Reinsurance Intern Programme

Job description

JOB DESCRIPTION

The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

The Business

Reinsurance is one of largest Global Financial Services Business. It is totally global, very large with annual premiums in excess $250 billion and increasingly acts as the ultimate risk bearer for an expanding range of societal risks. Traditionally reinsurance support insurance companies to manage the risks they accept from individuals and companies. This has led to the reinsurance industry developing advanced analytical skills to measure, manage and mitigate the risks their insurance company clients are accepting. These advanced analytical and risk transfer skills which are increasingly developed through partnerships with academia have been brought to the attention of para statal bodies such as the UN and the World Bank as well as a range of NGO’s and Government Aid Bodies who have been looking for a way to connect the world of private capital to wider societal risks. These risks include climate change driven risks such as flood, typhoon, drought, pandemic as well as technological risks such as cyber and political risks such as terrorism.

Not only has the reinsurance industry found ways to measure and mitigate these risks at the same time global financial markets have developed the concept of insurance risk as an investable class of asset in its own right. This development has opened up a huge new financial capacity to accept and absorb risk with the capacity provided the traditional reinsurance industry now being augmented with new capital from global financial markets. At this cross road of innovation sits the reinsurance broker who acts as the fulcrum coordinating and developing all these activities.

Willis Re with our 180 year old history is proud to be one of only three global brokers who sit astride this exciting developing world. Our core focus is to provide our clients with a superior understanding of the risks they face and advise on the best ways to manage extreme outcomes. W e think of ourselves as selling resilience for a risky world.

We are looking for a number of different profiles, from individuals with good interpersonal skills and able to build strong business relationships and negotiation skills to individuals with strong analytical and numerical skills and able to quickly grasp complex issues.

The Role

*** Please note that we do not accept multiple applications and you should only select and apply to one programme per year***

Our 8 week Intern Programme is designed for penultimate year students.

An Internship at Willis Re will give you valuable real-world experience while you are still a student. It will enable you to apply your education in an environment that is both intellectually challenging and rewarding. At the end of your time with us, you will have a greater understanding of what we do and how closely our career offerings match your career ambitions.

You will be treated in the same way as our new graduates receiving the same quality and quantity of work. It is the perfect opportunity to understand what you could expect if you joined our graduate programme the following year.

The Requirements

Minimum 2:1 degree and 128 UCAS points (2017 tariff) or equivalent.

Candidates must be eligible to work in the EEA on a permanent basis without sponsorship

Skills and Attributes:

·  Good interpersonal skills, able to build strong business relationships and negotiation skills
·  Enthusiasm and passion to learn about Insurance, Risk and Reinsurance
·  Strong analytical and numerical skills – must be able to quickly grasp complex issues
·  The ability to prioritise, work under pressure and meet deadlines
·  Team player
·  Good IT skills
·  Initiative and an eagerness to drive projects to a successful conclusion
·  High degree of self-discipline, commitment and modesty combined with an ability to manage own expectations.

If you are driven by an exciting challenge, open to new ideas and want to be part of an organisation that will invest in your growth and development apply now at Willis Towers Watson.