Notably, Management Occupations jobs accounted for a 19% share of the Singaporean insurance industry new job postings in Q2 2024, up by 8% over the prior quarter.

Management Occupations drive insurance industry hiring activity

Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 19% of the total new job postings in Q2 2024 and were down by 10% year-on-year. Second highest were Business and Financial Operations Occupations, which accounted for 15% and rise by 2% year-on-year, and third highest were Computer and Mathematical Occupations, which were 4% of the new job postings and 19% lower year-on-year.

Top five companies in insurance industry accounted for 54% of hiring activity

The highest number of jobs were posted by Allianz with 121, followed by Prudential with 110, while the highest increase was at Chubb at 92%.

For further understanding of GlobalData's Insurance: Hiring Trends & Signals Q2 2024, buy the report here.

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