The global insurance industry experienced a 31% drop in new job postings related to internet of things in Q3 2022 compared with the previous quarter, according to GlobalData’s whitepaper on Internet of Things in Insurance – Hiring Activity in Q3 2022. This compares to a 113% increase versus Q3 2021.

Notably, Driver/Sales Workers and Truck Drivers jobs accounted for a 29% share of the global insurance industry’s internet of things-related total new job postings in Q3 2022, up % over the prior quarter.

Driver/Sales Workers and Truck Drivers drive internet of things-related hiring activity

Driver/Sales Workers and Truck Drivers, with a share of 29%, emerged as the top internet of things-related job roles within the insurance industry in Q3 2022, with new job postings rising by % quarter-on-quarter. Software and Web Developers, Programmers, and Testers came in second with a share of 4% in Q3 2022, with new job postings drop by 41% over the previous quarter.

The other prominent internet of things roles include General and Operations Managers with a 2% share in Q3 2022, Sales Representatives, Wholesale and Manufacturing with a 2% share of new job postings.

Top five companies in insurance industry accounted for 1% of hiring activity

The top companies, in terms of number of new job postings tracked by GlobalData, as of Q3 2022 were Asurion Insurance Services, SimpliSafe, Samsung Life Insurance and UnitedHealth Group. Together they accounted for a combined share of 1% of all internet of things-related active jobs in the insurance industry.

Asurion Insurance Services posted 592 internet of things-related new jobs in Q3 2022, SimpliSafe 46 jobs, Samsung Life Insurance 46 jobs, and UnitedHealth Group 46 jobs, according to GlobalData’s Job Analytics.

Hiring activity was driven by the US with an 82% share of total active job postings, Q3 2022

The largest share of internet of things-related new job postings in the insurance industry in Q3 2022 was in the US with 82% followed by the UK (6%) and Slovakia (1%). The share represented by the US was two percentage points higher than the 80% share it accounted for in Q2 2022.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.