Job prospects Insurance Manager in New Brunswick

Explore current and future job prospects for people working as an "insurance manager" in New Brunswick or across Canada.

Job opportunities in New Brunswick

These outlooks were updated on November 29^th, 2023. Learn more about outlooks.

Prospects over the next 3 years

The employment outlook will be good for Insurance, real estate and financial brokerage managers (NOC 10020) in New Brunswick for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of 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, real estate and financial brokerage managers in New Brunswick:

• Approximately 450 people worked in this occupation in May 2021.
• Insurance, real estate and financial brokerage managers mainly work in the following sectors:
  • Insurance Carriers and related activities (NAICS 524, 526): 67%
  • Real Estate and rental and leasing (NAICS 53): 27%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 91% compared to 84% for all occupations
  • Part-time workers: 9% compared to 16% for all occupations
• 89% of insurance, real estate and financial brokerage managers work all year, while 11% 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 50 weeks compared to 42 weeks for all occupations.
• 26% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 10% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 52% compared to 52% for all occupations
  • Women: 48% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 19% compared to 30% 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: 28% compared to 23% for all occupations
  • bachelor's degree: 36% compared to 16% for all occupations
  • university certificate, degree or diploma above bachelor level: 10% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick by economic region.

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as an "insurance manager" Insurance, real estate and financial brokerage managers (NOC 10020) or across Canada.

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