Insurance – UK Labour Market Review 2020

Insurance – UK Labour Market Review 2020

As we entered 2020, nobody could predict a pandemic that put massive strain on healthcare
systems and sent tremors throughout the global economy. For insurers — who, put simply, guarantee payments to policyholders for uncertain future events — it has proven a testing period.

COVID-19 and the implications for the UK Labour Market

COVID-19 and the implications for the UK Labour Market

When analysing activity in the Real Estate industry, the contrast between London & the South East, and
the rest of the country becomes self-evident. The impact of Brexit has been much spoken about, equally
with house prices specifically, the fall in London is clear, and can be attributed, were across the South,
whilst the drop is …

Insurance Sector Report – Underwriting

Insurance Sector Report – Underwriting

As time ticks away in the run-up to October 31, the concern for the Government will be that businesses are now with-holding investment until it becomes clear what the relationship will be between the UK and EU, where the Insurance market is one of many sectors where this trend is visible.
As an example, when comparing 2019 to 2018, what we have seen is that the overall volumes in Insurance have decreased by 16.7%.

Insurance Sector Report – Actuary

Insurance Sector Report – Actuary

When analysing the volumes as a function of all vacancies being posted, we see the variance as being between 1.5-4.5%, where November 2018 especially registered a peak in activity for the past two years.

Within the insurance sector, Aviva were the largest recruiters, with volumes up 16%.

Insurance Sector Report – 2018 In Review

Insurance Sector Report – 2018 In Review

When analysing the recruitment for other professional non specialist insurance roles, this is more extreme, in that we see that nearly two thirds of such generalist vacancies within Insurance now sit outside the capital.