November 2025 marked another busy period in the UK Financial Services industry. We saw a market open with renewed activity across the insurance and banking landscape which reflected that the sector is adjusting to rising regulatory pressure, evolving risk profiles and rapid advances in the ever-present world of AI.

This period also saw a sharp rise in Actuarial hiring across the industry with the profession appearing to shift rather than diminish. But will the growth of machine learning signal the emergence of higher-value and more strategic roles within this function?

At Sanderson we always have our finger on the pulse of the latest changes in the market so that we can help you better understand how new trends might impact your hiring plans and then support you to turn these into opportunities when it comes to your financial services recruitment.

So, with that in mind, we’re pleased to have produced this new Report with VacancySoft that sums up the latest trends we’ve been seeing in the UK Financial Services market during November.

Have a sneak peek at some of the highlights below and scroll down to grab your copy!

London Market Trend Highlights

• Credit risk recruitment is accelerating rapidly with volumes on track to rise by 117% year on year.
• Vacancies in the London insurance sector rose by 15.1% month on month by mid-November supported by stronger underwriting conditions.
• IT management is a standout growth area with hiring volumes on track to rise by about 20% year on year.

Scotland Market Trend Highlights

• There are mounting cybersecurity pressures as financial institutions increase their reliance on cloud platforms, hybrid IT frameworks and digital services.
• Cybersecurity professionals are remaining in high demand and competition for this talent is continuing to push compensation upwards across the Scottish market.
• Regulatory frameworks such as GDPR and NIS2 are reinforcing the requirements across firms in the industry for stronger incident reporting and security governance.

North West Market Trend Highlights

• There was sustained growth across the financial services sector in the North, particularly in fintech and insurance.
• Fintech remains the regions standout success story with vacancies here on track to be 55% higher than last year.
• The insurance sector in the North continues to strengthen with vacancies rising by 7% month on month.

If you would like a more detailed overview of these trends, including the latest market data, monthly vacancy totals and insight into the top job roles by sector, then please do download a copy of the full Report via the form below.

Have any further questions? Don’t hesitate to get in touch with us, we’re well placed to help.

Sanderson is delighted to announce that we have been awarded the Fast Payer Award for 2025 from Good Business Pays CIC.

We are thrilled to be awarded this prestigious award, and even more proud to have earned this for the 4^th year in a row.

The accreditation means that we are in the top 10% of large companies that have consistently paid their suppliers in 27 days or less, demonstrating our commitment to our business values and our communities.

Commenting on this achievement, our CEO Jon Ball said:

“Sanderson is proud to be leading the way as a large UK company helping to ensure our suppliers are paid on time. This not only demonstrates our commitment to our communities, but also to our financial stability in what has been a challenging few years in the market. To be recognised for doing this consistently and year after year is a fantastic achievement.”

On Wednesday 7^th January Sanderson will also be pleased to attend the Good Business Pays Awards Ceremony in London at the House of Lords to receive our award in person.

You can find out more about the awards here: https://goodbusinesspays.com/fast-payer-awards-2025/

October 2025 marked a decisive period for hiring across the UK financial services sector, with regional and functional trends revealing how digital transformation, regulation, and geopolitics continue to reshape workforce priorities.

From London’s insurers to Scotland’s fintech ecosystem and the North West’s risk and compliance hubs, recruitment momentum is shifting towards technical, data-driven and regulatory disciplines that underpin the sector’s long-term stability.

Then looking ahead, will the interplay between regulation, AI adoption and geopolitical risk continue to drive recruitment patterns into 2026?

Well here at Sanderson, we always have our finger on the pulse of the latest changes in the market so that we can help you better understand how new trends might impact your hiring plans and then support you to turn these into opportunities when it comes to your financial services recruitment.

So, with that in mind, we’re pleased to have produced this new Report with VacancySoft that sums up the latest trends we’ve been seeing in the UK Financial Services market during October.

Have a sneak peek at some of the highlights below and scroll down to grab your copy!

London Market Trend Highlights

• IT vacancies have risen 11% year on year reflecting renewed investment in digital transformation.
• Insurers are prioritising digital resilience, automation and data-centric decision making rather than cyclical hiring.
• IT management roles encompassing change, projects and transformation have overtaken traditional broking vacancies for the first time with IT security vacancies projected to be 20.9% higher than 2024.

North West Market Trend Highlights

• Hiring has gathered significant pace banking.
• Demand for credit risk specialists is spiking with vacancies here now 42% above 2024 levels.
• Operational roles have risen by 21% during the first 9 months of 2025 with financial crime vacancies already exceeding last years total.

Scotland Market Trend Highlights

• Fintech hiring has accelerated dramatically with vacancies already 84.8% higher than 2024.
• Banking is accounting for around 75-80% of Scotland’s total financial services vacancies.
• Total fintech vacancies in Scotland are up 50% year on year, with the country’s share of UK fintech hiring rising from 2.7% in 2023 to 4.4% in 2025.

If you would like a more detailed overview of these trends, including the latest market data, monthly vacancy totals and insight into the top job roles by sector, then please do download a copy of the full Report via the form below.

Have any further questions? Don’t hesitate to get in touch with us, we’re well placed to help.

In case you missed it, we recently launched a new Spotlight Report focusing in on the world of Actuaries.

With Actuary talent in the financial services industry experiencing steady growth over the last 12 months (a 3% rise compared to the previous year according to data from LinkedIn), this is clearly a job role that is only going to remain in high demand.

But will Actuary career paths start feeling the effects of factors like artificial intelligence (AI), or even the rapid expansion of the UK Bulk Purchase Annuity (BPA) market?

In this short blog we’ll get stuck into what a typical Actuary career path looks like and discuss the potential impacts of AI and BPA on this role.

Let’s get stuck in!

What does a typical career path look like for an Actuary?

When it comes to career paths, these can vary between sectors. Most Actuaries start their careers straight out of university, and normally have a strong background in maths, statistics or finance. In their first graduate jobs they’ll be spending time getting stuck in with training and undertaking the Institute and Faculty of Actuaries (IFoA) exams, before moving into more independent analyst type positions.

With Actuaries, career progression is very much tied to the completion of the IFoA exams, which can take up to 8 years to fully pass all the stages. Once fully qualified, many Actuaries tend to follow a more specialist track and move into areas within the financial services industry like pensions, general insurance, investments or risk management.

Does the rise of BPA shape what Actuaries specialise in?

The UK BPA (Bulk Purchase Annuity) Market is currently going through a rapid expansion, alongside regulatory developments like the Solvency UK reforms. And this is impacting Actuarial recruitment across key sectors like the life insurance sector and may even be shaping what an Actuarial candidate decides to specialise in as they travel along their career paths.

For example, our data is showing that demand is the strongest for an Actuary candidate (qualified or mid-career) that has BPA experience in areas like pricing, transaction support, longevity risk modelling and capital optimisation with employers increasingly seeking candidates who can combine traditional technical skills with data science and digital capability.

So, with this evolution of demand, we might expect Actuary candidates to seek out specific experience on their road to qualification to ensure they stand out from the crowd with their ability to support BPA transactions.

What impact will AI have on an Actuary career path?

Our Horsefly Analytics research is suggesting that on an ‘AI Impact Scale’, Actuarial roles have a score of 49, meaning this is a role that’s set to be “moderately” affected by AI.

While the rise of artificial intelligence brings with it opportunities to move some tasks over to automation, it is certainly not set to replace the traditional Actuary.

Instead, it’s set to transform the profession and prompt the need for Actuaries on their road to qualification to upskill themselves in data science and AI technologies, which they may not previously have considered.

Looking to find out more?

If you’re interested in finding out more about the Actuary market, and want to dive a little deeper into these career path trends and how they may align to your talent strategies, then why not check out our full Report which is chockers full of market-leading salary data and industry trends. Just fill out the short form below.

If you have any further questions on this topic or are looking for a bit of help in expanding your team then please do get in touch with George Mohan on [email protected]

If you’re in the market to deliver real business value from your contingent workforce and are exploring the world of Managed Service Programmes (MSPs), you might be looking for a resource to help guide you through the process and to answer any questions on if this is the solution for you?

We hear you!

We recently sat down with Sanderson client Karl Whelpdale, a Strategic Procurement Lead with over 30 years’ experience in external workforce management and delivery of global MSP and contractor solutions to get his insights into first-time MSP deployment, why an MSP could be a good option to manage your contractors and advice on starting an MSP journey of your own.

Let’s dive in…

What challenges might arise if you’re managing a contingent workforce without an MSP?

Without an MSP in place, organisations may struggle with fragmented processes and limited visibility on their contractor population. You might face issues like different departments using their own suppliers, inconsistent rates, poor compliance and even a risk around IR35. Not to mention onboarding delays, a significant manual effort for HR, Finance, and Procurement and then ultimately find it difficult to control costs, manage risk, or plan strategically thanks to the lack of a unified solution.

What might trigger a business to consider implementing an MSP for the first time?

Typically, this can be a combination of pain points. Think spiralling contractor costs, audit or compliance issues, and overworked internal teams. Or sometimes it’s as simple as needing access to talent at speed, especially in competitive markets. A well-designed MSP can introduce the control, transparency and agility that’s needed when you want to scale your business.

What are the key stages in successfully deploying an MSP?

You can break this down into four simple steps. First up, start with discovery. Understand the current state of your contingent workforce, map your stakeholders and gather data. Secondly, look at design. Define what success looks like to your business, choose your supplier model and build a governance framework. Thirdly, build and test. Look at how you can integrate systems, train users and prepare for go-live. And fourth and finally you’re at post-launch. Here it’s all about adoption and continuous improvement based on metrics and feedback.

What should you consider when selecting an MSP partner?

As well as having experience in delivering first-generation Managed Service Programmes, other key factors to consider in a talent partner are: a supplier who understands your business culture and industry, someone who’s happy to introduce you to current clients and invite you to meet their teams, whether the provider can offer the level of support you require and if the provider has the tech stacks you’re hoping to use.

Why is stakeholder engagement critical for MSP success?

Stakeholder engagement is critical for a smooth MSP implementation process. If you have early and ongoing buy-in from teams like HR, Legal, Finance (and especially your Hiring Managers) and you ensure they all understand “why” an MSP is critical for your business operations, you’re going to experience a far smoother implementation process.

What makes a first-time MSP deployment uniquely challenging?

When you’re starting from scratch it can be overwhelming when faced with no baseline data or established processes, let alone trying to piece together a raft of legacy suppliers. But if you set your expectations early and formulate a structured roll out plan, you’ll be on your way to smoothly deploying your first MSP with ease.

How can you measure the success of your MSP programme?

To effectively measure the success of your MSP programme, start with leading indicators like time-to-fill, shortlist ratios, and hiring manager satisfaction. Then move on to things like cost savings, compliance rates, tenure of contractors, and redeployment levels. Remember that success isn’t just about cost, it’s about quality, control, and speed to productivity.

What are the long-term benefits of implementing an MSP properly?

A properly implemented MSP will bring with it a whole range of benefits. From gaining full visibility and control of your external workforce, to reducing your risk, increasing your agility and positioning your business to being able to quickly adapt to market changes. You’ll also find that your organisation becomes more strategic, not just reactive as you’ll have built yourself a foundation for total talent strategies and the blending of your permanent, temporary and freelance workers.

Ready to get started? 

Sanderson are specialists in MSP deployment, so please do reach out to Karen Alexander, Sanderson Solutions Managing Director or contact our expert team if you would like a discussion around your MSP ambitions.

We’ve also created a video guide 

To help bring the world of MSP deployment to life, we’ve created an exclusive video guide so you can explore the practice of MSP in action.

Click here to watch the videos.

Since its launch in 2020, the Strive Internship Programme has opened doors for over 130 young people from underrepresented backgrounds, connecting them with meaningful opportunities across 35+ organisations in the South West. Now under the leadership of Sanderson, Strive is more than just a summer internship — it’s a movement for equity, inclusion, and real-world impact.

Why Strive Matters

Strive isn’t just about work experience. It’s about belonging, mentorship, and representation. It’s about helping young people see their potential — and giving employers the chance to discover untapped talent that can transform their teams and culture.

This year, we’re celebrating the success of Strive 2025 and looking ahead to an even bigger 2026. And we want you to be part of it.

You’re Invited: Strive 2026 Launch Event

📍 Ashton Gate, Bristol
📅Wednesday 21st January 2026
🍸 Drinks, canapés, and inspiring conversations

Join us for an evening of connection and inspiration. Hear from past interns and employers, meet Bristol Bears special guest Gabriel Ibitoye and explore how your organisation can get involved.

Register your interest here

What You’ll Take Away

Our panel will explore powerful questions like:

• What does opportunity really mean?
• How does mentorship unlock potential?
• Why does representation matter in the workplace?
• What barriers still exist — and how can we break them down?

Expect some inspiring stories you can take back to your organisation.

Let’s Build a More Inclusive Future — Together

Strive is your chance to be part of something bigger; to invest in the next generation and to create a workplace where everyone feels they belong.

We’re pleased to present our latest Monthly Spotlight Report focusing on Actuaries.

In this Report we take a deep dive into the Actuary market to provide you marketing-leading insights into everything from talent distribution, to salaries by location and even typical Actuary career paths – helping ensure your offer stands out in the crowd.

With our data showing a 3% growth of this talent pool across the UK over the last 12 months and regional hubs like Bristol, Leeds and Cardiff outpacing the capital in terms of candidate growth rate (we’re talking a 9% annual increase vs just 3% in London…!), now is more important than ever to get a solid grasp on this market so you’re ready to reach your talent goals.

The Report even explores the impact of AI on actuarial roles of the future and lays out how the rapid expansion of the UK Bulk Purchase Annuity (BPA) market is shaping actuarial recruitment across the financial services sector.

Is your headcount ready to bridge the gap between traditional actuarial practices and new technologies?

Find out more and set yourself up for success by downloading your own copy via the link below.

On Wednesday 15th October 2025 Sanderson’s Recruitment Services Managing Director Will Boney and Head of Operations & Organisational Change Anna Kramer sat down with PayStream CEO Tony Hodkinson to deliver a webinar discussing the upcoming tax legislation changes that are set to have an impact on many umbrella companies and across the whole recruitment industry.

Will, Karen and Tony chatted about what these changes mean and when they are due to come into force, how it affects you, and what we are doing here at Sanderson to ensure we’re compliant across the supply chain.

If you missed this webinar, you can still listen to the full recording where we cover the discussion points below, along with practical tips for businesses to navigate this period of change.

Watch the full recording of the Umbrella Reform Webinar here

The webinar covered key discussion points like:

• A clear overview of the tax legislation changes, including joint and several liability due in April 2026
• The impact of the Employment Rights Bill due in April 2027
• How this new legislation impacts you and how you can prepare for the change
• How you can protect yourself from liability and carry out appropriate due diligence, including insight into PaySteam’s own 6-Point Compliance Plan
• Exactly what we at Sanderson are doing to ensure compliance across the supply chain and to keep a smooth process for our clients and contractors
• An informative Q&A session with live and burning questions from attendees

Are you reviewing how your organisation currently manages your permanent hiring?

Do you like the sound of a full-service recruitment solution that takes accountability for your entire permanent hiring process?

An Enterprise RPO could be the solution for you!

Helping you with anything from:

• Providing more flexibility so you can easily respond to surges in hiring demand
• Reducing the administrative burden on your internal resources
• Getting access to the best talent on the market
• Supporting your employer branding and workforce succession planning

In our BRAND-NEW GUIDE we provide step by step information on how an Enterprise RPO could optimise how you approach permanent hiring, lay out exactly what it is, what the benefits are and how you can get started with a solution of your own.

You may have heard about the upcoming 2026 tax legislation changes that are set to have an impact on many umbrella companies and across the whole recruitment industry.

Please join us on a webinar where Sanderson and Paystream will share more about what these changes mean, how it affects you, and what we are doing here at Sanderson to ensure we’re compliant across the supply chain.

The webinar will provide:

• A clear overview of the tax legislation changes, including joint and several liability
• How this new legislation impacts you and how you can prepare for the change
• What we at Sanderson are doing to ensure compliance across the supply chain
• A dedicated Q&A session to answer your questions.

You’ll be hearing from Presenters: Tony Hodkinson (COO at Paystream), Will Boney (Recruitment Services Managing Director at Sanderson) and Anna Kramer (Head of Operations & Organisational Change at Sanderson)

The Details

• Date: Wednesday 15th October 2025
• Time: 12pm -12:45pm
• Location: Webinar via Microsoft Teams

Please click here to register your place.