Experienced Hire FAQ
While it is useful to speak a second language or more, it is not a prerequisite for the majority of roles at Lloyd's
Unfortunately not, all applications must be made online.
Yes, but although the selection criteria may be similar most positions are very different. Please think about the type of role that will suit you and your ultimate goals best, and only apply for appropriate vacancies.
No, you do need to have a full work permit before applying as Lloyd's do not sponsor visas.
All roles are advertised on the website here unless we need to specifically recruit someone within the local country.
Our policy on work experience is in place to support two local organisations that provide work experience for students in the nearby Tower Hamlets area.
If you do need to contact someone urgently about your application, then you can email: HR@lloyds.com.
You can request feedback if you are notified that you have not been selected for the next stage in the interview process. For those candidates who require specific feedback this can be requested by emailing: HR@lloyds.com. You can then expect feedback to be given to you within seven working days.
For candidates who have applied via a recruitment agency you would liaise with them directly
There are two annual performance schemes that you may be entitled to at Lloyd's. The first, the Lloyd's Performance Plan, is based on the overall performance of the organisation. The second relies on your own individual performance evaluated during your appraisal process.
We support study towards continuing professional development. Employees are encouraged to develop an understanding of Lloyd’s through studying towards the Lloyd’s and London Market Introductory Test (LLMIT), which explores how business is conducted here, and the roles and responsibilities of all those involved.
We make sure that employees receive appropriate time off to study, take exams, and the funding they need to take the relevant courses and buy study materials.
Plenty of research into Lloyd’s and a good understanding of the role is a pre-requisite for interview. Knowing your CV is a key part to any interview and having prepared examples on pieces of previous work should stand you in good stead for any competency-based interview. Examples of these would be project work, challenges faced, time management issues and managing stakeholders.
Your interview should last no longer than one hour (excluding testing). You can expect to meet the immediate line manager for this role who should be able to give you a deeper understanding of the role and what is expected of you on a day-to-day basis.
Performance is generally monitored through two formal appraisals throughout the year. All employees are reviewed against specific criteria relevant to their employment. Specifically, employees are measured against the two key areas:
- How effectively you have delivered against your performance objectives.
- How effectively you have demonstrated the Lloyd's values.
At the end of the year, you will be given a performance rating against both your objectives and your values.
Lloyd's believes that every employee should be rewarded for performance success and does so by providing you with the opportunity to receive an annual bonus payment by way of recognition. As a result, Lloyd's may make a discretionary bonus payment based on performance during February each year.
If you want to re-apply for a similar role, then we would normally suggest that you wait at least a year. This will have given you adequate time to develop new skills and experiences to support a successful application. If you feel that you are suitable for an unrelated role that we are advertising, then you are free to apply for this.
On our job search page, you can register for job alerts for roles within specific areas of the business, You will be emailed when appropriate roles become available.
You will be required to complete a series of questions relating to your application and the role. If successful, you will be asked to submit your CV and will be notified by email within five working days that your CV is being reviewed by the line manager.
You will then receive an email informing you if you have been successful in being selected for interview. A representative of the recruitment team will then be in contact to set up an interview with you within 48 hours of this notification.
A two-stage interview process is carried out for all roles. Each of the interviews, which are competency based, should last no longer than one hour.
As a Lloyd’s employee, you will be given the opportunity to participate in the award-winning Lloyd’s Community Programme and to put something back into the community through volunteering. You can take up to three days’ paid volunteering leave a year.
Find out more about Lloyd's Corporate Social Responsibility.
Lloyd’s accepts business from over 200 countries and territories worldwide and, as such, we have a network of global offices. So, international career opportunities, either secondments or permanent, are a definite possibility for some roles. Find out more about our international operations here.
The majority of employees of the Corporation of Lloyd’s are based at the iconic Lloyd’s Building at One Lime Street in the City of London. However, we also have over 200 colleagues at our attractive, modern office in Chatham in Kent and, more recently, at our Sittingbourne site in Kent Science Park.
Lloyd's offers a wide range of development opportunities to support you in your personal development including classroom education, eLearning, access to conferences and seminars, mentoring, coaching, management, leadership and personal effectiveness programmes. Lloyd's also provides a framework for career development planning and supports continuous performance management processes.
Lloyd's will ensure that all reasonable adjustments will be made to the assessment process to ensure that candidates with any form of disability are not disadvantaged in any way. If you need us to make any special arrangements, please advise us before coming in for an interview.
We value individuality and warmly welcome talented people from all backgrounds. There are a number of attitudes and values which we regard as crucially important to the continued success of Lloyd’s and which we expect in everyone who works here.
For more technical-based roles you may be required to sit a test that is specific to the role that you have applied to. If you are required to sit a test you will be notified before coming in for interview.
As well as the overview about Lloyd’s given on these careers pages, there’s also extensive information in the About us section.
Currently, Lloyd's offers no relocation package.