Bermuda Insurance & Reinsurance Jobs
Over the years, thousands of International Businesses mainly in form of insurance and reinsurance companies have set up operations in Bermuda. This is because there is no income tax or for that matter any direct tax in Bermuda except for very few. So Bermuda is literally a tax haven for both the businesses and the people working there.
Bermuda is also the world leader in Captive Insurance, where group companies have floated subsidiaries to cover their own risks. So given such a large base of insurance, reinsurance and captive insurance firms, it is obvious that there will be large job opportunities in this sector.
In fact Bermuda jobs in insurance and reinsurance sector
are the most coveted ones as they probably offer the highest pay across all the industries in Bermuda. In many cases the hiring companies offer fabulous packages with generous perks and allowances like completely subsidizing the house rent.
On the other hand, jobs in Bermuda insurance and reinsurance sectors require high level of qualifications, experience and credentials. Here are some of the commonly available jobs in Bermuda in insurance industry: Actuaries, underwriters, and brokers.
An Actuarial job will require membership of a recognized professional body (like Institute of Actuaries etc.). There are also job vacancies available for accountants, analysts, lawyers, IT and other support staff in insurance firms.
How to Apply for a job in Bermuda?
Employers in Bermuda advertise regularly in the local daily The Royal Gazette
. You can scan the online publications of the newspaper or check the Bermuda Recruitment Agencies
to find out who are the specialist hiring agencies for Bermuda employment and apply for a job.
1) Check Bermuda Employment
to know about all the job categories in Bermuda that offer high opportunities of employment.
2) Check Jobs in Bermuda
to know all about what it takes to get the right job in Bermuda.