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Key Senior Hiring Trends Within Global Insurance, May 2022

Welcome to our insurance senior hires trends update, featuring interactive charts and a deeper dive into selected hires and internal moves over the last month.

Welcome to our insurance senior hires trends update, featuring interactive charts and a deeper dive into selected hires and internal moves over the last month.

All our insurance sector hiring data covers senior level appointments, moves and promotions, sourced from TALNT, Sheffield Haworth’s proprietary AI-driven platform for tracking executive moves, which gathers and analyses data from 300+ reputable public sources around the globe.

Of the 94 senior global insurance moves tracked over the last month, the ones that received the most interest from our subscribers on TALNT were:

  • Sarah Maillet, who joined Zurich as its new CFO of commercial insurance. Maillet brings more than 20 years of finance expertise in the insurance industry and has significant management experience, having led teams across multiple jurisdictions. Most recently, she was CFO of Aviva Insurance, based in the UK. Prior to that, she held senior roles at AIG, including global commercial and Americas CFO.
  • Louisa Leonard, who has been appointed managing director of personal lines at RSA (subject to regulatory approval). Leonard was previously chief operating officer at the firm, and her move is part of what’s being described by the company as a senior leadership reshuffle that signal’s RSA’s “next chapter”. Leonard will replace surrent personal lines MD Kay Martin when she retires later this year.
  • Andrea García Beltrán, who has joined Willis Towers Watson as its new head of FINEX for Latin America. Beltrán has over 15 years’ experience in the insurance industry across the LatAm, EMEA, UK and international wholesale market. She was previously UK and international Head of Cyber at RSA, and will relocate to Latin America on taking up her new role.
  • Alex Harris, who has joined Carbon Underwriting as head of pricing. Harris joins the firm from HDI Global Specialty where he worked as a specialist Delegated Authority Pricing Actuary. Prior to this, he had worked at other insurers in the London Market including Chubb and Zurich. Harris’ appointment is the latest of several into the company, which is intent on rounding out its senior leadership experience and expertise.

Global senior insurance hires, May 2022

The following chart shows the overall trend in senior global insurance hires since January 2021. It shows that monthly appointments have been holding steady within a range of 74 – 99 since September last year:

Global senior insurance hires by sub sector, May 2021 – May 2022

Looking deeper at senior hiring trends by sub-sector, we can see that the number of appointments in the Non-life sector fell slightly compared with April, but has shown steady consistent numbers since the beginning of this year. Reinsurance has seen the least variation month-on-month, while Brokers/Intermediaries showed the lowest number of hires:

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Gender balance of senior global insurance hires, May 2022

Of the new senior appointments we tracked last month, the average global gender split was 20% women and 80% men, a larger gender imbalance than we saw in April. Looking at the regions shows that EMEA had the highest proportion of female appointments at 26%, while AsiaPAC saw the lowest at 9%:

Top 10 companies with the most new appointments in May 2022

Here are the global insurance businesses who made the most senior appointments in May, with Willis Towers Watson clearly leading the pack, as they also did in April (13 appointments this month, compared with 7 in April: