10/09/2018

Technology Firm To Create Over 250 Jobs In L'Derry

A technology firm is to create over 250 new jobs in L'Derry.

Alchemy Technology Services is establishing a European Centre of Excellence to provide software implementation and technology consultancy to the UK and European insurance sector.

A total of 256 new posts will be created which will generate over £6.5 million in annual salaries

Alastair Hamilton, CEO, Invest Northern Ireland said: "The Alchemy management team has extensive knowledge of the insurance sector and in delivering transformation projects. They have identified a gap in the market to provide a service to the insurance industry and believe Londonderry is the right place to find the talent to meet this need.

"Alchemy is planning to create the new roles in software implementation and technology consultancy over the next three years. The majority of the roles will be customer facing with the opportunity to work on projects right across Europe."

The government has offered nearly £2.3m of funding to support the creation of the new roles and secure the project for Northern Ireland.

John Harkin, Director and Founder, Alchemy said: "Insurance companies in the UK, and across Europe, are making an unprecedented investment in the digital transformation of their core systems and processes to respond to the changing demands within their marketplace. There is a real shortage of specialist skills to respond to this upsurge in digital transformation projects across the insurance industry. We plan to help meet that demand by bringing new talent into the industry.

"We look forward to working with the Department for the Economy's Assured Skills Training programme to recruit business and technology oriented graduates and college students with good communication and interpersonal skills to fill these customer facing roles."

(CD/CM)

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