scott_d 3:10 Wed Jun 12
Career Change - Insurance to Banking ?
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After almost 20 years in the Insurance industry, a "friend" of mine is wondering if it's too late to make a change without sacrificing too much salary.
With a mortgage to pay for I... or he... can't really afford to take to much of a wage-cut but so is wondering if it's worth even exploring and if so, what sort of jobs would be a good place to start.
Main areas of expertise are operations, managing the processing and handling of premium and claims on binding authorities and lineslips and everything that goes with that side of the business including bordereau management.
Pretty bored of it all now, nothing changes, salary ticks over but not really enough to make up for the lack of excitement and any fun during the days at work so interested to see what options are out there.
Serious question but absolutely expect to get the usual level of abuse..
Ta.
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Replies - In Chronological Order ( Show Newest Messages First)
Gavros
3:12 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Ask a recruitment consultant would be my advice. I can WHOmail you a very well connected bloke.
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scott_d
3:14 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Cheers, Gav, please do.
I did speak to one recruitment agency but not much joy.
Also got a friend at a bank trying to get me in the back door but playing a waiting game at the moment and keen to tap on a few doors too.
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Mr Kenzo
3:14 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Banking requires a certain level of intelligence, which I don't think you have.
HTH
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scott_d
3:16 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Bollocks, I know a few bankers!
Unless you mean a level below my intelligence?! ;-)
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Gavros
3:22 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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You have WHOmail.
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scott_d
3:27 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Cheers Gav, much appreciated.
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Northern Sold
4:38 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Invest in Skunk....
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ornchurch ammer
4:43 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Pretty bored of it all now, nothing changes, salary ticks over but not really enough to make up for the lack of excitement and any fun during the days at work so interested to see what options are out there.
And what do you expect to be so different with Banking??
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Mr Kenzo
4:57 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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ASK THE MAN ON THE YEN DESK
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Grumpster
5:01 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Constant flow of people through here who are after a new challenge after a couple of years.
I mean let's have it right, unless your job is something like a sportsman or a porn star, it's pretty much nailed on that it's going to be shit and not exactly exciting.
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Jim79
5:17 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Banking is a broad term and you need to be a bit more specific. I work within Fixed Income front office trading/agency broking been working front office for almost 20yrs now but banking is such a diverse universe you need to have a bit more focus.
That said I can't honestly see you transferring form Insurance to Banking after 2 decades without having to suffer a pretty significant drop in salary. Sadly experience is key and you can justify much higher salaries based on that.
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Eggbert Nobacon
5:18 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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he;'s bored and thinks moving into banking will help? ROFLcopter
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zebthecat
5:20 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Could be worse, accountancy for instance or staying with insurance, an actuary.
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Manuel
5:29 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Insurance to Banking? You steady on there fellow, all that excitement might not be good for your health.
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lowermarshhammer
5:31 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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I worked in a life assurance office for a few months when I was 17.
...shudders at the memory...
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DocMarten
7:05 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Don't go anywhere near banking mate..terrible industry, being regulated to death now.
32+ yrs in the City. Looking to bail myself.
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Gavros
7:11 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Its been a fucking shit decade for banking to be frank.
Insurance meanwhile has grown massively.
That's what a war on terror, climate change and a financial crisis will do for you.
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Stubbo
7:14 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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Transition into some kind of Consultancy work for Insurance.
Pay will be better, more autonomy over what you do.
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Dwight Van Mann
7:29 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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become a stunt-man you boring cunt
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Mr. Burns
7:53 Wed Jun 12
Re: Career Change - Insurance to Banking ?
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You haven’t been sending dodgy emails about doughnuts have you?
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