Philippines insurance industry registered a 2.9% rise in IT hiring activity in May 2021 compared with the previous month, according to GlobalData’s Job Analytics index.
The industry’s overall hiring an increased by 1.26% in May 2021 compared with April 2021.
Out of the insurance industry’s total hiring activity, IT jobs claimed a 21.25% share in May 2021, recording an increase of 0.12% over the last three-month average share.
Top five job classifications in Philippines insurance industry’s IT recruitment activity in May 2021
Out of the total job titles, the top five roles commanded a 100% share in the overall IT recruitment activity of Philippines insurance industry in May 2021.
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By GlobalData1) Software and Web Developers, Programmers, and Testers recorded a share of 46.24% in May 2021, a 33.85% drop over the previous month.
2) Computer Support Specialists claimed a 20.43% share, an increase of 111.11% over the previous month.
3) Computer and Information Analysts held a share of 17.2%, registering a 220% rise from April 2021.
4) Miscellaneous Computer Occupations captured a share of 16.13%, up 25% over the previous month.
Top five insurance companies in Philippines IT recruitment activity in May 2021
The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average decline of 1.06% share in the overall IT recruitment activity of Philippines insurance industry during May 2021 over April 2021.
Willis Towers Watson posted 38 IT jobs in May 2021 and registered a rise of 52% over the previous month, followed by Manulife Financial with 35 jobs and a 12.5% drop. UnitedHealth Group with 13 IT jobs and QBE Insurance Group with 5 jobs, recorded a 48% drop and a 150% increase, respectively, while Grupo de Inversiones Suramericana recorded a flat growth with 2 job postings during May 2021.
Junior Level job postings dominate in May 2021
Junior Level jobs held a share of 78.49%, down by 13.1% from April 2021. Mid Level positions with a 10.75% share, a growth of 42.86% compared with the previous month.
In the third place was Entry Level job ads with 10.75% share, up 11.11% over April 2021.