Jobseekers must be agile and adaptive in this environment, with some insurance job sectors performing much better than others – are you aligning your career goals with the insurance job sector with the lowest declines?

Back in March we showed the winners and losers in the insurance job industry, comparing figures from Jan 2008 to Jan 2009.

With updated statistics from mid-2008 to mid-2009, the state of the industry is as follows:

Sector	Change	Previous #	Current #	Difference
Title insurance jobs	-15.20%	79,810	69,400	-10,410
Claims adjuster jobs	-13.20%	53,544	47,300	-6,244
3rd party administration jobs	-6.30%	131,174	123,400	-7,774
Agents & brokers jobs	-3.70%	676,954	652,800	-24,154
Life insurance jobs	-3%	356,380	346,000	-10,380
Property/casualty jobs	-2.60%	491,762	479,300	-12,462
Reinsurance jobs	-0.35%	28,900	28,800	-100

Insurance Job Trends

The early wins in health insurance jobs, reinsurance jobs and life insurance jobs, which were up in January’s 2008 comparison all suffered overall losses. Title insurance jobs continued to be the worst affected, and life insurance has declined the most since January flipping from a 0.30% increase to a 3% decrease.

Salaries

The good news is that In terms of insurance job salaries, across every sector they rose from June 2008 to June 2009, except for third party administrators with a 3% decline in weekly earnings.

Futher Reading

Government employment figures available at Bureau of Labor statistics