Is Property-Casualty Insurers a Good Career Path?
There are many reasons to consider a career in the property and casualty insurance industry. For starters, the industry is large and growing. In fact, it is projected to reach $1 trillion in premiums by 2020. And, with an aging population and increasing natural disasters, there is a great need for property-casualty insurance products and services.
The job market for property-casualty insurers is also strong. According to the Bureau of Labor Statistics, employment in the industry is expected to grow 10 percent from 2016 to 2026—faster than the average for all occupations. This growth will result in about 75,000 new jobs during that time period.
So, if you're looking for a stable and growing industry with good job prospects, property-casualty insurance may be the right career path for you.