Job prospects Insurance Clerk - Financial Sector in Nova Scotia

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

Job opportunities in Nova Scotia

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be good for Banking, insurance and other financial clerks (NOC 14201) in Nova Scotia 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 small number of unemployed workers with recent experience in this occupation.

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

• Approximately 800 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): 43%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 31%
  • Computer systems design services (NAICS 5415): 8%
  • Real Estate and rental and leasing (NAICS 53): 6%
  • Federal government public administration (NAICS 911): 5%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 93% compared to 82% for all occupations
  • Part-time workers: 7% compared to 18% for all occupations
• 72% of banking, insurance and other financial clerks work all year, while 28% 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 44 weeks compared to 42 weeks for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 18% compared to 51% for all occupations
  • Women: 82% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 10% for all occupations
  • high school diploma or equivalent: 26% compared to 27% for all occupations
  • apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 28% compared to 22% for all occupations
  • bachelor's degree: 31% compared to 20% for all occupations
  • university certificate, degree or diploma above bachelor level: 8% compared to 10% for all occupations

Breakdown by region

Explore job prospects in Nova Scotia by economic region.

Source Labour Market Information | Prospects Methodology

Job prospects elsewhere in Canada

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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