The Government of Bermuda notes concerns raised regarding recent updates to the Closed and Restricted Job Categories affecting certain entry-level positions within Bermuda’s insurance and reinsurance sector. The Government of Bermuda recognises its responsibility to protect job opportunities for Bermudians. Bermuda’s international business sector, including insurance and reinsurance, is critical to our economy. But its success must also create meaningful pathways for Bermudians, particularly young Bermudians seeking their first opportunity to establish a career.
The entry-level positions now included in the Closed Job Category are the types of roles through which many Bermudians have built successful careers in insurance, reinsurance, claims, underwriting and broking. Young Bermudians should have opportunities to begin their careers in these industries in their own country. These are not simply jobs. They are entry points into careers, and Government has a responsibility to ensure they remain accessible to Bermudians.
The policy targets identified entry-level positions. It does not prevent businesses from accessing genuinely specialised expertise where required. The Government will continue to consider legitimate operational circumstances within the established immigration framework, while ensuring that genuine entry-level opportunities remain available to Bermudians.
Bermuda can remain open to international business while ensuring Bermudians are positioned to participate in the opportunities that business creates. These objectives are not mutually exclusive. As the Minister of Economy and Labour, the Hon. Jason Hayward, JP, MP, stated: “Avenues for success must remain available for Bermudians, and employment opportunities such as these must remain accessible.”
The updated Closed and Restricted Job Categories took effect on 8 September 2026. The Government will continue to work with industry to protect opportunities for Bermudians while maintaining a competitive and successful international business sector.
