Insurance Sector Report – Actuary

May 2019

As the threat of no-deal hangs in the air, the agreement made between the European Union and the UK regarding the insurance sector specifically has acted to reduce immediate tensions. While there would still be additional layers of bureaucracy should this happen, it means the sector is unlikely to suffer an existential crisis. As a function of this, we are seeing the following happen:

Vacancies for Actuaries are up by 34% year on year where volumes peaked in spring 2018 especially.

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%.

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