CURRENT DEMANDS AND CHALLENGES OF THE INSURANCE SECTOR

Recruitment Specialists

Niched within the insurance industry

About Us

• Supplied the insurance industry since its founding – 2005 (8 years)

• 90% of our current client base are within the insurance sector (Short term, Long term, Commercial and Specialized)

• Progressed with the compliance from the very first FAIS act

• Business built on relationships (this has enabled us to create a network of insurance candidates and clients)

• Backed by Directors with 50 years combined experience which allows us to mould ourselves according to the industry changes

Challenges we facing now!

• Skills shortage - Crisis control in meeting regulation

• Loopholes became short sighted – Neglected future development of the industry

• Enormous staff turnover resulting in – Loss of IP– Loss of income – Exorbitant salary

demands

• Limited talent pool – Poaching – Churned & exhausted– Qualifications vs. ability

and potential– Selection made in

forced time frames and not from the best talent-reduced standards

– Flexibility diminished due to talent demanding permanency

• Decreased Standards

Comments and obstacles from our talent pool

• Funding capability by individuals a challenge

• Unnecessary competition amongst colleagues

• Limited career opportunity for fresh talent who want to pursue the industry

How we as industry leaders have adapted and innovated, but it is

not enough without you! • Re-engineered our sourcing methodology to be able to

source passive candidates in the market and attract the right skill and expertise

• Remained innovative in developing tools that are able to identify innate qualities instead of just experience & qualification

• Partnering with companies such as I-fundi to provide unique offering for the shortage of skills crisis

Conclusion

• As partners and key influencers in this industry, we commit to the upliftment & development of talent