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December 13, 2021

South Africa’s insurance industry IT recruitment activity drops 8.4% in November 2021

By Carmen

South Africa’s insurance industry registered an 8.4% drop in IT hiring activity in November 2021 when compared with the previous month, according to GlobalData’s Job Analytics database.

The industry’s overall hiring increased by 12.2% in November 2021 when compared with October 2021.

Out of the insurance industry’s total hiring activity, IT jobs claimed a 9.08% share in November 2021, recording a decrease of 1.87% over the last three-month average share.

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

1) Software and Web Developers, Programmers, and Testers recorded a share of 50.35% in November 2021, registering a 1.43% growth over the previous month.

2) Miscellaneous Computer Occupations claimed a 31.21% share, an increase of 7.32% over the previous month.

3) Database and Network Administrators and Architects held a share of 9.93%, registering a 39.13% decline from October 2021.

4) Computer and Information Analysts captured a share of 4.96%, down 73.08% over the previous month.

Top five insurance companies in South Africa’s IT recruitment activity in November 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 November 2021 over October 2021.

Sanlam posted 96 IT jobs in November 2021 and registered a drop of 4% over the previous month, followed by Discovery with 36 jobs and a 23.4% drop. Old Mutual with 8 IT jobs and Munchener Ruckversicherungs-Gesellschaft(Munich Re) with 1 jobs, recorded a 38.46% decline and a flat growth.

Junior Level job postings dominate in November 2021

Junior Level jobs held a share of 68.79%, up by 8.99% from October 2021. Mid Level positions with a 19.15% share, registered a decline of 46% compared with the previous month.

In the third place was Entry Level job ads with a 12.06% share, down 19.05% over October 2021.

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