Job prospects Insurance Clerk - Financial Sector in the Capitale-Nationale Region

Over the past few years (2021-2023), the labour market was balanced for Banking, insurance and other financial clerks in the Capitale-Nationale Region. The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be moderate for Banking, insurance and other financial clerks (NOC 14201) in the Capitale-Nationale region for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment decline will lead to the loss of some positions.
• Several positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

Employment trends depend on various factors related to the finance and insurance sectors.

A significant part of the positive outlook for this group depends on the increasing number of insurance claims, the vitality of the real estate market, and the increasing demand for specialized consulting services.

Since the use of online electronic services, such as banking services, mortgage calculators or insurance coverage purchases, is firmly established, these services should have a limited negative impact on job growth in this occupation.

While the employment outlook for this occupational group is moderate at the provincial level, it will be limited in Outaouais and Montréal's census metropolitan area.

Here are some key facts about Banking, insurance and other financial clerks in the Capitale-Nationale region:

• Approximately 440 people worked in this occupation in May 2021.
• Banking, insurance and other financial clerks mainly work in the following sectors:
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 88%

Source Labour Market Information | Prospects Methodology