide valuable insights on what to expect in the months ahead, helping to guide insurers as they review and adapt their talent strategies to remain competitive."
Current Market Conditions and Future Expectations
According to the study, the insurance industry is on track to experience revenue growth in 2025, coinciding with a more stable economic outlook. Jeff Rieder, head of Strategy and Technology Group Performance Benchmarking at Aon, stated that favorable economic conditions will likely lead to increased investments in human capital and operational processes, contributing to profitable growth objectives across the sector.
Participation and Resources Available
The study encourages participation from carriers across all sectors of the industry. Ensuring confidentiality, all participating organizations will receive detailed results of the survey at no cost. This initiative reflects a collective effort to gather significant insights that will benefit all stakeholders involved. To engage in this research, interested parties are invited to complete the survey through the provided link.
Joining the Complimentary Webinar
Following the study, results and analyses will be shared during a complimentary webinar scheduled for 1 p.m. CST on February 13, 2025. This event welcomes all members of the insurance community, providing an excellent opportunity to dive deeper into the findings and discuss the implications for future workforce strategies.
About The Jacobson Group
The Jacobson Group stands as the leading provider of talent to the insurance industry, boasting over 50 years of experience in connecting insurance organizations with skilled professionals at various organizational levels. They specialize in offering a myriad of talent solutions tailored to meet diverse human capital requirements. This includes executive search, professional recruiting, temporary staffing, and interim expertise, ensuring that they support their clients effectively.
About Aon
Aon plc (NYSE: AON) is dedicated to enhancing decision-making processes globally, safeguarding and enriching lives through its integrated risk and human capital solutions. With operations in over 120 countries, Aon provides actionable insights that empower clients to make informed risk management and people-related decisions.
Frequently Asked Questions
What is the focus of the 2025 Insurance Labor Market Study?
The study focuses on labor trends and staffing needs within the insurance industry, providing insights to guide companies in their talent strategies.
Who can participate in the Insurance Labor Market Study?
Carriers across all sectors of the insurance industry are invited to take part in the study, ensuring a broad reference for data collection.
When will the findings of the study be shared?
The results and analysis will be discussed in a complimentary webinar scheduled for 1 p.m. CST on February 13, 2025.
How can participants access the survey results?
All participants in the survey will receive detailed results at no cost, allowing them to understand better the labor market dynamics and trends.
What expertise does The Jacobson Group offer?
The Jacobson Group specializes in talent solutions including executive search, professional recruiting, temporary staffing, and interim expertise, specifically focused on the insurance sector.
