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April 27, 2022

Sri Lanka’s insurance industry IT recruitment activity drops 9.0% in March 2022

By Carmen

Sri Lanka’s insurance industry registered a 9.0% drop in IT hiring activity in March 2022 when compared with the previous month, according to GlobalData’s Job Analytics database.

The industry’s overall hiring increased by 2.8% in March 2022 when compared with February 2022.

Out of the insurance industry’s total hiring activity, IT jobs claimed a 63.04% share in March 2022, recording a decrease of 9.13% over the last three-month average share.

Top five job classifications in Sri Lanka’s insurance industry’s IT recruitment activity in March 2022

Out of the total job titles, the top five roles commanded a 103.03% share in the overall IT recruitment activity of Sri Lanka’s insurance industry in March 2022.

1) Software and Web Developers, Programmers, and Testers recorded a share of 63.64% in March 2022, registering a 52.27% decline over the previous month.

2) Computer and Information Research Scientists claimed a 24.24% share, an increase of 14.29% over the previous month.

3) Database and Network Administrators and Architects held a share of 12.12%, registering a 300% rise from February 2022.

4) Miscellaneous Computer Occupations captured a share of 3.03%, down 80% over the previous month.

Top five insurance companies in Sri Lanka’s IT recruitment activity in March 2022

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 Sri Lanka’s insurance industry during March 2022 over February 2022.

Intercorp Financial Services posted 33 IT jobs in March 2022 and registered a drop of 44.07% over the previous month.

Junior Level job postings dominate in March 2022

Junior Level jobs held a share of 48.48%, down by 33.33% from February 2022. Mid Level positions with a 45.45% share, registered a decline of 34.78% compared with the previous month.

In the third place was Entry Level job ads with a 6.06% share, down 83.33% over February 2022.

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