Manpower Dynamics. Data Intelligence
Insurance
Life insurers; General insurers; Composite insurers; Brokers; Company agencies; Bancassurers.
Insurance
Manpower Survey 2021
Employees
Senior Management
02147
Middle Management
06360
Supervisor
06426
Clerk
06877
Technical Representative
011088
Insurance Agent
068042
Other Supporting Staff
01348
Total
0102288
Prominent Jobs
General Insurance
1st
Technical Representative (General Insurance)
2nd
Agent (General Insurance)
3rd
Clerical Staff (General Insurance)
4th
Underwriting Clerk ; Claims Clerk
5th
Managing Director; General Manager ; Chief Executive (General Insurance)
Life Insurance
1st
Agent (Life Insurance)
2nd
Unit Manager ; Agency Supervisor
3rd
Agency Manager
4th
Technical Representative (Life Insurance)
5th
Agency Director ; District / Regional Director ; Senior Agency Manager
- General Insurance -
Annual Change of Employees over 2017
Annual Change Rate:
03.7%
- Life Insurance -
Annual Change of Employees over 2017
Annual Change Rate:
03.1%
Vacancies
Total
01950
Vacancy rate
01.9%
Prominent Vacancies
General Insurance
1st
Technical Representative (General Insurance)
2nd
Clerical Staff (General Insurance)
3rd
Agent (General Insurance)
4th
Underwriting Clerk ; Claims Clerk
5th
Marketing Manager ; Sales Manager ; Insurance Manager (General Insurance)
Life Insurance
1st
Agent (Life Insurance)
2nd
Unit Manager ; Agency Supervisor
3rd
Technical Representative (Life Insurance)
4th
Agency Manager
5th
Clerical Staff (Life Insurance)
Monthly Income
General Insurance
Life Insurance
Preferred Education
- General Insurance -
Preferred Education
Senior Management
93.3%First Degree
Middle Management
71.8%First Degree
Supervisor
43.7%Sub-Degree
35.1%Diploma / Certificate
Clerk
46.2%Secondary 4 - 7
31.9%Diploma / Certificate
Technical Representative
54.2%Diploma / Certificate
Insurance Agent
49.0%Secondary 4 - 7
40.5%Diploma / Certificate
- Life Insurance -
Preferred Education
Senior Management
94.0%First Degree
Middle Management
94.4%First Degree
Supervisor
44.0%First Degree
42.6%Sub-degree
Clerk
50.6%Sub-degree
Technical Representative
36.5%Diploma / Certificate
34.4%Secondary 4 - 7
Insurance Agent
53.1%Diploma / Certificate
Preferred Experience
- General Insurance -
Preferred Experience
Senior Management
71.7%Over 10 Years
Middle Management
63.6%Over 5 years – 10 years
Supervisor
81.8%Over 2 years – 5 years
Clerk
86.9%1 - 2 Years
Technical Representative
51.4%1 - 2 Years
Insurance Agent
82.0%1 - 2 Years
- Life Insurance -
Preferred Experience
Senior Management
82.6%Over 10 Years
Middle Management
69.3%Over 5 years – 10 years
Supervisor
79.8%Over 2 years – 5 years
Clerk
56.0%1 - 2 Years
Technical Representative
52.6%1 - 2 Years
Insurance Agent
49.6%1 - 2 Years
25.7%Below 1 year
Recruitment Difficulties
1st
Lack of candidates with relevant experience and training
2nd
Working conditions/remuneration package could not meet recruits’ expectation
3rd
Insufficient graduates in relevant disciplines (e.g. Insurance, Business Administration, Banking and Finance, etc.) from tertiary institutions
Manpower Forecast
- General Insurance -
Average Annual Growth (2022 -2025)
Average Annual Growth
00.9%
- General Insurance -
Annual Additional Manpower Requirement
2022 -2025
- Life Insurance -
Average Annual Growth (2022 -2025)
Average Annual Growth
02.1%
- Life Insurance -
Annual Additional Manpower Requirement
2022 -2025
Training Needs
1st
General Insurance
2nd
Life Insurance
3rd
Effective Communication Skills
For More Details:
