Seguros y pensiones para todos

The insurance sector is looking for technology specialists

The insurance sector is looking for technology specialists

Home > Blog > The insurance sector is looking for technology specialists

06.Jul.2023

They are looking for programmers to develop the Internet of Things, experts in digital marketing, specialists in big data, IT, the cloud, and software, as well as data analysts, cybersecurity and UX/UI experts, and people who can act as intermediaries between the business and technical departments... Although this job offer may seem to be that of a company in the technology field, the truth is that these are the skills most in demand for today's insurance companies.

Deep digitalization

The reason behind this is the profound digital transformation of the insurance sector, a phenomenon that began years ago and which the pandemic accelerated. Digital companies are seeking to improve the connectivity, automation and operational optimization of their processes. One of the insurance sector’s priorities is to promote omnichannel and digitalization in terms of gaining clients and customer relations. In short, insurance companies are opting for technologies that support people and provide the innovative solutions that allow them to offer the end customer greater personalization of the service to give them the cover they really need.

Beyond this goal of offering users a better experience, cybersecurity has also become an important area of action for insurance companies, which require specially prepared profiles.  In fact, experts believe that today it is more likely for a small business to suffer a cyberattack than a robbery, a fire or a flood. Hackers know that SMEs are the most vulnerable. Simply having a smartphone on which you keep information related to the business, clients, accounts, suppliers etc. is enough… this is usually the main entry point for computer viruses, unauthorized access, fraud, system blocking, virtual kidnaps, data publication and more.

Cybersecurity

As a result, cybersecurity experts are also finding an important source of employment in the insurance sector. Especially because the insurance companies intervene from the very first moment by providing policyholders with an expert IT service to solve incidents (accessing systems, recovering data, removing malicious software, etc.), as well as implementing legal and judicial strategies to minimize any damage.

From the point of view of the insurance companies’ own internal management, it should not be forgotten that insurance is an activity that lives off its customers’ data. Few sectors, therefore, consume more IT and technological resources than insurance, which forces it to be very attentive to any vulnerabilities that may be present in its systems.

You may also like…

Cognitive biases that condition what you buy and how you invest

Cognitive biases that condition what you buy and how you invest

What are cognitive biases? Cognitive biases are mental shortcuts in our brain when we receive and process information so that we can make a decision and act accordingly. They are like automatic brain responses based on years of evolution designed to help us act...

How to make the most of your cash

How to make the most of your cash

And the fact is that, with high inflation rates, your emergency fund savings lose their value month by month. In other words, this money is worth less over time as the cost of living rises. Is there anything that can be done? To begin with, do not lose sight of the...

What should you do with your savings in a recession?

What should you do with your savings in a recession?

However, the actual fall in the Eurozone was 0.1% in both the last quarter of 2022 and the first quarter of 2023, closer to zero growth than to a sharp economic contraction. In Spain, the GDP has not fallen since the first quarter of 2022, but the fact that the German...

The power of automating your finances and certain habits

The power of automating your finances and certain habits

It's like a vicious circle that prevents you from moving forward. The reason for this is very simple: they are processes that depend on your willpower. Even when you build the right habits, it's easy to have slip-ups that undermine your confidence and make you feel...

Should you sell your investments to pay off your debts?

Should you sell your investments to pay off your debts?

The truth is that there is no one-size-fits-all answer. The most appropriate solution will depend on both the type of debt and your investment profile, which will determine to a certain extent the returns you can achieve with your investments. Safe profit vs....

Why is everyone talking about Treasury Bills?

Why is everyone talking about Treasury Bills?

The reason for this Treasury Bill frenzy involves a combination of factors. On the one hand is the rise in interest rates by the European Central Bank (ECB) to combat inflation, which caused the yield on public debt to rise to levels that became attractive to savers....