In actuality, 64% of the life insurers stayed the identical measurement, 21% reduce the variety of staff and simply 14% added staff.

The dimensions lower is perhaps partly as a result of results of a tight labor market: 29% of the life and well being corporations mentioned hiring has gotten more durable.

The Outlook

About 93% of the life and well being corporations collaborating count on income to rise this 12 months, and 65% mentioned they count on to extend staffing.

Solely 14% predicted that they’d reduce staffing.

Life and well being insurers are most inquisitive about hiring know-how, gross sales, advertising and actuarial expertise, and least inquisitive about hiring executives, underwriters, accountants, compliance folks and declare directors.

Life and well being insurers might not have nice enchantment for digital nomads: 93% count on staff to come back into the workplace at the very least in the future per week, and 21% count on in-office time necessities to extend within the subsequent six months.

(Picture: Adobe)