National Occupational Classification, TEER 4
NOC 14201: Banking, insurance and other financial clerks
Banking, insurance and other financial clerks compile, process and maintain banking, insurance and other financial information. Below are the main duties, all 67 job titles it covers, what it means for Express Entry and what it pays in each province.
Updated
- Official NOC 2021 data
- Job Bank wages
What is NOC 14201?
NOC 14201 is the code for banking, insurance and other financial clerks in the National Occupational Classification (NOC) 2021. Job titles in this group include actuarial clerk, bank clerk, credit clerk and dental claims clerk. It is a TEER 4 occupation (usually a high school diploma or several weeks of on-the-job training), so it does not count as skilled work for Express Entry. The Job Bank median wage across Canada is $25.33 an hour.
- NOC code
- 14201
- TEER
- 4: High school or several weeks of training
- Broad category
- Business, finance and administration occupations
- Express Entry
- Not skilled
- Category draws
- None
- Median wage
- $25.33 an hour
Job titles under NOC 14201
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.
Main 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
All 67 job titles in the NOC index
accounts clerk - financial sector, accounts representative - financial sector, actuarial clerk, application reviewer - insurance, automatic teller machine (ATM) clerk, bank clerk, benefits and entitlement clerk - insurance, brokerage clerk, calculation clerk - insurance, claims clerk - insurance, clerk - financial sector, contract clerk - financial sector, control clerk - financial sector, credit application clerk - financial sector, credit assessment clerk, credit authorization clerk, credit clerk, credit register clerk, death benefits clerk, dental claims clerk, disability benefits clerk - insurance, discount clerk - financial sector, dividend calculation clerk, dividend calculation clerk - financial sector, employee insurance clerk, exchange rate clerk - financial sector, financial clerk - financial sector, foreign currency accounts adjuster - financial sector, foreign exchange clerk - financial sector, foreign remittance clerk - financial sector, group insurance clerk, hospital insurance clerk, insurance clerk - financial sector, insurance rater, interest clerk, ledger control clerk, ledger control clerk - financial sector, ledger control officer - financial sector, liability clerk - financial sector, loan clerk - financial sector, margin calculation clerk - financial sector, mortgage clerk, pension administrator - insurance company, pension plans clerk - insurance, personal credit lines clerk, personal lines clerk - insurance, policy change clerk - insurance, policy clerk - insurance, policy information clerk - insurance, premium rater - insurance, proof clerk - financial sector, property and equipment insurance clerk, property clerk, real estate clerk, realty clerk, reconciliation clerk - financial sector, renewal clerk - financial sector, reserves calculation clerk - financial sector, safety deposit box clerk, savings accounts clerk - financial sector, securities clerk - financial sector, senior claims clerk, special endorsement clerk - insurance, superannuation clerk - financial sector, surgical-medical claims clerk - insurance, valuation clerk - financial sector, vault attendant - financial sector.
Main duties of NOC 14201
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
- Calculate insurance premiums, pension benefits and annuity payments
- Compile and maintain claims data, rates and insurance data and records
- Answer enquiries and provide information on insurance products, policies and services.
Other financial clerks
- Compile and maintain rental, sale and other real estate listings
- Compile and maintain stock, bond and other securities listings
- Sort, verify and process real estate, securities and other financial transactions
- Answer enquiries and reply to correspondence.
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.
Additional information
- Progression to supervisory positions is possible with experience.
Is NOC 14201 eligible for Express Entry?
Not for the main Express Entry programs, which need TEER 0, 1, 2 or 3 work. TEER 4 jobs can still lead to permanent residence through some provincial and other programs, so check each program's own list.
| Program or draw | NOC 14201 |
|---|---|
| Federal Skilled Worker Program | Does not count (TEER 4) |
| Canadian Experience Class | Does not count (TEER 4) |
| Federal Skilled Trades Program | Not a listed trade |
| Occupation category draws (2026) | Not on any occupation list |
| French-language proficiency (category draw) | Open to any occupation with NCLC 7 in French |
Read how TEER categories work and the full list of NOC codes in each 2026 category draw. Category draws also need at least 12 months of full-time work (or the same amount part-time) in one listed occupation within the past 3 years.
How much does NOC 14201 pay?
Job Bank wages for this occupation, per hour. Low and high are, in most cases, the 10th and 90th percentiles, so 8 in 10 workers earn somewhere between them.
| Area | Low | Median | High |
|---|---|---|---|
| Canada | $18.46 | $25.33 | $36.62 |
| Newfoundland and Labrador | $18.46 | $25.00 | $32.97 |
| Prince Edward Island | $20.51 | $27.48 | $35.00 |
| Nova Scotia | $17.79 | $20.79 | $26.67 |
| New Brunswick | $16.00 | $22.33 | $30.77 |
| Quebec | $21.98 | $29.33 | $38.46 |
| Ontario | $18.00 | $25.48 | $35.90 |
| Manitoba | $17.00 | $22.30 | $34.87 |
| Saskatchewan | $17.00 | $27.31 | $35.38 |
| Alberta | $15.00 | $26.87 | $39.06 |
| British Columbia | $19.75 | $24.00 | $34.00 |
Source: Job Bank, Employment and Social Development Canada (Job Bank 2025 wages, revised November 19, 2025), data from 2023-2024 (Labour Force Survey). Wages for job offers in LMIA and provincial programs are compared with these figures, so check the current numbers on Job Bank before you rely on them.
Using NOC 14201 duties on your resume
Canadian resumes do not list NOC codes. Employers read your job titles, what you did and what came of it. The NOC duties are still a useful checklist: if you did these tasks, say so in your own words and add the numbers that prove it.
For Express Entry, the reference letter from your employer should describe the duties you really performed, in line with this lead statement and most of the main duties, without copying the NOC text word for word. The free reference letter generator checks your duties against NOC 14201 as you write.
- Start each bullet with a strong verb and end it with a result: how many, how often, how fast.
- Use the job title your employer used, even if the NOC title is different.
- Keep immigration details such as your NOC code and permit type off the resume.
Turn my duties into a resume Free to start, no card.
Where this information comes from
Occupation codes, titles and descriptions are adapted from Statistics Canada, National Occupational Classification (NOC) 2021 Version 1.0. This does not constitute an endorsement by Statistics Canada of this product.
Wages come from Job Bank, Employment and Social Development Canada (Job Bank 2025 wages, revised November 19, 2025). Contains information licensed under the Open Government Licence – Canada.
Express Entry rules come from Immigration, Refugees and Citizenship Canada (IRCC): the program pages for the Federal Skilled Worker Program, the Canadian Experience Class and the Federal Skilled Trades Program, and the category-based selection page as modified on June 22, 2026.
Frequently asked questions
What is the NOC code for a actuarial clerk?
NOC 14201, Banking, insurance and other financial clerks, a TEER 4 occupation in NOC 2021.
What TEER is NOC 14201?
TEER 4. Usually a high school diploma or several weeks of on-the-job training. The TEER is the second digit of the code. See all TEER categories.
Is NOC 14201 eligible for Express Entry?
Not for the Federal Skilled Worker Program, the Canadian Experience Class or the Federal Skilled Trades Program, which need TEER 0 to 3 work. Some provincial nominee programs and other pathways accept TEER 4 jobs.
Is NOC 14201 in an Express Entry category-based draw?
No. It is not on any 2026 occupation list. The French-language proficiency category is open to any occupation if you reach NCLC 7 in French. See every category.
How much does NOC 14201 pay in Canada?
The Job Bank median across Canada is $25.33 an hour, with most wages between $18.46 and $36.62. Pay varies by province: see the table above.
Where is the official description?
On the Statistics Canada and ESDC NOC site: search 14201 in NOC 2021 Version 1.0. This page shows the same text, from the open data Statistics Canada publishes.
Your duties fit. Now show employers.
CVMaple turns the work you did into a Canadian resume: the right format, strong bullets and the keywords Canadian applicant tracking systems look for.
More on NOC codes and Canadian resumes
- NOC Code Finder: Describe your duties and get your NOC 2021 code, TEER and Express Entry eligibility. Free.
- NOC Codes Canada: Full List: All 516 NOC 2021 codes with their TEER, duties and wages.
- TEER Categories Explained: What TEER 0 to 5 means, which count for Express Entry, and every job in each one.
- Express Entry Category Draws: NOC Codes: Every NOC code on the 2026 healthcare, STEM, trades, education and other lists.
- Canadian Resume Examples by Job: Real examples for cashiers, caregivers, trades, tech, students and more.
- Newcomer Resume Guide: Turn international experience into a resume Canadian employers understand.