Insurance carriers

Industry Group

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Workforce Population
1.97M
2023
Average Employee Age
N/A
N/A
Estimated Job Growth
1.69%
10-Year Projection
Average Salary
N/A
N/A
Average Male Salary
$118,029
2023
Average Female Salary
$75,641
2023

About

The top three occupations in the Insurance carriers Industry Group are N/A. On average, full-time employees in the Insurance carriers Industry Group work 42.4 hours per week and have an average annual salary of $94,545. Part-time employees in the same industry work 21.6 hours and earn an average annual salary of $43,546.

The locations with the highest concentration of employees in the Insurance carriers Industry Group are N/A.

The workforce of Insurance carriers Industry Group in 2023 was 1,971,004 people, with 62.5% woman, and 37.5% men.

In N/A, N/A% of the workforce in the Insurance carriers Industry Group was N/A (N/A people), of which N/A% were women and N/A% men.

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Insurance carriers Industry Group.

The workforce in Insurance carriers Industry Group was 1,971,004 people and is concentrated in N/A. The average annual salary was N/A, being $NaNM less than the national average salary, which was N/A.

Monthly Employment

Start Year
Y-Axis
1.33%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 686k people employed in the Insurance Carriers industry. This represents a 1.33% increase in employment when compared to February 2022.

This chart shows monthly employment numbers for Insurance Carriers over time (non-seasonally adjusted).

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Employment by Location

The states that concentrated the largest workforce in N/A were N/A.

This map shows the states in the United States shaded by workforce for Insurance carriers Industry Group.

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Yearly Wage Ranking

The graph shows the position of Insurance carriers Industry Group in the ranking of industries by average annual wage.

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Wage Distribution

N/A
WAGE GINI

Insurance carriers has a wage GINI of N/A, which is approximately the same than the national average of N/A. In other words, wages are distributed more evenly in Insurance carriers (shown in red) in comparison to the national average for those wage buckets (shown in gray).

The graphic shows the distribution of average salaries by buckets for Insurance carriers Industry Group workers compared to the entire workforce in the country.

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Occupations

A review of jobs and wages in the Insurance carriers Industry Group.

N/A, but the Insurance carriers Industry Group employs a relatively high number of N/A.

The highest average salary in Insurance carriers goes to Physicians.

Occupations Distribution

The graph shows the distribution of employees in the Insurance carriers Industry Group according to occupations. In N/A, the occupations that concentrated the largest number of employees in this industry were N/A

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Wage by Sex in Common Jobs

$118,029
AVERAGE MALE SALARY
±$3,227
$75,641
AVERAGE FEMALE SALARY
±$1,431

On average, Male workers in the Insurance carriers Industry Group make 1.56 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Insurance carriers Industry Group.

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Business

Estimates of the sources of the costs and the purchasers of the products in the Insurance carriers Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Insurance carriers Industry Group.

The Insurance carriers Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Finance, insurance, real estate, rental, and leasing Industry.

Industrial Flow

The closest comparable data for Insurance carriers is from Finance & Insurance, and Real Estate, Rental & Leasing.

Finance, insurance, real estate, rental, and leasing has the highest single input, by dollars, to the Insurance carriers Industry Group, and the largest industry purchasing services from the Insurance carriers Industry Group is Finance, insurance, real estate, rental, and leasing.

In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

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Intermediate Inputs

The closest comparable data for Insurance carriers is from Finance & Insurance, and Real Estate, Rental & Leasing.
HIGHEST INPUT INDUSTRY
  1. Finance, insurance, real estate, rental, and leasing
  2. Professional and business services
  3. Information

The Insurance carriers Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Finance, insurance, real estate, rental, and leasing Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

The closest comparable data for Insurance carriers is from Finance & Insurance, and Real Estate, Rental & Leasing.
LARGEST PURCHASING INDUSTRY
  1. Finance, insurance, real estate, rental, and leasing
  2. Professional and business services
  3. Transportation and warehousing

The Finance, insurance, real estate, rental, and leasing Industry purchases the greatest share of products and services from the Insurance carriers Industry Group in order to produce other goods and services. Purchases of the Insurance carriers Industry Group for final consumption by consumers, businesses, or government are not included here.

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Diversity

Demographic information on the Insurance carriers Industry Group in the US.

Of the total workforce, 62.5% corresponds to women and 37.5% men. Male employees tend to earn more than Female employees, with average respective salaries of $118,029 and $75,641.

N/A% of workers have a N/A.

Gender and Age

1,231,549
Women
62.5%
739,455
Men
37.5%

The workforce of Insurance carriers industry in 2023 was 1,971,004 people, with 62.5% woman, and 37.5% men.

The visualization shows the distribution of the workforce by gender and age in Insurance carriers industry.

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Races

In N/A, N/A% of the workforce in the Insurance carriers industry was N/A (N/A people), of which N/A% were women and N/A% men.

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Educational Levels

The main educational levels achieved by the Insurance carriers workers in N/A were N/A.

The chart shows the Insurance carriers workforce by gender and educational level.

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Projections

Growth projections of the Insurance Carriers industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 1.69% in the next ten years. The Insurance Carriers industry has a lower projected workforce growth at 1.69%. Its projected 10-year growth in output (14.2%) is lower than the projected national growth in output (14.2%).

Job Growth

1.69%
Estimated Job Growth
10-year Projection
1.69%
National Growth
10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Insurance Carriers. This industry is expected to grow approximately the same than 1.69%, the average rate of national job growth.

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Output Growth

14.2%
Estimate Growth
10-year Projection

This line chart shows the projected 10-year growth in output of the Insurance Carriers industry.

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