Isle Of Man Insurance Jobs - How To Get One Firstly let me explain what sort of individual is required by the insurance sector to fill jobs in Isle of Man. Whilst traditionally they have little problem in finding qualified and part qualified accountants, with a proven track record in handling the requirements of offshore insurance clients (due to Isle of Man's long established community of accountancy professionals), they often struggle to locate skills insurance professionals locally. The individuals that are already present on the island are well known to all firms, well remunerated and rarely move between insurance jobs in Isle of Man. It is not a surprise they struggle locally to recruit experienced insurance professionals. There are couple of reasons for this. Firstly when in comparison with Isle of Man's well established legal and accounting sectors the insurance industry - particularly the specialized offshore insurance industries like captive management and protected cell company structures,Nike Free Run 3 Womens Mint Green, are relatively new to the offshore insurance sector. There simply isn't a large enough pool of settled insurance professionals to dip into. Second the facilities to train up insurance staff in Isle of Man, especially when compared to that which is given over to accountancy training in Isle of Man or the network the legal firms can make use of, is very small. Besides what training can be provided internally by the companies themselves the only external training for Isle of Man's insurance sector comes in the form of small, expensive one man band training consultancy operations. Professional insurance qualifications are just not available to study for locally.Where there is a particular shortage of expertise is for commercially aware,Nike Free TR Fit Mens, experienced (having a proven track record of around three years or more) in one of the specialized insurance sectors - offshore insurance professionals. Of particular interest to many in the Isle of Man insurance sector are those people who have worked for large insurance providers and reinsurance firms,Nike Free Run 5.0 Womens, not insurance brokers - this is due to the fact the nature of most Isle of Man insurance companies involves a client base outside of Isle of Man. Indeed, insurance managers who have in the past managed the insurance requirements of other corporate - in a captive facility or other insurance companies or financial companies as clients, are very much in demand. Coupled with this is an demand for experienced underwriters and underwriting professionals - particularly those who have worked in a heavily regulated EU environment. Think the UK, Ireland or Malta for example. If you can combine that sort of practical experience with an insurance qualification like the ACII, CII or even one of the specialized insurance certificates, all the better. Also of interest are individuals with exposure to Solvency 2 and handling these new demands. Many Isle of Man based insurance firms are expecting to have to ramp up their actuarial and risk departments. Whether the new demands will be met by the creation of new insurance jobs in Isle of Man or they are an opportunity for external consultancy practices remains to be seen. Finally insurance professionals who have the above experience and can combine them with language skills are always in demand. Usually this is a requirement for the main European ones, although it is a tantamount to the international nature of offshore insurance business that Far Eastern ones like Cantonese, Mandarin, Indonesian or Japanese have all been sought for before.It is far to say if you are involved in Captive insurance or the formation of protected cell structures or even working in a client facing role for a large insurance provider in one of the capital markets then there is potential for you to move to an offshore insurance jobs in Isle of Man.