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Insurance & Actuarial Science Compensation Survey Results

Posted on July 2024

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The US Bureau of Labor Statistics forecasts that 50% of the current insurance workforce will retire in the next 15 years, leaving over 400,000 positions unfilled. This creates high demand for professionals in the field, offering numerous opportunities for career growth. However, it also poses significant challenges for organizations due to the limited supply of skilled workers, making talent acquisition and retention more difficult.

To assist both parties, Selby Jennings surveyed over 400 candidates from across the USA and created the Insurance & Actuarial Science Compensation Survey Results Report. This comprehensive resource delves into the career drivers and motivators that attract candidates to new companies as well as the factors that drive them away.

Discover in the report:

  • Salary & bonus results

  • The most common benefits offered

  • Percentage of professionals with flexible work options

  • Percentage of professionals who receive exam support from their companies

  • Top push and pull factors that motivate professionals to join or leave a company

  • Insights from the Executive Director and Head of Insurance & Actuarial Services at Selby Jennings

Whether you’re a hiring manager building out your team or an insurance professional considering career opportunities for yourself, this report shares valuable insights to guide you in your decision-making.

Download the report here: