Underwriting UK Graduate Apprenticeship Programme

Summary

Join Lloyd’s largest syndicate and be part of a global operations team, supporting our Underwriting and Claims team. Underwriting and Claims Operations teams provides bespoke support to Underwriters and Claims Managers worldwide Great benefits including paid travel to work, paid lunch, £100 lifestyle allowance, pension contribution.

Annual wage: £33,000 a year
Minimum wage rates (opens in new tab)
Training course: Insurance professional (level 4)
Hours: Monday - Friday 9am to 5pm. Hybrid working available & flexible hours (depending on team accommodation)
35 hours a week
Possible start date: Monday 1 September
Duration: 2 Years
Positions available: 2

Work

As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.

What you’ll do at work

Underwriting is the core of Beazley, our Graduate Programme is a 24-month immersive learning experience designed to provide participants with the knowledge and experience needed for a successful career as an Underwriter at Beazley.

Programme participants must be curious; having a growth mindset with high personal integrity; and keen to develop a career in Underwriting with a leading specialist insurer.

Beazley has 5 underwriting divisions, and we are looking for a grad in each area! The recruitment process is done as one ‘underwriting graduate’ pool, but during application we ask if you have a preference for a particular division – you can identify your top 2 preferences, or give no preference at all – either is fine. To help you, we have provided information on each of the divisions below. You will also get to choose a location preference – please note if you have a location preference first, this will automatically remove some of the underwriting division options.

Members of the graduate programme will participate in training rotations across their chosen division’s Underwriting and Business Management functions. This is designed to give you a broad experience resulting in the ability to become a well-rounded Underwriter at Beazley.

Cyber:

Our market leading Cyber insurance offering protects businesses against cyber threats by building resilience and minimising risk.

Beazley is a pioneer in cyber insurance and has led the way in the development of an effective cyber ecosystem which protects clients, before, during and after a cyber incident and in the creation of the market's first cyber catastrophe bond and war exclusion.

Digital:

Within the Digital division we provide access to our specialty small business products via multiple digital placing and servicing channels. This offers flexibility of choice in how to place business with us, in a simple and cost-effective way.

Where other companies may ‘digitise’ legacy systems and continue traditional service line-led underwriting, we took a different approach. We created Beazley Digital in 2022, a dedicated cross-functional team organised around our brokers, their clients and their direct needs: offering a powerful combination of access to our specialty insurance products, empowered underwriters, future-facing customer experience supported by leading technology and thinking.

We operate in UK, US, Canada, France, Germany and Spain writing a range of covers including cyber, E&O, management liability, healthcare, contingency and marine.

Where you’ll work

Cornerblock

2 Cornwall Street

Birmingham

B3 2DL

Training

An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.

College or training organisation

BPP PROFESSIONAL EDUCATION LIMITED

Your training course

Insurance professional (level 4)

Equal to higher national certificate (HNC)

Course contents

Ability to apply technical knowledge and experience to deliver positive outcomes to all stakeholders utilising appropriate policies and procedures.

Ability to apply legal and insurance principles, knowledge of the market structure and its processes, procedures and documentation to a range of complex situations.

Can proactively identify, generate and develop relationships and networks that support the role, including but not limited to internal/external/market led/professional and peer relationships. Can leverage relationships to improve the reliability of customer service based on customer feedback. Engages with and supports colleagues so that they are empowered to resolve customers issues within organisational guidelines.

Takes ownership for delivering in their area of responsibility. Finds ways to progress and meet commitments when issues arise, being creative where appropriate. Escalates issues and decisions where necessary. Identifies and proposes business process improvements .

Applies legal and regulatory requirements to work compliantly, whilst promoting a culture of treating customers fairly. Assesses whether organisational processes and procedures and those that follow them are compliant with legal and regulatory requirements.

Provides technical advice and support to others on complex insurance matters.

Your training plan

This training plan has not been finalised. Check with this employer if you’ll need to travel to a college or training location for this apprenticeship.

Requirements

Essential qualifications

Degree in:

Any discipline from any university (grade 2:2)

Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

Skills

Communication skills
IT skills
Attention to detail
Organisation skills
Customer care skills
Problem solving skills
Presentation skills
Administrative skills
Number skills
Team working
Initiative

About this company

Beazley is a specialist insurance company with over 30 years’ experience helping people, communities, and businesses to manage risk all around the world. Our mission is to provide beautifully designed insurance, innovating to give our clients the maximum benefit with minimum hassle. Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions, and contingency, covering risks such as the weather, film production or protection from deadly weapons.

http://www.beazley.com (opens in new tab)

Company benefits

Annual bonus, Reimbursed office travel up to £3250 per year, £100 monthly lifestyle allowance, £550 remote office set up allowance, additional holiday buy scheme, flexible bank holiday policy, private healthcare, generous pension + many more

After this apprenticeship

Following the successful completion of the programme, graduates will move into a full-time Underwriter role within their chosen division

Ask a question

The contact for this apprenticeship is: