How are vacancies for claims professionals going through the recent changes in the insurance industry after the decisions of the UK high court? Which sectors are experiencing a surge, and which regions are overtaking the recruitment in claims? Read our latest labour market report on claims insurance and find out.
This latest report produced and researched by the UK’s leading provider of labour market data and analytics, Vacancysoft, observes the trends in insurance claims recruitments. It compares the annual and monthly hiring levels over three years, examines the vacancies per sector, analyses the job numbers in London and other regions, and shows us the performance of the top insurance firms for claim vacancies.
To discover more insights and trends for the UK’s insurance labour market, download our report now.
In a world of ever-increasing risk, specialist insurance services rise as businesses look to mitigate their exposure. Hence, for the industry, 2023 has proven to be a busy year, with the sector being one of the top performers across all industries in terms of year-on-year activity this past year. On that point specifically, we saw vacancies drop by 15.1% compared to 2022. That compares to an all-industry fall of 30%.
Every generation bears witness to a technological jump which has the capacity to change the way we work. For example, from the first generation of mobile phones in the 1980s, through to smart phones and mobile devices this has transformed the way we do business. Nonetheless, we have seen increasing numbers of jobs displaced as different technologies have achieved scale.
In a sign of the times, industrial engineering, which encompasses aerospace and defence, has proven to be the top performing industry this past year, up 21% on 2022. At the same time the impact of quantitative tightening on the London market has been felt heavily across both finance and technology. As a result, vacancies in the capital are down 40% on the prior year. This is according to the latest UK labour market trends report by leading professional body APSCo and market data analysts Vacancysoft.