2024 Insurance industry employment outlook | PropertyCasualty360 (2024)

Career Moves

Here's what job seekers and those looking to get ahead in the P&C insurance business can expect in the new year.

By Ashley S. Hattle |November 14, 2023 at 08:45 AM

2024 Insurance industry employment outlook | PropertyCasualty360 (1) “Talent, especially in skilled ‘judgment’ underwriting that’s not as reliant on automated underwriting tools, will be in high demand as more business moves to the excess/surplus lines sector,” says NancyGermond, executive director of Risk Management and Education at the Big I®. (Credit:ink drop/Adobe Stock)

The insurance industry is in for a drastic change by 2028, with50%of the workforce projected to enter retirement. That means millennials, Gen Z and those looking to change careers have a unique opportunity to join the insurance industry in 2024. Some of these jobs are more challenging to fill than others, but the outlook for insurance-industry employment looks good as 2023 winds down.

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