Europe witnessed a 2.4% rise in IT hiring activity in the insurance industry in July 2021 compared with the previous month, according to GlobalData’s Job Analytics index.

July 2021 has seen an increase of 0.2% in the overall hiring activity when compared with June 2021.

IT jobs accounted for a 12.86% share in the industry’s total hiring activity in July 2021, registering an increase of 0.37% over the last three-month average share.

Software and Web Developers, Programmers, and Testers Occupations leads by classification in July 2021

Software and Web Developers, Programmers, and Testers Occupations emerged as the leading IT occupation in Europe with a share of 51.54% in July 2021, a 4.52% drop over the previous month. Miscellaneous Computer Occupations came in next, claiming a share of 22.62% in July 2021, marking a 15.79% month-on-month increase. In the third place was Database and Network Administrators and Architects with a share of 10.54% in July 2021, a 17.17% drop from June 2021.

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Computer and Information Analysts registered a share of 7.71% in July 2021, a 13.21% rise over the previous month.

Top five insurance companies in Europe’s IT recruitment activity in July 2021

The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average growth of 11.75% in the overall IT recruitment activity of Europe’s insurance industry during July 2021 over previous month.

Allianz posted 108 IT jobs in July 2021 and registered an increase of 14.89% over the previous month, followed by Zurich Insurance Group with 94 jobs and a 20.51% growth. Swiss Re with 67 IT jobs and AXA with 65 jobs, recorded a 22.09% decline and a 22.64% increase, respectively, while UnitedHealth Group recorded a 76.19% an increase with 37 job postings during July 2021.

Country-wise composition of IT hiring in Europe’s insurance industry

The UK commanded a leading presence in the region’s insurance industry IT hiring activity with a 27.89% share in July 2021, a 14.23% decline over June 2021. Germany featured next with a 14.01% share, down 4.39% over the previous month. Spain recorded an 8.48% share, a growth of 17.86% compared with June 2021.

Junior Level job postings dominate in July 2021

Junior Level jobs held a share of 70.57%, down by 7.58% from June 2021. Mid Level positions with a 19.92% share, a growth of 21.09% compared with the previous month.

In the third place was Entry Level job ads with 9% share, up 1.45% over June 2021, while Senior postings accounted for 0.51%, recording a month-on-month decline of 42.86%.