How many employees work at Union Assurance?
Union Assurance Plc (UAL.N0000) has approximately 5,298 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. Union Assurance's total headcount has grown 2.9% from 5,147 employees in 2023 to 5,298 in 2025.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026
Is Union Assurance hiring right now?
Yes, Union Assurance is actively hiring. Union Assurance had 20 active job postings in 2025, a 66.7% increase from 2024 — see job openings & hiring trends.
About Union Assurance's Workforce
Union Assurance Plc (UAL.N0000) is a Financial Services company that employs 5,298 people worldwide as of December 2025. It is the 6th-largest by headcount among its peers. Founded in 1987, the company is headquartered in Colombo, Sri Lanka and trades on the Colombo Stock Exchange.
Union Assurance's workforce has grown 2.9% from 2023 to 2025, up 3.8% year over year in 2025. It fell to a low of 5,063 in 2024 Q1 before recovering. Its workforce is concentrated most in Sri Lanka (97.2%), followed by Nigeria (1.0%) and Switzerland (0.3%), with El Salvador, its fastest-growing location.
Union Assurance's largest functional groups are Finance and Operations (48.7%), Engineering (36.2%), and Sales and Marketing (15.1%), with Sales and Marketing growing fastest (up 6.6%). Median employee tenure is 4.1 years. The average salary is $11,232, ranging from a median of $80,000 in Western Europe to $8,000 in Sub-Saharan Africa.
Union Assurance's active job postings rose 66.7% in 2025 to 20, with new postings per month climbing from 12 in 2023 to 19 in 2025. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
As of December 2025
Union Assurance
workforce metrics
Headcount
5.3k
3.8% YoY
Avg. Salary
$11.2k
0.6% YoY
Tenure
4.1yr
0.2yr YoY
Growth Rate
3.8%
4.0pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Union Assurance. Compare to peers, export the dataset, and access the full quarterly history.
- Union Assurance had 5,298 employees in 2025, a 3.8% increase (+199) from 2024.
- Union Assurance had 5,099 employees in 2024, a 0.2% decline (-10) from 2023.
- Union Assurance had 5,109 employees in 2023, a 0.6% decline (-30) from 2022.
Union Assurance's total workforce has grown from 5,147 employees in 2023 to 5,298 in 2025.
Union Assurance Plc — quarterly employee count (2023–2025)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2025 | Q4 | 5,298 | +199 | +3.8% |
| 2025 | Q3 | 5,246 | +149 | +2.9% |
| 2025 | Q2 | 5,176 | +75 | +1.5% |
| 2025 | Q1 | 5,155 | +92 | +1.8% |
| 2024 | Q4 | 5,099 | -10 | -0.2% |
| 2024 | Q3 | 5,097 | -6 | -0.1% |
| 2024 | Q2 | 5,101 | -22 | -0.4% |
| 2024 | Q1 | 5,063 | -84 | -1.7% |
| 2023 | Q4 | 5,109 | -30 | -0.6% |
| 2023 | Q3 | 5,103 | -53 | -1.0% |
| 2023 | Q2 | 5,123 | -34 | -0.7% |
| 2023 | Q1 | 5,147 | +63 | +1.2% |
Want to see Union Assurance's complete headcount history back to 2017, including quarterly breakdowns?
Sri Lanka accounts for the largest share of Union Assurance's global workforce with approximately 97% of total employees, followed by Nigeria and Switzerland. Union Assurance's headcount in El Salvador is growing fastest among its major locations, up 32.0% year over year in 2025.
Union Assurance employees by country — 2025
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Sri Lanka | 5,094 | 97.2% | +2.0% |
| Nigeria | 51 | 1.0% | -7.7% |
| Switzerland | 14 | 0.3% | +0.0% |
| United States | 13 | 0.3% | +0.0% |
| El Salvador | 9 | 0.2% | +32.0% |
| United Arab Emirates | 9 | 0.2% | -31.2% |
| United Kingdom | 9 | 0.2% | +0.0% |
| Vietnam | 8 | 0.2% | +0.0% |
| Australia | 6 | 0.1% | +0.0% |
| Italy | 5 | 0.1% | +0.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Union Assurance's largest employee groups are Finance and Operations (48.7%), Engineering (36.2%), and Sales and Marketing (15.1%).
Union Assurance employees by department — 2025
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 2,568 | 48.7% | +1.7% |
| Engineering | 1,908 | 36.2% | -0.0% |
| Sales and Marketing | 796 | 15.1% | +6.6% |
Compare Union Assurance's department mix to industry peers.
Union Assurance's average employee salary is $11,232 globally. Employees in Western Europe receive the highest compensation, with median pay approximately 7.1x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $8,000.
Union Assurance median employee salary by region — 2025 (USD)
| Region | Median Salary |
|---|---|
| Western Europe | $80,000 |
| Northern America | $71,000 |
| Northern Europe | $44,000 |
| Arab States | $25,000 |
| Southern Europe | $24,000 |
| Central America and the Caribbean | $13,000 |
| Sub-Saharan Africa | $8,000 |
| Southern Asia | $8,000 |
Unlock salary by role, level, and city — and compare to Union Assurance's industry peers.
- Union Assurance had 20 active job postings in 2025, a 66.7% increase (+10) from 2024.
- Union Assurance had 10 active job postings in 2024, a 50.0% increase (+4) from 2023.
- Union Assurance had 6 active job postings in 2023, a 80.0% decline from 2022.
- Hiring velocity in 2025: 19 new roles/month, up from 15 in 2024 and 12 in 2023. New metric
Union Assurance's hiring is accelerating: active job postings rose 66.7% in 2025 to 20, with new postings per month climbing from 12 in 2023 to 19 in 2025.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across Union Assurance's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2025.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Financial Services Companies by Employee Count
- How fast is Union Assurance growing?
- In 2025, Union Assurance's headcount grew 3.8% to 5,298 employees, up from 5,099 in 2024.
- Where are Union Assurance employees located?
- Most Union Assurance employees are based in Sri Lanka (97.2% of headcount), followed by Nigeria and Switzerland.
- What is the average salary at Union Assurance?
- The average employee salary at Union Assurance is approximately $11.2k per year.
- How many people does Union Assurance hire per year?
- In 2025, Union Assurance opened roughly 228 new roles — about 19 per month.
- When was Union Assurance founded and where is it headquartered?
- Union Assurance was founded in 1987 and is headquartered in Colombo, Sri Lanka.
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