Finance and insurance industry ranked the "best" in terms of risk and reward

Industry dealing in the business of risk ironically considered the safest

Finance and insurance industry ranked the "best" in terms of risk and reward

Insurance News

By Lyle Adriano

In an ironic twist, the financial and insurance industry – an industry that deals in the business of risk – has topped a list of Canada’s least dangerous businesses.

Finder Canada has published the results of its Job Score rankings for 2018, putting insurers at the top with a Job Score of 210; the metric is based on wages, injuries and fatalities. The financial and insurance industry came in with an average weekly wage of $1,260 and a “Finder Danger Score” of six – the lowest score on the list.

By contrast, the worst industry for risk and reward was logging and forestry. The industry had an abysmal Finder Job Score of 2.2. The industry also had the highest proportion of fatalities from total employees, at 0.023%.

Although logging and forestry ranked the lowest, it did not have the highest number of fatalities among industries. That dubious honor belongs to the construction industry, which saw the highest number of fatalities, at 203.

The full ranking list is as follows:

Ranking Finder

Industry

Average weekly wage

Danger Score

Finder Job Score

1

Finance and insurance

$1,260

6

210

2

Real estate operators and insurance agents

$969

52

18.5

3

Business services

$1,727

100

17.4

4

Educational services

$1,017

67

15.2

5

Mining, quarrying and oil wells

$2,039

276

7.4

6

Wholesale trade

$1,156

188

6.1

7

Other services

$787

155

5.1

8

Agriculture and related services

$881

185

4.8

9

Health and social services

$866

195

4.5

10

Fishing and trapping

$1,274

297

4.3

11

Communication and other utilities

$1,737

412

4.2

12

Manufacturing

$1,089

280

3.9

13

Retail trade

$562

145

3.9

14

Transportation and storage

$1,015

264

3.8

15

Public administration

$1,234

333

3.7

16

Construction

$1,217

332

3.7

17

Accommodation, food and beverage services

$371

131

2.8

18

Logging and forestry

1,109

504

2.2

 

 

 

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