Employment in the life insurance sector in Poland stood at 7.45 thousand Full-Time Equivalents (FTE) in 2023. Over the past decade, employment figures have generally shown a modest upward trend with some fluctuations. The sector experienced notable year-on-year increases, such as in 2018 (5.19%), yet also had periods of decline, as in 2020 (-1.96%). The Compound Annual Growth Rate (CAGR) for the past five years has been 0.59%. Forecasts suggest a continuous but steady growth, with a five-year forecasted CAGR of 0.56%, reaching 7.72 thousand FTEs by 2028.
Future trends to watch for:
- Increasing digitization and automation impacting workforce needs
- Potential regulatory changes affecting sector stability and employment
- Shifts in consumer demand for life insurance products influencing workforce expansion