Job prospects Insurance Clerk - Financial Sector in Prince Edward Island

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

Job opportunities in Prince Edward Island

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

The employment outlook will be moderate for Banking, insurance and other financial clerks (NOC 14201) in Prince Edward Island for the 2024-2026 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 Prince Edward Island:

• Approximately 50 people worked in this occupation in May 2021.
• Banking, insurance and other financial clerks mainly work in the following sectors:
  • Real Estate and rental and leasing (NAICS 53): 33%
  • Insurance Carriers and related activities (NAICS 524, 526): 27%
  • Federal government public administration (NAICS 911): 18%
  • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 14%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 8%
• 77% of banking, insurance and other financial clerks work all year, while 23% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 44 weeks compared to 41 weeks for all occupations.
• The gender distribution of people in this occupation is:
  • Men: less than 5% compared to 51% for all occupations
  • Women: more than 95% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: n/a
  • high school diploma or equivalent: 15% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: 15% compared to 11% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 38% compared to 25% for all occupations
  • bachelor's degree: 31% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: n/a

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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