Insurance roles on the increase

‘The insurance sector appears to be benefiting from the credit crunch’ according to Roland Seddon, regional director at Hays Senior Finance. ‘Over the last two months we have seen a sharp increase in demand for senior level candidates in the insurance sector, and over 20% of our role registrations in 2007/08 have been in the last eight weeks.’

‘Insurance clients will tend to recruit from their own’ Mr Seddon commented, ‘this often means there is a premium on the role.’

A finance director can now expect to earn anything from £80k base up to and above £150k dependant on the size of the business and whether it’s a divisional or head office role. A newly qualified can expect between £45–50k base although this is also on the increase