Competition for IT talent in the insurance industry is among the most intense, compared to other industries, the 2014 InformationWeek US IT Salary Survey reveals. IT skill sets are hot commodity in insurance—and warrant top dollar—for employees who are experts in big data, analytics, social media, cloud computing, information security, risk management and regulatory compliance.

"Insurers must all invest in technology to deal with the big trends," says Frank Wander, CEO and founder of consultancy PeopleProductive. "And where investment goes, jobs follow."

To track trends in compensation, salary, and employment among IT staff members, InformationWeek released its annual US IT Salary Survey. This year, nearly 650 insurance IT professionals, including staff and managers, were surveyed to measure various aspects of job satisfaction, compensation and benefits in the insurance business.

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