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Hiring within the South & Central American insurance coverage trade drop by 16% in Q2 2023


Notably, Administration Occupations jobs accounted for a 12% share of the South & Central American insurance coverage trade’s complete new job postings in Q2 2023, drop 19% over the prior quarter.

Administration Occupations drive insurance coverage hiring exercise

Administration Occupations, with a share of 12% new job postings, was the occupation with the best hiring exercise within the South & Central American insurance coverage trade in Q2 2023 , forward of Pc and Mathematical Occupations with an 11% share of recent job postings.

The opposite outstanding roles included Enterprise and Monetary Operations Occupations with an 8% share in Q2 2023, Workplace and Administrative Help Occupations with an 8% share and Gross sales and Associated Occupations with a 3% share of recent job postings.

High 5 corporations accounted for 66% of hiring exercise

AIA Group posted 639 jobs in Q2 2023 and registered a decline of 16% over the earlier quarter, adopted by Sagicor Group Jamaica with 218 jobs and a ten% drop. Aon, with 156 jobs, and Willis Towers Watson, with 116 jobs, recorded a 20% drop and a 3% rise, respectively, whereas Marsh & McLennan recorded a 13% decline with a 88 new job postings throughout Q2 2023.

Regional evaluation of hiring within the South & Central American insurance coverage trade, Q2 2023

Anguilla held the main share of the South & Central American insurance coverage hiring exercise with a 34.60% share, a 16% lower over Q1 2023. Brazil was subsequent with 15.70%, four-percentage-point up over the earlier quarter.

For additional understanding of GlobalData’s Insurance coverage Predictions 2023 – Thematic Intelligence, purchase the report right here.

This content material was up to date on 24 July 2023


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