Job prospects Accounts Representative - Financial Sector in the Outaouais Region

We were not able to determine labour market conditions for Banking, insurance and other financial clerks in the Outaouais Region over the past few years (2021-2023) because of low employment levels in this occupation.

Source Labour Market Information | Recent Trends Methodology

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

The following factors contributed to this outlook:

• Employment decline will lead to the loss of some positions.
• Not many 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 outlook for this group depends on the number of insurance claims, the vitality of the real estate market, and the increasing demand for specialized consulting services.

The use of online electronic services, such as banking services, mortgage calculators or insurance coverage purchases, as well as significant investments in automation, could limit the employment outlook for this occupational group.

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

• Approximately 120 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): 56%
  • Federal government public administration (NAICS 911): 20%
  • Information, cultural, arts, entertainment and recreation services (NAICS 51, 71): 13%
  • Management and Administrative Services (NAICS 55-56): 10%

Source Labour Market Information | Prospects Methodology