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InsuranceJobs.com Reacts to Affordable Care Act's Effect on Insurance Employment

PR Web

Atlanta, GA (PRWEB) May 27, 2014

Over the past year, health and medical direct insurance carriers have seen employment gains unheard of in the insurance industry. According to Property Casualty 360, a reported 1,200 positions were added to the health insurance subsector in March alone and a reported 19,300 in the past year. Currently the health insurance employment subsector employs 487,100 insurance professionals.

Overall, 2014 has been a great year for the insurance industry employment. In the last year the industry has gained 17,900 jobs finally rebounding from extreme losses in May 2010. The second largest subsector to add jobs was the third party administration subsector. Life direct carriers lost the most jobs.

High gains have positively affected job growth within the industry as shown by preliminary statistics from the U.S. Bureau of Labor Statistics (BLS) in the April 2014Employment Situation Economic Release, which was released on May 2, 2014. The statistics show a slight increase in the number of employed insurance professionals. The insurance industry now employs 2,414,700 workers compared to 2,411,100 in March 2014.

The current unemployment rate for the insurance industry is 4.4 percent nearly 2 percent lower than the national average.

About InsuranceJobs.com:
Established in 2006, InsuranceJobs.com is the leading insurance jobs website for insurance careers. Currently the site has over 250,000 registered job seekers and 6,500 registered employers. Users can create a profile, upload their resume, apply to positions and engage in our social communities. Employers can post insurance job opportunities and browse a resume bank for applicants. Thousands of new insurance jobs are listed each month by geographic location and specialty, including: actuarial, adjuster jobs, agents, claims jobs, clerical, customer service, health, life, risk management, sales, investigators, insurance underwriters, workers compensation and more.

Read the full story at http://www.prweb.com/releases/2014/05/prweb11881991.htm

Copyright:(c) 2014 PRWEB.COM Newswire
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