Job prospects Accounts Representative - Financial Sector in Nova Scotia

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

Job opportunities in Nova Scotia

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

Moderate

The employment outlook will be moderate for Banking, insurance and other financial clerks (NOC 14201) in Nova Scotia for the 2024-2026 period.

The following factors contributed to this outlook:

  • Employment is expected to remain relatively stable.
  • 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.

Here are some key facts about Banking, insurance and other financial clerks in Nova Scotia:

  • Approximately 800 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): 31%
    • Computer systems design services (NAICS 5415): 8%
    • Real Estate and rental and leasing (NAICS 53): 6%
    • Federal government public administration (NAICS 911): 5%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 93% compared to 82% for all occupations
    • Part-time workers: 7% compared to 18% for all occupations
  • 72% of banking, insurance and other financial clerks work all year, while 28% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 44 weeks compared to 42 weeks for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 18% compared to 51% for all occupations
    • Women: 82% compared to 49% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 10% for all occupations
    • high school diploma or equivalent: 26% compared to 27% for all occupations
    • apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 28% compared to 22% for all occupations
    • bachelor's degree: 31% compared to 20% for all occupations
    • university certificate, degree or diploma above bachelor level: 8% compared to 10% for all occupations

Breakdown by region

Explore job prospects in Nova Scotia 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
Location Job prospects
Annapolis Valley Region Undetermined
Cape Breton Region Undetermined
Halifax Region Moderate
North Shore Region Undetermined
Southern Region Undetermined

Source Labour Market Information | Prospects Methodology

Job prospects elsewhere in Canada

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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