You searched for occupation: insurance representative
The occupation searched for is part of the occupational group: Finance, sales and business services agents. Information about the future concerns the entire group.
The future situation of the occupational group on the labour market
The chances of finding employment for this occupational group in 2009-2013 are above average. As compared to the previous period (2003-2008) the employment prospects will worsen. On the one hand there are the effects of the economic downturn that are unfavourable for these occupations (the development of demand for occupations in financial services, insurance and also wholesale may be negative for several years). On the other hand the education sector will supply the labour market with a large number of graduates who will be suitable to perform jobs within this group of occupations. Competition among job seekers will further stiffen.
Development of the employment in the occupational group (in thousands):
- Total employment
- Development of employment in this occupational group
As a result of economic development 21 % of new jobs will be created for this occupational group by 2013. The number of jobs in the economy as a whole will increase by 0,2 %. As some workers will leave their jobs (e.g. retirement), another 6 % of new jobs will be available within this group. Overall, 27 % of current employment will have to be filled by 2013, i.e. 62000 new workers will have to be hired.
The current situation of the occupational group at the labour market:
The occupational group consists of the following subgroups:
- ISCO 341 - Finance and sales associate professionals
- ISCO 342 - Business services agents and trade brokers
Finance and sales associate professionals (ISCO 341)
Development of employment in this occupational subgroup (in thousands)
- Total employment
- Development of employment in this occupational subgroup
Occupations in this subgroup are most frequently found in the following industries:
- Wholesale trade and sale and repair of motor vehicles (21 %)
- Insurance (14 %)
- Professional services (14 %)
- Banking and financial services (13 %)
- Retail trade, repair of personal and household goods (9 %)
In 2008 the median age of employees in this subgroup was 38 years, in the economy as a whole it was 41 years.
The age structure of employees in this occupational subgroup:
Employees in this occupational subgroup most frequently have the following qualification:
- Secondary (3a) - economics, business, law (23 %)
It is expected that by 2013 the following number of graduates with qualifications suitable for this occupational subgroup will enter the labour market:
| Education | Number of graduates entering labour market by 2013 | Development of graduate numbers in 2009-2013 |
|---|---|---|
| Secondary (3a) - economics, business, law | 88 440 | slight decrease |
The development of the number of graduates is ranked using a five-degree scale: rapid decrease - slight decrease - stagnation - slight increase - rapid increase.
Business services agents and trade brokers (ISCO 342)
Development of employment in this occupational subgroup (in thousands)
- Total employment
- Development of employment in this occupational subgroup
Occupations in this subgroup are most frequently found in the following industries:
- Wholesale trade and sale and repair of motor vehicles (33 %)
- Retail trade, repair of personal and household goods (17 %)
- Professional services (6 %)
- Public administration, defence, social security (5 %)
In 2008 the median age of employees in this subgroup was 38 years, in the economy as a whole it was 41 years.
The age structure of employees in this occupational subgroup:
Employees in this occupational subgroup most frequently have the following qualification:
- Secondary (3a) - economics, business, law (23 %)
- Secondary (3a) - mechanical engineering (11 %)
- Secondary (3a) - general programs (gymnázium) (9 %)
It is expected that by 2013 the following number of graduates with qualifications suitable for this occupational subgroup will enter the labour market:
| Education | Number of graduates entering labour market by 2013 | Development of graduate numbers in 2009-2013 |
|---|---|---|
| Secondary (3a) - economics, business, law | 88 440 | slight decrease |
| Secondary (3a) - mechanical engineering | 14 320 | slight decrease |
| Secondary (3a) - general programs (gymnázium) | 27 155 | stagnation |
The development of the number of graduates is ranked using a five-degree scale: rapid decrease - slight decrease - stagnation - slight increase - rapid increase.
