Banking & Insurance vacancies in Scotland rise by almost a quarter year-on-year

Banking & Insurance vacancies in Scotland rise by almost a quarter year-on-year

Demand for banking & insurance professionals in Scotland rose by 24 per cent year-on-year to June 2018, according to research from the Association of Professional Staffing Companies (APSCo).

The data, provided by recruitment software company, Innovantage, also reveals a notable increase in overall permanent vacancies, which rose by 11 per cent.

Moya Rylands, Regional Director at APSCo said: After months of progress, professional job availability in Scotland is continuing to rise. Leading this success is the country’s banking & insurance sector which is experiencing positive growth.”

“According to the latest research by TheCityUK, employment growth within Scottish financial services overtook London last year, with the number of people employed in the sector rising by 6.6% compared to the UK capital at 5% growth. With the report also highlighting Scotland’s particular strengths in banking and life insurance, it seems the country is making its mark on the financial sector across regional and national economies.”

“A boom in hiring activity within the sector, reinforces the region’s position as a leading financial services hub, with many companies either setting up base in the country or looking to do so in the near future.”

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