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May 30, 2022

Middle East & Africa’s insurance industry IT hiring activity rises 5.7% in April 2022

By Carmen

Middle East & Africa witnessed a 5.7% rise in IT hiring activity in the insurance industry in April 2022 when compared with the previous month, according to GlobalData’s Job Analytics dashboard.

April 2022 has seen an increase of 3.91% in the overall hiring activity when compared with March 2022.

IT jobs accounted for a 12.87% share in the industry’s total hiring activity in April 2022, registering an increase of 0.05% over the last three-month average share.

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

Software and Web Developers, Programmers, and Testers Occupations emerged as the leading IT occupation in Middle East & Africa with a share of 54.59% in April 2022, a 35.87% rise over the previous month. Miscellaneous Computer Occupations came in next, claiming a share of 23.14% in April 2022, marking an 8.16% month-on-month increase. In the third place was Database and Network Administrators and Architects with a share of 11.35% in April 2022, a 23.81% rise from March 2022.

Computer and Information Analysts registered a share of 9.17% in April 2022, an 110% rise over the previous month.

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

The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average growth of 26.55% in the overall IT recruitment activity of Middle East & Africa’s insurance industry during April 2022 over previous month.

Sanlam posted 145 IT jobs in April 2022 and registered an increase of 47.96% over the previous month, followed by Discovery with 48 jobs and a 9.43% drop. Old Mutual with 26 IT jobs and Cigna with 3 jobs, recorded a 4% rise and a 200% rise, respectively, while Allianz recorded a flat growth with 2 job postings during April 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 95.2% share in April 2022, a 28.24% increase over March 2022. Sudan featured next with a 0.87% share, flat growth over the previous month. United Arab Emirates recorded a 0.87% share, a growth of 100% compared with March 2022.

Junior Level job postings dominate in April 2022

Junior Level jobs held a share of 55.02%, up by 36.96% from March 2022. Mid Level positions with a 36.68% share, registered a growth of 18.31% compared with the previous month.

In the third place was Entry Level job ads with an 8.3% share, up 11.76% over March 2022.

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