A new survey by Sellick Partnership has revealed a notable shift in workplace preferences among actuarial professionals. With responses from over 700 industry professionals, the findings shed light on the growing demand for hybrid and remote work arrangements as a priority in job selection.
According to the report, more than half of respondents indicated they preferred working one or two days in the office each week, with 28% favouring two days and 26% opting for a single day. Fully remote work was also popular, with 20% of professionals expressing a desire for entirely virtual roles. In contrast, only 5% stated they wanted to return to a full five-day office schedule, underscoring a notable shift from traditional work models.
This shift reflects broader motivations among professionals. Many highlighted improved work-life balance as a key benefit, with 75% reporting that transitioning to hybrid or home working has positively impacted their work-life balance. Enhanced productivity was also cited, as many find remote setups conducive to focused, efficient work. Additionally, hybrid models were seen as promoting inclusivity by accommodating diverse needs and preferences.
Charlie Christian (pictured), manager and actuarial recruitment specialist at Sellick Partnership, emphasised the implications of the survey. “The results of this survey further confirm what we have been seeing in the actuarial market for some time now – candidates want flexibility. Offering flexible working conditions is no longer just a perk; it’s a key part of attracting and retaining the best talent. The actuarial profession is evolving, and organisations must evolve with it to remain competitive,” said Christian.
The survey also explored how employers in the actuarial sector are responding to the ongoing cost-of-living crisis and rising inflation. Of those surveyed, 62% said their employers had taken action to address these economic challenges. Most commonly, these measures included percentage pay increases, reported by 72% of respondents. Additionally, 38% received one-off payments, while 13% were offered non-financial advice or guidance.
Sellick Partnership, founded in 2002, is a professional services recruitment firm with offices across the United Kingdom and a team of more than 100 employees.
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