Job prospects Insurance Clerk - Financial Sector in New Brunswick

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

Job opportunities in New Brunswick

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be moderate for Banking, insurance and other financial clerks (NOC 14201) in New Brunswick for the 2023-2025 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 moderate number of unemployed workers with recent experience in this occupation.

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

• Approximately 600 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): 48%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 21%
  • Federal government public administration (NAICS 911): 9%
  • Postal service, couriers and messengers (NAICS 491, 492): 9%
  • Scenic and sightseeing transportation and support activities for transportation (NAICS 487-488): 8%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 95% compared to 84% for all occupations
  • Part-time workers: 5% compared to 16% for all occupations
• 77% of banking, insurance and other financial clerks work all year, while 23% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 23% compared to 52% for all occupations
  • Women: 77% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 38% compared to 30% for all occupations
  • apprenticeship or trades certificate or diploma: 9% compared to 12% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 24% compared to 23% for all occupations
  • bachelor's degree: 25% compared to 16% for all occupations
  • university certificate, degree or diploma above bachelor level: less than 5% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick 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 "insurance clerk - financial sector" Banking, insurance and other financial clerks (NOC 14201) or across Canada.

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