Job prospects Assistant Branch Manager – Insurance in Alberta

Explore current and future job prospects for people working as an "assistant branch manager – insurance" in Alberta or across Canada.

Job opportunities in Alberta

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be good for Insurance, real estate and financial brokerage managers (NOC 10020) in Alberta for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a few 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 Insurance, real estate and financial brokerage managers in Alberta:

• Approximately 2,500 people work in this occupation.
• Insurance, real estate and financial brokerage managers mainly work in the following sectors:
  • Real Estate and rental and leasing (NAICS 53): 40%
  • Insurance Carriers and related activities (NAICS 524, 526): 39%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 16%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 90% compared to 80% for all occupations
  • Part-time workers: 10% compared to 20% for all occupations
• 86% of insurance, real estate and financial brokerage managers work all year, while 14% 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 49 weeks compared to 42 weeks for all occupations.
• 30% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 15% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 57% compared to 53% for all occupations
  • Women: 42% compared to 47% 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: 21% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: 6% compared to 13% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 25% compared to 19% for all occupations
  • bachelor's degree: 32% compared to 21% for all occupations
  • university certificate, degree or diploma above bachelor level: 14% compared to 9% for all occupations

Breakdown by region

Explore job prospects in Alberta by economic region.

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 "assistant branch manager – insurance" Insurance, real estate and financial brokerage managers (NOC 10020) or across Canada.

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