Lloyd's

Lloyd's 2022 Graduate Opportunities

Company Company Profile

Welcome to Lloyd’s.

Understanding the Corporation

First things first: we’re not an insurance company. Nor are we connected with any bank. Lloyd’s is actually a market where risks that need to be covered are put to insurers who can provide protection, ensuring that social and economic progress can continue across the globe. And as a Corporation, we enable that protection; managing the space and overseeing all aspects of the business.

What’s the market?

The Lloyd’s market is where the deals happen. Every day, people, businesses and communities in over 200 countries and territories rely on the Lloyd’s market to protect what matters most. And every day, more than 50 leading insurance companies, 200 registered brokers and a global network of over 3,800 coverholder office locations work together in the Lloyd’s market to do just that.

Our opportunities

By joining Lloyd's you are becoming part of the Corporation that helps support the market. Whether as a graduate or apprentice, this is an exciting time to join us. The rapid advancement of technology and the power of big data are propelling our industry forward.

What we look for

Lloyd’s is changing and needs curious minds to define what that change will look like. Whatever department you join, you'll be learning alongside people who are always thinking about the future consequences of daily decisions. And as part of the Corporation, you’ll ensure these decisions turn out for the best. We're looking for people with new perspectives and the confidence to share them.

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Case Studies

[casestudy]
  • Name: Kristian Jones
  • Role: Insurance Graduate

Description:

Can you describe your grad scheme and the rotations?

At Lloyd’s, the graduate schemes have quite a unique setup. We do four six-month rotations, with placements both at Lloyd’s the Corporation, and as part of the market. Currently, I’m in a role at a managing agent. I’m part of their innovation and product development team, meaning I conduct research on behalf of the business and underwriters to help them develop their ideas. Innovation is really the area that interests me - it’s about predicting the change that could shift a whole industry and finding new ways to harness that

What was your experience on the different rotations on the graduate scheme?

The graduate scheme is very holistic. You get to see the different components that add value for the insurance (such as the claims and underwriting) but you also get to see the Lloyd’s perspective, how it’s impacting and supporting the market. Having that complete overview here is really valuable in terms of seeing which direction insurance is going and also helping me make my own decisions in terms of where I’d like to go within Lloyd’s in the future.

Why do you think it’s important that Lloyd’s has a graduate scheme?

I think the graduate scheme is very good at getting people from different backgrounds into insurance. Traditionally, that has maybe not been the case, but if I look at my graduate cohort, we have people from all different backgrounds and disciplines. People have studied everything from philosophy to music, geography to chemistry. I think that diversity of opinion really matters and counts, and will continue to be important for Lloyd’s moving forwards.

Why do you think innovation is so important?

Innovation is important because the world is changing, so risks are changing and insurance is changing as a result. In terms of looking at what exposures people have, there are risks from anything from climate change to technological developments. We’re also seeing a lot of new risks in the cyber space. It’s really important to keep up with the new trends and not be behind; while that can damage our own business, it also means we can’t provide the protection that our customers need.

Training & Profiles

Our people love to learn. We offer exceptional training, both technical and in soft skills, and comprehensive support for gaining qualifications. In insurance, that will be the full ACII for graduates or a Diploma in Insurance for apprentices, or qualifications relevant to your specialism on our non-insurance programmes.

Application Procedure

Graduates

We're offering four two-year Graduate Programmes at Lloyd's in 2022, all designed to launch your career in the Corporation.

  • Business Graduate Programme – Business rotational / Tax / Internal Audit
  • Insurance Graduate Programme
  • Actuarial Graduate Programme
  • Technology & Data Graduate Programme

You can also follow us on Linkedin for all our career opportunity updates.

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