As the market evolves, how are vacancies for underwriters faring in England and Wales? What is the impact of IT on underwriters? Which regions are experiencing upticks? Who out of the biggest insurers is leading the chase for new talent? Read our latest insurance sector trends report to discover more.
Written in partnership with Harrison Holgate, this report analyses the recruitment of underwriting and IT Professionals within the insurance sector in England and Wales. It provides a comparison of monthly and annual totals trends, a regional breakdown of recruitment, and the hiring activity of top firms.
Key findings include:
- Underwriting jobs are so far over twice 2020’s totals and already surpassing 2021’s
- RSA Insurance Group is the busiest recruiter this year for underwriting jobs
To discover more insights and trends for the UK’s insurance labour market, download our report now.
Latest reports
Tax – UK Finance Labour Market Trends Report, April 2024
The Government’s Spring 2024 budget has changed the shape of taxation in the UK for high net-worth individuals who are not UK-domiciled. The implications of this change are yet to be seen properly; therefore, when looking at the recruitment patterns, we are forecasting an increase in tax vacancies this year compared to last year’s 32% in London, and 46% regionally.
South West – UK Regional Labour Market Trends, April 2024
After the technical recession in 2023, which led to vacancies dropping in the region compared to 2022, we have seen a bounce back in Q1 so far, culminating in an uplift of 7.6% which compares favorably to the national figures (+5.4%.) As a result, the region now accounts for 6.7% of the national total in terms of vacancies, up from 5.8% in 2022.
Risk – Insurance, UK Labour Market Trends, April 2024
Insurance companies face new risks due to economic volatility, higher interest rates, geopolitical uncertainty, and climate change. This has led to a rise in demand for risk professionals, with vacancies up by 11.4% in 2024 compared to last year. March 2024 had the highest number of risk vacancies in over a year, indicating a continuing trend.
