Job prospects Branch Manager - Insurance in British Columbia
Explore current and future job prospects for people working as a "branch manager - insurance" in British Columbia or across Canada.
Job opportunities in British Columbia
These outlooks were updated on December 11, 2024.
Prospects over the next 3 years
The employment outlook will be good for Insurance, real estate and financial brokerage managers (NOC 10020) in British Columbia for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few 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 British Columbia:
- Approximately 3,250 people work in this occupation.
- Insurance, real estate and financial brokerage managers mainly work in the following sectors:
- Real Estate and rental and leasing (NAICS 53): 40%
- Insurance Carriers and related activities (NAICS 524, 526): 40%
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 16%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 88% compared to 78% for all occupations
- Part-time workers: 12% compared to 22% for all occupations
- 78% of insurance, real estate and financial brokerage managers work all year, while 22% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.
- 35% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 17% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 56% compared to 52% for all occupations
- Women: 43% compared to 48% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 8% for all occupations
- high school diploma or equivalent: 18% compared to 28% for all occupations
- apprenticeship or trades certificate or diploma: 5% compared to 13% for all occupations
- college certificate or diploma or university certificate below bachelor's: 20% compared to 17% for all occupations
- bachelor's degree: 38% compared to 22% for all occupations
- university certificate, degree or diploma above bachelor level: 16% compared to 12% for all occupations
Breakdown by region
Explore job prospects in British Columbia by economic region.
Legend
Source Labour Market Information | Prospects Methodology
Job prospects elsewhere in Canada
Explore current and future job prospects for people working as a "branch manager - insurance" Insurance, real estate and financial brokerage managers (NOC 10020) or across Canada.
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