Philippines insurance industry registered a 2.9% 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 decreased by 0.57% in July 2021 compared with June 2021.
Out of the insurance industry’s total hiring activity, IT jobs claimed a 23.04% share in July 2021, recording an increase of 1.33% over the last three-month average share.
Top five job classifications in Philippines insurance industry’s IT recruitment activity in July 2021
Out of the total job titles, the top five roles commanded a 98.86% share in the overall IT recruitment activity of Philippines insurance industry in July 2021.
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By GlobalData1) Software and Web Developers, Programmers, and Testers recorded a share of 51.14% in July 2021, a 19.64% drop over the previous month.
2) Miscellaneous Computer Occupations claimed a 19.32% share, an increase of 70% over the previous month.
3) Computer and Information Analysts held a share of 11.36%, registering a 16.67% decline from June 2021.
4) Database and Network Administrators and Architects captured a share of 9.09%, flat growth over the previous month.
Top five insurance companies in Philippines 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 6.17% share in the overall IT recruitment activity of Philippines insurance industry during July 2021 over June 2021.
Manulife Financial posted 56 IT jobs in July 2021 and registered a rise of 1.82% over the previous month, followed by Willis Towers Watson with 16 jobs and a 14.29% growth. QBE Insurance Group with 7 IT jobs and UnitedHealth Group with 4 jobs, recorded a 40% growth and a 42.86% decline, respectively, while China Pacific Insurance (Group) recorded a flat growth with 3 job postings during July 2021.
Junior Level job postings dominate in July 2021
Junior Level jobs held a share of 78.41%, down by 9.21% from June 2021. Entry Level positions with a 13.64% share, a growth of 20% compared with the previous month.
In the third place was Mid Level job ads with 7.95% share, flat growth over June 2021.