Here are two things we know for certain about science and technology in today's society: Technology now touches nearly every aspect of our lives, and with each new tech advance comes an array of fresh risks to manage. These trends alone are good reason for insurance professionals to zero-in on locations that attract technology companies and professionals, whose median income in the United States is $102,826, according to data from the Bureau of Labor Statistics (BLS). Here are some other telling government statistics about this booming field:
  • Four years ago (in 2015), there were 8.6 million STEM jobs in the United States, which represented close to 7% of all U.S. workers, according to the BLS.
  • Computer jobs made up nearly 45% of STEM occupations in 2015.
  • Nearly all STEM jobs touch on some aspect of information science.
  • The majority of STEM jobs come with salaries that outpace the national average.
  • The number of STEM jobs is expected to grow by more than 28% by 2024.
There's another benefit to insurance professionals who cater to businesses in the STEM (science, technology, engineering and mathematics) sector: Many of these companies tend to clump together in the same metropolitan areas. Consider that 20% of all workers in the San Jose-Sunnyvale-Santa Clara metropolitan area work in STEM jobs, and that figure climbs closer to 25% around Lexington Park, Maryland. With an eye toward insurance professionals who specialize in managing STEM professional risks, the slideshow above features the top 10 locations in the United States for STEM jobs, based on the percentage of workers there engaged in these types of occupations. See also:
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