The Journal The Authority on Global Business in Japan

Cameron McAllister, manager, Robert Walters IT Finance Team

Cameron McAllister, manager,
Robert Walters IT Finance Team

In an increasingly technology-driven world, financial institutions need to remain competitive by constantly upgrading applications and switching over from out-dated systems.

Many insurers in Tokyo, for example, are in the process of dealing with a large volume of system integration projects in response to a number of mergers and acquisitions in recent years.

These factors are creating a large number of jobs in IT, with hiring activity for project managers, business analysts, and solution architects in particular booming.

“Japan is a key market for many global firms, and within the insurance industry, there are currently hundreds of open IT roles, but skills shortages are making it difficult to fill these positions,” says Cameron McAllister, manager of the IT Finance Team at Robert Walters.

“A few years ago, there were comparatively fewer jobs available in the market. However, despite the current boom in available positions, the challenges of filling job requirements remain significant due to a limited pool of technically proficient bilingual talent.”

Constantly adapting to the ongoing changes in the market, the Robert Walters IT Finance Team pride themselves on the customized and consultative approach with which they assist clients in finding the best solutions for their hiring needs.

McAllister says companies need to be prepared to compete aggressively for the best talent, should they want to succeed in a challenging market.

“We have seen that those clients who remove rigid salary bands, are flexible with interview processes and language requirements, and are able to offer sign-on bonuses and other benefits, are the most successful in acquiring the talent necessary to compete effectively in a unique market, such as Tokyo.”