The firm already employs more than 1,000 on the island, and has a global reach, providing everything from financial services to office administration.
The announcement was made yesterday at the opening of the company’s new Dublin office at Grand Canal Square, by Michael Noonan, the finance minister.
While some of the 800 jobs will represent the existing staff of acquired businesses, most will be new, according to Robbie Hughes, Capita’s manager in Ireland.
“We are in the process of doubling the size of our business in Ireland” he told the Irish Examiner.
“Some of that will mean transferring employees from acquired businesses but the remainder will represent organic growth. While it is very difficult to tell exactly what the proportion will be, this represents a major investment in the Irish economy.”
He said most of the 800 jobs will be well paid, with recruitment concentrating on graduate professionals.
“In the region of 70% will have a professional qualification. We will be looking for a range of skill sets, particularly in the banking sector loan administration business which is a major growth area.
“We will not be outsourcing our activities to other countries and the majority of these jobs will be high value.”
Mr Hughes said the investment represents Capita’s confidence in Ireland as a place to do business. The new office will allow the company consolidate a number of business units in one location, as well as providing room for future growth.
“I have tremendous faith in the staff and the quality of the pool of talent available in Ireland. Despite the denting of our international reputation, I believe we have turned the corner and that it is recognised that Ireland is still a good place to do business.”
Mr Noonan said the jobs announcement highlighted “the progress that is being made in restoring confidence and attracting investment and jobs into Ireland”.
“I would like to wish Robbie Hughes and all his team every success in the years ahead as Capita continues to grow and prosper in Ireland.”
Capita provides a wide range of services to clients across the public and private sectors in Ireland, including asset management, loan administration, corporate services, share registration, and fund administration.
In addition, the life and pensions team provides policy administration, claims and underwriting services.
Mr Hughes said: “We have grown consistently in Ireland in recent years and, as stability is restored to Ireland’s financial position and its international reputation, we believe there is opportunity for continued business growth, on both a domestic and international front.”
Capita’s began operating in Ireland in 1999, when it set up a BBC information service in Belfast. Since then, its Irish operation has grown in scale.
The company added: “We have also extended our scope of professional and outsourced services, supporting local Irish companies, international companies based in Ireland, and servicing international financial services clients from within our Ireland offices.”