Job prospects Insurance Clerk - Financial Sector in Alberta

Explore current and future job prospects for people working as an "insurance clerk - financial sector" in Alberta or across Canada.

Job opportunities in Alberta

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Moderate

The employment outlook will be moderate for Banking, insurance and other financial clerks (NOC 14201) in Alberta 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.

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

  • Approximately 1,900 people work in this occupation.
  • Banking, insurance and other financial clerks mainly work in the following sectors:
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 40%
    • Insurance Carriers and related activities (NAICS 524, 526): 39%
    • Real Estate and rental and leasing (NAICS 53): 7%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 92% compared to 80% for all occupations
    • Part-time workers: 8% compared to 20% for all occupations
  • 77% of banking, insurance and other financial clerks work all year, while 23% 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 46 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 15% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 17% compared to 53% for all occupations
    • Women: 83% compared to 47% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: 5% compared to 10% for all occupations
    • high school diploma or equivalent: 35% compared to 28% for all occupations
    • apprenticeship or trades certificate or diploma: 9% compared to 13% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 20% compared to 19% for all occupations
    • bachelor's degree: 25% compared to 21% for all occupations
    • university certificate, degree or diploma above bachelor level: 5% compared to 9% for all occupations

Breakdown by region

Explore job prospects in Alberta 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

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 "insurance clerk - 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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