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View All NewsMore insurance firms plan to use temps in 2015
More insurance companies plan to use temporary staff in 2015, according to the semi-annual US Insurance Labor Outlook Study conducted by The Jacobson Group and Ward Group.
The survey found 10% of insurance companies plan to increase their use of temporary staffing in 2015, up from 8% reporting in a similar survey six months ago. However, the new survey also found 13% plan to decrease use of temporary employees during the next 12 months, and 77% expect to maintain temporary employee levels.
The survey found 66% of insurance companies plan to increase staff during the next 12 months. This is 8 points higher than the July survey and the highest percentage since the survey began in 2009. Nearly one-third of all companies plan to increase employees by 2% to 4%.
Technology, claims and underwriter roles are expected to grow the greatest during the next 12 months. Technology, actuarial, and executive positions are the most difficult to fill.
“We are seeing a market stabilization and increased confidence in the industry,” said co-CEO Gregory Jacobson. “The result is a leveling-off of staffing and revenue forecasts.”