The German insurance industry experienced a 41% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Allianz with 1,260 job postings according to GlobalData’s analysis of insurance company job postings. GlobalData’s Germany 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 Germany’s general insurance market. The report profiles top general insurance compani Buy the report here.

Notably, Computer and Mathematical Occupations jobs accounted for an 11% share of the German’s insurance industry new job postings in Q1 2023, down by 41% 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 11% of the total new job postings in Q1 2023 and were down by 16% year-on-year. Second highest were Business and Financial Operations Occupations, which accounted for 10% and drop by 4% year-on-year, and third highest were Management Occupations, which were 24% of the new job postings and 11% higher year-on-year.

Top five companies in insurance accounted for 70% of hiring activity

The highest number of jobs were posted by Allianz with 1,260, followed by Allianz Versicherungs-AG with 644, while the highest increase was at Mapfre at 55%.

For further understanding of GlobalData's Germany General Insurance – Key Trends and Opportunities to 2025, buy the report here.

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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.