Job prospects Insolvency And Bankruptcy Administrator in Québec

Explore current and future job prospects for people working as an "insolvency and bankruptcy administrator" in Québec or across Canada.

Job opportunities in Québec

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 Quebec 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.

Employment trends depend on various factors related to the finance and insurance sectors.

A significant part of the positive outlook for this group depends on the increasing number of insurance claims, the vitality of the real estate market, and the increasing demand for specialized consulting services.

Since the use of online electronic services, such as banking services, mortgage calculators or insurance coverage purchases, is firmly established, these services should have a limited negative impact on job growth in this occupation.

While the employment outlook for this occupational group is moderate at the provincial level, it will be limited in Outaouais and Montréal's census metropolitan area.

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

• Approximately 5,850 people work in this occupation.
• Banking, insurance and other financial clerks mainly work in the following sectors:
  • Finance, insurance, real estate and leasing (NAICS 52, 53): 86%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 88% compared to 82% for all occupations
  • Part-time workers: 12% compared to 18% for all occupations
• 76% of banking, insurance and other financial clerks work all year, while 24% 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 46 weeks compared to 43 weeks for all occupations.
• Less than 5% of banking, insurance and other financial clerks are self-employed compared to an average of 12% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 27% compared to 52% for all occupations
  • Women: 73% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 12% for all occupations
  • high school diploma or equivalent: 22% compared to 19% for all occupations
  • apprenticeship or trades certificate or diploma: 11% compared to 19% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 31% compared to 22% for all occupations
  • bachelor's degree: 26% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: 8% compared to 11% for all occupations

Breakdown by region

Explore job prospects in Québec by economic region.

Source Labour Market Information | Prospects Methodology