The United States dominates the global insurance, reinsurance, and pension funding sector workforce with 73.36 thousand employees, indicating significant market size and demand. In 2023, the workforce experienced moderate growths such as in Canada (3.55%), Ireland (4.85%), and Estonia (6.89%), while countries like the United Kingdom and Hungary saw declines. Over the last five years, compound annual growth rates suggest evolving trends in workforce allocation, driven by technology and regulations.
Future trends to watch include increased digitization and automation leading to potential workforce restructuring, as well as evolving regulatory environments impacting labor distribution across nations. Emerging markets may present new opportunities for workforce expansion in the sector.
Top countries in Employees in Insurance, Reinsurance and Pension Funding Sector Share by Country (Thousand Units (Persons))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 73.36 | 2023 | +0.83% | +0.74% | View data |
| 2 | 2 France | 4.8 | 2023 | +0.55% | +0.9% | View data |
| 3 | 3 Germany | 4.3 | 2023 | +1.86% | +1.27% | View data |
| 4 | 4 Canada | 3.89 | 2023 | +2.23% | +3.55% | View data |
| 5 | 5 United Kingdom | 2.64 | 2023 | -0.55% | -0.39% | View data |
| 6 | 6 Poland | 1.93 | 2023 | +1.94% | +2.7% | View data |
| 7 | 7 Spain | 1.48 | 2023 | 0% | +0.47% | View data |
| 8 | 8 Netherlands | 1.23 | 2023 | -4.08% | -4.45% | View data |
| 9 | 9 Italy | 1.18 | 2023 | 0% | +0.18% | View data |
| 10 | 10 Ireland | 0.73 | 2023 | +3.82% | +4.85% | View data |
