Q3 2026 Insurance Labor Market Study Results Reflect Slowing Turnover and Modest Growth
The latest iteration of the Semi-Annual U.S. Insurance Labor Market Study, conducted by The Jacobson Group, the leading provider of talent to the insurance industry, and Aon (NYSE: AON), a leading global professional services firm, found 89% of respondents intend to increase or maintain staff size in the next 12 months.
“While about half of carriers plan to increase their staff sizes in the next 12 months, it seems many companies are hiring to backfill key positions and bring in new talent, rather than hiring for growth, given revenue expectations,” said Jeffrey Blair, Senior Vice President of Executive Search and Business Development at The Jacobson Group.
“Lower employee turnover, both voluntary and involuntary is a positive trend that may indicate more stability for carriers, but also make recruiting for certain positions more challenging if incumbents are not actively looking to leave their current employer,” added Jeff Rieder, Head of Performance Benchmarking, Strategy and Technology Group, Aon.
Some of the study’s key findings include the following:
