The Italian insurance industry experienced a 19% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by Allianz with 65 job postings according to GlobalData’s analysis of insurance company job postings. GlobalData’s Insurance: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the insurance industry, facilitating anticipation of future workforce needs. Buy the report here.
Notably, Business and Financial Operations Occupations jobs accounted for a 20% share of the Italian insurance industry new job postings in Q4 2023, down by 10% over the prior quarter.
Business and Financial Operations Occupations drive insurance industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Business and Financial Operations Occupations, which accounted for 20% of the total new job postings in Q4 2023 and were down by 61% year-on-year. Second highest were Management Occupations, which accounted for 11% and drop by 71% year-on-year, and third highest were Office and Administrative Support Occupations, which were 38% of the new job postings and 75% lower year-on-year.
Top five companies in insurance industry accounted for 85% of hiring activity
The highest number of jobs were posted by Allianz with 65, followed by Aon with 36, while the highest increase was at AXA at 55%.
For further understanding of GlobalData's Insurance: Hiring Trends & Signals Q4 2023, buy the report here.
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