Insurance
Insights on insurance’s labour market 2022-2025: An industry snapshot series
Following our update on unemployment and recruitment trends in 2022, we’ve dived deeper to analyse the trends specifically related to the insurance industry. A short summary of today’s insurance recruitment trends: SEEK job ads in the insurance & superannuation sectors grew consistently throughout 2022 Insurance candidate availability is low today compared with the last five…
Read MoreWhat work benefits do insurance professionals want post-pandemic?
“They’re offering me an additional 20k salary package”, says another insurance job seeker. Insurance has always been a candidate short market. But thanks to a global pandemic and hard border closures, hiring top candidates in the insurance industry is becoming even more difficult . In fact, the recruitment difficulty rate in Australia has reached 75%…
Read MoreGreat news for Mortgage Brokers as 2022 Review of Mortgage Broker Remuneration is dropped
The federal government has announced that the 2022 Review of Mortgage Broker Remuneration by the Council of Financial Regulators and the ACCC will no longer be required. In February 2019, a report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry was released. In the report, Commissioner Kenneth Hayne addressed…
Read MoreHow temporary employees can relieve pressure for QLD & NSW flood claims
The Insurance Council of Australia (ICA) estimates the current cost of claims from flooding in Queensland and New South Wales to be $1.77 billion. Australia is one of the most exposed countries to natural disasters, yet surprisingly, it is one of the most underinsured amongst developed countries. With over 118,000 claims lodged , as at…
Read MoreInsurance’s employment market trends and how to navigate it to win talent
The war for talent in the insurance industry is a never-ending battle and, although we are nearing the end of the pandemic, there are no signs of relief to be seen. The last 18 months have caused candidate shortages across all industries as we’ve never seen before. A combination of factors has resulted in the…
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