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Career Connections

Industries: Insurance

Career Connections: Your gateway to a career in insurance

Career Connections, a division of the Insurance Institute, is a career awareness program aimed at encouraging career seekers to pursue one of the many skilled professions available in the insurance industry. To help promote insurance as a stable and vital industry, we also work to enhance the understanding of insurance and explain its role in society.

Get an inside look at insurance careers on Career Connections' YouTube channel

If you haven’t seriously considered the insurance industry as an ideal place to start your career, maybe these statistics will encourage you to start:

  • While many industries were laying off workers at the height of the last economic downturn, about 12,000 positions were added to Canada’s insurance workforce
  • There are approximately 110,000 Property and Casualty insurance professionals working in diverse, challenging and rewarding careers.   62% are women and 14% identify as a member of a visible minority group.  Approximately 37%, are boomers, and as many as 28% of professionals are expected to retire in the next five to ten years.
  • There aren’t enough young insurance professionals to fill those gaps at the entry level or to move up into management roles.

The opportunities to start and grow your career within the insurance industry are enormous no matter what your educational background.

Insurance is already part of everything you do. Why not find your career in it?

Insurance affects virtually everything we do in life and in business. It protects homes, jobs, cars, property and the continuity of lives. And because insurance is all around us, the industry has a wide variety of careers to match your ambitions and amazing flexibility to change directions along the way.

There are more than 110,000 Canadians working in the property and casualty insurance sector. It’s an industry that reflects the face and the values of Canadian society and has a constant need for talented, creative, motivated people.

What is property and casualty insurance?

Property insurance protects all kinds of property – from a diamond ring to an oil-drilling platform to a shoe store – against the risk of loss. If anything happens to the property, such as a loss due to theft or fire, property insurance can provide the financial means to replace it. When you acquire anything of value, something you wish to protect against loss, you need property insurance.

Casualty insurance covers the legal responsibility you may have for unintentionally harming others. For example, if you back into another car and cause damage, your insurance will cover the cost of repairing the other person’s vehicle. If someone was injured, your insurance would cover the cost of rehabilitation and medical costs.

When you purchase insurance, the insurance company assumes the possible financial risks associated with you driving a car, owning a home or running a business. If something happens, the insurance company ensures that you are compensated for the loss or expenses incurred. Buying insurance is like buying peace of mind.

Choose a career with variety and flexibility

Choosing a career is one of the most important decisions of your life, and it's hard to imagine a career choice where you'll have the chance to use more of your skills than insurance. Whether you're a people person, a math wiz, a born organizer or a strategic thinker, Canada's insurance industry has a job and a career with your name on it.

Why consider insurance?

Because insurance is already part of everything you do. It protects homes, jobs, cars, property and the continuity of lives. And because insurance is a business that offers a variety of career paths that can take you where you want to go. No matter what you're good at, you can find a career path that lets you succeed, change directions and be a part of a close-knit professional community.

And as your career in insurance progresses, every day will present interesting new opportunities, new challenges and the flexibility to pursue new goals. Find your career in insurance:

Why insurance?

Meet a university grad who found his place insurance

Meet a college student who found her place in insurance

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