“Todays Talent, tomorrows leaders” – IBUK
We are so proud of Miri for winning the Rising Star Awards for the second time! She does amazing work for us and deserves all of the recognition she earns. Below is some of the article retrieved from IBUK about some of the winners of the award.
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The war for talent continues. In the insurance industry, there’s a race to recruit and retain young workers to replace the millions of Baby Boomers becoming pensioners every year. Luckily, the career advantages of the industry tend to align with the top five criteria that UK employees are seeking from work: job security, vacation and time-off policies, pension and retirement options, flexible working arrangements, and competitiveness of pay and rewards, according to Mercer. Another stroke of fortune for the industry is that there’s no lack of young stars willing to help bridge the talent gap.
Insurance Business UK’s Rising Stars in 2022 are standouts in the profession. How did the IBUK team discover them? Earlier this year, IBUK requested nominations for exceptional employees aged 35 and under. They reviewed their roles, achievements, goals and contributions, as well as recommendations from their supervisors. Then, the independent panel of industry leaders determined the winners who represent today’s great talent and tomorrow’s thought leaders, CEOs, and board chairs.
If Joanne Healy, one of the 2022 Rising Stars, was to characterise the market conditions over the past couple of years in one word, she would describe it as “resilient”. The underwriter in professional indemnity and telecommunications, media and technology for Markel was impressed with how the industry went from dealing with the longest soft market in living memory – and the pressures on profitability – to the COVID-19 pandemic and then to the war between Russia and Ukraine.
“The insurance industry is often seen as slow to change compared to our peers in financial services; however, I’m proud of the way the industry has embraced change and I feel it has driven forward the speed of innovation,” says Healy. “There is still a huge scope for technology to shake up our industry and that is where I see it going in the near future. I feel the rewards for those that embrace technology and change will be significant.”
The broking director and co-owner of Sioma, Jordan Marks is another Rising Star this year. Marks believes one cannot describe the market without referring to the pandemic. While it has influenced everything from insurance products to claims handling, he says, it has brought the industry closer together in many ways.
“Things were tough, and I think they will continue to be so,” says Marks. “This was a factor in why I wanted to become a broker and own a business. I always felt one step away from really helping clients as an underwriter and wanted to do more.
“I also think that as an industry, it is important to return to working from an office. I picked up valuable advice and skills just from being around more senior members of staff in an office environment and don’t think I’d be in this position without this. I think really young people starting their career from home are missing out.”
Continue reading the full and complete article over at Insurance Business mag.
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