The Japanese insurance industry experienced a 28% rise in new job postings in Q1 2024 compared with the previous quarter, with the highest share accounted for by Manulife Financial with 28 job postings according to GlobalData’s analysis of insurance company job postings. GlobalData’s Insurance: Hiring Trends & Signals Q1 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the insurance industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for a 20% share of the Japanese insurance industry new job postings in Q1 2024, up by 40% over the prior quarter.
Management Occupations drive insurance industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 20% of the total new job postings in Q1 2024 and were flat growth by 0% year-on-year. Second highest were Computer and Mathematical Occupations, which accounted for 17% and rise by 77% year-on-year, and third highest were Office and Administrative Support Occupations, which were 167% of the new job postings and % higher year-on-year.
Top five companies in insurance industry accounted for 60% of hiring activity
The highest number of jobs were posted by Manulife Financial with 28, followed by Marsh & McLennan with 16, while the highest increase was at American International Group Inc (AIG) at 150%.
For further understanding of GlobalData's Insurance: Hiring Trends & Signals Q1 2024, buy the report here.
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