Job prospects Financial Clerk - Financial Sector in British Columbia

Explore current and future job prospects for people working as a "financial clerk - 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

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.

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as a "financial clerk - financial sector" Banking, insurance and other financial clerks (NOC 14201) or across Canada.

Learn more