The insurance jobs market has been relatively stable for the past few months and we expect it to remain this way for foreseeable future. This means that there are some good opportunities available for talented finance professionals on both the contract and permanent side.
Accountants with management information and/or expense management experience are in demand at the moment. The main reason for this is that firms are placing a lot of emphasis on assessing and improving business performance. If you have strong communication skills and are able to explain complex financial information to senior stakeholders from a non-financial background, you will be particularly sought-after for these jobs.
At the same time, newly-qualified accountants with either audit or direct insurance industry experience are also being hired. There have also been a healthy volume of jobs available at the 2-3 years’ PQE level.
We are seeing a wide variety of contract jobs become available at the moment. These range from statutory accounting and external reporting professionals to complete year-end work to management information specialists. We are also seeing strong demand at the part-qualified level.
Competition for the best jobs has gradually intensified over the past year, which has led to slight salary increases in some areas. As an example, newly-qualified auditors from practice with direct experience of the insurance sector are now receiving basic salaries of £50-52k compared to £48-50k in quarter one.
Search for a wide-range of insurance jobs - we find roles for qualified accountants, risk analysts and interim finance managers.