Job prospects Commercial Underwriter - Insurance in the Kitchener–Waterloo–Barrie Region

Over the past few years (2021-2023), there was a labour shortage for Insurance underwriters in the Kitchener–Waterloo–Barrie Region. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be moderate for Insurance underwriters (NOC 12202) in the Kitchener - Waterloo - Barrie 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 Insurance underwriters in the Kitchener - Waterloo - Barrie region:

• Approximately 1,060 people worked in this occupation in May 2021.
• Insurance underwriters mainly work in the following sectors:
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%

Source Labour Market Information | Prospects Methodology