MARKET INTELLIGENCE

USA Insurance & Actuarial Talent Report 2026 Hiring, Careers & Compensation

Insurance & actuarial employers are under pressure to move faster and compete harder for specialist talent in 2026. Demand for actuarial expertise continues to grow: The U.S. Bureau of Labor Statistics projects employment of actuaries to increase by 22% from 2024 to 2034, far above the average for all occupations. This comes at a time when insurers are responding to new and complex risk challenges, from natural catastrophe exposure and climate resilience to AI adoption and workflow modernization. In today's candidate-driven market, this puts talent strategy urgently on the business agenda, but attracting and retaining the best professionals requires an up-to-date understanding of what professionals value in their roles and careers, their compensation requirements, and where offers may be falling behind market standards.

For professionals, demand for their skills creates opportunity, but also raises the stakes. Career moves can improve salary, progression, wellbeing, and exposure to high-demand areas of the industry, but the wrong one can limit development or place you in a role that does not match your long-term goals. To provide a clear, current view of what matters in the hiring market right now, Selby Jennings surveyed over 150 insurance & actuarial professionals across the USA. This report translates their responses into practical benchmarks and insights across compensation, bonuses, flexible working, benefits, career motivations, counter offers, relocation, and retention. For hiring managers, business leaders, and insurance & actuarial professionals alike, the findings that follow can be used to benchmark your position, challenge assumptions, and make more informed decisions in a talent market where the right hire, or the right move, can have a lasting impact.

Contents

Market Sentiment

How confident do insurance & actuarial professionals feel about their current and future career prospects, and the impact of AI on their roles?

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Base Salaries

Find out why over a third of survey respondents feel underpaid, despite 84% receiving a salary increase in the past year.

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Yearly Bonuses

Although 86% of surveyed insurance & actuarial professionals received a bonus this year, they can't always be relied upon as a retention tool.

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Flexible Working

Flexible working policies are more important than ever. With 96% already working remotely, explore new strategies to ensure your roles are attractive.

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Benefits

With core employee benefits like retirement plans and medical coverage near-universal, how can you tailor your packages to stand out?

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Career Motivations

Discover the leading factors influencing career movements among insurace & actuarial professionals today, from work-life balance to pay.

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Exam Program Guidance

Benchmarks on study hours and compensation increases for passing exams across life & annuity, health, and property & casualty insurance.

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Summary

What this year's survey findings mean for employers hiring talent, and insurance & actuarial professionals considering their next move.

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About Selby Jennings

Discover how we support finance firms and professionals globally with building world-class teams, and get in touch today.

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