Job prospects Adjuster in Ontario
Explore current and future job prospects for people working as an "adjuster" in Ontario or across Canada.
Job opportunities in Ontario
These outlooks were updated on November 29, 2023.
Prospects over the next 3 years
The employment outlook will be good for Insurance adjusters and claims examiners (NOC 12201) in Ontario for the 2023-2025 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
What Types of Employers Are Out There?
- Almost all insurance adjusters and claims examiners are employed in the finance and insurance sector, working at insurance carriers, agencies, and brokerage houses
What are the Main Trends Affecting Employment?
- Growth in the population and in the number of residences should add more insurance business activities
- Effects of climate change resulting in incidences of severe weather conditions and property damage
- Increase in motor vehicle registrations
- Accelerated digitization in the insurance industry will likely streamline and enhance existing processes, potentially affecting these workers
What Skills Do I Need to Succeed?
- In addition to other formal education, employers tend to recruit individuals who have completed or working towards the Chartered Insurance Professional (CIP) designation
- Extensive knowledge of an employer’s business line and insurance products will provide an advantage to job seekers
- Job prospects will be more favourable for individuals with several years of industry experience, and high proficiency in using computer applications
What Other Information Will I Find Helpful?
- For some positions, employment opportunities may be better for those willing to travel for work-related matters, and a valid driver’s licence may be a requirement.
Here are some key facts about Insurance adjusters and claims examiners in Ontario:
- Approximately 16,900 people work in this occupation.
- Insurance adjusters and claims examiners mainly work in the following sectors:
- Insurance Carriers and related activities (NAICS 524, 526): 95%
- 84% of insurance adjusters and claims examiners work all year, while 16% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.
- Less than 5% of insurance adjusters and claims examiners are self-employed compared to an average of 15% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 37% compared to 52% for all occupations
- Women: 63% compared to 48% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 9% for all occupations
- high school diploma or equivalent: 17% compared to 25% for all occupations
- apprenticeship or trades certificate or diploma: less than 5% compared to 8% for all occupations
- college certificate or diploma or university certificate below bachelor's: 33% compared to 22% for all occupations
- bachelor's degree: 38% compared to 24% for all occupations
- university certificate, degree or diploma above bachelor level: 7% compared to 13% for all occupations
Breakdown by region
Explore job prospects in Ontario by economic region.
Legend
Source Labour Market Information | Prospects Methodology
Labour market conditions over the next 10 years
Explore current and future job prospects for people working as an "adjuster" Insurance adjusters and claims examiners (NOC 12201) or across Canada.
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