In 2023, the number of jobs in the US Insurance, Reinsurance, and Pension Funding sector stood at 31,000 units. From this baseline, forecasts predict a steady increase in employment, reaching 42,000 units by 2028. This represents a year-on-year growth rate of approximately 9% from 2024 to 2025, slowing slightly thereafter as the total number reaches 42,000 in 2028. The sector is expected to experience a Compound Annual Growth Rate (CAGR) of roughly 6.3% over this five-year period.
Future trends to watch include technological advancements potentially reducing job growth through automation, and regulatory changes affecting the demand for specialized roles. Additionally, demographic shifts and an aging population may increase demand for pension funding services, possibly influencing employment figures in the sector.
