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October 6, 2021

South Africa’s insurance industry IT recruitment activity rises 5.4% in August 2021

By Verdict Staff

South Africa’s insurance industry registered a 5.4% rise in IT hiring activity in August 2021 when compared with the previous month, according to GlobalData’s Job Analytics database.

The industry’s overall hiring increased by 16.69% in August 2021 when compared with July 2021.

Out of the insurance industry’s total hiring activity, IT jobs claimed a 10.53% share in August 2021, recording a decrease of 1.48% over the last three-month average share.

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

Out of the total job titles, the top five roles commanded a 100% share in the overall IT recruitment activity of South Africa’s insurance industry in August 2021.

1) Software and Web Developers, Programmers, and Testers recorded a share of 56.46% in August 2021, registering a 23.88% flat growth over the previous month.

2) Miscellaneous Computer Occupations claimed a 24.49% share, an increase of 9.09% over the previous month.

3) Computer and Information Analysts held a share of 8.84%, registering a 38.1% decline from July 2021.

4) Database and Network Administrators and Architects captured a share of 6.12%, down 18.18% over the previous month.

Top five insurance companies in South Africa’s IT recruitment activity in August 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’s insurance industry during August 2021 over July 2021.

Sanlam posted 89 IT jobs in August 2021 and registered a rise of 39.06% over the previous month, followed by Discovery with 47 jobs and a 26.56% drop. Old Mutual with 10 IT jobs and Rand Merchant Investment Holdings with 1 jobs, recorded a 25% flat growth and a 50% decrease.

Junior Level job postings dominate in August 2021

Junior Level jobs held a share of 72.79%, up by 18.89% from July 2021. Mid Level positions with a 24.49% share, registered a decline of 7.69% compared with the previous month.

In the third place was Entry Level job ads with a 2.72% share, down 55.56% over July 2021.

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