Job prospects Commercial Underwriter - Insurance in the Vancouver Island and Coast Region

Over the past few years (2021-2023), there was a major labour shortage for Insurance underwriters in the Vancouver Island and Coast Region. There were far more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be good for Insurance underwriters (NOC 12202) in the Vancouver Island and Coast region for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• A moderate number of 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 underwriters in the Vancouver Island and Coast region:

• Approximately 180 people worked in this occupation in May 2021.
• Insurance underwriters mainly work in the following sectors:
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%

Source Labour Market Information | Prospects Methodology