The number of active job postings in the Insurance sector of the Europe region increased by 13.8% MoM, and increased by 29.4% since December 2022, reaching 23,400 active job postings in February 2023, acording to GlobalData.
A total of 10,251 new jobs were posted, witnessing an increase of 16.3% as compared to the previous month. On the other hand, 7,410 jobs were closed in the same month implying that companies took out 13.2% fewer jobs than the month earlier.
For the period from past 3 months, the number of new jobs posted increased by 60.6% and the number of jobs closed increased by 18.8%.
Job Trends in the Insurance 2022-2023
In terms of Compound Monthly Growth Rate (CMGR) between September 2022 and December 2022, the number of new jobs posted observed a growth rate of 17.11%, the number of active job postings observed a growth rate of 8.98% and the number of jobs closed observed a growth rate of 5.91% (see TOP 50 P&C Insurance Companies).
Between December 2022 and February 2023, the average number of jobs posted stood at 8,554, number of jobs closed stood at 7,188 and number of active jobs stood at 20,579.