Insurance & Actuarial Science

Insurance & Actuarial Science

Selby Jennings: A specialist talent partner for insurance and actuarial

Selby Jennings is a leading specialist talent partner for Financial Sciences & Services. Our global insurance and actuarial team provides permanent, contract, and multi-hire recruitment from our offices across three continents.

For more than 20 years, clients and candidates have had peace of mind that the specialist insurance and actuarial recruitment process is in safe hands.

From streamlining processes and upskilling workforces to staying cutting edge by employing flexible work models, we advise enterprise leaders on when to strike and how. We also provide expert insight to insurance and actuarial professionals on benchmarking benefits packages and salaries, as well as assist them through their career moves.

Whether youโ€™re interested in securing the very best insurance and actuarial talent or youโ€™re a professional looking for insurance and actuarial jobs, the Selby Jenningsโ€™ insurance and actuarial team deliver exceptional talent to industry-leading clients and candidates.

โ€‹If you're a insurance and actuarial professional, please register your resume.

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If you're looking for insurance and actuarial talent, please register your vacancy today.

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Benefits of working with Selby Jenningsโ€™ global insurance and actuarial team

โ€‹We are a specialist talent partner. Among the many benefits of working with Selby Jenningsโ€™ global sales and trading team are:

โ€‹Extensive specialist knowledge in the field with over 20 years of experience in the insurance and actuarial sector.

An unrivaled portfolio of clients, both big and small

Our award-winning talent experts offer specialist guidance in the insurance and actuarial space across three continents

Insurance and actuarial Jobs

VP Reinsurance Pricing Actuary

Job Title: VP Reinsurance Pricing Actuary Location: Hybrid - Chicago, IL Company Overview: Join a leading insurance and reinsurance company committed to delivering innovative risk solutions. My client's dynamic team in Chicago is looking for a seasoned professional to lead their reinsurance pricing initiatives. Job Description: My client is looking for someone that has a strong background in Property & Casualty (P&C) actuarial science, with a specific focus on treaty reinsurance pricing. This role is integral to their strategic planning and risk management efforts, ensuring that they maintain their competitive edge in the market. Key Responsibilities: Lead and manage the reinsurance pricing team, providing mentorship and guidance. Develop and implement pricing strategies for treaty reinsurance products. Collaborate with underwriting, finance, and other actuarial teams to assess and price reinsurance treaties. Conduct thorough risk assessments and provide recommendations for risk mitigation. Ensure compliance with regulatory requirements and internal policies. Present pricing analyses and recommendations to senior leadership and stakeholders. Stay updated with industry trends and best practices to continuously improve pricing models and methodologies. Qualifications: ACAS (Associate of the Casualty Actuarial Society) or FCAS (Fellow of the Casualty Actuarial Society) designation is required. A minimum of 10 years of P&C actuarial experience, with at least 5 years in treaty reinsurance pricing. Strong analytical and problem-solving skills, with a keen attention to detail. Excellent communication and interpersonal skills, with the ability to present complex information clearly and concisely. Proven leadership abilities, with experience managing and developing actuarial teams. Proficiency in actuarial software and tools. Benefits: Competitive salary and performance-based bonuses. Comprehensive health, dental, and vision insurance plans. 401(k) with company match. Flexible hybrid work environment. Professional development opportunities and support for continuing education.

Negotiable
Chicago
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CFO - Insurance

A leading alternative investment manager is looking for a seasoned insurance veteran to help grow their insurance platform. This platform will be used for both reinsurance and M&A transactions. Please apply if interested and qualified! Responsibilities: Focus on holistic balance sheet management of legacy inforce and annuity reinsurance Manage the acquisition and management of additional insurance companies and blocks of business Accounting, planning & analysis, capital & liquidity management and expense management projects Qualifications: FSA, CPA, or CFA designation Minimum 15 years of finance experience Strong US Stat, GAAP and/or IFRS experience Significant knowledge of insurance industry Deep annuities product knowledge

Negotiable
United States of America
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Chief Actuary

Responsibilities: Leadership and Mentorship: Lead and mentor the Actuarial department, aligning efforts with corporate goals for current and future products. Product Pricing and Risk Management: Oversee the pricing of products, risk assessment, modeling, forecasting, and statistical reporting processes. Cross-Departmental Collaboration: Work closely with Underwriting, Finance, Reinsurance, Product Development, and Marketing to align pricing with company goals and customer needs. Product Changes Management: Ensure documentation, implementation, and monitoring of product changes, including rate, rule, and form adjustments. Strategic Financial Policies: Develop and implement strategic financial policies to achieve profitability goals. Continuous Improvement: Lead initiatives for continuous improvement by tracking industry trends and competitor activities. External Stakeholder Liaison: Act as a liaison for external stakeholders, such as reinsurance partners. Pricing Strategy Communication: Inform the executive team about pricing strategies. Reporting: Prepare and present reports to various audiences, including executive-level stakeholders. Budget Oversight: Oversee the creation and management of the budget. Regulatory and Industry Knowledge: Maintain up-to-date knowledge of state regulations, industry trends, and company directives. Compliance Assurance: Ensure company products meet state requirements and comply with regulatory standards and industry best practices. Requirements: Education: Bachelor's Degree in Actuarial Sciences, Finance, Business, or related field required Master's Degree preferred Equivalent experience may substitute for minimum educational requirements Experience: Minimum of ten (10) years of relevant work experience required At least five (5) years in leadership roles required Certifications: Fellow of the Casualty Actuarial Society (FCAS) or equivalent required

Negotiable
Florida
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Director, Trend Analytics

One of the top Blue Cross Blue Shield plans in the country is seeking a seasoned analytics professional to lead it's Trend Analytics team. This position can be worked remotely from anywhere in the U.S. (with 5-10% annual travel to HQ) Responsibilities Use data & analytics to... Educate key stakeholders about trends Inform financial results and forecasting Support market segment, network, provider, member, and condition to identify key trends Develop claim trend projections to support product pricing Assess future financial risk Identify opportunities to improve medical cost and utilization Qualifications Bachelors degree in mathematics or related field 7+ years of Trend Analytics experience 3+ years of management experience. Strong experience with Excel, SAS, SQL and other cloud-based technologies

Negotiable
United States of America
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Commercial Lines Underwriter

**Preference to individuals residing in the New England States (MA, CT, RI, NH, ME, VT)** P&C Commercial Lines Underwriter $75,000 to +$130,000 base salary (commensurate with experience) Summary An exciting opportunity to join an established wholesale broker as an Underwriter to assist in cultivating client relationships and expanding the Commercial lines book of business. You will be working on both new and renewal underwriting. Qualifications Bachelor's degree. Minimum 3 years of underwriting experience in Commercial Lines Insurance. Strong sales, marketing, and communication skills. CPCU preferred. Responsibilities Maintain and advise knowledge of underwriting guidelines. Drive new business and renewal retention. Consult with brokers and review inspections. Document files properly and maintain client relationships. Network to identify new clients and maintain broker relationships.

US$75000 - US$130000 per year
United States of America
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Actuarial Director, Risk Adjustment

A leading health plan in the Midwest is looking for a seasoned ASA/FSA to lead its Risk Adjustment & Quality Analytics team! This position can be worked remotely from anywhere in the U.S. (with 5-10% annual travel to HQ) Responsibilities Conducts risk score calculations and forecasts for all lines of business Assesses the financial implications of potential improvement initiatives and offers pricing and budgeting recommendations. Manages the identification of diagnostic coding gaps, confidence modeling, and benchmarking. Provides strong leadership to the Quality and Risk Adjustment Analytics team Qualifications Bachelors degree in mathematics or related field 7+ years of Risk Adjustment AND Quality Analytics experience 3+ years of management experience. ASA/FSA designation

Negotiable
United States of America
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Commercial Lines Underwriter

Job Summary: My client is looking for an experienced Commercial Lines Underwriter with a strong background in Commercial Auto. In this role, you will manage risk selection for new and renewal business within an assigned territory. Your responsibilities include influencing profitability, rate adequacy, and risk acceptability, as well as handling voluntary business within assigned agents. Building and maintaining strong relationships with agents, Business Development Representatives, and Voluntary new and renewal underwriters is essential. Requirements: Education: Bachelor's Degree or equivalent professional knowledge in a specialized field. Experience: At least 2 years of experience in Commercial Lines Underwriting. Skills: Ability to exercise business judgment effectively. Strong communication skills. Sales skills. Analytical skills for risk assessment. Time management skills. Additional Qualifications: Prior experience as a Commercial Lines Underwriter. Decision-making ability within management limits. Ability to provide training to less experienced staff. Problem-solving skills for a scope of issues. Effective communication across departments and external parties.

Negotiable
Boston
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Data Analyst

Opportunity for a highly skilled Data Analyst with expertise in SQL Server databases to join our Information Systems team. The ideal candidate will be responsible for writing and executing complex data pulls from SQL Server databases to support our Property & Casualty Insurance operations and grow into performing database administrator duties. This role requires a strong analytical mindset, attention to detail, and the ability to work with department managers to provide the data and reporting they need. Responsibilities: Develop and maintain complex SQL queries to extract data from SQL Server databases. Collaborate with cross-functional teams to understand data requirements and deliver accurate data pulls and reports. Ensure data integrity and security during the extraction process. Analyze large datasets to identify trends, patterns, and insights relevant to P&C insurance operations. Present findings to stakeholders in a clear and concise manner. Optimize database performance by identifying and resolving bottlenecks. Stay updated with the latest SQL Server technologies and best practices. Qualifications: 5+ years of experience with SQL Server databases and advanced querying techniques. Experience in Personal and Commercial insurance industry a plus. Interest in bringing ideas and solutions to the team that assist PSM in continuous improvements. Self-driven achiever able to work independently within the team. Proficient with Microsoft Office applications. Microsoft .Net experience a plus.

Negotiable
Michigan
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Auto Claims Specialist | Bodily Injury & Auto Liability

My client is hiring claims professionals experienced in Non Standard, Auto Liability, and Bodily Injury claims. Key Responsibilities: Review each assigned file and determine the appropriate course of action, utilizing technical knowledge and experience to support the final resolution of losses. Conduct thorough investigations and maintain accurate documentation of all file activities related to each claim, including coverage details, liability status, and applicable damages. Process bodily injury and coverage claims in accordance with established office procedures. Collaborate closely with a team to identify necessary investigations regarding injuries and coverage. Research case law and statutory regulations to conduct effective claim investigations. Document policy status, coverage, liability, and damages for all claims, and inform the re insurer of any qualifying claims. Prepare and present evaluations of claims to the appropriate settlement authority. Honor, decline, or negotiate first and third-party liability claims after completing coverage and policy investigations, along with analysis of damages and liability. Organize, plan, and prioritize work activities to manage current assignments and ensure timely resolution of claims. Qualifications: ~3 years of prior experience in auto insurance or casualty claims. Strong analytic, organizational, interpersonal, and communication skills. General understanding of policies, file procedures, and state rules and regulations. Ability to pass written exams required by state statutes to obtain a Claims Adjuster license. This on-site position is located in Belford Park, IL or Oakbrook, IL.

US$65000 - US$65001 per year
Chicago
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Associate Actuary

What you will do: Conduct actuarial analysis and develop pricing models for life, annuity, critical illness, or disability products Assist in the development of financial projections and risk assessments Support the valuation of reserves and financial reporting processes Collaborate with cross-functional teams to provide actuarial insights and support strategic initiatives Participate in the APD program, receiving mentorship and training to further professional development Stay updated on industry trends, regulatory changes, and emerging risks What you need: ASA designation required Bachelor's degree in Actuarial Science, Mathematics, or a related field Experience in life insurance, annuities, critical illness, or disability products Proficiency in actuarial modeling software (e.g., MG-ALFA, AXIS) and Excel Programming skills (e.g., VBA, Python) are a plus Ability to work effectively both independently and within a team setting

US$105000 - US$135000 per year
Atlanta
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Annuity Pricing Actuarial Analyst

What you will do: Price structured Life and Annuity reinsurance transactions Analyze client data, review assumptions and risks Develop reinsurance deal models and assess profitability Communicate risk analysis to senior management Manage client relationships with Marketing department Stay updated on market trends, industry news, and regulatory changes What you need: Bachelor's degree in Actuarial Science, Mathematics, or equivalent 5+ years of life insurance industry experience, preferably in annuity pricing ASA Designation Modeling experience (MG-ALFA, AXIS), VBA or programming skills a plus

US$105000 - US$135000 per year
Philadelphia
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M&A Associate 1 | Dubai

Are you a talented M&A professional from London, Paris, or Milan looking to take your career to the next level? We are partnering with a prestigious Mid-Cap M&A Investment Bank in Dubai that is expanding rapidly due to a surge in high-profile deals. Join a dynamic and entrepreneurial team noted for their collegiate and high-performing environment, where you'll gain full exposure to both origination and execution-related responsibilities. Key Responsibilities: Live Transactions: Participate in M&A and strategic advisory projects. Origination and Marketing: Play an integral role in deal origination and marketing activities. Idea Generation: Contribute to idea generation and sector coverage. Data Analysis: Prepare data analysis for pitch books and discussion materials. Financial Modelling: Conduct financial modelling, valuation, project management, and client engagement. Additional Responsibilities: Take on additional responsibilities as needed. Key Requirements: Education: A bachelor's degree. Experience: 3-5 years of M&A experience from a reputable Investment Bank in Europe, ideally in Paris, London, or Milan. Knowledge: Enthusiasm and understanding of the regional M&A market. Skills: Ability to handle complex modelling and financial analysis. Leadership: Take ownership and drive individual projects. Attention to Detail: Strong attention to detail and judgement to identify key issues, draw conclusions, and question results. Relocation: Willingness to relocate to Dubai. Why Join? Career Growth: Opportunity to work on some of the most high-profile Mid-Cap transactions in the region. Dynamic Environment: Be part of a high-performing, entrepreneurial team. Global Exposure: Gain international experience in a thriving financial hub. Supportive Transition: Assistance with relocation and settling into Dubai. If you are passionate about M&A and ready for an exciting career move to Dubai, we want to hear from you! Please apply with an updated resume if you feel this role is a match for you. We look forward to receiving your application and helping you transition to a rewarding career in Dubai.

Negotiable
Dubai
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Insurance News & Insights

Embracing Disabled Talent: Driving Success Through Inclusive Hiring in Europe Image
risk-management

Embracing Disabled Talent: Driving Success Through Inclusive Hiring in Europe

In today's evolving business landscape, recognizing and embracing diversity and inclusion is crucial. Despite progress, the potential of disabled talent remains largely underappreciated in Europe. Recent findings from our Selby Jennings poll shed light on the current state of affairs, with 55% of respondents admitting their hiring strategies lack provisions for candidates with disabilities. However, it is encouraging to note that 72% of workplaces have policies and practices in place to support employees with disabilities.The Missed OpportunityLack of Provisions and Representation: The finding that 55% of organizations do not have provisions for candidates with disabilities in their hiring strategies is a wake-up call. It indicates a significant missed opportunity to engage with a pool of talented individuals. Furthermore, the survey reveals that disabled individuals are particularly underrepresented in the banking and financial sector, with 78% of respondents recognizing the need for better representation. This highlights the need for a paradigm shift in how organizations approach hiring and inclusion.Policies, Practices, and Managerial Support: On a positive note, 72% of workplaces have implemented policies and practices to support employees with disabilities. This demonstrates an increasing commitment to inclusivity. Additionally, 73% of respondents believe their managers are equipped to manage employees with disabilities, indicating progress in fostering an inclusive work environment. However, it is important to ensure ongoing training and support for managers to effectively accommodate and empower their disabled team members.The Benefits of Complete InclusivityEmbracing complete inclusivity offers numerous advantages for businesses. First and foremost, it fosters a culture of equality, respect, and diversity. By hiring disabled talent, organizations can ensure they have a vast pool of skills, perspectives, and problem-solving abilities. This diversity drives innovation, creativity, and productivity, leading to better outcomes and a competitive edge. Moreover, a truly inclusive workplace enhances employee morale, engagement, and retention, as team members feel valued and supported.Embracing Disabled Talent - The Path to SuccessEmploying disabled banking and finance professionals can be a game-changer. Their unique insights, adaptability, and resilience brings fresh perspectives to financial institutions. By leveraging their talents, organizations can drive innovation, enhance customer service, and make informed decisions that cater to a broader demographic. Embracing this is a strategic move that positions businesses for long-term success.Taking Action - The Call for Inclusive HiringHiring disabled talent in Europe is not only essential for business success, but also for creating a more inclusive society. Embracing complete inclusivity brings diverse perspectives, encourages innovation, and engages the workforce. With the potential to access over 2 million candidates worldwide, Selby Jennings provides a unique opportunity to engage with talent from various backgrounds, including disabled professionals. By partnering with Selby Jennings, organizations in Europe can expand their reach, access a diverse pool of skilled candidates, and further enhance their inclusivity efforts. Request a call back today and together, we can build a prosperous future that celebrates the contributions of all individuals.

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2023 Bonus Season Breakdown Image
insurance-and-actuarial

2023 Bonus Season Breakdown

Discover the latest analysis of bonuses and rewards in the Financial Sciences & Services industry, and how it impacts the talent market.Understanding bonus structure has become not only a critical aspect to businesses in attracting and retaining top talent, but also for professionals in knowing their true value.Analysing the rewards arrangement across the Finance and Banking industry, we surveyed over 2,000 professionals based in Europe to discover:What value their bonuses are Whether they are satisfied with their bonusKey drivers behind their bonus pay-outsPerformance metrics used to determine bonusesย Offering valuable insights to both professionals looking to benchmark themselves, and for businesses reflecting on their compensation strategies, both parties can take away a number of key considerations from this exclusive report. โ€‹Download your copy of the 'Bonus Season Breakdown' report by completing the form below:โ€‹

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How to Make the Perfect Job Offer Image
private-wealth-management

How to Make the Perfect Job Offer

โ€‹Finding the perfect candidate for your latest role can be a long and arduous road. Once you have found the employee with the skills you need and an attitude which will fit perfectly within your team, it is time to make your job offer. In a perfect world, you will get an enthusiastic acceptance. However, if you are hiring in a busy sector, or trying it, is likely you may have to negotiate salary and other benefits before you can seal the deal.Competition for talent is fierce. The pressure is on for hiring managers to secure the right candidate by offering an attractive compensation package before they accept an offer from a competitor. The aim of a salary negotiation is not to find a compromise where both parties are dissatisfied but find a balance where you both come out feeling valued, and enthusiastic about moving forward. Negotiating salary can be a tricky business that requires a high level of strategy.โ€‹Set your limits before you advertise the jobSalary negotiations can be complicated - planning will give you an obvious advantage. Before you even start interviewing your candidates, you need to choose the right salary to advertise, including the upper limit to where you are willing to negotiate for an exceptional candidate.Your lowest salary offer should still be in line with industry standards, with your upper limit reserved for excellent candidates who will offer extra value to the role. Donโ€™t include your upper salary limit in any of your job advertising or recruitment efforts. There are several elements to consider when deciding on monetary compensation, including:The seniority of the position on offerโ€“ how many people will they be managing? Will they be heading up important projects?The current labor marketโ€“ will this be a difficult or easy position to fill?The current performance of your companyโ€“ how much can you afford to pay a new candidate?The skills required for the job โ€“ are they rare? Do you need a specific combination of hard and soft skills?The salaries of others in the companyโ€“ is the upper limit offered still within the bracket you have set for others at this level?Your locationโ€“ are you based in an expensive city or area where more compensation is needed to make up for elevated living costs?The best way to avoid negotiation is to ensure your initial offer is attractive and fair compared to benchmarks within your industry. Use online tools such as PayScale and Glassdoor to look at salary benchmarks for similar roles within your sector. Remember that it is likely your candidate will also be using these tools to make their own comparisons.It is also vital to keep within existing pay levels within your company. Going above these may help you secure a candidate but can lead to issues further down the line where other team members may feel undervalued and demoralized.Find out your candidateโ€™s current salaryThe candidate you are interviewing is under no obligation to tell you their current salary, but there is no harm in asking politely. This information is important when it comes to negotiating a salary. If their current salary is higher than your upper negotiating position, then it is time to question if they are the right candidate for you. This is best done early in the interviewing process. You can ask a candidate their desired salary in the interview to prepare for later negotiations and speed up the process. This allows you to root out candidates who are holding unrealistic salary expectations.Make a fair initial offerIf you want to avoid a lengthy negotiation period, make sure your initial salary offer is a fair one. Though it is not an official rule, it is a given that most professionals will be expecting at least a 20% pay rise when seeking a new position, particularly with the cost of living increasing. However attractive the position is and however great the benefits your company provides are, salary is still the main motivating factor for taking a role - you need to offer a fair package to a skilled candidate which remains within your company guidelines. Your offer needs to be a fair reflection of the candidateโ€™s experience and skills.Lowballing your candidate in anticipation of a counteroffer will only lead to your candidate regarding your company with suspicion, and you may gain a reputation as a timewaster. Salary negotiations should not be treated the same way as trying to sell a used car. Consider the long-term impact of the hire during your negotiations. Making a fair offer will help bring more value to your company in the long run through the work of an employee who knows that they are respected and valued.Conversely, offering a very high number to your candidate can come across as desperate and make your candidate second guess their decision to take up the offer. Your candidate will be aware of the value of their current skill-set, and a high overvaluation can lead to further suspicion and hesitation from the employee. Finally, ensure your initial offer is lower than your upper range, which should have been decided before the job was advertised, to leave room for negotiation.Highlight benefits beyond salaryIf you are aware of competitors in your market who can provide bigger salary packages than you, consider the benefits of working for your company beyond the wage. Depending on your candidate, some of these benefits can be very attractive in helping improve the employeeโ€™s quality of life. If you are unable to completely match a salary request during a negotiation, there are other benefits you can offer that may entice a new employee to join. These could include:Additional or unlimited annual leaveโ€“ a generous holiday offer, including the recent trend amongst start-ups to provide unlimited leave, shows a level of trust and value.Flexible workingโ€“ Allowing employees to work from home one day a week or schedule their work around their lives using a flexi-time structure is particularly attractive to those with children.Professional developmentโ€“ If there are opportunities for the candidate to take on additional training, learn new skills or start a new progressive career track, there is more long-term value in taking the role offered.A positive company cultureโ€“ If the candidate is coming from a toxic or high-pressured atmosphere where they experienced burn-out, it may be an important and attractive prospect to work in an office with a supportive and positive atmosphere. Statistics such as staff retention rates and testimonials from other employees can help support the representation of your culture.Perks- such as free gym membership, funding for travel into work, subsidized lunches, attractive office facilities, and social opportunities.These can all be compelling reasons for your ideal candidate to choose your role, even if the salary isnโ€™t what they expected. These benefits can help employees save money, cut down on stress, and enjoy their role. This provides compensation which focuses on quality of life - which can be very appealing during negotiations.Offer alternative monetary benefitsIf you are facing troubles in salary negotiations and it looks like you may lose the candidate who will bring the most value to your company, it is worth considering offering additional monetary benefits. These can include:Performance-related bonusesโ€“ agree to pay a bonus if certain targets and milestones are hit.Commissionโ€“ some roles can benefit from a commission rewards system, where the employee is compensated for business and leads generated for your company.A signing bonusโ€“ a one-off signing bonus rather than a higher salary bracket is often a great way of satisfying both parties. It shows enthusiasm for wanting to onboard the candidate quickly while saving your company on payroll in the long term.A later salary negotiationโ€“ if you are unsure about offering a higher salary bracket now, you can promise another negotiation over salary after a probation period, on completion of a training course or if a performance target is hit. It is vital that you do follow up on this promise, as you do not want to lose the trust of your new staff member.Shares or profit-sharingโ€“ get your candidate invested in the success of your company by offering shares as part of the job offer.The importance of feedbackProvide succinct feedbackYour feedback is the most important part of your communication with a rejected applicant. Good interview feedback needs to be succinct, considerate and honest. It is often the case that there was nothing particularly wrong with the candidate, but there just happened to be another candidate with more relevant experience or stronger skills. Stating this to a candidate should not offend their feelingsโ€”itโ€™s the reality of job hunting in a busy and high-quality labour market. You donโ€™t want to provide a lengthy critique which kicks your applicant when theyโ€™re down, but providing constructive and specific feedback will also be useful for your candidate.Request and value feedbackAnother way to show respect to a candidate and gain a brand advocate is to ask for feedback on your interviewing and hiring process. You have given your honest and succinct feedback, respect that hiring is a two-way street and request some feedback on their experience. You can do this either in your phone and email correspondence, or set up a feedback survey to collect data from several rejected candidates. Requesting feedback shows you value and trust the opinions and viewpoints of the candidate, alongside providing you as a hiring manager with useful insights on how you can further optimize and structure your recruitment and candidate search process.Be honest about future opportunitiesIn some cases, you may be rejecting a candidate you have a genuine interest in hiring in the future. Maybe they werenโ€™t quite the right fit for the current role, but they may slot into your future growth plans. If this is the case, tell them. However, do not finish a job rejection on a false promise if you know you have no interest in hiring the candidate now or in the future. Only invite a candidate to apply for future roles if you think they would be a good cultural fit in your company in the future. Inform them if their details will be kept on file within your company for future positions.Gaining a brand advocate in a rejected candidateEnding a job rejection on a positive note is no mean feat, but it is the first step in nurturing and maintaining a good relationship with the candidate and gaining a brand advocate. You want to keep qualified candidates of exceptional quality active within your talent pool, and maintaining positive communication with a rejected candidate may save you on hiring times and costs at a future date. Stay in touch with rejected candidates, either via email or professional social media such as LinkedIn. Follow up on their progress, and congratulate them when you spot they have landed a new job.You can keep up communication through inviting rejected candidates to events or seminars hosted by your company, a networking opportunity for both you and your candidate. You can also ask to add the candidate to your email newsletter database, or suggest they follow your company on social media so they can stay informed on hiring and growth. Treat candidates as you would like to be treated. Keeping up positive, timely, succinct and direct communication will gain you a brand advocate and a new addition to your passive talent pool.These guidelines can help to negotiate and extend the perfect job offer that's impossible to refuse. Once the offer is made, this isn't the end of the process -the ball still remains in the candidate's court. As a talent specialist with a well-garnered candidate portfolio, we are a one-stop solution for all your talent needs. Contact us today and we can help in the job offer process.โ€‹View and download your free printable version belowโ€‹

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How to Get the Most Out of a Long and Challenging Interview Process Image
sales-and-trading

How to Get the Most Out of a Long and Challenging Interview Process

โ€‹Interviewing at a banking or financial services firm, particularly for senior-executive level positions, will often entail a rigorous process that includes a lot of prep, energy, and tough technical questions to assess if you have the necessary skills and knowledge to tackle the role. In certain instances, you may even be invited to attend an all-day interview, which entails multiple rounds of exchanges with stakeholders and HR managers to determine how your skillset and character might fit into the company. This type of interview is of course intended to challenge you in a variety of ways, but while it can be tough, it is a valuable experience and an opportunity to get to know the company and the people who make it.If you are called to one of these marathon interviews, itโ€™s important to set yourself up for success in advance, which doesnโ€™t just mean pouring over interview questions and company information. Taking care of yourself both mentally and physically in the run up to such an exciting but demanding opportunity is equally as important as preparing your answers in that fatigue and stress can quickly derail your efforts.โ€ฏThis article will guide you to set yourself up for a positive outcome when approaching a long and challenging interview process, whether itโ€™s a job offer or a valuable experience to carry with you for next time.โ€ฏThe full pictureBeing called for an interview is a great feeling. It affirms that your CV has hit the mark and that the hiring manager wants to find out more about what you have to offer. The interview itself can challenge you in ways you might not have expected, and in some cases can be a long and demanding process both mentally and physically, but itโ€™s important to remember that if youโ€™re not being challenged, the role might not offer you the right level of growth and development that will keep you fulfilled. Essentially, itโ€™s not supposed to be a breeze.In particular, the idea of an all-day interview can be extremely intimidating, and a certain level of nerves can be a good thing. Single interviews are challenging in their own way, but are typically over in about an hour, while an all-day interview is an entirely different ball game involving meetings with several senior stakeholders within a company to gain different perspectives on your suitability.ย Depending on the role you are applying for, all-day interviews can come in a range of formats. For example, they may involve a mixture of exercises relevant to your role, plus general tests to check your culture fit, such as personality and IQ tests. This means that you are being tested on things that you can prepare for and traits that are innate to you. Therefore, while reading up on information that can support your professional assessment is one way to prepare, youโ€™ll also need to start the day well rested and calm in order to present the best version of the full picture.โ€ฏBe preparedโ€ฏThese interview processes are designed to push you out of your comfort zone and so preparation will be your greatest ally to help you keep your cool and put your best foot forward. Your potential new employers are attempting to gain a full picture of what you are about, from your skills and experience to your attitude and cultural fit and so however talented, experienced, and confident you are in your fit for the role, there will be elements of the process that will challenge you, demanding thorough preparation. Here are some tips to help you to prepare before you walk through the door.โ€ฏRequest a scheduleThis is vital in terms of mentally preparing for an all-day interview. Knowing how the day will be laid out will help you get into the headspace of what is expected from you, helping to keep you calm and avoiding anything that might throw you off. You may have four very long interviews, or twelve very short interviews. Whatever the format, you need to make sure you are mentally prepared for what you are facing, and pace yourself around those all important breaks. Request this a few days before your interview to give the employer time to check everyoneโ€™s schedules.โ€ฏFind out the names and job titles of each of your interviewersLook up their LinkedIn pages and find out their experience and expertise, and what relationship they may have with you if you win the position. If they are thought leaders, read their articles and blogs to find out their views on your industry. Researching your interviewers means you can find out how you can relate to them both personally and professionally, which will make them easier to engage with on the day.โ€ฏPrepare questions for your employerโ€ฏA day-long interview is an opportunity for you to get an impression of the institution you are hoping to work for from several angles. Think of all the information you want to gain from the different interviews and ensure you have prepared questions to ask each of them. This also takes the pressure off yourself during each interview and allows for breathing space. And in addition, your interviewers will appreciate the variation in conversation.โ€ฏGather your examples and storiesโ€ฏPrepare some notes on your most notable career achievements. Numbers work best, particularly if youโ€™re short on time, so if your department contributed to a 20% increase in revenue, keep that number in mind. Think of your best and most impactful anecdotes, too - an example of a successful negotiation, a challenge where you were the lead problem solver, a project you managed from conception to launch. And donโ€™t forget to let your personality shine through when telling your story as a good company will be looking for a good mix of skills and character.Stay refreshedโ€ฏThe demanding nature of the all-day interview means you need to plan ahead and make sure you are equipped with the right items to keep you feeling fresh and help you stay mentally focused until the end. In most cases you will be offered plenty of chances to hydrate throughout the day, bringing a flask of water or coffee is a good idea and will help you to stay alert. Much like a real marathon, these days require stamina, so plan your fuel to keep your brain sharp and keep your energy up between interviews. Choose healthy yet filling snacks like granola bars or fruit, and avoid a sugar rush as the slump will be sure to follow. Also, be careful with caffeine. If you rely on it, regulate your coffee throughout the day to avoid any crashes in the afternoon.Having a mid-day freshen up can work wonders for your energy and focus. Packing sanitary items such as hand/face wipes, deodorant/perfume, and mouthwash may give you the reset you need, particularly after food and coffee, and will help to send you into the second half of the day feeling more awake. In addition, packing a comb or hairbrush will help you to remain presentable, which will make you feel better, too.It may be tempting to sit and scroll on your phone in between interviews, but getting fresh air and going for a walk if you can will help keep you mentally clear. Gentle physical exercise keeps your blood flowing, prevents tiredness and is the best way to keep fatigue at bay. Try to take a proper break without speculation and analysis of how the day is going. Your brain canโ€™t work at full speed all day - try to slow it down and give it a rest before it goes back into full speed at the next interview. Meditation is known as a hugely beneficial practice in instances like these.Approach each interview consistentlyโ€ฏIt is natural that you will exhibit both strengths and weaknesses throughout the day, and it can be difficult to approach the final interviews with the same energy as the first, but it is vital you remain consistent. Keep in mind that even though this is a marathon for you, your meeting with each interviewer is a stand-alone hour or two for them, so try to keep up with pace. Remember to shake the hand of each interviewer, introduce yourself, and be prepared to repeat yourself a few times throughout the day, however tiring it may seem. End each interview on a positive note about how you are excited to interview for the position, reiterate why you believe you are the ideal date, and that you look forward to hearing from them.โ€ฏHowever, keep in mind that your interviewers will be comparing notes, so avoid telling the same story and highlighting the same achievements during each interview, or you may risk giving the impression that your experience is more limited than it is. During your research process, think of the best information you have which will be relevant for each position. For example, the head of marketing may be engaged with examples where you have shown creativity or solved problems, whereas a sales director will be more interested in figures and percentages. A HR figure will be more interested to hear about your management skills, or a story about dealing with a toxic employee. Again, preparation is key.Stay on your A gameโ€ฏEveryone is in the same boat over the course of an all-day interview. Talking for hours in a high-stakes situation can be mentally exhausting, and a mix of anxiety and disinterest can creep in, which is only natural regardless of how passionately you want the job offer. After the initial rush of your first interview you may be facing fatigue, while your intention was to remain positive, confident, and enthusiastic throughout the day.โ€ฏA good way to avoid showing signs of fatigue during later interviews is to be mindful of your body language. Keep in mind that you should be enthusiastic with your gestures; lean forward towards your interviewer and show your passion for what you do through how you move as well as what you say. If youโ€™re tired towards the end of the day, try to avoid speaking flatly and donโ€™t forget to remain sitting up straight, as this will make you both appear and feel alert and passionate about the topic.โ€ฏThe majority of all-day interviews will include a break for lunch mid-way through. Not only is this a chance to get a preview of the company canteen and how people interact during their break, itโ€™s also the perfect opportunity to socialize with your possible new co-workers in an informal setting. Though you may need to refresh, you may also view your lunch break as another kind of interview relating to your cultural and personality fit. Your interviewers will be taking note of your social manner, and whether you are easy to communicate with. It is also an opportunity for you to ask questions and discover more about the company in a more casual setting.

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