Supervisors - finance and insurance office workers

NOC

12011

- Supervisors, finance and insurance office workers

oversee and coordinate the activities of office workers in financial services, such as accounting, payroll, banking, insurance, and collections.

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Full NOC Description

Supervisors of finance and insurance office workers supervise and coordinate the activities of workers in the following unit groups: Payroll administrators (13102), Accounting and related clerks (14200), Banking, insurance and other financial clerks (14201) and Collection clerks (14202). They are employed by banks and other financial institutions, insurance companies, and by other establishments throughout the public and private sectors.

Main Duties

This group performs some or all of the following duties:

Implement efficient working processes and coordinate, assign and review the work of clerks engaged in the following duties: administering accounts payable and receivable; processing, verifying and recording financial documents and forms; administering payrolls; processing, verifying and recording insurance claims and forms; and collecting user fees and payments on overdue accounts

Examine and verify accuracy of work and authorize routine payments, credits and other transactions

Establish work schedules and procedures and coordinate activities with other work units or departments

Resolve work-related problems and prepare and submit progress and other reports

Identify training needs and train workers in job duties and company policies

Requisition supplies and materials

Ensure smooth operation of computer systems and equipment and arrange for maintenance and repair work

May perform the same duties as workers supervised.

Also Known As

accounts payable supervisor
accounts receivable supervisor
bank clerks supervisor
billing supervisor
bookkeeping supervisor

claims adjusters supervisor

collection supervisor

credit supervisor

payroll supervisor

supervisor of accounting

Requirements

Employment Requirements

Completion of a college program or courses in bookkeeping, accounting or a related subject is required.

Experience in the clerical occupation supervised is required.

Provincial Regulation

Not Provincially Regulated

Employment by Sex

The following graph shows the percentage of men and women working in this occupation in New Brunswick.

Data legend

78.1%

Female

21.9%

Male

Employment by age

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by age group.

Data legend

5.5%

15-24

15.1%

25-34

26.0%

35-44

30.1%

45-54

20.5%

55-64

2.7%

65+

Employment by highest level of education

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by highest level of education achieved.

Data legend

2.7%

No Certificate, Diploma or Degree

20.5%

High School, Diploma or Equivalent

5.5%

Apprenticeship or Trades Certificate or Diploma

39.7%

College or University Below Bachelor Level

31.5%

University - Bachelor Level or Above

Employment by Industry

The following graph shows the industry groups in which the largest shares of persons working in this occupation in New Brunswick are employed. Small percentages for all top three industry groups may suggest employment for this occupation is widely distributed amongst many industry groups.

Data legend

38.4%

Finance and insurance

16.4%

Professional, scientific and technical services

11.0%

Manufacturing

34.2%

All Other Industries

Employment by Economic Regions

The following graph shows the breakdown of all persons employed in this occupation in New Brunswick by which economic region they reside in.

Data legend

11.00%

Northeast

49.30%

Southeast

27.40%

Southwest

6.80%

Central

5.50%

Northwest

Economic Regions

The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

Annual Average Salary by Economic Regions

The following graph shows the average salary of all persons employed in this occupation in each of New Brunswick’s five economic regions.

Data legend

$64,000

Northeast

$70,000

Southeast

$70,000

Southwest

N/A

Central

N/A

Northwest

Economic Regions

Hourly Median Wages by Economic Regions

The following represents the median hourly wage of all persons employed in this occupation in each of New Brunswick’s five economic regions.

Salary

The following shows the average salary of everyone who worked full-time and year-round in this occupation across each of the Atlantic Provinces and nationally.

Employment Outlook

The following represents the number of job openings that are expected to occur in this occupation over the next three and ten years respectively, broken down by openings expected to result from growth (“new jobs”) and openings expected to result from attrition (death and retirements).

Occupational Profiles