Job prospects Accounts Representative - Financial Sector in British Columbia

Explore current and future job prospects for people working as an "accounts representative - financial sector" in British Columbia or across Canada.

Job opportunities in British Columbia

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Very good

The employment outlook will be very good for Banking, insurance and other financial clerks (NOC 14201) in British Columbia for the 2023-2025 period.

The following factors contributed to this outlook:

  • Employment growth will lead to several new positions.
  • Several positions will become available due to retirements.
  • There are a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Banking, insurance and other financial clerks in British Columbia:

  • Approximately 3,250 people work in this occupation.
  • Banking, insurance and other financial clerks mainly work in the following sectors:
    • Insurance Carriers and related activities (NAICS 524, 526): 43%
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 34%
    • Real Estate and rental and leasing (NAICS 53): 11%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 85% compared to 78% for all occupations
    • Part-time workers: 15% compared to 22% for all occupations
  • 72% of banking, insurance and other financial clerks work all year, while 28% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 45 weeks compared to 42 weeks for all occupations.
  • Less than 5% of banking, insurance and other financial clerks are self-employed compared to an average of 17% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 24% compared to 52% for all occupations
    • Women: 76% compared to 48% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 8% for all occupations
    • high school diploma or equivalent: 41% compared to 28% for all occupations
    • apprenticeship or trades certificate or diploma: 7% compared to 13% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 21% compared to 17% for all occupations
    • bachelor's degree: 23% compared to 22% for all occupations
    • university certificate, degree or diploma above bachelor level: 7% compared to 12% for all occupations

Breakdown by region

Explore job prospects in British Columbia by economic region.

Legend

0 out of 5 stars
Undetermined
1 out of 5 stars
Very limited
2 out of 5 stars
Limited
3 out of 5 stars
Moderate
4 out of 5 stars
Good
5 out of 5 stars
Very good

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 "accounts representative - financial sector" Banking, insurance and other financial clerks (NOC 14201) or across Canada.

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Labour Market Information Survey
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