Tag: Event

Career advice for insurance and risk management students

Join a student society to network and learn

As an MSc Insurance and Risk Management student, I jumped at the opportunity to join the Actuarial, Insurance, Risk, and Quants Society (AIR-Q) as one of the Co-Presidents. Joining AIR-Q Society has been an excellent way to build my network and to delve deeper into the field I want to pursue a career in by speaking to alumni working in the sector.

How to break into the insurance industry

As a soon-to-be MSc Insurance and Risk Management alumnus, it is crucial to understand what to expect in the future which is why it was incredibly rewarding to work on hosting a webinar in May with the Chartered Insurance Institute (CII), Insurance Institute of London (IIL) and AIR-Q. The session was specifically aimed at master’s students interested in following a career in the insurance industry.

We had more than 30 attendees join the forum with questions for our panel of six, including three alumni, led by Vivine Cameron. I am very grateful to the six panellists who shared their career advice and professional trajectories. They were:

  • Vivine Cameron: Education Partnerships Manager
  • Afsar Ali: Cyber Analyst at Guy Carpenter (alumnus)
  • Amanda Yek: Actuarial Placement Analyst at Markel International
  • Irem Yerdelen: Client & Business Development Director, Corporate Risk & Broking segment, Willis Towers Watson (alumnus)
  • Louise Healy: Recruitment Consultant at Allianz Global Corporate & Specialty
  • Stephanie Nightingale: Head of Risk Reporting and Underwriting Risk Oversight at Chaucer Syndicates

 

The different career paths in insurance

There are plenty of roles involved in the insurance businesses, such as underwriting, claims, brokering and loss adjustment among others. Which path you decide to pursue will depend on your abilities, your interests and which path is most dynamic when you are graduating. During my master’s studies, I gained a better understanding and deep insights into the industry. Topics like insurtech, digitalisation and startups are trending in the insurance industry.  There is a lot of space for innovation and many companies are developing new tech and generating brand new products that are more transparent, are easier to understand and are increasingly accessible to existing or unique customers, which makes it a very exciting time to enter the industry.

A fast-track to being awarded CII professional certifications

One of the benefits of studying the MSc Insurance and Risk Management at Cass is the possibility to study modules which award credits towards the professional CII certifications. Thanks to Vivine, we were able to understand the advanced benefits we will have towards our CII qualifications. She provided us with unique guidance on which insurance roles exist. Asfar Ali, Cyber Analyst at Guy Carpenter shared valuable tips into which  next steps we need to take to be awarded the CII diploma and spoke about company sponsorship to receive the qualifications.

Career advice from our panellists: enjoy the process

Each future graduates is different. We have unique skill sets and distinctive ambitions in short-term and long-term.  The majority of us are concerned as to which career path we might follow now and in the near months. Irem Yerdelen, an alumna and the Client & Business Development Director, Corporate Risk & Broking segment at Willis Tower Watson is a fellow graduate of the MSc Insurance and Risk Management. Irem was able to tell the online attendees how the course benefitted her career. Her professional journey started in Istanbul and after pursuing her master’s degree, she decided to stay in London to pursue her career. Irem gave an important message: “doing a master’s is a great step for your career. When looking for a job, think about which option is the best for you but don’t forget to enjoy the process!”

Job-searching online

Due to the significant changes the insurance sector and many dependent sectors are facing, job-searching is going to be completely different from what it used to be. Most recruitment processes and interviews will be fully online. Louise Healy, Recruitment Consultant at Allianz, talked about her experience in the recruitment sector and gave us some valuable insights. Louise highlighted how candidates need to demonstrate their soft skills and suggested we show our genuine personality, saying, “Be natural, show who you really are.”

Thank you!

Myself and my fellow Co-Presidents of AIR-Q Society (Rocio Plasencia, Evangelos Santas, Lucy Nondi, David Flanigan, Adam Upenieks, and Peter Vodička) would like to deliver a special thanks to guest speakers for a great session and for answering all the audience questions.

Juan Sebastián de la Torre, MSc Insurance and Risk Management (2020)

 

Cass Innovate 2019: Entrepreneurial challenges put under the microscope

I attended the event Cass Innovate which took place on the 13th November 2019 at Cass Business School.

Cass Innovate is an annual conference with the purpose of discussing entrepreneurial challenges and leading research within the entrepreneurship ecosystem. These topics are, thereby, discussed with the best of both worlds by drawing from both theoretical research and practical knowledge. The edge of this event is that everyone aspiring in entrepreneurial topics can attend – you can be a student who strives for gathering the latest research in this field or a founder of an existing business who wants to discuss recent challenges with other founders.

I was one of this year’s volunteers that supported running the event, welcoming the guests and speakers in the morning, answering questions and guiding attendees to the correct panels, workshops or talks as well as looking after the smooth course during the day and of the final panel in the evening.

As an MSc Entrepreneurship student, it was an incredibly valuable experience for two main reasons:

1) Hosting an event

I learned many things in terms of event organisation and what it takes to successfully set up and run a conference this size. The organiser Aurore Hochard gave us the responsibility to organise ourselves, react flexibly to upcoming challenges and, of course, decide when to ask for help.

2) Networking

Networking and discussing the raised issues with entrepreneurs and industry experts gave me great insight from the perspective of people who have been working in the field for 20+ years, which has definitely changed my opinion on some of the topics.

Professor Scott Moeller: What should a startup do next? IPO, Acquisition or Dual Track

My perspective on the topic of a founder exit was that it was a question to deal with in the later stage of launching a company, after successfully running it for several years. However, after attending Professor Scott Moeller’s session “What should a start-up do next? IPO, Acquisition or Dual Track”, I had a conversation with him on this topic, and he said it is crucial for an entrepreneur to think about the exit even when you haven’t yet founded your company.

From my own experience, I would encourage everyone who is an (aspiring) entrepreneur or interested in these topics to keep an eye out for next year’s conference.

Fabian Ronig, MSc Entrepreneurship (2020)

Cass Real Estate Club Brings Together Speakers, Students, and Alumni at 2019 Conference

As an MSc Real Estate student and Vice-President of the Real Estate Club, I was delighted to take part in the Real Estate Club’s eighth annual May flagship conference at BAFTA Hall, Piccadilly, hosting industry-leading speakers from premier property firms for the 2019 Cass Real Estate Club Summit on Global Investment Strategy.

Focusing this year on global investment strategy, the all-day conference featured exciting panel discussions on a range of topics including global capital flows, innovations in real estate, property development and an intriguing investigation of ultra-high net worth and institutional investment strategies. With leading speakers from premier firms such as UBS, Knight Frank, GIC, CBRE Global Investors, Hines, HFF, Grosvenor, PGIM, LandSec and many more in attendance, over 250 attendees had the opportunity to hear from and network with industry leaders on a variety of subjects in today’s dynamic property market.

Keynotes delivered by Concrete Venture Capital partner, Chris Stephenson, and UBS’s UK Chief Investment Officer, Geoffrey Yu, on the future of innovation in the built environment and global macro-economic outlook offered context as to where the property market is heading near term. Their speeches decoded what we can expect as forthcoming graduates in a constantly innovating built environment.

The attendance and caliber of speakers on the day is not only a testament to the reputation of Cass, but also to the Business School’s continued commitment to engaging current master’s students with both industry leaders and our extensive alumni network. Nearly half of the speakers, all managing directors and department heads of prestigious firms, were Cass alumni or are affiliated with the Business School through professional or personal connections.

The level of engagement from alumni demonstrated the fantastic camaraderie fostered at Cass through an exacting education and continued networking opportunities post-graduation. The nearly six-month process of planning, pitching, booking and organizing the event underscores the hard work and dedication of the entire Real Estate Club team, with support from Cass and the events office.

The event is moving into its ninth year in 2020 and has evolved over the years to become a student-led initiative. Be it crafting panel content, leading sponsorship development for the club, and or gaining experience in organizing a boutique industry event, the conference provides students the opportunity to work with industry leaders.

Events such as Cass REC 2019 are the result of the Cass Real Estate Club’s continued commitment to supporting the Business School’s strategic goals. For nearly a decade, the club has done so through its two-fold mandate: providing forums for networking and learning so that master’s students and alumni can connect; and raising funds for the Real Estate Club’s scholarship initiative which benefits two incoming MSc Real Estate or MSc Real Estate Investment students each year. Successful venture partnerships with Drooms and Altus Group, along with strategic media partnerships with CoStar and Real Estate Fund Intelligence, made Cass REC 2019 a fun, successful and fruitful day of insight and networking. The club thoroughly looks forward to welcoming everyone next year to Cass REC 2020!

Myles Hooper, MSc Real Estate (2019)
Vice President, Cass Real Estate Club 2019

EntrepreneursTalk@Cass Returns to Cass Business School!

From left to right: James Song (MSc Entrepreneurship at Cass, 2019), Aurore Hochard (Head of Entrepreneurship Programmes at Cass), Emily Brooke MBE (Founder of Beryl), Martin Mignot (Partner at Index Ventures)

EntrepreneursTalk@Cass returned with a bang to Cass Business School on June 5th, 2019 organized by Aurore Hochard, Head of Entrepreneurship Programmes at the University.

Martin Mignot and Emily Brooke MBE discussed advice for entrepreneurs seeking funding, and their experiences as an investor and investee in the transportation industry. They were interviewed by James Song, a Product Designer at Founders Factory and MSc Entrepreneurship (2019) student at Cass who stated, “It was a great occasion to learn from the experiences of a couple of successful people both from the VC side and entrepreneur side!”

Martin Mignot, a partner at Index Ventures, exclaimed early in the evening that his favorite part about the industry is the fact that “I get paid to learn and work with incredible people” and how much he enjoys helping solve problems for early-stage companies. According to Mr. Mignot, “Every company, no matter how successful, is just a sum of problems to solve” and he enjoys the process of finding solutions.

Index Ventures is typically Seed and Series A investments, and Mr. Mignot commented, “We like to be the first institution but not the first money in” for investments made. This is fairly common in the industry, with angel investors taking on the most risk and venture capital investors signing on later. The UK is a great ecosystem for early-stage investment due to the various tax benefits that angel investors make, especially EIS and SEIS.

SEIS stands for Seed Enterprise Investment Scheme and offers a 50% tax break for investors that put in part of the first £150,000 for a qualified startup. Enterprise Investment Scheme (EIS) offers a 30% income tax reduction for investments up to £1 million for an individual and £12 million for a company. These are some of the highest tax benefits in the western world for angel investment, and this helps to make London and the United Kingdom a healthy market for new startups.

Emily Brooke is the Founder of Beryl (formerly Blaze), and her company has benefited from this great ecosystem, getting early investment from the Richard Branson family, Index Ventures, and others. Beryl has gone through some rough patches, and Mrs. Brooke discussed the problems they have overcome when expanding internationally including trademark issues that forced them to change their name. Her biggest advice for entrepreneurs is to “Get on with it” when getting started, and to “Focus on doing one thing properly before diversifying”.

Mrs. Brooke’s advice for getting investment is to find investors that will let you retain a lot of control over your own company, stating “Our goal is light-touch investment” which has “…given us a lot of freedom”. Apparently, this approach has worked well, as Beryl has won multiple awards for their bike lights, including the iF Design Award (2019), Eurobike Industry Award (2018) and many others while expanding her product sales across Europe, the United States and Japan since its founding in the United Kingdom in 2012.

Emma Rowe, MSc Entrepreneurship (2019) at Cass Business School, attended the event and said “[the evening] was incredibly valuable. I loved having an insight into the speakers’ personal journeys, particularly the challenges they faced and who inspired them to do what they do today.”

The evening ended with a networking session and drinks, where up-and-coming entrepreneurs mingled with their experienced counterparts. The excited conversations were a sign that the next event will be well attended! These types of events are what help Cass Business School to stand out among its peers, and the evening offered real value to students and industry professionals alike.

The next EntrepreneursTalk@Cass event will be taking place on July 3rd, 2019 at Cass Business School attended by another Entrepreneur and Venture Capital duo. Please find details here.

Andrew Bott, MSc Entrepreneurship (2019)

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