Job prospects Underwriter, Package - Insurance in Nova Scotia

Explore current and future job prospects for people working as an "underwriter, package - insurance" in Nova Scotia or across Canada.

Job opportunities in Nova Scotia

These outlooks were updated on November 29, 2023.

Good

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

The following factors contributed to this outlook:

Employment growth will lead to a moderate number of 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 Nova Scotia:

Approximately 600 people work in this occupation.
Insurance underwriters mainly work in the following sectors:
- Insurance Carriers and related activities (NAICS 524, 526): more than 95%
87% of insurance underwriters work all year, while 13% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 49 weeks compared to 42 weeks for all occupations.
The gender distribution of people in this occupation is:
- Men: 30% compared to 51% for all occupations
- Women: 70% compared to 49% for all occupations
The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 10% for all occupations
- high school diploma or equivalent: 21% compared to 27% for all occupations
- apprenticeship or trades certificate or diploma: 6% compared to 12% for all occupations
- college certificate or diploma or university certificate below bachelor's: 24% compared to 22% for all occupations
- bachelor's degree: 45% compared to 20% for all occupations
- university certificate, degree or diploma above bachelor level: less than 5% compared to 10% for all occupations

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