Hiring top-tier talent within the insurance industry is becoming increasingly challenging, which is why adopting well-planned insurtech recruitment strategies is imperative.
With obstacles such as an ageing workforce and a slow post-pandemic recovery facing insurance businesses, it is vital for hiring teams to carve out a tactical recruiting process that aims to both attract and retain high-quality candidates.
For many, the pressing question is where to start. In this article, we explore the most effective recruitment strategies that will enable your company to find and secure the brightest talent in the industry.
The future of Ireland’s insurtech industry
When it comes to insurtech in the context of the Irish market, the future is bright, both for business leaders and job-seeking professionals.
A recent report, compiled by not-for-profit organisation InsTech.ie, found that Ireland has the potential to be a global centre for insurance innovation, thanks to a huge increase in the number and funding of insurtech startups in this country. The willingness of insurtech founders to collaborate with traditional insurance companies also spells good news for the trajectory of the industry.
In terms of employment, there are currently more than 4,600 professionals employed in the field. Those aspiring to kick-start their career or climb the ladder within this sector will require the relevant qualifications, experience and a winning combination of technical and soft skills.
Finding candidates with all of the above attributes is undoubtedly a tough task. However, with a targeted and results-driven recruitment strategy in place, success becomes instantly more attainable.
Exploring the top Insurtech recruitment strategies
The secret to a well-executed plan is in the preparation, so let’s discuss the most important elements that form the backbone of a successful insurtech recruitment strategy.
A strong employer brand; the foundation of effective insurtech recruitment strategies
An insurtech company could have the most impressive hiring strategy in place, but without the foundation of a strong employer brand, these efforts will be unfounded.
Within a competitive job market like insurtech, a compelling employer brand is a significant asset. From a healthy company culture and proven commitment to innovation, to impressive career development opportunities, high-calibre candidates will be attracted to a company that will not only prove to be an enjoyable and fulfilling place to work, but that will pave the way for their own personal progression.
To promote recruitment success, insurtech companies should first ensure they have a well-defined and compelling employer brand to showcase.
Consider implementing an employee value proposition
Similar to a strong employer brand, an employee value proposition (EVP) gives candidates plentiful positive food for thought.
A relatively recent phenomenon, an EVP is designed to establish a hiring organisation as a compelling choice for job-seeking professionals. It gives potential employees insight into what they will gain by becoming a part of a company’s team, showcasing its value across four key categories: material offerings, opportunities to develop and grow, connection and community, and meaning and purpose.
Each of these factors serves to attract candidates based on their current and future requirements and goals, presenting a well-rounded and highly desirable place of employment.
Companies must embrace technology in recruitment
Technology plays a vital role in modern recruitment processes.
Hiring insurtech companies should be willing to rely on advanced tools and platforms to streamline everything from candidate sourcing and assessment to eventual onboarding. This includes leveraging AI-driven applicant tracking systems, conducting virtual interviews, and utilising data analytics to inform decision-making.
Doing so will enhance efficiency and reduce time-to-hire, an attractive benefit of technological intervention.
Pre-planning is key to hiring success
Taking an organised approach to recruitment is integral to an ultimately successful outcome. This can be easily achieved by creating a step-by-step template that informs the recruitment process from start to finish. A well-devised hiring plan also ensures a seamless experience for both clients and candidates. Here is an example of how an effective plan should look:
- Step 1: Hiring managers and company heads should meet to define specific requirements of both the role on offer and the ideal candidate. In terms of the latter, this should involve elements such as technical skills, cultural fit and long-term objectives.
- Step 2: Let the candidate search begin! While networking, referrals and job postings may yield results, hiring for an industry as specific as insurtech can be extremely challenging without expert support. To save both time and money and drastically increase your chances of success, working with a specialist recruitment agency that deals specifically with the finance industry is a wise move. Such agencies will utilise their broad network and technical tools to identify and engage with potential candidates who meet your most pressing criteria.
- Step 3: Another benefit of working with a specialist recruitment agency is their ability to effectively screen and evaluate potential candidates on your behalf. This is done through a range of thorough assessments, such as interviews and skill evaluations, ensuring the selected candidates align with the needs and expectations of the hiring company. This will result in a curated shortlist of professionals who are suitable to proceed to the final stage of the selection process.
- Step 4: Once the ideal candidate has been chosen, the recruitment strategy must maintain momentum. This means creating an effective onboarding experience post-placement to ensure a smooth transition for all parties.
From orientation and training to encouraging regular feedback, an inclusive and well-considered onboarding experience can improve employee retention by 82%.
Discover the most effective insurtech recruitment strategies with 360 Search
With big recruiting challenges facing insurance agencies in 2025, more and more insurtech companies are turning to specialist financial services recruitment agencies for help with finding the right candidates.
At 360 Search, we offer a comprehensive suite of services tailored to the insurtech sector:
- Specialised recruitment – Our team brings first-hand experience in insurance and insurtech, enabling us to understand your specific needs and identify candidates who can make an immediate impact.
- Consultative approach – We collaborate closely with clients to develop customised recruitment strategies, ensuring alignment with your company’s goals and culture.
- An extensive network – Our vast network of professionals across Ireland and beyond allows us to tap into a diverse talent pool, increasing the likelihood of finding the perfect match for your organisation.
Experience hiring success with our insurtech recruitment strategies
Our commitment extends beyond filling vacancies. We aim to build lasting partnerships with our clients, contributing to their growth and success in the insurtech sector.
Our deep industry knowledge, personalised approach and dedication to excellence position us as a trusted recruitment partner. Contact us today and let us help you find the brightest talent to propel your organisation to new heights.
