Insurance Underwriters

(NOC 1234)


These comments are for the career group Finance and Insurance Administrative Occupations, which includes Insurance Underwriters.

The market for both personal and damage insurance should grow strongly in the coming years. However increased productivity due to technological change will limit growth in employment in this industry.

Since the work of insurance underwriters is less affected than workers in other occupations of this industry by technological change or by growing use of the Internet to find out about individual insurance products, the number of underwriters should increase significantly in the next few years.

The higher qualifications required for positions as insurance agents and brokers (NOC 6231), adjusters (NOC 1233) and insurers (NOC 1234) mean that the labour market status of diploma graduates in insurance consulting and financial services is usually excellent.

Job Seekers: 80,723
Job Openings: 111,725

Job prospects for this career are rated Good

Last Updated: May 17, 2012