A few years ago, careers in insurance were relatively predictable. Professionals followed a steady path, with few surprises along the way. But with technology becoming a core part of the insurance industry, the demand for tech talent has surged. In fact, job openings in insurance remained consistently strong throughout 2023, second only to scientific and tech services in terms of new postings, according to Chubb.
If you’re an IT or software professional in insurance, finding a job now goes beyond simply matching your technical skills. It’s about making sure the company values technology, provides room for growth, and has a work culture that supports your goals. You want to be part of an organization where your tech skills are put to good use, and your role feels rewarding.
But how do you know if a company is the right fit? What should you ask during interviews to understand their approach to technology? What should you notice when you interact with potential employers? Keep reading to learn how to make informed decisions when searching for your next role in the insurance industry.
Perfection is a rare find – just ask any insurance employer or the professionals on their team. Yet, the search for a company that resonates with your values and career goals is something many aspire to. Who wouldn’t want to be part of a workplace that feels like the right fit?
Many job seekers feel this way. In fact, a research by LinkedIn shows that a significant 88% of candidates consider a company’s reputation before applying for a position. It’s worth your time to identify an employer whose values align with yours.
It’s a common misconception that all employers fall short. In reality, many employees appreciate their companies for different reasons, though what people value varies from person to person.
However, for most IT and software professionals in insurance, there are a few key traits that stand out when considering the ideal workplace:
First and foremost, you need to be fairly compensated. Money will obviously play a major role in meeting your everyday needs – paying bills, buying groceries, and taking care of your family. It’s hard to focus on work when you’re worried about finances. Even the toughest boss earns respect when they pay on time and offer a fair wage. For tech professionals in insurance, competitive pay is a top priority.
For instance, consider a company that offers salaries above the industry average for software developers or IT specialists demonstrates its commitment to attracting top talent. Providing annual bonuses based on performance can further incentivize employees to excel in their roles.
It’s important to know what’s expected from you. No one wants to be surprised by added duties that don’t align with their role. If you’re hired as a software developer, you shouldn’t be asked to handle janitorial tasks or make coffee runs. A good employer will clearly outline your responsibilities, so you can focus on what you do best without unexpected distractions.
Steer clear of job postings that come off as overly general, such as “Seeking Versatile IT Professionals for Varied Tasks.” A reputable insurance company will be transparent about your specific duties and how they expect you to contribute.
The little extras can make a big difference. An ideal employer offers a variety of benefits that support your overall well-being. This might include health insurance, dental and vision coverage, paid time off, and parental leave. Consider also tuition assistance, student loan repayment options, retirement savings plans, and unique perks like gym memberships or mental health resources. These benefits show that the company cares about your life beyond just work.
Putting in those 9-to-5 hours can be tough, so it’s totally reasonable to seek a workplace where you feel appreciated and comfortable. Elements like trust, respect, and a positive atmosphere can really enhance your productivity and overall job satisfaction. While challenging coworkers can pop up anywhere, a company that prioritizes a supportive work environment can make all the difference.
You’ll find yourself approaching tasks with renewed energy, having the stamina for those marathon coding sessions, and collaborating on team projects will feel more enjoyable and less like a chore.
Job-hopping has become more common, but many still seek stability. Knowing you have a secure position can alleviate stress related to financial commitments, like mortgages or school fees. When you trust your employer and feel secure in your job, it naturally boosts your productivity and overall satisfaction.
A company that has been in business for several years and shows steady growth signals stability to potential employees. Offering long-term contracts or clear paths for advancement can reassure employees about their future with the company.
Your workspace should feel welcoming and be equipped with the right tools. When you’re expected to perform well, it should be your requirement to have all the working “essentials” – like a reliable keyboard or up-to-date software. A company that values its employees knows that a comfortable environment boosts productivity.
An advanced insurance tech firm invests in modern facilities, inviting break rooms, and ergonomic workspaces, whether you're coding behind a desk or collaborating in a conference room. While not every organization has a kitchen, the best ones offer perks like cozy lounge areas or games to unwind during breaks.
Effective leaders understand the power of encouragement. A few kind words can inspire you to excel, especially during challenging times. Exceptional employers recognize and reward high performance with bonuses or other incentives, creating an upbeat workplace. When company culture supports empathetic and motivating managers, it fosters an environment where you feel valued and driven to succeed, helping you tackle any challenges that arise.
Micromanagement stifles creativity and can make the workday stressful. When you feel monitored constantly, even coffee breaks can feel rushed. While some oversight is necessary, excessive control can lead to frustration rather than productivity. For optimal performance, success relies on striking the right balance between trust and flexibility. Employees thrive when given the freedom to work independently, as it allows them to express their creativity and innovate.
A great insurance company understands that continuous learning is key to success. They support their employees by funding attendance at seminars, conferences, and training sessions, or by bringing in expert coaches. When they are investing in your growth, they help you develop new skills and advance your career, making it easier to reach your professional goals.
The best employers actively seek out new tools and methods to enhance workflows. If a piece of software can simplify your tasks, why not adopt it? Companies that hesitate to embrace technology risk falling behind and can make daily tasks more challenging for their teams. A willingness to innovate not only improves efficiency but also keeps the work environment engaging and progressive.
Imagine you’re diving into the job search, perhaps already fielding interview invites. This is where everything truly begins, with each moment opening up new paths to discover. With so much information at your fingertips, your main goal is to look beyond the surface, uncover hidden insights, and determine if the company aligns with your expectations.
Let’s focus on key areas that reflect a company’s core: values, strategy, team dynamics, and operational practices:
Start with questions that reveal the essence of the company. This is where the chemistry for a fruitful relationship can ignite. Pay attention to your instincts and reactions. Here are some questions to consider:
This part gives you a peek into how the company thinks about its future and how well it can adapt to changes. It’s all about understanding their plans for growth and how they handle bumps in the road.
So, when you chat with potential employers, consider asking questions like:
Getting a sense of the team environment is really important for making sure you’ll fit in well. After all, while you may be joining a company, it’s often the leaders and your colleagues who shape your daily experience. You want to feel comfortable and supported, right?
Here are some questions to consider:
Let’s talk about how a company runs on a daily basis. Understanding the clarity of business processes, the structure of teams, and how departments work together is key. You want to know what to expect as you move through your role, as this knowledge can greatly impact your overall job satisfaction and effectiveness.
Sure, insurance tech recruiters and hiring managers might be a bit taken aback by all these questions. But it totally makes sense, especially when you’re talking to your future boss or a senior manager. You really want to connect with them, as they’ll be the ones helping you find your path in the company. Plus, asking the right questions shows you’re serious about making sure it’s a good fit for both sides.
Ready to make the most of your time, energy and tech expertise? Reach out to Strategic Recruiting Partner today. Let’s team up to find the right insurance company which can help turn your dreams into reality. Your perfect match is just a conversation away!