How To Increase Your Chances Of Getting Hired During A Pandemic

17 June 2021

The COVID-19 pandemic has sparked many issues around the globe, one of the top ones being the lack of employment in Canada. The pandemic created some jobs due to the COVID screening and vaccine appointment setters required. However, the economy witnessed more job losses or reduced working hours since many businesses have shut down temporarily or forever.

Canada’s labor market has seen a surge in the unemployment rate. According to the Labour Force Survey, the unemployment rate rose 0.6 percentage points to 9.4% in January 2021, the highest rate since August 2020. Thousands of jobs were erased, reducing income for many households.

At a time like this, job seekers need to go the extra mile to get hired in a legal position since the competition may be very high. Here are some steps you can take to get your application noticed.

5 Strategies To Enhance Your Job Opportunity

The pandemic situation is always a tough time to find a new job. But if you are going to follow these strategies, you will find a suitable position for you.

Here are the five strategies you need to follow to boost your chances of getting a job.

1.Consult A Professional

If you have switched up your resume, applied to all the positions available, but you are still unemployed, you may need expert help. Talk to a group of legal recruiters in Toronto who have studied the market thoroughly. Since legal recruiters spend most of their time helping people fit the right job, they will know what steps to take to get you hired.

Legal recruiters will find you positions that best suit your qualifications, saving you the time and effort of applying to multiple job postings.

2.Tailor Each Cover Letter

You already know the drill. Editing each cover letter to fit the job requirements that you are applying to is essential. However, it is not enough to change a few words and edit the name of the company.

You must research each company you are applying for and focus on all the details. When the employer notices your attention to detail and interest in the company, your application will stand out among others.

3.Make Networking A Routine

Having connections helps you wherever you go, but it is particularly helpful during a job hunt during a pandemic. If you continue to make connections through your friends, family, or social media, more people will get to know you.

Once you share your skills with the potential link, they might think of you when a position at their firm opens up.

To network efficiently, brush up your LinkedIn profile and look for people to connect with on the platform. Make sure your profile is updated and outlines your skills.

4.Use Rejections As A Lesson

Don’t get demotivated if you aced an interview but did not hear back from the employer. There may also be instances where you do not get called for an interview. All of that is okay. Use those rejections as a lesson by analyzing each step during the pandemic time. If you had an interview, figure out alternative responses to the questions the recruiter asked you. Practice those new answers for next time.

If your application got rejected before the interview process, go through your resume, cover letter, and social media platforms. Switch things around and see if it makes any difference.

5.Boost Up Your New Skillset

You are experienced or a fresher; this strategy is always effective to deal with the pandemic situation. Pandemic is never bringing you a good glamorous memory. But this is high time to brush up on your existing skillset. The pandemic and the lockdown situation bring you more time to learn new things. Utilize this time more positively.

The new skill learning always delivers the more profitable outcomes. Now, most of the excellent training institutes are offering online courses. Do research some of the latest trendy skills and try to utilize this time more positively.

Wrapping It Up:

Getting a job during the pandemic can be challenging, but you must hold on tight and give it your best shot. Due to the status of the economy, your rejections are not a reflection of your lacking. However, it will not harm you to follow the steps above to get your application noticed.

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Best Paying Jobs In Property – Casualty Insurers

Considering the fact that millions across the world lost their jobs that paid them a hefty amount, people have been seeking jobs that would help them sustain themselves. And this is true across all fields of work. People have also searched for the best paying jobs in property-casualty insurers or similar fields. If you are someone who is looking for the answer to that topic, then you have come to the destination. So keep on reading this article till the end to learn more… What Are The Best Paying Jobs In Property - Casualty Insurers? In case you were searching for the best paying jobs in the line of property-casualty insurers, you have reached the right place. Well, you see, property-casualty insurers are responsible for protecting their clients or customers from incurring losses. That is the reason why many jobs are available in this field of line. And most of them pay a lot of money as a salary. Here are the top jobs with the best payments that you can get in this line of work: 1. Insurance Entrepreneur Estimated Salary: $95,000 – $105,000 If you are someone who wants to help people who are starting their own small ventures, then you can think about becoming an insurance entrepreneur. An insurance entrepreneur is someone who is associated with lather companies, and they help them create links and partnerships with smaller local companies. 2. Claim Examiners Estimated Salary: $60,000 – $75,000 The task of a claim examiner is to ensure that they review the claims that are made against any insurance policy. In that way, they are responsible for denying or approving claims. So, to pity it simply, claim examiners are responsible for examining claims and their validity. 3. Landlord Insurance Agent Estimated Salary: $80,000 – $95,000 Want to work with landlords and help them rent out their spaces? Then it might be a great idea for you to become a Landlord Insurance Agent. The task of these agents is to ensure that the interests of the landlords are protected at all costs. And thereby, they help the renters to minimize their losses. 4. Life Insurance Agent Estimated Salary: $75,000 – $95,000 This is one of the best paying jobs in the property-casualty insurers line. The task of the life insurance agent is not unknown. They are professionals who are responsible for selling policies that would insure their life. They can either work for an insurance company or be independent. 5. Property Casualty Agent Estimated Salary: $90,000 – $105,000 While the task of the life insurance agent is to insure the life of an individual, the task of the property Casualty Agent is to insure properties. The property can be of any type, from cars to homes and other personal property. 6. Claim Adjuster Estimated Salary: $100,000 – $120,000 The job of the claim adjuster is to assess the value that is associated with the claims. It is one of the most important as well as one of the highest paid jobs in the line of property-casualty insurers. They assess the amount and determine the exact compensation that has to be paid to the customer. 7. Insurance Broker Estimated Salary: $65,000 – $80,000 The job of the insurance broker is to help the clients to meet the right policy according to their needs. These brokers work with a number of clients, which can be individuals or businesses. And there is no doubt that it is one of the best paying jobs in property-casualty insurers. 8. Condo Insurance Agent Estimated Salary: $80,000 – $95,000 If there is something that many people do not know, then it is about the existence of the job of a condo insurance agent. The task of these insurers is simple and similar to that of other insurance agents. Their job is to sell the insurance policies to the customers who are willing to or are looking to insure their condos. 9. Financial Analyst Estimated Salary: $75,000 – $95,000 Several companies need Financial Analysts to help them make their business decisions rational and profitable. In addition, they analyze and advise the companies about what their next move should be. A financial analyst, in simple words, has the task of helping companies or businesses make money that will increase their profit. 10. Underwriter Estimated Salary: $80,000 – $100,000 The underwriter, also known as the insurance underwriter, is someone who evaluates the risks of investing. The main task of the underwriter is to fix the price of the investment that is going to be safe. And will also be able to minimize the loss. How Many Jobs Are There Due to the fact that they provide both individuals and businesses with a wide range of services, property-casualty insurers are crucial to the economy. They guard against mishaps and other losses for both people and property. Property and liability insurers employ a wide range of workers, from underwriters to claims adjusters. There are also a few positions in accounting and actuarial work. If your goal is to work in the insurance business, property and casualty insurers are an excellent place to start. Marketing Jobs for Property-Casualty Insurance Companies that provide property and liability insurance provide a variety of fascinating and demanding marketing roles. Companies that sell insurance to shield individuals and companies against monetary losses brought on by events like fires, theft, and auto accidents are known as property and casualty insurers. These insurance companies need to identify their target markets and develop messaging that resonate with them in order to effectively market their products. They also need to create effective plans for pricing and distribution. They must also monitor the actions of their rivals in order to stay ahead of the game. Executive Management Jobs Executive management positions in the property and casualty insurance sector supervise the various departments within the organization to assist it in achieving its objectives. This entails creating and carrying out plans, managing staff, and maintaining steady finances. The executive management team is typically composed of the CEO, COO, and CFO. They collaborate to ensure that the business is operating profitably and efficiently. It is the responsibility of the executive management to make difficult choices that could impact the company's future during times of crisis. Frequently Asked Questions (FAQs): Now that you have almost reached the end of the article, I would advise you to go through some of these questions that users frequently ask about best paying jobs in property-casualty insurers. You might want to go through these for better clarity. 1. How Are Property Casualty Insurers Different From Life Insurers? While life insurers aim to insure the life of an individual, the task of the property casualty insurer is to insure the properties. 2. How Do Insurance Companies Make A Profit? The only way in which insurance companies can make a profit is to ensure that they are able to market their policies in a much better way. These companies make a profit by investing in insurance premiums. 3. What Are The Risks That Cannot Be Insured? While most things in the world can be insured, there are many risks that cannot be insured. Some of them are:1. Natural disasters2. Pandemic3. Political risks4. Reputational issues Wrapping It Up! The task of property-casualty insurers is widely popular and very much in demand in this world. One of the main reasons for that to happen is because there is absolutely no one who would not want to protect their properties in case there is an accident. But what is not to most people is the fact that there are a lot of different types of jobs and roles in this field. In case you were searching for the answers to best paying jobs in property-casualty insurers, I hope that you found this article to be of help. In addition, if there are any other queries related to the same, feel free to write them down in the comment section below. Read Also: Is Precious Metals A Good Career Path? Is Capital Goods A Good Career Path? How Many Jobs Are Available In Real Estate Investment Trusts?

Supervisor Vs Manager: Similarities & Differences Between Them – 2021 Updated

The success of the firm depends on the employees and the ones to whom they are accountable, i.e., Managers and Supervisors. These are the two most important positions in an organization, but there are some differences between the two roles (Supervisor Vs Manager) and this we will discuss in this article. One of the most important tools that a leader can use is leadership communication and these leaders can add some layers to your company’s structure. Besides, when writing a job description, confusion arises about whether to hire a manager or a supervisor. So, now let’s proceed to know the key differences and similarities between them. Supervisors And Their Job Responsibilities - All You Need To Know A Supervisor is a leader who makes the decisions after it is approved or confirmed by the manager. In a company, if any issue or problem arises related to the employees or customers, then supervisors are the initial point of contact for the same. If the issue is serious and deserves high attention, then the supervisor presents it to the manager. Besides, the primary duty of a supervisor is to have a constant eye on the employees and analyze their performance & productivity in the workplace. The job responsibilities of a supervisor are described below. Have a look! Train new employees Analyze the productivity and performance of the employees Collecting and submitting performance reports to the department manager Maintaining and keeping track of personnel records and employee’s schedule Addressing inquiries and complaints from customers Training employees by giving them regular feedbacks Assisting employees in knowing their job responsibilities Creating deadlines and goals that match with the company’s plan. Managers And Their Job Responsibilities - All You Need To Know A manager is an individual in a high-level administrative who manages the resources of the organization and makes all the important decisions that affect all areas of business operations. They plan the desired amount that should be spent on resources, and they allocate the same to each department to reach their business objectives. Managers have the decision-making capabilities, and they manage the department as a whole. Some of the primary responsibilities of a manager are described below. Have a look! Communicating department information to employees through team meetings or one-on-one. Provides work schedules to employees Assigning tasks to employees and gives feedback to the employees constantly Evaluating employee performance and set goals for employees Organizing training and professional development opportunities for all employees Collaborating with the human resources department Organizing the firm’s management structure to streamline performance, communication, and workflow. Supervisor Vs Manager - Differences Between Them The key differences between managers and supervisors are their level of authority, salary, responsibilities, and objectives. Generally, managers are higher-level and higher-level leaders in an organization. They are responsible for team management, goal setting, and strategic planning. On the other hand, supervisors are closer to the day-to-day tasks of their teams, and they ensure that the manager’s goal (or company’s objectives) are achieved. Now, let’s get to know in detail. 1. Salary Those individuals who are in the managerial post have a higher salary than the supervisor. Keep in mind; managers have more duties or burdens than supervisors (If you compare Supervisor Vs Manager) because they manage the company as a whole, which is why their salary is high. 2. Objectives If you compare Supervisor Vs Manager, they both have different goals to meet. Supervisors coordinate with employees (have internal focus) and make sure that their work has been completed on time or not. Whereas managers have an external focus, they manage and represent the company as a whole. They make powerful plans and make sure it gives a good ROI. 3. Responsibilities Supervisors enhance the productivity of the employees and position their departments for success. They understand the duties of the employees in detail, and they report the same to the managers about their performance and productivity. Whereas managers meet with supervisors to understand the structure of the employees and their responsibilities. Managers oversee the budget and attend meetings for the same. 4. Level Of Authority There is no doubt that managers are the higher-ranking employees within the organization. A company can have many supervisors, and managers can promote the employee to become a supervisor. On the other hand, the level of authority of a supervisor is generally low as compared to managers. Supervisor Vs Manager - Similarities Between Them The job role of a manager and a supervisor can differ, but the responsibilities that they carry out are almost the same. It is because the main objective of both (supervisor and manager) is to meet the company’s objectives. Manager Vs Supervisor - With Comparison Chart If you compare Manager Vs Supervisor or Supervisor Vs Manager, there are some key similarities and differences between the two. So, to make your efforts easy, we have discussed this in a comparison chart below. Closing Thoughts The above information represents Supervisor Vs Manager job responsibilities in detail, and you must be aware of the same if you are willing to hire any for your own company. Besides, you can also describe your doubts, if you have any, in the comment section below. FAQ( Frequently Asked Questions) How Are Supervisors and managers are similar? Both the positions are supervisor and manager resemble the managerial position in the organization. Both are the sole embodiment of the strategic role in a company. What is the difference between manager and supervisor? Supervisory experience is internally focused while managerial experience is externally focussed. What is the difference between Supervisor and an assistant manager? The assistant manager does the hiring process and keeps you informed about it for the overall development in the organization. Work out the plans that can work well for you. More Resources: 3 Steps to Hire the Perfect Employee The Best Dissertation Service with Personal Manager 5 Major Tips to Increase Employee Engagement in a Call Centre Industry

Is Investment Bankers/Brokers/Service A Good Career Path?

Is investment bankers/brokers/service a good career path in 2023? How many jobs are available in investment bankers/brokers/service? What are the best paying jobs in investment bankers/brokers/service? Let’s discuss these queries in detail. Banking careers refer to any kind of position within a financial institution. For example, some of the top banking careers include bank administrators, trust and investment bankers, major banks, bank tellers, commercial banks, etc. Before considering banking as your career path, you need to understand all the pros and cons of this sector, and then you can pursue the same in the long run. Investment Bankers/Brokers/Service - All You Need To Know An investment banker is a person who works for a financial establishment and is essentially concerned with building capital for governments, corporations, and other entities. An investment broker is an institution or a person who conducts investment transactions on behalf of a client. These types of brokers work for a large brokerage firm. On the other hand, investment service is a general term used to describe the complete range of activities related to investments in financial instruments. This banking denotes a financial service that produces capital for organizations and individuals by counseling on marketing plans that can maximize their returns and reduce their risks. Moreover, investment bankers provide assistance for restructuring, acquisitions, and mergers. The best advantage of being an investment banker is that you get the opportunity to learn from big and real corporate transactions. Is Investment Bankers/Brokers/Service A Good Career Path In 2023? The answer to this question is an absolute Yes. Many individuals consider this as their career path just for the sake of money. This banking career attracts people who are: Interested in specific exit opportunity Interested in deals rather than simply following the market Solid in terms of reading and writing Extremely attentive to detail Competitive High achievers who are willing to work for long hours. Investment bankers/brokers/service can be a well-defined career path with high packages, offering life insurance, medical, and other benefits. These institutions also offer many opportunities for advancement, and many banks pay for talented employees. On the other hand, the banking sector is an excellent career path, but there are many disadvantages. One such con is serving the public which can, in turn, be an extremely stressful task. How Many Jobs Are Available In Investment Bankers/Brokers/Services? An investment banking career can be extremely demanding, with analysts working a hundred hours a week. Till 2028, the career is expected to grow by 4% and produce more than 18k job opportunities in the US. Now, let’s discuss the top paying jobs in investment bankers/brokers/service. 1. Financial Advisor Financial advisors get unlimited earning potential via incentives, pay structures, and commissions. You need to work closely with the clients and build genuine relationships to deliver purpose-based and personalized guidance that’s aligned with their values. At the same time, you need to achieve important monetary goals and meet individually with the clients to determine their financial assets, expenses, income, risk tolerance, and objectives. 2. Relationship Banker Relationship bankers should have experience in financial services and knowledge of the same industry. To get this job position, you need to have a bachelor’s degree or a business-relevant associate degree such as finance, business administration, and business management. At the same time, you must apply strong critical thinking and problem-solving skills to meet clients’ needs. You must also have the ability to learn and adapt to new information and technologies. 3. Capital Markets Capital markets consist of both debt and equity markets where the team advises the client on the most appropriate issuance, valuation, and appropriate time. This is one of the best paying jobs in investment bankers/brokers/service. They help companies develop the execution and origination of equity offerings such as convertible notes, follow-ons, IPOs. 4. Mergers And Acquisition Mergers and Acquisitions are responsible for servicing the client strategically and acting as an advisor in negotiations, structuring, and facilitating valuation. To get a role in this career path, you must have a minimum of 4-5 years of experience in financial services. This division is one of the top sources of revenue for investment bankers across the world. 5. Insurance Marketer Insurance Marketer specialists are responsible for creating, strategizing, and implementing marketing campaigns that support growth and business development. You also need to meet the designated sale quota by customizing the marketing plan in order to sell insurance goods to individuals or businesses on behalf of the insurance company. What Are The Best Paying Jobs In Investment Bankers/Brokers/Service? Now that you know what this sector is all about, You might be thinking about which job pays you the most in this area. Well, worry not, as I have you covered! Here are the jobs in this sector that pay you the best: 1. Investment Banker: Investment bankers play a crucial role in driving financial transactions within the capital markets. They offer expert financial advisory services and facilitate various transactions, including mergers, acquisitions, initial public offerings (IPOs), and debt and equity financings. These financial professionals meticulously analyze market trends, assess investment opportunities, and craft tailored financial strategies for their clients. Given the intricate nature of their work and the high level of expertise required, investment bankers often command substantial salaries, reflecting their pivotal role in propelling major financial transactions. 2. Stockbroker: Stockbrokers serve as intermediaries, bridging the gap between investors and financial markets. Their primary responsibility is to facilitate the buying and selling of securities, such as stocks, bonds, and mutual funds. In addition to executing trades, they offer valuable investment advice and adeptly manage portfolios on behalf of their clients. Leveraging their profound knowledge of financial markets, effective communication skills, and adeptness in navigating intricate investment strategies, stockbrokers often earn competitive salaries, which may include commissions tied to transaction volumes. 3. Wealth Manager/Private Banker: Wealth managers and private bankers cater specifically to high-net-worth individuals, delivering personalized financial counsel, meticulous portfolio management, and strategies to preserve and grow wealth. They embark on a comprehensive journey by analyzing clients' financial aspirations, assessing risk tolerance, and recommending tailored investment opportunities. The trust vested in their expertise and their ability to manage substantial assets is reflected in their attractive salaries, signifying the level of responsibility and specialized knowledge they bring to the table. 4. Financial Analyst: Financial analysts are the driving force behind in-depth research on companies, industries, and investment prospects. Their responsibilities include dissecting financial statements, scrutinizing market trends, and formulating investment recommendations grounded in their extensive findings. Armed with robust analytical skills, unwavering attention to detail, and the capacity to provide invaluable insights, financial analysts in investment banking and financial services often command competitive salaries for their prowess in evaluating investment prospects. 5. Compliance Officer: Compliance officers occupy a pivotal role in guaranteeing adherence to regulatory requirements and industry standards across investment banking, brokering, and financial services. They are instrumental in designing and implementing comprehensive compliance programs, conducting thorough risk assessments, and vigilantly monitoring internal processes. Their profound expertise in regulatory compliance and their ability to mitigate legal and reputational risks make compliance officers highly sought-after, with their salaries reflecting the critical role they play in upholding the integrity of financial services operations. 6. Hedge Fund Manager: Hedge fund managers shoulder the responsibility of steering investment portfolios on behalf of clients, often high net worth individuals or institutional investors. Their roles encompass the development of intricate investment strategies, analysis of market trends, and the formulation of investment decisions geared toward maximizing returns. Given the intricate nature of their work and the potential for substantial profits, hedge fund managers frequently earn significant salaries, which may include performance-based bonuses. The Final Verdict Is Investment Bankers/Brokers/Service A Good Career Path in 2023? I hope you have got an answer to your above question. Investment bankers are one of the great career paths that you can consider in the long run. Besides, let me know your doubts in the comment section below if you come across any. Read Also: Is Energy A Good Career Path? - A Detailed Guide A Beginners Guide to Listed Investment Companies Is Property Investment Still a Good Way to Make Money?

How To Increase Your Chances Of Getting Hired During A Pandemic