After a challenging few years that began with the hurricane-heavy season of 2017, the insurance-linked securities (ILS) market has entered a sustained period of strong returns. The rebound is also reshaping recruitment trends, with rising demand being seen for talent in business development and analytics, according to 20Twenty Search’s Jason Sykes.
Speaking with Artemis around the Monte Carlo Rendez-vous event, Sykes, who serves as an Advisor at the re/insurance focused recruitment and executive search specialist, explained that pricing is holding up within the ILS market, whilst further stating that the asset class is “demonstrating its value proposition to an ever-wider type of investor.”
Until recently, the ILS recruitment market has been notably constrained, with London and Zurich being more challenging than New York and Bermuda, making it especially difficult for early career candidates to enter the industry.
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