The Chinese insurance industry experienced a 64% rise in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by China Life Insurance with 280 job postings according to GlobalData’s analysis of insurance company job postings. GlobalData’s China General Insurance Market report offers an in-depth analysis of the key categories, trends by line of business, and detailed market forecasts including key performance indicators for 2021-2026 in China’s general insurance market. The report profiles top general insurance companies Buy the report here.
Smarter leaders trust GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Notably, Computer and Mathematical Occupations jobs accounted for an 18% share of the Chinese’s insurance industry new job postings in Q1 2023, up by 216% over the prior quarter.
Computer and Mathematical Occupations drive insurance hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Computer and Mathematical Occupations, which accounted for 18% of the total new job postings in Q1 2023 and were down by 9% year-on-year. Second highest were Office and Administrative Support Occupations, which accounted for 13% and rise by 244% year-on-year, and third highest were Management Occupations, which were 36% of the new job postings and 25% lower year-on-year.
Top five companies in insurance accounted for 86% of hiring activity
The highest number of jobs were posted by China Life Insurance with 280, followed by Aon with 34, while the highest increase was at Marsh & McLennan at 30%.
For further understanding of GlobalData's China General Insurance Market Size, Trends by Line of Business (Personal, Accident and Health, Liability, Financial Lines, Property, Motor, Marine, Aviation and Transit Insurance and Miscellaneous), Distribution Channel, Competitive Landscape and Forecas, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
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.
