Credit Industry Hiring

Posted

The US credit market saw a large shift in the leaders of the financial industry in 2015. The GE Capital conglomerate announced the sale or spin off of their Retail Credit, Healthcare Financial and Mortgage Portfolio divisions. The fate of their commercial finance division remains to be seen. Large European banks like RBS, Barclays and… Read more »

Data Science Trends 2015 to 2016

Posted

Never before has business analytics led worldwide discussion as it did in 2015. Data Science and the amount and depth of data being analyzed captured interest from Wall Street to John Q Public’s concern about privacy. Here are some of the trends we saw in 2015 and how they will impact hiring in 2016. The… Read more »

Why Are There So Many IT Contractors?

Posted

There is a perception that employers use contractors to avoid the cost of benefits and employer side taxes. Contractors have less job security and no employer provided training. Employers are “taking advantage” of individuals in contractor positions. A study done for the Academy of Management on IT contractors came to a much different conclusion. The… Read more »

Are Actuaries the Data Scientists of the Future?

Posted

To truly be Data Scientists other industries require marketing and business statisticians to broaden their software skills beyond SAS and R to Hive and Python. We are starting to see the insurance industry ask more of their actuarial hires in their software and database skills. Historically, actuaries haven’t had the need for sophisticated programming skills…. Read more »

Predictive Modeling Contest!

Posted

      The Analytic Community of the Direct Marketing Association is putting on a predictive modeling challenge (i.e. contest) for all of you statisticians, data scientists and business analytic’s professionals interested in a test with your peers.     Here is their invitation: What model will best predict the likelihood of new customers making… Read more »

Savvy Actuaries Embrace Predictive Modeling

Posted

Stuart Rose, Global Insurance Marketing Director at SAS, said insurance companies can increase profits by utilizing analytics across five business areas: Actuarial, Claims, Customer, Channel and Risk. Actuarial The Society of Actuaries has recently posted a number of interesting articles on the use of predictive modeling in life underwriting and quantifying mortality risk. Towers Watson… Read more »

Do’s and Don’ts for the “Tell Me About Yourself” Interview Question

Posted

Lee Miller, Adjunct Professor at Columbia University, says, “Rather than dread this question, a well-prepared candidate should welcome this inquiry. Properly answered, this question puts the candidate in the driver’s seat. It gives her an opportunity to sell herself. It allows her to set the tone and direction for the rest of the interview.” Do’s… Read more »

Is All This Snow a Legitimate Excuse to MISS an Interview?!

Posted

With the relentless snow and ice storms hitting huge swaths of the country this winter, it pays to be prepared if you need to cancel your interview. Here is a checklist to follow for weather or other emergencies that may come up when conducting a job hunt: 1. When working through a recruiter, have their… Read more »

4 Hiring Practices to NOT Waste Your Company’s Money

Posted

talent shortage

    An Indeed study found that 33% of the job vacancies in the U.S. remain open for more than three months.  The cost of these unfilled jobs is estimated at $160 billion a year.  What can you do to avoid this cost and attract the best people through your hiring processes?      … Read more »

Three Bad Interviewers and How To Deal With Them

Posted

Interview 101

It’s surprising how difficult the interview process can be. We always counsel our candidates and clients to strive for a dialogue in your interview versus a question and answer session. This is not always possible when your interviewer is inexperienced, nervous or just in a bad mood. Here are some suggestions for dealing with poor… Read more »