Hiring in the finance and insurance industries is highly competitive – and top talent is coveted by leading employers. At the same time, a growing pool of candidates vie for a limited number of positions in the “hidden job market” – those prime positions that typically never appear on online job boards or company websites.
According to industry experts, up to 80 percent of all job openings are not publicized, as employers attempt to weed out serious candidates from the countless number who submit resumes.
So, how do you get your name in the running for the job of your dreams?
Develop a solid career plan.
A career plan lets you evaluate where you are now and where you’d like to be in the short and long term. Here are some guidelines for building that plan:
- Evaluate your current situation. Make a list of your likes, dislikes and passions. Also, list your strengths and weaknesses. In the latter category, include whatever skills or qualities hold you back from your ideal job.
- Identify what you need to do to make your dream job a reality. What qualifications are you lacking? Do you need additional education, certifications or licensures?
- Establish a timeline. After listing those steps to success, punctuate each one with a deadline. Be realistic and not too hard on yourself, but always keep your eye on the prize.
Dig deep to find hidden opportunities.
Most resumes submitted via online job boards and other traditional venues never even reach an actual person. So you need to bypass conventional methods when seeking top-notch positions.
- Use the hiring manager’s name. Look for this information on biographies of key executives on company websites. Or, call and ask for the name and address of the current hiring manager.
- Localize your search. Rather than using general online job sites, do a Google search for more specific job boards that specialize in certain skills, regions or communities.
- Find a personal connection at your potential employer. For instance, find someone influential who shares your alma mater, belongs to your church or shares a similar community connection. In other words, use every possible opportunity to network. And then, network some more!
Work with a specialized agent.
By working with a recruiter who specializes in your industry, you become an “exclusive” candidate who is more valuable and attractive to hiring managers. In addition, recruiters have access to unpublished openings. Additional benefits include:
- Your recruiter is your confidential partner throughout your search process. There will be no risk of your current employer finding your resume on an online job board. And, your recruiter will guide you through resume development, job searching, interviewing, and salary and benefit negotiations.
- You’ll have access to your recruiter’s professional network. Niche recruiters have a vast list of contacts in specific career fields. In addition, they have seasoned relationships with HR and hiring managers: they know their personality, their company culture, and the specifics they are seeking in job candidates.
Having a career plan and working with a recruiter to execute it are key to realizing career success. To learn more or partner with one of our niche recruiters, contact Select Group, Inc. today!