The Mexican insurance industry experienced a 20% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by AXA with 166 job postings according to GlobalData’s analysis of insurance company job postings. GlobalData’s Insurance: Hiring Trends & Signals Q3 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 41% share of the Mexican insurance industry new job postings in Q3 2023, down by 15% 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 41% of the total new job postings in Q3 2023 and were up by 70% year-on-year. Second highest were Office and Administrative Support Occupations, which accounted for 14% and drop by 45% year-on-year, and third highest were Sales and Related Occupations, which were 23% of the new job postings and 15% higher year-on-year.
Top five companies in insurance industry accounted for 78% of hiring activity
The highest number of jobs were posted by AXA with 166, followed by Marsh & McLennan with 61, while the highest increase was at American International Group Inc (AIG) at 39%.
For further understanding of GlobalData's Insurance: Hiring Trends & Signals Q3 2023, buy the report here.