News Summary
Jewelers Mutual Group has opened a new office in Raleigh’s One North Hills Tower, creating 200 high-paying jobs focused on digital growth and data analytics. This expansion reflects the company’s commitment to establishing an innovation hub in the region as part of a broader economic development strategy.
Raleigh, North Carolina — Jewelers Mutual Group Opens New Office, Creates 200 Jobs
Raleigh, NC — Jewelers Mutual Group, an insurance provider specializing in jewelry coverage, has officially opened a new office in Raleigh’s One North Hills Tower, marking a significant expansion in the region. The new facility, which occupies 31,000 square feet on the ninth floor of the building, was inaugurated earlier this month in September 2025.
Key Details of the Office Opening
The company’s North Carolina office is part of a broader strategic move to establish an innovation hub in Raleigh. The expansion aims to create 200 high-paying jobs over the next five years, with an initial focus on roles centered around digital growth and data analytics. These openings include software engineers, product managers, designers, marketing professionals, and human resources personnel. The employment opportunities are projected to offer an average annual salary of $169,592, which is more than double the current average wage in Wake County.
Strategic Location and Business Environment
The decision to select Raleigh as the site for this expansion was driven by several factors. The region is known for its favorable business climate and collaborative culture. Raleigh’s proximity to research and technology centers, along with the presence of leading universities in the Triangle area, makes it an ideal location for technology-driven companies like Jewelers Mutual. The company also considered 15 potential locations, including Dallas, before settling on Raleigh, citing lower real estate costs and a high quality of life as the primary reasons for the choice.
Economic Impact and Incentives
Jewelers Mutual’s expansion is expected to have a significant economic impact for North Carolina, with an estimated increase of about $691 million in the state’s gross domestic product. The company has committed to investing $5.8 million in the region and is eligible for state and local incentives exceeding $3.3 million, contingent on meeting specific investment and job creation targets.
Background and Company Profile
Founded in 1913, Jewelers Mutual provides insurance coverage tailored to jewelry businesses and consumers across over 1 million customers in the United States and Canada. The company also maintains additional offices in Dallas and Miami. Its recent expansion effort is part of an ongoing economic development initiative to foster regional growth and innovation.
Additional Developments in Raleigh
The recent lease by Jewelers Mutual is part of a broader trend of office expansions within Raleigh’s One North Hills Tower. Several other international and local firms have also leased space in the building, indicative of a growing optimism about the area’s economic prospects and business-friendly environment.
Future Outlook
Jewelers Mutual has committed to additional hiring and growth in the coming years, emphasizing talent attraction and technological development. The company’s investment is anticipated to bolster North Carolina’s economic landscape and foster ongoing innovation within the region.
Deeper Dive: News & Info About This Topic
HERE Resources
Insights from a New Resident on Life in Raleigh
Raleigh’s Business Growth and Community Development Highlights
Jewelers Mutual Group Expands to Raleigh with New Office
Additional Resources
- Business North Carolina: Jewelers Mutual Establishing a Presence in Raleigh
- PR Newswire: Jewelers Mutual 2025 Collectibles Study
- Axios: Jewelers Mutual One North Hills Tower
- News Observer: Jewelry Insurance Company Plans Expansion
- PR Newswire: Jewelers Mutual Group Acquires Q Report
- Wikipedia: Jewelry Insurance
- Google Search: Jewelers Mutual Raleigh expansion
- Google Scholar: Jewelers Mutual Group
- Encyclopedia Britannica: Jewelry Insurance
- Google News: Jewelers Mutual
Author: STAFF HERE RALEIGH WRITER
RALEIGH STAFF WRITER The RALEIGH STAFF WRITER represents the experienced team at HERERaleigh.com, your go-to source for actionable local news and information in Raleigh, Wake County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the North Carolina State Fair, Raleigh Arts Festival, and the Hopscotch Music Festival. Our coverage extends to key organizations like the Greater Raleigh Chamber of Commerce and Visit Raleigh, plus leading businesses in technology and education that power the local economy such as Red Hat and NC State University. As part of the broader HERE network, including HEREAsheville.com, HERECharlotte.com, HEREGreensboro.com, and HEREOBX.com, we provide comprehensive, credible insights into North Carolina's dynamic landscape.
