The UK insurance industry registered a 3.8% 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 7.4% in July 2021 compared with June 2021.
Out of the insurance industry’s total hiring activity, IT jobs claimed a 13% share in July 2021, recording decrease of 0.54% over the last three-month average share.
Top five job classifications in the UK insurance industry’s IT recruitment activity in July 2021
Out of the total job titles, the top five roles commanded a 97.7% share in the overall IT recruitment activity of the UK insurance industry in July 2021.
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By GlobalData1) Software and Web Developers, Programmers, and Testers recorded a share of 43.32% in July 2021, a 25.4% drop over the previous month.
2) Miscellaneous Computer Occupations claimed a 27.19% share, an increase of 25.53% over the previous month.
3) Database and Network Administrators and Architects held a share of 13.82%, registering a 23.08% decline from June 2021.
4) Computer Support Specialists captured a share of 7.83%, up 41.67% over the previous month.
Top five insurance companies in the UK 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 decline of 16.51% share in the overall IT recruitment activity of the UK insurance industry during July 2021 over June 2021.
Anthem posted 28 IT jobs in July 2021 and registered a rise of 300% over the previous month, followed by Willis Towers Watson with 27 jobs and a 57.14% drop. Zurich Insurance Group with 14 IT jobs and Hiscox with 11 jobs, recorded a 27.27% growth and an 8.33% decline, respectively, while Munchener Ruckversicherungs-Gesellschaft(Munich Re) recorded a 31.25% decline with 11 job postings during July 2021.
Junior Level job postings dominate in July 2021
Junior Level jobs held a share of 71.43%, down by 17.11% from June 2021. Mid Level positions with a 21.2% share, a growth of 12.2% compared with the previous month.
In the third place was Entry Level job ads with 7.37% share, down 33.33% over June 2021.