India insurance industry registered a 3.4% 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 143.71% in July 2021 compared with June 2021.
Out of the insurance industry’s total hiring activity, IT jobs claimed a 14.93% share in July 2021, recording decrease of 21.43% over the last three-month average share.
Top five job classifications in India insurance industry’s IT recruitment activity in July 2021
Out of the total job titles, the top five roles commanded a 100% share in the overall IT recruitment activity of India insurance industry in July 2021.
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By GlobalData1) Software and Web Developers, Programmers, and Testers recorded a share of 77.47% in July 2021, a 7.08% growth over the previous month.
2) Miscellaneous Computer Occupations claimed a 9.22% share, an increase of 42.11% over the previous month.
3) Database and Network Administrators and Architects held a share of 8.19%, registering a 26.32% rise from June 2021.
4) Computer and Information Research Scientists captured a share of 3.75%, up 37.5% over the previous month.
Top five insurance companies in India 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 growth of 23.26% share in the overall IT recruitment activity of India insurance industry during July 2021 over June 2021.
UnitedHealth Group posted 184 IT jobs in July 2021 and registered a drop of 2.13% over the previous month, followed by Bajaj Finserv with 41 jobs and a flat growth. Swiss Re with 19 IT jobs and Berkshire Hathaway with 11 jobs, recorded a 5% drop and a 175% increase, respectively, while Willis Towers Watson recorded a 233.33% an increase with 10 job postings during July 2021.
Junior Level job postings dominate in July 2021
Junior Level jobs held a share of 51.54%, up by 12.69% from June 2021. Mid Level positions with a 44.37% share, a growth of 7.44% compared with the previous month.
In the third place was Entry Level job ads with 4.1% share, flat growth over June 2021.