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Hiring Insights for the UK Financial Services Sector: July 2026

Posted August 11, 2026

Financial services recruitment is becoming increasingly selective throughout 2026, with employers focusing investment on specialist skills that support regulatory compliance, financial crime prevention, technology transformation and operational resilience. As organisations navigate evolving market conditions, hiring demand has become increasingly concentrated in areas where expertise remains difficult to source.

Across banking, insurance and FinTech, the latest data reveals a market that is not necessarily expanding uniformly, but instead reallocating recruitment activity towards functions that are strategically critical for growth and risk management. While some traditional areas have softened, others are experiencing significant increases in demand, creating new opportunities for both employers and candidates.

At Sanderson, we continually analyse market trends to help organisations make informed hiring decisions and stay ahead of changing talent demands.

That’s why we’re pleased to share our latest report, produced in partnership with VacancySoft, highlighting the key developments across the UK Financial Services market during July 2026.

Here’s a sneak peek at some of the key insights:

Specialist Skills Are Driving the Market

The overarching theme across financial services recruitment is clear: competition is increasingly focused on specialist capabilities rather than volume hiring with employers prioritising expertise in fraud prevention, financial crime, actuarial science, broking and claims.

Actuarial Talent Remains in High Demand

London’s actuarial recruitment market remains resilient, with vacancies increasing by 6% year-on-year.

Fraud & Financial Crime Hiring Continues to Grow

Risk and compliance recruitment across Northern England remains broadly consistent with last year, but the composition of demand is changing with fraud vacancies increasing by more than 20% year-on-year.

Broking Emerges as an Insurance Growth Area

While parts of the insurance market have experienced slower hiring activity, broking continues to buck the trend. We’ve seen specialist insurance broking vacancies increase by 19% during the first half of 2026 compared to the same period last year.

Claims Recruitment Gains Momentum

Claims hiring is showing encouraging signs of growth across the UK insurance sector with vacancy volumes strengthening significantly in both London and the North West.

If you’d like a more detailed overview of these trends, including the latest vacancy data, regional hiring insights and analysis of the most in-demand financial services skillsets, download the full report below.

Have any questions? Don’t hesitate to get in touch. We’re here to help you turn market insight into hiring success.

Download your copy of the July 2026 Financial Services Market Overview here

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Hiring Insights for the UK Financial Services Sector: June 2026

Posted July 9, 2026

Financial services recruitment continues to evolve throughout 2026, with organisations balancing technology investment, regulatory demands and changing operational priorities.

Across banking, insurance and FinTech, employers are now placing increasing emphasis on digital capability, cybersecurity and specialist risk expertise, while regional financial centres continue to attract significant investment and hiring activity.

Plus, while London remains the UK’s leading hub for specialist financial services talent, growth opportunities are becoming increasingly distributed across the country as organisations expand regional operations and seek access to wider talent pools.

But what do the latest hiring trends tell us about where the market is heading?

At Sanderson, we keep our finger on the pulse of the latest market movements so we can help you understand how these trends may impact your hiring strategy and where the opportunities may lie.

That’s why we’re pleased to share our latest Report, produced in partnership with VacancySoft, highlighting the key developments across the UK Financial Services market during June 2026.

Here’s a sneak peek at some of the key insights:

North West Banking Recruitment Continues to Outperform

Banking vacancies across the North West have consistently outpaced both 2024 and 2025 levels, highlighting the region’s growing appeal as a financial services hub.

Cybersecurity Demand Accelerates in Scotland

Demand for banking IT Security professionals in Scotland has risen sharply, driven by increased investment in cyber resilience and regulatory compliance.

Traditional Insurance Roles Remain Resilient

Despite ongoing digital transformation, vacancies across Broking, Claims and Underwriting remain significantly higher than last year.

Technology Hiring Surpasses Insurance Specialists

In London’s life insurance market, technology vacancies have now overtaken recruitment for traditional insurance roles as digital investment continues to grow.

Fraud Risk Talent in High Demand

Fraud Risk is one of the fastest-growing specialisms in Financial Services, with demand increasing by more than 20% year-on-year.

Competition for Technology Talent Intensifies

Financial services employers are offering increasingly competitive salaries to secure skilled professionals in software development, cybersecurity and digital transformation.

If you’d like a more detailed overview of these trends, including the latest market data, vacancy volumes and insights into the most in-demand roles across banking, insurance, risk and technology, then download the full Report below.

Have any questions? Don’t hesitate to get in touch, we’re here to help you turn insight into action.

Download your copy of the June Financial Services Hiring Trends Report here

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Hiring Insights for the UK Financial Services Sector: April 2026

Posted May 13, 2026

Insurance hiring has begun 2026 stronger than expected, with consistent growth across technology, security and transformation roles.

The market has even seen an acceleration in investment as regulatory pressure, geopolitical risk and AI adoption increasingly converge and we’re now looking at a market preparing for change as Insurers seem to be increasingly hiring for long-term structural change rather than short-term growth.

But how has this translated into the rest of financial services hiring?

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 April.

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

Insurance IT and AI Demand

Demand for insurance IT and AI professionals rose sharply through Q1, with March vacancy levels nearing record highs.

Rise in Cybersecurity and Operational Resilience

Cybersecurity recruitment has accelerated, with London accounting for over half of insurance IT security vacancies in Q1.

Insurance Hiring Strengthens

Hiring activity strengthened across the wider insurance market throughout Q1, with London seeing the most visible uplift. Increased claims complexity and continued investment in transformation capability are supporting demand.

Regional Shifts and Senior Hiring Trends

While London remains dominant, the North West has seen growing specialist hiring as middle office functions expand. Scotland also recorded increased executive hiring, reflecting a renewed focus on leadership.

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.

Download your copy of the April Financial Services Hiring Trends Report here

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UK Insurance Labour Market Trends: Year in Review Report

Posted March 10, 2026

The UK insurance sector is entering a period of structural transformation.

That’s why we’ve teamed up with VacancySoft to create this brand-new ‘UK Insurance Labour Market Trends: Year in Review Report’ to provide you with market-leading data into such a dynamic market.

With AI now a part of daily life across the industry, what was once innovation-led experimentation has become fully embedded across the insurance industry, meaning a defining challenge for many insurers will now be aligning technology investment with disciplined underwriting and sustainable profitability in this increasingly complex risk environment.

Get ahead of the curve by downloading your copy of the Report via the link below and arm yourself with data such as:

  • The most in-demand skills in the industry
  • A regional breakdown of the insurance recruitment market
  • Insight into companies to watch based on their current hiring practices

Have any further questions on the insurance market? Don’t hesitate to get in touch, the Sanderson team are here to help!

Download your copy of the Insurance Report here

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Actuary Spotlight Report

Posted October 22, 2025

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.

Download your copy here

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Product Owner Spotlight Report

Posted May 7, 2025

We’re pleased to present our brand new Monthly Spotlight Report focusing on Product Owners.

In this Report we deep-dive into the Product Owner market to provide you market-leading insights into everything from candidate location through to salary data to make sure your offer stands out in the crowd.

With our data showing a 2% nationwide increase in Product Owner headcount AND our hiring volume for this role going up by a whopping 50%, now is more important than ever to get a solid grasp on this market so you’re ready to make your next move.

We even lay out what a typical career path is for this role to give you an insight into what makes these candidates tick. Is it now more about the nature of the work vs a cutting edge tech stack?

Set yourself up for success by downloading your copy via the form below!

Download your copy of the Product Owner Spotlight Report here

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Data Engineer Spotlight Report

Posted February 10, 2025

Did you know that London is starting to lose Data Engineer talent to other UK markets like Manchester and Bristol, with 5 and 4% of the talent pool being based in these cities respectively.

In this new Monthly Spotlight Report we shine a light on the Data Engineer market to give you a better understanding of why companies may be looking to hire outside of the capital in order to reap cost saving benefits as well as what a typical Data Engineer career path looks like, plus laying out actionable data from Cardiff to Edinburgh on salary ranges, gender breakdowns and experience levels.

With demand for this role seeing growth of up to 30% last year, make sure you’re equipped with the best hiring data to get you ahead of the curve by downloading this new Report today.

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Java Developers: Monthly Spotlight Report

Posted October 28, 2024

Did you know that while 39% of the total Java Developer talent pool is based in London, there are other UK cities quickly gaining traction on establishing their own tech presence?

In this new Monthly Spotlight report we shine a light on this software engineering role and from Bristol to Glasgow take a deep dive into where this talent is based, typical salary ranges for the role and explore what a typical career path would be.

Do your salaries stack up to trends in your region? (Sneak peak: the gap is actually shortening between Northern and Southern salaries due to the rise of remote work…)