Things are improving, but the job search is still difficult. This is not something that we have to tell you; you already know. However, the problems go by neighborhood, which means that there are sectors that are more likely than others to capture employment. One of those that are traditionally among those interested in capturing talent, or what is the same, growing its workforce, is the insurance sector. This may be you do need us to explain a little.
In 2017, the insurance sector had 48,700 people in the workforce, already chaining two consecutive years of growth. Among the reasons that make work in this sector more attractive is stability, there are 95% permanent contracts and an average length of service of 14 years, and the salary range, since at the beginning of 2018 this sector was in eighth place (out of over 70) in ordinary wage cost per worker.
Employee profiles sought by the sector
If you know anything about insurance, you will have already built the idea that the insurance job offer is a thing for lawyers (so they write the contracts) and actuaries (these guys who calculate how much the policies should cost). The insurance sector, of course, has always needed and still needs these professionals. But if you have not studied to be a lawyer or actuary and you think that insurance is not for you, know that you are wrong. You are very wrong.
The insurance sector and chase saving account, today, is a major job seeker of other professions. Economists, of course, are lacking in many corners of the business. But also, for example, all the trades that have to do with the processing and interpretation of data. We are not going to bother you with topics that are quite boring, but it will suffice for you to know that the sector is currently subject to very demanding technical regulations that force it to be an ax when it comes to collecting information and analyzing it.
We need people who know how to correlate and interpret information, store it and process it.
For that, people who know how to correlate and interpret information are needed, just as people who know how to store and process it are needed. This leads, very often, to a concept that is very fashionable today: Big Data. It may be that this world bothers you; If so, know that few economic sectors handle such Big Data as the insurer.
Nor should we forget other developments such as the new channels and forms of social relations. The insurance sector has some 100 million contracts in force that generate 52 million claims each year. All this generates a constant relationship with clients, beneficiaries, and those affected by claims, a relationship that has to adapt to the forms that people want to use to interact. That requires knowing a lot about customer relations and technology, among other things.
As always when looking for talent in new or relatively new activities, in many cases, having adequately prepared has more weight than having previous experience. We are, therefore, an interesting sector for newly minted workers.
