Job prospects Insurance Manager in Ontario

Explore current and future job prospects for people working as an "insurance manager" in Ontario or across Canada.

Job opportunities in Ontario

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be good for Insurance, real estate and financial brokerage managers (NOC 10020) in Ontario for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new 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 Insurance, real estate and financial brokerage managers in Ontario:

• Approximately 15,900 people work in this occupation.
• Insurance, real estate and financial brokerage managers mainly work in the following sectors:
  • Insurance Carriers and related activities (NAICS 524, 526): 49%
  • Real Estate and rental and leasing (NAICS 53): 33%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 15%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 93% compared to 81% for all occupations
  • Part-time workers: 7% compared to 19% for all occupations
• 84% of insurance, real estate and financial brokerage managers work all year, while 16% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.
• 21% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 15% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 54% compared to 52% for all occupations
  • Women: 46% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 9% for all occupations
  • high school diploma or equivalent: 13% compared to 25% for all occupations
  • apprenticeship or trades certificate or diploma: less than 5% compared to 8% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 20% compared to 22% for all occupations
  • bachelor's degree: 43% compared to 24% for all occupations
  • university certificate, degree or diploma above bachelor level: 20% compared to 13% for all occupations

Breakdown by region

Explore job prospects in Ontario 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 manager" Insurance, real estate and financial brokerage managers (NOC 10020) or across Canada.

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