ZipRecruiter Snapshot- April 2020
Despite a slow down in the Finance and Insurance job market, March showed signs of optimistic recovery
All information in this article was up to date when published on 4/27/2020. The job market in the United States and around the world is changing quickly. We will continue to update this page as new information becomes available.
Bookmark this link and keep checking back with us for more hiring trends in Finance & Insurance and insights for job seekers!
ZipRecruiter remains committed to our mission of connecting people to great job opportunities especially during a time of crisis. That’s why we’re sharing our data and insights in key industries as they recover from the economic impact of the COVID-19 global pandemic.
In the news
Employment in Finance and Insurance fell by 7% during the financial crisis and Great Recession of 2008, but has steadily grown since, creating attractive job opportunities. Across the industry (for accountants and auditors, insurance sales agents, loan officers, and financial services sales agents), earnings are far higher than the average across occupations. And yet, the job requirements for education, training, and licensing requirements can be relatively minimal.
While the coronavirus pandemic has caused catastrophic losses for some companies, it has been a windfall for insurance companies, many of which are taking the opportunity to snap up talent and expand hiring.
- Auto Insurers Make Windfall Profits from COVID-19; Consumer Advocates Call for Refunds, Lower Premiums to Californians Who Stopped Driving – With less driving and fewer traffic accidents, insurers are earning record profits amid COVID-19.
- Covid-19’s impact on Insurance: Demand for health and life plans set to spike – Demand for insurance often rises during and after emergencies.
What we are seeing now
The Finance and Insurance industry slowed on our platform as the industry adjusted to the impact of COVID-19. We are now seeing a recovery and an increase in demand by both employers and job seekers.
Despite a slight decline in Finance and Insurance job postings in early March we are now trending upward and surpassing January figures.
Despite a slight decline in March, Finance & Insurance clicks are now tracking +107% vs January.
The below Finance and Insurance job titles are the most in-demand by job seekers.
Top 10 Job Titles by Clicks
(Latest 30 days)
- Staff Accountant
- Senior Accountant
- Accounts Payable Specialist
- Financial Analyst
- Accounting Manager
- Accounting Clerk
- Accounting Payable Clerk
Top 10 Job Seeker Locations
The following locations are hot spots for job seekers within the Finance & Insurance industry.
Top 10 Locations by Clicks
(Latest 30 days)
- Houston, Texas
- New York, New York
- Los Angeles, California
- Dallas, Texas
- Atlanta, Georgia
- Chicago, Illinois
- Denver, Colorado
- Orlando, Florida
- Miami, Florida
- Tampa, Florida
At ZipRecruiter we are dedicated to helping our community navigate through this difficult time. Contact us to learn more about how we are helping employers hire now — and prepare their recruiting strategy for life after COVID-19.
*ZipRecruiter internal data January – March 2020, past performance is not a guarantee of future results.