Insurance Insights

I'm Saraya Cussons, Associate Director at 360 Search, and I'm delighted to welcome you to my weekly Insurance Recruitment newsletter. Each week, I'll be your guide through the ever-evolving landscape of the insurance sector.

Here, you'll discover the latest industry articles, get an inside look at our top job opportunities, meet outstanding candidates, and explore exciting initiatives brought to you by 360 Search.

What's going on in the UK Insurance Sector?

Many of us have undoubtedly come across this week's headline regarding Financials Acquisition Corp. Initially set to deliver substantial capacity to Lloyd’s syndicates by 2024 through a proposed merger, the recent decision to appoint liquidators marks an abrupt change of course.

The sudden halt in this planned merger highlights the significance of market conditions in executing strategic moves. In the world of insurance recruitment, adaptability is key. It's crucial for companies to stay agile and ready to pivot their hiring strategies when external factors shift. This episode serves as a reminder that recruitment must be aligned with the broader financial landscape to ensure success in talent acquisition efforts.

My Top Insurance?Candidate of the Week

In House Insurance Manager (ACII) - Salary Negotiable?

Are you in search of an exceptional Insurance Manager with a wealth of experience and a strong academic background? Look no further. My top candidate this week is an accomplished professional who brings a unique blend of expertise and academic excellence to the table.

Key Highlights:

• ?? Broking Background: This candidate embarked on their insurance journey in the broking arena, where they skilfully managed SME and Corporate clients, honing their expertise.
• ?? Financial Lines Expertise: Having evolved in their career, they transitioned into a Financial Lines Broker, showcasing their adaptability and capacity to excel in specialised roles.
• ?? In-House Mastery: In their most recent role, they assumed the pivotal position of managing the entire insurance program for a multi-billion turnover pharmaceutical company. This included oversight of Property, D&O, Products/Clinical Trials, Marine Cargo, Cyber, Crime, and Pollution lines. Notably, they succeeded in reducing premium spends across various product lines, resulting in significant savings.
• ?? Academic Excellence: Complementing their practical experience, this candidate boasts a strong academic foundation, including a Law Degree, and has pursued professional qualifications, achieving ACII status.
• ??? Career Aspirations: Currently seeking opportunities in Northern Ireland or open to remote roles within the UK, with a willingness for monthly office travel.

This In-House Insurance Manager combines a wealth of industry knowledge with a dedication to delivering cost-effective solutions. Don't miss the opportunity to bring their expertise to your team—contact me direct to arrange an interview.

My Top Insurance Job of the Week

Account?Handler, Manchester - up to ￡35,000 p/a

Are you ready to take your insurance career to the next level? My client, an esteemed insurance broker renowned for their local market presence, is searching for a dedicated Account Handler to bolster their team.

Key Responsibilities:

• ?? Client Management: Collaborate with Account Executives to expertly manage a portfolio of clients, offering them invaluable insurance advice and tailored solutions.
• ?? Underwriter Liaison: Act as a liaison with Underwriters to secure the most favourable terms for clients, ensuring their insurance needs are met comprehensively.
• ?? Renewals and Growth: Proactively oversee renewals while identifying fresh business prospects to expand the client portfolio.
• ?? Documentation Support: Assist in the preparation of quotes, policy documents, and other client communications.
• ?? Team Player: Provide valuable support to the broader team as needed.

Requirements:

• ?? Insurance Background: Previous experience in a similar insurance role is essential.
• ??? Communication Skills: Strong interpersonal and communication abilities.
• ?? Detail-Oriented: Keen attention to detail, coupled with the ability to thrive under tight deadlines.
• ?? Market Knowledge: Familiarity with insurance market dynamics and products.
• ?? Proactive Mindset: A proactive and enthusiastic approach to your work.
• ?? Teamwork: The capability to work both independently and collaboratively within a team.

This is an exciting opportunity to join a well-established and highly regarded insurance brokerage. Contact me direct to find out more.

CEO Corner

It's been an exiting time at 360 Search this week, Director Sarah McGrath has launched season 2 of her hugely successful CEO Corner Podcast. In the first?episode, Joanie Hughes, shares the story of her younger years coming from a large ambitious farming family and her journey to becoming CEO of FNZ.

Joanie talks about the challenges of moving from colleague to CEO and what it takes to continuously strive for more. In early 2022, Joanie received some life-changing news regarding her health. She had cancer.

Joanie discusses the impact this new reality had on her mental health, family, and career. Joanie inspires us about the impact of a positive and strong mindset in the face of adversity, not even cancer was going to stop Joanie from reaching her goals.

It was only 6 months ago that Joanie received her cancer-free diagnosis. Having gone through such a life-changing experience, Joanie will share with us, some valuable and learned perspectives on life and career.

Subscribe on Apple, YouTube or Spotify or check out the full episode below.

Whether you're a candidate seeking their next career move or a company in search of the best talent in the insurance industry, I'm here to connect and assist you. Please reach out via LinkedIn or email me direct: [email protected]