The insurance industry is a great place to build a sustainable career, as you can grow in your profession, develop new skills and succeed. Amid economic uncertainty, a career in the insurance sector may offer stability and ample potential.
THE UK insurance long-term savings industry is the largest in Europe and the fourth largest globally, employing more than 305,000 people, according to the Association of British insurers.
The industry continues to hold steady job openings.
Consider the following benefits of a career in the insurance industry:
RISING DEMAND
More people are leaving the workforce than entering it, and the insurance industry will face some of the most significant losses. Insurance companies will compete to hire the best talent to replace people, perhaps even for succession planning purposes.
JOB SECURITY
Insurance careers are sustainable; the need for insurance is a sure thing. Although all sectors are impacted by economic uncertainty, insurance remains relatively stable.
FLEXIBILITY
Like many other industries, the insurance sector more readily accepts job flexibility. Many workers are experiencing increased flexibility to accommodate meaningful activities or responsibilities outside of work.
VARIOUS POSITIONS
Roles in the industry vary beyond insurance brokers, including claims, accounting, marketing and underwriting professionals. As such, there’s bound to be a position that matches your transferable skills and knowledge.
GROWTH OPPORTUNITIES
Many companies in the insurance industry offer learning and development opportunities that may include on-the-job training, self-study or educational reimbursement.
TEAMWORK
In the insurance industry, you can be part of a team and work towards the greater good. After all, insurance is about protecting people and businesses against risk. Collaboration is key to business success in this sector.
Contact us to learn more about working in the insurance industry.