[2024 Women’s Forum] Samsung Fire & Marine Insurance Doubles Female Leadership Ratio in 3 Years... Gender-Blind Recruitment with Confidentiality

Gender Equality Index Award | Asia Economy Grand Prize in Women's Employment Stability Sector

Samsung Fire & Marine Insurance was recognized for increasing female employment by fairly providing career development opportunities to employees through the Career Design (in-house job challenge) system, receiving the Asia Economy Grand Prize (Female Employment Stability category) at the 9th Gender Equality Index Awards. Over two years, the proportion of female new hires increased from the 30% range to the 40% range, and over three years, the proportion of female leaders (executives and department heads) nearly doubled.

Jung Young-ho, General Manager (Executive Director) of the Public Relations Team at Samsung Fire & Marine Insurance, is taking a photo after receiving the Asia Economy Representative Award in the Women's Employment Stability category at the 9th Asia Gender Equality Index Awards Ceremony hosted by Asia Economy, held on the 30th at Lotte Hotel in Jung-gu, Seoul. Photo by Kang Jin-hyung

Samsung Fire & Marine Insurance conducted blind recruitment during the new employee hiring process. Information unrelated to job performance, such as gender, age, education, and residence, was kept confidential during evaluations. Interviewers were trained to avoid questions that could cause misunderstandings related to gender discrimination or privacy invasion, such as those about family, marital status, or physical conditions. The proportion of female new hires increased from 30.6% in 2021 to 43.6% last year, a 13 percentage point rise. The proportion of female leaders grew from 6% in 2021 to 11% this year, nearly doubling.

The key to increasing female new hires and leaders was providing fair opportunities to all employees during career management. The company implemented an in-house job posting system (Career Design system) to offer all employees opportunities for job transitions to develop their careers. This minimized career gaps or interruptions for women due to childbirth and childcare. The company operated personnel selection, placement (dispatch), and promotion systems without gender discrimination. When reviewing promotions, periods of childcare leave or maternity leave were included in the length of service to prevent disadvantages.

Samsung Fire & Marine Insurance established a system that prohibits extended, night, and holiday work for female employees registered as pregnant (either during pregnancy or within one year after childbirth) to prevent overtime work, and operated a shortened working hours system during pregnancy (2 hours per day). The company provided up to two years of childcare leave, including the legally mandated leave period. It also implemented infertility leave (up to 1 year, usable in up to 3 installments) and child care leave (up to 1 year for employees with children entering elementary school).

Since introducing the selective working hours system in 2019, the number of employees utilizing flexible working hours has increased. As of this month, 2,655 out of 5,463 eligible employees (48.6%) used the flexible working system. Employees were allowed to work flexibly outside the standard working hours (9 a.m. to 6 p.m.).

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