Wisedocs blog
-
How To

How AI Has Created Insurtech Jobs

The rise of artificial intelligence has sparked plenty of conversations about whether it might replace jobs, but in the insurtech industry, AI is creating opportunities instead.

Published on:
January 22, 2025

The rise of artificial intelligence (AI) has sparked plenty of conversations about whether it might replace jobs, but in the insurtech industry, AI is creating opportunities instead. A recent survey found that nearly 93% of CEOs plan to grow their teams over the next three years. As companies use AI-driven tools to streamline operations, they’re also creating roles that didn’t even exist a decade ago. Jobs such as AI prompt engineers, who craft the inputs that make AI tools work, and cybersecurity specialists, who safeguard these systems, are just a couple of examples of how AI is opening new doors in this evolving field.

New Careers Built for an AI-Powered Future

AI is doing more than transforming the insurtech industry; it’s creating space for people to thrive in exciting, new careers. With AI systems frequently handling sensitive information, the demand for cybersecurity experts has skyrocketed, and it’s not slowing down. The global AI in cybersecurity market is expected to grow from $24 billion in 2023 to a staggering $134 billion by 2030, underscoring how critical these roles have become in securing AI-driven processes.

But the opportunities don’t stop there. AI trainers are teaching systems to recognize fraud or predict risks, blending human intuition with technology. Data governance specialists are stepping in to ensure AI decisions stay ethical and transparent, which is vital for building trust in the insurance world. Also, emerging roles like Machine Learning Operations specialists are keeping AI systems running smoothly, helping insurers deliver better, faster solutions for their policyholders.

Why Secure and Responsible AI Is Driving Industry Growth

For AI to succeed in insurtech, it must be safe, ethical, and trustworthy, especially when handling sensitive insurance claims and private health information data. That’s why roles like data governance specialists and AI ethics officers are so critical. These experts ensure AI systems operate fairly, transparently, and securely, building trust with both businesses and customers. The importance of these roles is underscored by the rising cost of data breaches, which reached a record $4.45 million in 2024. In an industry where safeguarding information is crucial, having skilled experts to protect sensitive data is essential for success.

At Wisedocs, we’re committed to responsible AI use, designing tools that prioritize privacy and ethical standards. With measures like SOC 2 certification, we ensure our AI processes meet the highest levels of security and compliance.

As AI continues to grow, so does the need for professionals who can guide its responsible use, combining technical expertise with a focus on doing what’s right. 

How AI and Humans Are Working Together to Shape Insurtech

AI’s real power in insurtech lies in how it supports human expertise, creating opportunities for smarter and more efficient collaboration. In claims processing, AI handles repetitive tasks like sorting documents or flagging inconsistencies, allowing adjusters to focus on complex decisions and client relationships. AI-driven document processing can be up to 70% faster than manual methods, giving professionals the time to tackle more strategic and nuanced challenges. 

The same is true in underwriting. AI analyzes data to identify trends and risks, but underwriters bring the human judgment needed to interpret the findings and make informed decisions. This partnership enhances accuracy, speed, and personalization. By working together, AI and humans are shaping an insurtech industry that is more advanced and responsive to customer needs.

The Future of Jobs in Insurtech Looks Bright

The insurtech industry is evolving, and AI is creating exciting opportunities for meaningful careers. Rather than replacing jobs, AI is empowering people to focus on creative, strategic, and impactful work.

Roles like AI trainers, cybersecurity specialists, and data governance experts are in high demand, offering a chance to shape the future of insurance. If you’re ready to make a difference and thrive in a growing industry, insurtech is full of possibilities -- and you’re at the center of it all!

Paig Stafford

Paig Stafford is an aspiring Registered Dietitian and experienced writer, skilled in making complex health and tech topics accessible. Her work spans sectors like tech startups and software companies, with a focus on health tech. Currently, she's pursuing a MHSc in Nutrition Communication at Toronto Metropolitan University, linking dietetics with health insurance tech. In her free time, she enjoys creating healthy recipes and video gaming.

try wisedocs

Ready to transform your document processing?