Insurance Snapshot

Insurance Snapshot

Snapshots

  • UK insurance vacancies forecasted to drop 10%
  • Insurance vacancies surged 18.6% from Q4 2023 to Q1 2024
  • Surge in Underwriting roles by 20.7% YoY
  • Non-life insurance saw an 11% increase in vacancies.

The insurance sector has experienced a consistent decline since 2022, and 2024 continued this trend with a 10% drop in insurer vacancies year over year.

Insurance vacancies rose 18.6% from Q4 2023 to Q1 2024, peaking in March, but declined steadily throughout the year.

Significant growth was observed in underwriting and risk management roles, with vacancies rising by 20.7% and 19.3%, respectively.

Among sectors, Non-Life Insurance stands out as the only one showing growth, with vacancies increasing by 11%.

The Ardonagh Group leads the top companies list with an impressive 10% year-on-year vacancy growth.

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