The Brazilian insurance industry experienced an 11% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Porto Seguro with 102 job postings according to GlobalData’s analysis of insurance company job postings. GlobalData’s Brazil General Insurance Market report offers an in-depth analysis of the key categories, trends by line of business, and detailed market forecasts for 2026 in Brazil’s general insurance market. The report profiles top general insurance companies and covers the insurance regulations and Buy the report here.
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Notably, Sales and Related Occupations jobs accounted for an 11% share of the Brazilian’s insurance industry new job postings in Q1 2023, up by 11% over the prior quarter.
Sales and Related Occupations drive insurance hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Sales and Related Occupations, which accounted for 11% of the total new job postings in Q1 2023 and were up by 329% year-on-year. Second highest were Computer and Mathematical Occupations, which accounted for 8% and drop by 66% year-on-year, and third highest were Business and Financial Operations Occupations, which were 47% of the new job postings and 69% lower year-on-year.
Top five companies in insurance accounted for 88% of hiring activity
The highest number of jobs were posted by Porto Seguro with 102, followed by Aon with 83, while the highest increase was at Marsh & McLennan at 30%.
For further understanding of GlobalData's Brazil General Insurance Market Size, Trends by Line of Business (Personal and Health, Financial Lines, Property, Motor, Marine, Aviation and Transit Insurance, and Miscellaneous), Distribution Channel, Competitive Landscape and Forecast, 2022-2026, buy the report here.
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GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
