SECTOR SPOTLIGHT ON INSURANCE
Postgraduate Study
If you ’ re looking to expand your knowledge through further study , there are a variety of postgraduate courses available . These include :
• Actuarial science
• Financial economics
• Risk management and insurance
• Insurance law
Insurance Skills Graduate Employers Look For
To start your dream graduate career in insurance , you not only need a degree qualification but employers desire a wide and varied skill set including industry specific and soft skills . Here is a list of the key skills employers look for :
• Literacy and numeracy
• Time management and organisation
• Communication
• Teamwork
• Problem solving
• Critical and analytical thinking
• Information gathering , evaluation and synthesis
• Interpersonal skills
• Adaptability
Insurance is a large and growing industry . It offers a myriad of opportunities for recent and soon to be graduates . You could be working for a wide range of employers , these include :
Insurance companies : Insurance companies provide customers with insurance services and products . This is typically done via a price comparison website such as Compare the Market or an insurance broker . Examples of employers include : Admiral , LV =, Hastings Direct , Aviva , Direct Line Group .
Insurance brokers : Insurance brokers aim to help clients to find the best insurance products and premiums , which meet the customers needs . They act independently on behalf of the customer and insurance company . Examples of employers include : Marshmallow , Aon , Willis Towers Watson .
Specialist consultancy : These type of organisations handle claims for the London markets as well as specialising in life assurance , pensions and loss adjusters .
Retail banks and supermarkets : Supermarkets and banks both offer insurance services and products . Examples of employers include : Lloyds Bank , Tesco , Coop .
London market trades : The London markets are critical to insurance trading . They trade insurance policies globally and specialise mainly on reinsurance , high exposure risks and general insurance . Examples of employers include : Lloyd ’ s of London .