Insurance! The mere word makes students look at me in horror or disbelief when I mention it as a career pathway which offers excellent career opportuities for graduates. But why? I suspect many wrongly think it’s about cold calling clients, door to door selling of life or car insurance or processing boring paperwork. Actually, just the opposite comes over when I meet trainees on graduate schemes such as Willis, Allianz, Lloyds of London, Hiscox and Zurich who describe their roles as interesting and challenging, with plenty of early responsibility. Insurance could be described as managing risk in a fast moving world, within the field of financial services. Within insurance there are opportunities for graduates of any discipline, but for some pathways a degree in business or numerical discipline is preferred. As well as specialist pathways in risk management, there are also pathways for graduates interested in a career as an acountant or as a technologist as well as general management.
The graduate scheme at Zurich clearly demonstrates the excellent opportunities on offer and I guarantee it will dispel some of the myths about insurance!http://www.zurich.co.uk/graduates/ourgraduateprogrammes/ourgraduateprogramme.htm For this prestigious scheme a 2:1 and 280 UCAS points are required.
The insurance industy is growing and many grads value the relative job stability it offers. Another plus point about the sector is that much of the work still involves considerable face to face contact with clients. For most roles, graduate trainees also study for their professional exams from the CII, the Chartered Institute of Insurance.