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Graduate Open Day: Find out what it would be like to work for the London insurance market on 16 October 2017

 

LMG Representing the London specialist insurance market

Insurance – Will you take the risk?

 

Save the date for a Graduate Open Day to find out more about the rewarding career opportunities that the London Insurance Market offers ambitious young people.

Insurance is an exciting and diverse sector: it balances risks (catastrophic hurricanes or a world-wide cyber breach) against probability and rapidly changing environments and customer demands. The London Insurance Market is the world-leading hub for insurance and reinsurance, employing over 52,000 people and handling $91bn worth of business. Come and find out how to be a part of it, and all the various roles that working in this dynamic market offers.

The event is for undergraduates and we are particularly encouraging applications from women. The event will include interactive presentations and workshops and a networking opportunity with potential employers. You will also get to visit two of the City of London’s most iconic buildings not usually open to the public – Lloyd’s of London and the Leadenhall Building (‘the Cheesegrater’).

Date: Monday, 16 October 2017

Time: 10.30am – 5.30pm

Venues: Lloyd’s of London and the Leadenhall Building

The day is free to attend but places are limited. To register your interest or for more information, contact Faye Roney

In the meantime, why not find out more about career opportunities at London Insurance Market organisations by following @londoninsurancelife on Instagram and Facebook and @londoninslife on Twitter.

LMG

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Only a few days left to apply for THB  – a graduate scheme in insurance – work in the City!

THB graduate scheme now open - work in the City!

Insurance is not a sector that many students think about who are interested in a career in finance. Yet the sector employs a high number of grads in prestigious premises in an industry that is growing, with a good work/life balance.  Having spoken to many young grads in the sector, they have talked positively to me about having interesting and  challenging work, with early responsibility. This is a new grad scheme and THB are interested in grads of any discipline.

THB is a specialist mid-sized insurance and risk management company with more than 700 people, nearly $2 billion of premium placed and offices in:

Asia
Europe
Middle East
North America
South America

THB’s head office is in the heart of London, which is where it is hosting its new graduate scheme.

The Programme
The newly-launched, 18-month graduate programme offers you the chance to learn about roles within THB’s Technical, Claims and Broking teams based in London.

You will visit 3 or 4 business units, as well as spending time in Central Operations and undertaking an external placement. It’s a great way to understand how the business operates.

The aim of the graduate programme is to give THB a pipeline of talented people who want to develop a long-term career with the business.

You will receive:

  • An induction programme that gives you the essential skills and knowledge you will need to succeed at THB
  • Exposure to different part of the business
  • A short-term external underwriting placement
  • An appreciation of the roles of the THB central operations team
  • A THB mentor who will give you advice and support throughout the scheme
  • An active network of colleagues and resources.

Your Development
You will spend around one day per month focusing on your personal development during the programme.  You will attend relevant workshops available through the current in-house THB Learning and Development offering, in addition to technical and professional learning.

Your induction programme will quickly integrate you into THB, letting you navigate the business, building on processes, and equip you with an essential toolkit of knowledge, skills and behaviours to be effective during the programme and beyond.

As part of the programme you will complete the CII Award in London Market Insurance within the first six months and complete the CII Diploma in Insurance by the end of the programme. Beyond that you would be expected to achieve full ACII status within 2-3 years.

Every graduate will be matched with an existing THB employee to mentor and support you.

Requirements  
You are welcome to apply to the THB programme if:

  • You are eligible to work in the UK
  • You have a 2:1 degree or above in any subject
  • You have GCSE (or equivalent) Maths and English – minimum grade C.

THB is a relationship business so we are looking for enthusiastic people with fantastic communication skills, a great work ethic, the desire to learn and the ability to build relationships really quickly.

How to Apply
We want to make sure you are right for us and we are right for you, so our selection process is challenging. It’ll give you a great insight into how we do things at THB.  The stages are:

  1. Application with CV and cover letter – deadline 31 January 2017
  2. Telephone interview – during February 2017
  3. Verbal and numeric reasoning tests – during February 2017
  4. Full day assessment centre including interviews – 25 April 2017

Application to the scheme does guarantee a particular role or business unit – permanent placement will be confirmed towards the end of the programme.

To apply, send your CV and cover letter to recruitment@THBGroup.com, explaining why you think you are the right person to join the programme. More info is available on the Careers page of their website.

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A hidden Finance career option – Paraplanning

Caspar Bartington (@diskrisk) has been in touch to alert us to a hidden career option in Finance, namely Paraplanning. Which should grab your attention as “hidden” usually means “we can’t find enough good people to do these jobs and/or enough applicants”. A shorter queue. Here’s what Caspar had to say about Paraplanning.

Paraplanning is a little-known part of the financial advice/financial planning/wealth management sector, which in itself is not tremendously well understood. Whereas financial planners are client-facing in their work, paraplanners are based in the back office and have a focus on financial market research and report writing. Paraplanning is a stepping-stone to becoming a client-facing financial planner; it gives a member of staff time to take professional qualifications needed to do the financial planning role and gain valuable experience of the financial advice process. Paraplanning is also a career in its own right, for those who prefer the technical, analytical aspect of a role over client interaction.

Caspar also provided us with case study of a graduate in a Paraplanning career, a trainee paraplanner who works at Para-Sols, a leading paraplanning business. Who incidentally are looking for graduates now.

p.s. you might just want to follow Caspar on Twitter. He always has some hidden gems.

 

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The Discover Risk website – a mine of great jobs – and not just in finance!

 

Ant portraitHello again

In my job as a careers consultant at City, I sometimes take time to promote job vacancies. And today, I want to highlight some vacancies at XL Catlin, a global insurance and re-insurance firm. The insurance sector is a big recruiter of graduates, though not many students are aware of this. It is a also growing sector that offers steady employment and a good work-life balance. So insurance is clearly a good option for students interested in a career in finance – but who else might it suit? Well, XL Catlin are currently looking for a Compliance Trainee. So this might particularly suit a Law student who has decided against becoming a solicitor or barrister, although it could suit students who are studying other subjects too. The company are also looking for a Marketing Trainee. Marketing is a notoriously competitive career to get into as a graduate and often people who are interested in marketing only think of firms like Unilever and Nestle. But many good openings can be found in financial marketing and with experience you can then choose to move into a different sector if you like. Another interesting vacancy they have is for a Trainee Underwriter which is a client-facing role that requires good communication skills as well a strong analytical skills.  As well as these roles, the firm is also looking for a Business Management Trainee and a Finance and Accountancy Trainee at the moment plus other positions. Interestingly, XL Catlin accepts 2:2 degrees alongside 280 UCAS points (BBC).

Here is some more info about XL Catlin’s current vacancies and here’s a you can link to Discover Risk website which tells you about the insurance sector and includes lots of job vacancies.

 

 

 

 

 

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Why train with a medium sized accountancy firm?

Brebners

brebners-220x102A perk of my job as a careers consultant at City is that occasionally, I am wined and dined in very nice settings. My latest foray was to the Annual Lunch for APA (Association of Practising Accountants) at the Chartered Accountants Hall in the City where I learned what it is like to train with a medium-sized firm. APA is a consortium of 15 medium-sized accountancy firms and I visited one of the firms beforehand. The list of member firms can be found here: http://www.apa-uk.co.uk/  I went to Brebners, on Shaftesbury Avenue and met the training partner and a trainee. Brebners offer an excellent opportunity for able students of any degree discipline. They have expertise in audit, accounting, taxation, financial services, insolvency, corporate and forensic work, solicitors accounts rules and expert witness.Be aware that just because the firms are smaller and less well-known than ‘the Big Four’ does not mean that entry requirements are low.  Guideline UCAS  points needed: 280-300 UCAS points, but check for each firm.

 What type of student would suit Brebners?

 Someone who wants  

  • a more personal approach to their training. Trainees will feel  that they are known  from day 1 in the firm, rather than a cog in the system. Trainees will be seen, known and appreciated. Trainees will be able to chat to partners in the kitchen, etc.
  • plenty of opportunity to work with clients and to work with a range of clients including small businesses and large with over 20m turnover per year.

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Guest Blog Post: City Alumna, Nancy O’Hare on working globally

Live the World, One Country at a Time

What has your career-path been: how did you get where you are today?

“I envisioned living overseas ever since my inaugural trip across the Atlantic at the impressionable age of 13. This nascent desire gained further traction throughout my undergraduate years and eventually attracted me towards the global business environment. Accordingly, I completed a 30-month Chartered Accountant programme with Deloitte Canada in 1999 and transferred to Australia to gain additional experience internationally. Financial advisory expertise is essential across several industries and remains a marketable attribute for the global finance professional.

Since leaving public practice with Deloitte, my career has principally focused upon the upstream oil and gas industry and spanned a broad spectrum of responsibilities within finance that includes corporate governance, financial reporting, taxation, commercial, budgeting, treasury and merger & acquisition activity.  As a recent graduate of the Executive MBA programme at Cass Business School with a 20-year blend of comprehensive management and advisory expertise, I consider myself privileged to have lived and worked across five continents that include such disparate countries as Australia, Switzerland, the Sultanate of Oman and Nigeria.”

What does your current role entail? What do you like most about your job?

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Guest Blog Post: Introducing CPA Australia….

CPA Australia is delighted to be working with City to help open opportunities for students focussed on building dynamic and rewarding accounting and finance careers in the Asia-Pacific.  We are really excited to be meeting many of you at the Finding work in your home country session on Wednesday 11th Feb at 1pm-3pm in ELG11.  Before we do, we thought we would take a moment to introduce ourselves…

Who is CPA Australia?

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Guest Blog Post: Careers in the Financial Sector, by AllAboutGroup

City of LondonAll industries have their common misconceptions, but none more so than finance. For many people, the concept of working in finance immediately brings to mind an image of The Wolf of Wall Street, with shady investment bankers screaming down the phone while their lackeys run around doing all the legwork. In reality, however, finance incorporates as wide a range of careers as any other trade, with each profession bringing their own distinct talents to the industry. Financial corporations therefore need to hire employees from a broad base of skill sets and backgrounds by necessity, even requiring those who might not immediately appear to lend the relevant experience.

What is an actuary?

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Get 2 week’s work experience at Santander branch at City

If you would like to get some work experience in a bank, then look no further. Our own Santander branch at City are  offering work experience of up to two weeks to City students who are interested in retail banking or the banking sector in general. The work experience does not have to be for 2 consecutive weeks, but can be scheduled round your studies. It is unpaid.

What would the 2 week Work Skills Programme offer me?

A chance to observe the daily duties of running a retail bank  and to be involved in daily duties of running a retail bank. After the programme you will receive a certificate/reference letter congratulating you on completing your Work Skills programme.

If you are interested in the programme please contact Adam Cheyne at Santander City University Adam.Cheyne@santander.co.uk Ensure your email is professional. Explain why you are interested, what you hope to gain from the experience and outline the skills you could bring. Santander is located at E102, First Floor, Drysdale Building.

Don’t delay as this is on a first come, first served basis, but the opportunity is ongoing.