Deep Dive for Insights and Strategies

The data indicates salary premiums for those seeking to switch jobs is at the largest gap in years. This presents a unique opportunity for hiring managers to secure premier talent in the insurance and wealth management industries.

Candidates expecting a salary increase when switching jobs are often disappointed. Companies that expect top-tier talent to make a lateral move based solely on salary are struggling to fill positions. The wage increase for job switchers is at its lowest level in a decade. Instead of focusing only on base salary, particularly in insurance and wealth management, candidates should evaluate opportunities based on career growth, stability, total compensation, work environment, and skill development.

Overcoming Location Challenges to Secure Top Fiduciary Talent for a Leading Family Office Wealth Management Firm.

A swiftly growing Property & Casualty (P&C) insurance carrier sought to hire a senior-level Pricing Actuary. Given the company's young and dynamic nature, the ideal candidate needed to be not only technically proficient but also adaptable, open-minded, and capable of contributing to the development of a structured team environment. Further complicating the search was the decentralized nature of the team, spanning multiple geographies.

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Financial institutions need to adapt to overcome these challenges and implement innovative solutions to attract and retain top talent.

Executive recruitment is evolving at a breathtaking pace, driven by advances in technology, shifting workplace expectations, and a growing focus on diversity and inclusivity. In 2025, companies must adopt cutting-edge strategies to secure top leadership talent. From artificial intelligence to sustainability-focused recruitment, these trends are shaping the future of hiring. Let’s explore the most transformative innovations to watch, how they’re impacting recruitment practices, and what organizations can do to stay ahead.

As an executive search firm, we have seen firsthand that compensation plays a central role in ensuring your best finance talent remains committed for the long term. But beyond simply offering a competitive salary, a thoughtful, well-rounded compensation strategy can reinforce trust, promote professional growth, and foster loyalty.