Job prospects Insurance Clerk - Financial Sector in the Lower Mainland–Southwest Region

Explore current and future job prospects for people working as "Banking, insurance and other financial clerks" in the Lower Mainland–Southwest Region or across Canada.

Current and future job prospects

These outlooks were updated on November 29, 2023.

Recent trends from the past 3 years

Labour shortage

Over the past few years (2021-2023), there was a labour shortage for Banking, insurance and other financial clerks in the Lower Mainland–Southwest Region. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

Job outlook over the next 3 years

Very good

The employment outlook will be very good for Banking, insurance and other financial clerks (NOC 14201) in the Lower Mainland - Southwest region 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.
  • High employee turnover in this occupation could lead to additional employment opportunities.

Here are some key facts about Banking, insurance and other financial clerks in the Lower Mainland - Southwest region:

  • Approximately 2,430 people work in this occupation.
  • Banking, insurance and other financial clerks mainly work in the following sectors:
    • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 89%

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Find out what will be the job prospects for Banking, insurance and other financial clerks across Canada over the next 10 years, from 2022 to 2031.

Learn more

Labour Market Information Survey
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