Even as the economy has stumbled, insurers' confidence in growth opportunities has led to shifting staffing needs and slightly higher salaries for insurance IT staff as carriers resume large-scale projects aimed at increasing efficiency and improving the customer experience, according to the 2012 InformationWeek U.S. IT Salary Survey. Check out many of the study's other revelations and view detailed charts on topics including the long-term view of insurance IT as a career and the growing gender gap in the sector.
July 20, 2012
1. Salary Trend
While insurance IT staff and managers saw a slight bump in salaries in 2012, and total compensation is trending upward for staff, total compensation for managers is trending downward. Median cash compensation for managers, including bonuses and other direct cash, declined to $129,000 this year from $132,000 in 2011.
