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May 30, 2022

Germany’s insurance industry IT recruitment activity drops 1.7% in April 2022

By Carmen

Germany’s insurance industry registered a 1.7% drop in IT hiring activity in April 2022 when compared with the previous month, according to GlobalData’s Job Analytics database.

The industry’s overall hiring increased by 1.82% in April 2022 when compared with March 2022.

Out of the insurance industry’s total hiring activity, IT jobs claimed a 10.34% share in April 2022, recording a decrease of 0.17% over the last three-month average share.

Top five job classifications in Germany’s insurance industry’s IT recruitment activity in April 2022

Out of the total job titles, the top five roles commanded a 100.61% share in the overall IT recruitment activity of Germany’s insurance industry in April 2022.

1) Software and Web Developers, Programmers, and Testers recorded a share of 49.39% in April 2022, registering an 11.96% decline over the previous month.

2) Miscellaneous Computer Occupations claimed a 22.56% share, a decrease of 13.95% over the previous month.

3) Database and Network Administrators and Architects held a share of 16.46%, registering a 22.86% decline from March 2022.

4) Computer and Information Analysts captured a share of 10.37%, up 21.43% over the previous month.

Top five insurance companies in Germany’s IT recruitment activity in April 2022

The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average decline of 7.23% share in the overall IT recruitment activity of Germany’s insurance industry during April 2022 over March 2022.

Allianz posted 88 IT jobs in April 2022 and registered a drop of 7.37% over the previous month, followed by Zurich Insurance Group with 44 jobs and an 8.33% drop. Munchener Ruckversicherungs-Gesellschaft(Munich Re) with 9 IT jobs and AXA with 7 jobs, recorded a flat growth and a 30% decrease, respectively, while Unum Group recorded an increase of 50% with 6 job postings during April 2022.

Junior Level job postings dominate in April 2022

Junior Level jobs held a share of 68.9%, down by 6.61% from March 2022. Entry Level positions with a 14.02% share, registered a decline of 14.81% compared with the previous month.

In the third place was Mid Level job ads with 12.8% share, down 4.55% over March 2022, while Senior postings accounted for 4.27%, recording a month-on-month decline of 46.15%.

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