Sun Life plans to boost workforce in Bermuda
Financial services firm Sun Life Financial International has indicated it plans to boost the size of its Bermuda workforce.
Dan Fishbein, president of Sun Life Financial International US, said the new offices in Washington Mall had space for more than 100 employees.
“We wouldn't have taken this space unless we planned on growing. We can fit at least 100 people in here — ultimately, we can't say we have a specific time frame, but we would like to grow our employment here over the next couple of years,” he told The Royal Gazette.
Mr Fishbein was speaking as the new 16,000 square feet office above the Church Street entrance to the mall was officially opened yesterday by Michael Dunkley, the Premier, and Bob Richards, the Finance Minister.
Mr Fishbein, who travelled to the island to attend the opening ceremony, said that the company now had 55 people in the island, up ten on two years ago.
“The business we are in is a growing business all over the world. As we expand the business, we will add staff here in Bermuda to support that,” he said.
The firm moved to its new premises from offices in nearby Victoria Street.
Niall O'Hare, vice-president and chief financial officer of the company, said: “There are several people on our team who have been with us for years, even decades.
“They have seen our office grow from a small group to 55 people in this great new space.”
He added: “This ribbon-cutting represents our commitment to continuing to grow our presence in Bermuda.
“It's an exciting moment for all of us and we look forward to more success from our new home here in Church Street.”
Mr O'Hare said the new offices incorporated green strategies, including high-efficiency climate control, LED lightning and recycled material, like soundproofing in walls made from recycled denim jeans.
Mr Fishbein added: “We know our people are our biggest asset and it's with them in mind that we moved to this newer, more modern, larger, headquarters.
“Being centrally located, having access to natural light, large windows, communal spaces and modern technology helps to create a positive and productive workplace for our team — and there's no more loyal or hardworking team than ours.”
Mr Fishbein added that the new office pioneered Sun Life Financial International's “BrightWork” philosophy, aimed at fostering collaboration and allowing employees flexibility to alter their work stations to suit their working style.
He explained: “While some people like peace and quiet, others feed off the energy of a busy workplace.
“The same is true for sitting or standing, laptop or desktop and other options. Everybody is different. We understand that and we designed this office space with that in mind and this kind of office setting gives everybody the opportunity to work in an environment that's best for them.”
Mr Fishbein added: “Furthermore, Bermuda is regarded as a leading international financial centre with a long history of stability.
“Bermuda as a jurisdiction leads the world in the adoption of financial transparency. Sun Life Financial International is very proud to be headquartered here.”