What development do you offer whilst on the Summer Internship programme?
During your internship, you’ll receive a full induction, technical and behavioural training that will give you an introduction to the insurance industry and acquire some highly transferable skills, such as developing your presence and impact.. There’s also, of course, much you can learn on-the-job from the experts in your team.
Once I join the graduate scheme, can I do further studies or study for professional qualifications?
During the scheme, you are required to sit the Lloyd’s and London Market Introductory Test (LLMIT). In addition, you’ll also undertake the Diploma in Insurance, from the Chartered Insurance Institute: an industry-recognised qualification which will help you in your development, regardless of the area you end up in after the 18-month graduate programme.
Will there be opportunities for overseas travel during my career?
Yes. After the graduate scheme you could find a position within one of our overseas offices, or be based in the UK but required to travel. However, during the graduate scheme it’s likely that you’ll be based in London. Will I have the opportunity to work in different areas during the Graduate Programme?
Absolutely. Our scheme is designed specifically to give you an insight into many different parts of Lloyd’s – across both the Corporation and the market. You’ll do this through a series of placements. I’m interested specifically in a career in underwriting. Will I get the opportunity to take a placement in this?
While the placements we offer are varied and will give you an excellent overview of both the market and Corporation, we can’t guarantee that we can offer you specific placements – though we’ll make every effort to accommodate your preferences. Equally, while there are placements available where you’ll be based in a managing agent in the market, the majority of placements on offer are within the Corporation. So, if you’re absolutely certain that a career in underwriting is for you, you may like to check out the graduate opportunities within the market at the Lloyd's Market Association graduate recruitment site using the link on the right.
All placements on the Summer Internship programme will be based within the Corporation of Lloyd’s (i.e. we do not second interns out to the market).
What support will I get during the Graduate Programme? In a word, lots. All graduates will benefit from:
1. A 'buddy': they'll be there to help you make the transition into the world of work and answer any general questions you might have.
2. A mentor: he or she will provide more formalised support to you during the scheme. Your mentor will monitor your performance over the 18-month period, and provide you with coaching and advice to make the most of your placements and help you make choices about your future career.
3. Support from Senior Management: we’re assigning a senior director to oversee the programme as a whole. For Summer Interns, you’ll have the benefit of a specially-assigned ‘buddy’, who’ll show you the ropes and make sure you settle in. You’ll also have the support of your line manager and one of the HR team, both of whom will be more than happy to answer any questions and point you in the right direction.
Last updated on 11 Mar 2010
