With almost three million people working in it, the insurance industry is extensive. There are many different types of jobs available for someone who wants to work in the industry. But there are some that are growing faster than others. Here are a few of those fast-growing jobs.
Actuaries have a central role in insurance. They calculate the probability of losses from events such as accidents, natural disasters, or death. They also help put together policies to reduce the cost to the insurance company from these losses.
According to the US Bureau of Labor Statistics, the number of actuarial jobs is expected to increase by 25 percent from 2020 to 2030, which is much faster than the average job growth rate. The median annual salary for actuaries is about $111,000.
Most companies require actuaries to have at least a bachelor’s degree in math, business, actuarial science, or some other related field.
Market Research Analyst
Marketing analysts generate the information that companies need to focus their products and services toward those most likely to use them. The analysts look at consumer profiles, trends in sales, and how satisfied customers are with the products.
The number of market research analyst jobs is expected to increase by 22 percent from 2020 to 2030. The median annual salary for this job is about $66,000.
To become a market analyst, a person generally needs a bachelor’s degree in market research, statistics, computer science, math, business administration, communications, or some similar field.
Operations Research Analyst
These people use various quantitative methods, such as data mining, statistical analysis, and mathematical modeling to generate solutions that help companies operate more efficiently and cost-effectively.
Over the next decade, the number of jobs in this area is also expected to increase by about 25%, much faster than average. The median salary for this job is about $86,000 a year.
Most people who work as operations analysts have a degree in a technical field, such as mathematics, computer science, or engineering.
Information Security Analyst
The job of an information security analyst is to devise ways of protecting a company’s computer systems and networks. This job category is expected to have a 25 percent growth rate between 2020 and 2030. The median salary for this position is $104,000 a year. Information security analysts generally have at least a bachelor’s degree in a computer science field, with some also having various certifications.
If you are an experienced insurance professional and are looking for employment, Insurance Relief can help find the right job for you. Give us a call today. We are among the best insurance recruiters in the industry.