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April 27, 2022

Middle East & Africa’s insurance industry IT hiring activity rises 3.8% in March 2022

By Carmen

Middle East & Africa witnessed a 3.8% rise in IT hiring activity in the insurance industry in March 2022 when compared with the previous month, according to GlobalData’s Job Analytics dashboard.

March 2022 has seen an increase of 2.05% in the overall hiring activity when compared with February 2022.

IT jobs accounted for a 12.66% share in the industry’s total hiring activity in March 2022, registering an increase of 0.33% over the last three-month average share.

Software and Web Developers, Programmers, and Testers Occupations leads by classification in March 2022

Software and Web Developers, Programmers, and Testers Occupations emerged as the leading IT occupation in Middle East & Africa with a share of 52.33% in March 2022, a 10% drop over the previous month. Miscellaneous Computer Occupations came in next, claiming a share of 26.16% in March 2022, marking a 40.63% month-on-month increase. In the third place was Database and Network Administrators and Architects with a share of 11.63% in March 2022, a 25% rise from February 2022.

Computer and Information Analysts registered a share of 5.81% in March 2022, a 150% rise over the previous month.

Top five insurance companies in Middle East & Africa’s IT recruitment activity in March 2022

The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average growth of 6.19% in the overall IT recruitment activity of Middle East & Africa’s insurance industry during March 2022 over previous month.

Sanlam posted 97 IT jobs in March 2022 and registered an increase of 27.63% over the previous month. Discovery with 51 IT jobs and Old Mutual with 23 jobs, recorded a 16.39% drop and a 91.67% rise, respectively, while Liberty International Holdings recorded a flat growth with 1 job postings during March 2022.

Country-wise composition of IT hiring in Middle East & Africa’s insurance industry

South Africa commanded a leading presence in the region’s insurance industry IT hiring activity with a 96.51% share in March 2022, a 13.7% increase over February 2022. Kenya featured next with a 1.74% share, up 50% over the previous month. Ghana recorded a 1.16% share, a flat growth compared with February 2022.

Junior Level job postings dominate in March 2022

Junior Level jobs held a share of 50.58%, down by 12.12% from February 2022. Mid Level positions with a 40.12% share, registered a growth of 46.81% compared with the previous month.

In the third place was Entry Level job ads with a 9.3% share, up 60% over February 2022.

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