Notably, Management Occupations jobs accounted for a 25% share of the Japanese’s insurance industry new job postings in Q1 2023, down by 18% over the prior quarter.

Management Occupations drive insurance hiring activity

Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 25% of the total new job postings in Q1 2023 and were down by 4% year-on-year. Second highest were Computer and Mathematical Occupations, which accounted for 16% and drop by 41% year-on-year, and third highest were Business and Financial Operations Occupations, which were 60% of the new job postings and 23% lower year-on-year.

Top five companies in insurance accounted for 74% of hiring activity

The highest number of jobs were posted by Manulife Financial with 26, followed by Marsh & McLennan with 17, while the highest increase was at Intercorp Financial Services at 114%.

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