Insurance Articles
Trend increase in Life Insurance sales
Posted by admin - 20/04/09 at 03:04:21 pmBelieve it or not, there is a sector of financial services which is generating more job opportunities than before the financial crisis. The life insurance industry has hit the hiring button as a recession-weary public seek to safeguard their wealth.
Life insurance sales in Australia jumped nearly 6% in Q4 2008, according to preliminary figures from research house Plan for Life. And an Australian insurer reports a 25% rise in its sales for Q1 2009, compared to Q1 last year.
And with more policies being sold, more jobs are being created. “There’s been a 100% increase in available roles compared to this time last year. This uptake really began in Q4 of 2008 and it’s been mainly growth hires,” says Sarah Wapling, a practice leader at Link Recruitment.
Australians are feeling the need to insure their wealth given the current economic environment. This has resulted in an increase of life insurance sales.
Source: www.efinancialcareers.com.au 20 April 2009
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