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

Banking & Finance – UK Legal Labour Market Trends, September 2023

Banking & Finance – UK Legal Labour Market Trends, September 2023

Recruitment levels are returning to 2019 levels. However, what has changed is that more vacancies are happening proportionately within the Banks. So for context, in 2019 we saw 381 legal vacancies in banks, in 2023 this is set to be over 500. In contrast, within the law firms, in 2019 we saw 577 banking vacancies, whereas this year we estimate the total to be barely over 400. This is according to the latest UK Legal Labour Market Trends report by Search, and labour market data analysts Vacancysoft.

IT Security – UK Tech Labour Market Trends, September 2023

IT Security – UK Tech Labour Market Trends, September 2023

Despite the fact vacancies have dropped in 2023 versus 2022, we see this as a temporary lull, as the attack vector is bigger than ever before. IT security vacancies are expected to total approximately 4,187 for the year, marking a 30.7% decrease from the 6,045 vacancies observed in 2022. Equally, at the same time, IT security has increased in share of all IT vacancies, from 4.1% last year, to 4.7%, making it one of the fastest-growing segments. This is according to the latest UK Technology Labour Market Trends report by Robert Walters and market data analysts Vacancysoft.

Marketing in Finance – UK Finance Labour Market Trends Report, September 2023

Marketing in Finance – UK Finance Labour Market Trends Report, September 2023

Looking back to 2019, the last pre-pandemic year, we observe a staggering 25% increase in marketing vacancies in 2023, with marketing constituting an 8.7% share of all professional vacancies in the sector, surpassing the 8.2% share observed in 2022. What this means is, not just is there a growth in marketing, but it is growing faster than almost any other area. This is according to the latest UK Finance Labour Market Trends report by Morgan Mckinley and market data analysts Vacancysoft.

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