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September 29, 2021

Australia’s insurance industry IT recruitment activity rises 22.0% in August 2021

By Verdict Staff

Australia’s insurance industry registered a 22.0% rise in IT hiring activity in August 2021 when compared with the previous month, according to GlobalData’s Job Analytics database.

The industry’s overall hiring increased by 5.53% in August 2021 when compared with July 2021.

Out of the insurance industry’s total hiring activity, IT jobs claimed an 11.49% share in August 2021, recording an increase of 1.44% over the last three-month average share.

Top five job classifications in Australia’s insurance industry’s IT recruitment activity in August 2021

Out of the total job titles, the top five roles commanded a 96.75% share in the overall IT recruitment activity of Australia’s insurance industry in August 2021.

1) Software and Web Developers, Programmers, and Testers recorded a share of 47.97% in August 2021, registering a 31.11% flat growth over the previous month.

2) Miscellaneous Computer Occupations claimed a 25.2% share, an increase of 29.17% over the previous month.

3) Database and Network Administrators and Architects held a share of 13.82%, registering a 5.56% decline from July 2021.

4) Computer and Information Analysts captured a share of 4.88%, up 50% over the previous month.

Top five insurance companies in Australia’s IT recruitment activity in August 2021

The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average growth of 24.29% share in the overall IT recruitment activity of Australia’s insurance industry during August 2021 over July 2021.

Insurance Australia Group posted 29 IT jobs in August 2021 and registered a rise of 262.5% over the previous month, followed by Dai-ichi Life Holdings with 21 jobs and a 4.55% drop. AMP with 18 IT jobs and Bupa Global with 13 jobs, recorded an 18.18% decline and a 13.33% decrease, respectively, while Medibank recorded an increase of 100% with 6 job postings during August 2021.

Junior Level job postings dominate in August 2021

Junior Level jobs held a share of 79.67%, up by 12.64% from July 2021. Mid Level positions with a 14.63% share, registered an increase of 38.46% compared with the previous month.

In the third place was Entry Level job ads with a 5.69% share, up 250% over July 2021.

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