Job prospects Insurance Underwriter near Toronto (ON)

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Explore current and future job prospects for people working as "Insurance underwriters" near Toronto (ON) or across Canada.

Current and future job prospects

Note: These outlooks were updated on November 29^th, 2023. Learn more about our methodology.

Recent trends from the past 3 years

Balanced

Over the past few years (2020-2022), the labour market was balanced for Insurance underwriters near Toronto (ON). The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

Job outlook over the next 3 years

Very good

The employment outlook will be very good for Insurance underwriters (NOC 12202) in the Toronto region for the 2023-2025 period.

The following factors contributed to this outlook:

Employment growth will lead to several new positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Insurance underwriters in the Toronto region:

Approximately 6,780 people work in this occupation.
Insurance underwriters mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%

Source Labour Market Information | Prospects Methodology