With February being Insurance Careers Month, and with the month coming to a close, we wanted to share some insights on job opportunities in the insurance space. The insurance industry is growing and evolving each year, and today’s insurance landscape is more dynamic than ever. Driven by innovation and an ever-growing need for risk management solutions, the insurance industry can be a promising place to find a job. With a variety of areas to choose from including home insurance, life insurance, auto, health, and more – insurance offers job seekers an opportunity for a long-term career with lots of growth potential. According to the Bureau of Labor Statistics, “Employment of insurance sales agents is projected to grow 6 percent from 2023 to 2033, faster than the average for all occupations.”

Before you dive into the following – here are some things to know about the salary ranges shown: Compensation in the insurance industry is shaped by a variety of factors, making it essential for companies to stay competitive in the hiring market. A data-driven approach to salary trends helps organizations attract top talent while enabling insurance professionals to strategically navigate their career paths and maximize earning potential. Key factors influencing salary include candidate specialization, experience, technical skills, geographic location, education, industry certifications, company size, and more. Additionally, broader economic trends and market demand for specific roles play a critical role in shaping compensation packages.

If you’re ready for a career path in the insurance industry, here are 5 roles to consider:

Actuary

An insurance actuary is a professional who uses statistics and mathematics to assess risk and uncertainty for an insurance company. They help businesses develop risk management policies and reduce the costs of those risks (like Ben Stiller in Along Came Polly). With the increasing complexity of insurance offerings, consulting actuaries play a critical role in helping businesses navigate financial risk while optimizing their operations. Whether working with insurance providers, government agencies, or multinational corporations, these professionals combine data-driven insights with strategic thinking to support sustainable decision-making.

Average Salary Range: $100,000 to $140,000+

Insurance Underwriter

Similar to an actuary, this role entails evaluating risks associated with insuring individuals, businesses, or assets – but their focus is more on individual cases, and they are responsible for establishing insurance pricing. This position is good for individuals who enjoy working in a more front-facing role with customers. Underwriters use specialized software, industry guidelines, and their own expertise to make informed decisions that balance profitability with customer needs. Their work ensures that insurance companies take on appropriate levels of risk while offering fair and competitive rates to policyholders.

Average Salary Range: $70,000 to $120,000+

Claims Adjuster / Insurance Adjuster

A Claims Adjuster, also known as an Insurance Adjuster, is responsible for investigating insurance claims to determine how much the insurance company should pay out. Their work ensures that claims are handled fairly and efficiently, balancing the interests of both the policyholder and the insurer. Depending on their role, they may work in the field—inspecting accident scenes, homes, or businesses—or in an office, reviewing documents and conducting virtual assessments. Some Claims Adjusters work directly for insurance companies, while others operate independently or for third-party firms. This role is ideal for individuals who enjoy investigative work, problem-solving, and negotiation.

Average Salary Range: $65,000 to $95,000+

Insurance Sales Agent / Insurance Agent

These are the salespeople selling insurance policies. From the initial reach out to prospective customers, they must have strong communication skills as they explain the details of insurance policies, premiums, and help to determine what solution is best for the customer. Insurance salespeople also build long-term relationships with their clients, assisting them with policy renewals, adjustments, and claims. When a policyholder needs to file a claim, they often turn to their insurance agent for guidance on the next steps. This career is ideal for motivated, people-oriented professionals who enjoy networking, problem-solving, and helping clients secure their financial well-being.

Average Salary Range: $55,000 to $110,000+

Compliance Officer

Compliance Officers make sure insurance companies are abiding by the law. They conduct internal audits and review company procedures to identify and eliminate any potential risks related to non-compliance. They work closely with other departments to ensure that policies and procedures are up-to-date and consistently followed. This role is perfect for individuals who are detail-oriented, analytical, and enjoy working with regulations and policies to create a structured, risk-free environment.

Average Salary Range: $90,000 to $140,000+

At Goodwin Recruiting, we have an entire team of insurance recruiting experts ready to assist with your search for an insurance career. We invite you to view our current insurance jobs here.

If you’re a company looking for top insurance talent, we can match you with the insurance professionals that meet your unique hiring needs. We are able to fill all of the above mentioned insurance roles, as well as a variety of others – executive, c-suite, financial, tech, marketing, and more. Reach out today by filling out our become a client form, or learn more by viewing our Insurance Recruiters page.