Canada insurance industry registered a 5.5% rise in IT hiring activity in July 2021 compared with the previous month, according to GlobalData’s Job Analytics index.
The industry’s overall hiring increased by 2.87% in July 2021 compared with June 2021.
Out of the insurance industry’s total hiring activity, IT jobs claimed an 11.66% share in July 2021, recording decrease of 0.39% over the last three-month average share.
Top five job classifications in Canada insurance industry’s IT recruitment activity in July 2021
Out of the total job titles, the top five roles commanded a 99.09% share in the overall IT recruitment activity of Canada insurance industry in July 2021.
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By GlobalData1) Software and Web Developers, Programmers, and Testers recorded a share of 47.56% in July 2021, a 7.69% drop over the previous month.
2) Miscellaneous Computer Occupations claimed a 21.95% share, decline of 21.74% over the previous month.
3) Database and Network Administrators and Architects held a share of 16.77%, registering a 5.77% rise from June 2021.
4) Computer and Information Analysts captured a share of 7.93%, flat growth over the previous month.
Top five insurance companies in Canada IT recruitment activity in July 2021
The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average decline of 1.52% share in the overall IT recruitment activity of Canada insurance industry during July 2021 over June 2021.
The Travelers Companies posted 74 IT jobs in July 2021 and registered a rise of 111.43% over the previous month, followed by Dai-ichi Life Holdings with 47 jobs and a 33.8% drop. Intact Financial with 29 IT jobs and Economical Mutual Insurance with 23 jobs, recorded a 14.71% drop and a 23.33% decline, respectively, while Power Financial recorded a 21.43% decline with 22 job postings during July 2021.
Junior Level job postings dominate in July 2021
Junior Level jobs held a share of 70.12%, down by 14.81% from June 2021. Mid Level positions with a 21.65% share, a growth of 22.41% compared with the previous month.
In the third place was Entry Level job ads with 7.62% share, down 3.85% over June 2021, while Senior postings accounted for 0.61%, recording a month-on-month decline of 33.33%.