South Africa insurance industry registered a 13.5% decline in IT hiring activity in July 2021 compared with the previous month, according to GlobalData’s Job Analytics index.

The industry’s overall hiring decreased by 16.25% in July 2021 compared with June 2021.

Out of the insurance industry’s total hiring activity, IT jobs claimed a 14.11% share in July 2021, recording an increase of 0.54% over the last three-month average share.

Top five job classifications in South Africa insurance industry’s IT recruitment activity in July 2021

Out of the total job titles, the top five roles commanded a 97.67% share in the overall IT recruitment activity of South Africa insurance industry in July 2021.

1) Software and Web Developers, Programmers, and Testers recorded a share of 48.84% in July 2021, a 25% drop over the previous month.

2) Miscellaneous Computer Occupations claimed a 22.48% share, decline of 35.56% over the previous month.

3) Computer and Information Analysts held a share of 16.28%, registering a 4.55% decline from June 2021.

4) Database and Network Administrators and Architects captured a share of 7.75%, down 44.44% over the previous month.

Top five insurance companies in South Africa IT recruitment activity in July 2021

The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average flat growth share in the overall IT recruitment activity of South Africa insurance industry during July 2021 over June 2021.

Discovery posted 64 IT jobs in July 2021 and registered a rise of 20.75% over the previous month, followed by Sanlam with 58 jobs and a 50% drop. Old Mutual with 5 IT jobs and Rand Merchant Investment Holdings with 2 jobs, recorded a 25% growth and a flat growth, respectively.

Junior Level job postings dominate in July 2021

Junior Level jobs held a share of 66.67%, down by 12.24% from June 2021. Mid Level positions with a 26.36% share, a decline of 43.33% compared with the previous month.

In the third place was Entry Level job ads with 6.98% share, down 40% over June 2021.