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Insurance Apprenticeship Programme

This year, we are running an apprenticeship programme in only one area – Insurance, the core of our business. Our apprenticeships are aimed at school leavers who are keen to pursue a career in insurance and eager to start work without a university education. 

What you’ll be doing as an insurance apprentice 

Our Apprenticeship programme lasts 15 months and consists of multiple placements within the Lloyd’s Corporation as well as the Lloyd’s Market. It is designed to give you a flying start in the fascinating world of specialist insurance. As you rotate across the business, you’ll gain a 360° perspective into life at Lloyd’s. You could find yourself managing relationships with international regulators, helping underwriting specialists assess risks in a managing agent or analysing metrics for a cyber campaign. You could also work in some of our non-insurance teams, such as Procurement or Marketing. You can also expect to work to the Level 3 Insurance Practitioner apprenticeship standard, an important step on the road to completing the Cert CII qualification.

What you’ll gain from us

Our apprentices are paid £18,650 per year, alongside a one-time payment to buy business clothes and an end of programme bonus. Apprentices receive the same 25- day holiday allocation as our graduates and many of the same competitive benefits, including season ticket loans. At the end of your programme, you’ll have achieved the Level 3 Insurance Practitioner apprenticeship and the Cert CII. Perhaps even more valuable, you’ll have developed an in-depth knowledge of the world of specialist insurance, a host of useful contacts and a confidence in your future.

As well as that, we offer a genuinely good work-life balance, an inclusive environment in which diversity is celebrated, and rewards and benefits that include:

  • A starting salary of £18,650, alongside a one-time payment to buy business clothes and an end of programme bonus
  • 25 days’ annual leave
  • Season ticket travel loans
  • A contributory pension scheme
  • Access to a subsidised on-site restaurant and café

What you’ll need

You should have three A-levels (or equivalent) at grade C or above in any subject, and GCSE Maths and English (or equivalent) also at grade C or above. We’ll want to see that your skills align with our values-led competencies: relating and networking; creating and innovating; delivering results and meeting customer expectations; adapting and responding to change; achieving goals and objectives and commercial thinking.

 

About Lloyd’s

We are Lloyd’s. We are a unique combination of a specialist insurance market and a Corporation. We’re here to support customers when it matters most, providing the financial support to enable businesses, governments and people to recover as quickly as possible when the unexpected happens. The scale and scope of what we do means we can enable you to embark on an incredible career journey. At Lloyd’s, there will always be something new for you to learn. New potential to explore. New innovations to master.

Apprentice company profile

We are Lloyd’s. We are a unique combination of a specialist insurance market and a Corporation. We’re here to support customers when it matters most, providing the financial support to enable businesses, governments and people to recover as quickly as possible when the unexpected happens. The scale and scope of what we do means we can enable you to embark on an incredible career journey. At Lloyd’s, there will always be something new for you to learn. New potential to explore. New innovations to master.

 

What is Lloyd’s?

The Lloyd’s Corporation oversees the smooth running of the market, regulates and reports on the operations of its participants and holds licenses to write insurance in more than 80 countries. As part of the Corporation’s role in keeping the market on the front line and customers on the front foot, Lloyd’s regularly publishes its series of Emerging Risk Reports that scans the horizon for the issues and trends likely to affect the insurance market.

Our opportunities

Joining Lloyd’s is becoming part of the Corporation that runs the market. If you’re interested in an apprenticeship, this is an exciting time to join us. The rapid advancement of technology and the power of big data are propelling our industry forward.

Insurance Apprenticeship Programme

London, UK
Apprenticeships

Published on 23 Jul 2019