Job prospects Insurance Actuary in the Toronto Region
Explore current and future job prospects for people working as "Mathematicians, statisticians and actuaries" in the Toronto Region or across Canada.
Current and future job prospects
These outlooks were updated on December 11, 2024.
Recent trends from the past 3 years
Over the past few years (2021-2023), there was a labour shortage for Mathematicians, statisticians and actuaries in the Toronto Region. There were more job openings than workers available to fill them in this occupation.
Source Labour Market Information | Recent Trends Methodology
Job outlook over the next 3 years
The employment outlook will be moderate for Mathematicians, statisticians and actuaries (NOC 21210) in the Toronto region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Not many 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 Mathematicians, statisticians and actuaries in the Toronto region:
- Approximately 3,730 people work in this occupation.
- Mathematicians, statisticians and actuaries mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 55%
- Professional, scientific and technical services (NAICS 54): 26%
- Ambulatory health care services and hospitals (NAICS 621-622): 6%
Job prospects elsewhere in Canada
Find out what will be the job prospects for Mathematicians, statisticians and actuaries across Canada over the next 10 years, from 2022 to 2031.
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