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Banking, insurance and other financial clerks

Occupation · NOC 2021 14201 · Canada

NOC 2021 code
14201
TEER
4
Positions on positive LMIAs, all lists
33
Median wage, Canada
C$25.33 per hour
Job Bank postings, Jan–Sep 2026
201
NOC14201TEER 4
Year by year
Data as at 2026
OC<CANBANKING<INSURANCE<AND<OTHER<FINANCIAL<
142014<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<8

About this occupation

Banking, insurance and other financial clerks compile, process and maintain banking, insurance and other financial information. They are employed by banks, credit companies, private and public insurance establishments, investment firms and other financial establishments throughout the private and public sectors.

Example job titles

  • actuarial clerk
  • bank clerk
  • credit clerk
  • dental claims clerk
  • dividend calculation clerk
  • insurance clerk - financial sector
  • insurance rater
  • ledger control clerk
  • loan clerk - financial sector
  • mortgage clerk
  • premium rater - insurance
  • real estate clerk
  • securities clerk - financial sector

Main duties

  • This group performs some or all of the following duties:
  • Bank Clerks
  • Compile records of deposits, withdrawals, loan and mortgage payments, cheques and purchase, sale and exchange of securities
  • Process loan and mortgage applications, loan and mortgage payments, retirement savings plan applications, term deposits, drafts and money orders
  • Verify and balance automatic teller machine transactions and ledger entries, calculate service charges and interest payments and notify customers regarding account discrepancies and captured bank cards
  • Answer enquiries and provide information on banking products, policies and services
  • May sell drafts, money orders, travellers' cheques and foreign currency, rent safety deposit boxes and open and close savings, chequing and other accounts.
  • Insurance clerks
  • Process enrolments, cancellations, claims transactions, policy changes and premium payments
  • Review insurance applications and verify insurance coverage, premiums paid and other insurance information

Employment requirements

  • Completion of secondary school is required.
  • A business college diploma may be required.
  • On-the-job training and short-term training courses or programs specific to the financial establishment are usually required.

Temporary foreign worker positions (LMIA)

Positions on positive LMIAs in ESDC employer lists, by year of the list.

Approved positions by year

112120222023202420252026
112120222023202420252026
Data table
20221
20236
202421
20254
20261
By province or territory
  1. Quebec29
  2. Ontario3
  3. Alberta1
Employers with the most positions
  1. Banque Nationale - National Bank19
  2. Groupe Financier AGA inc.2
  3. Valeurs mobilières Desjardins Inc.1
  4. Corporation BNP Paribas Canada1
  5. Caisse Desjardins du Centre-Nord de Montréal1
  6. NSUS GROUP INC.1
  7. Keylink Financial Solutions Corp.1
  8. 9157-7841 Québec inc.1
  9. Industrielle Alliance, Assurance auto et habitation inc.1
  10. RCN Call Center Services Inc1
  11. CENTAUR FUND SERVICES (CANADA) LIMITED1
  12. Firstbrook Cassie & Anderson Ltd.1
  13. Caisse Desjardins du Coeur-de-l'Île1
  14. CORPORATION GESTION DE PLACEMENTS CLARET1
By stream
  1. Low-wage stream (TFWP)22
  2. High-wage stream (TFWP)11

Work permits

Work permit holders by year the permit took effect, mapped from NOC 2016 where the code has a single NOC 2021 successor (IRCC).

YearTFWP permitsIMP permits
202550

All work permits by year

352025
352025
Data table
20255

Permanent residence

Admissions of permanent residents by intended occupation and Express Entry invitations by occupation (IRCC).

New permanent residents by year

10202015201620172018202120222024
10202015201720212024
Data table
201520
20165
201710
201815
20215
202215
20245

Wages

Median wage by province and territory (2025 release). Hourly unless marked per year.

AreaLowMedianHigh
CanadaC$18.46C$25.33C$36.62
AlbertaC$15.00C$26.87C$39.06
British ColumbiaC$19.75C$24.00C$34.00
ManitobaC$17.00C$22.30C$34.87
New BrunswickC$16.00C$22.33C$30.77
Newfoundland and LabradorC$18.46C$25.00C$32.97
Nova ScotiaC$17.79C$20.79C$26.67
OntarioC$18.00C$25.48C$35.90
QuebecC$21.98C$29.33C$38.46
SaskatchewanC$17.00C$27.31C$35.38
Job Bank postings, Jan–Sep 2026
201
Vacancies advertised
209
Median advertised minimum hourly wage
C$18.46