Hays Insurance
JANUARY - MARCH 2012
Hotspots
There is continued demand for claims staff, particularly commercial claims candidates, to assist with claims resulting from the Christchurch earthquake. The earthquake has also led to a rise in demand for CSR candidates.
Demand is also high for F&G Brokers, Underwriters, Pricing Analysts and Compliance specialists, in addition to Loss Adjustors.
Overcoming skills shortages
Some employers are being more flexible, particularly around skill sets for CSR candidates. They are willing to consider candidates who they can up skill to overcome the skills gap in the market.
Others are running overseas campaigns to secure the right level of candidates or to locate those with technical and specialist skills.
The coming quarter
Claims roles will continue to be fixed-term contracts to cover earthquake claims and we expect to see a return to business as usual by the third quarter when some of these fixed-term contracts will come to an end. This will lead to an increase in the flow of candidates coming onto the market.
Executive recruitment
There has been some restructures in the last quarter, which has resulted in changes within certain executive teams across the board as companies adapt to the new insurance environment.
Employer trends
Specific skills sets are still being sought, and in some cases salaries are open to negotiation, particularly for hard to fill roles or highly technical roles when companies are keen to secure these skills.
Candidate trends
As a result of a number of restructures, it has been a difficult time for candidates and many unhappy with the new structures have begun actively looking for new roles. They are seeking new work environments with strong management and a clear path and vision.
