Job prospects Insurance Underwriter near London (ON)

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Explore current and future job prospects for people working as "Insurance underwriters" near London (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

Labour shortage

Over the past few years (2020-2022), there was a labour shortage for Insurance underwriters near London (ON). There were more job openings than workers available to fill them 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 London region for the 2023-2025 period.

The following factors contributed to this outlook:

Employment growth will lead to several new positions.
Several 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 London region:

Approximately 450 people worked in this occupation in May 2021.
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