The German insurance industry experienced an 11% drop in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by Allianz with 1,256 job postings according to GlobalData’s analysis of insurance company job postings. GlobalData’s Insurance: Hiring Trends & Signals Q2 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.
Notably, Office and Administrative Support Occupations jobs accounted for a 10% share of the German insurance industry new job postings in Q2 2024, up by 35% over the prior quarter.
Office and Administrative Support Occupations drive insurance industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Office and Administrative Support Occupations, which accounted for 10% of the total new job postings in Q2 2024 and were up by 142% year-on-year. Second highest were Business and Financial Operations Occupations, which accounted for 10% and rise by 64% year-on-year, and third highest were Computer and Mathematical Occupations, which were 16% of the new job postings and 20% higher year-on-year.
Top five companies in insurance industry accounted for 73% of hiring activity
The highest number of jobs were posted by Allianz with 1,256, followed by R+V Versicherung with 490, while the highest increase was at Hannover Ruck at 159%.
For further understanding of GlobalData's Insurance: Hiring Trends & Signals Q2 2024, buy the report here.
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