At a Glance
- Tasks: Drive innovation, support product sprints, and turn data into insights.
- Company: Join Lloyd's Lab, Europe's top insurance innovation hub.
- Benefits: Hands-on learning, skill-building, and a supportive team environment.
- Other info: Flexible work culture with opportunities for growth and collaboration.
- Why this job: Shape the future of insurance with cutting-edge ideas and technologies.
- Qualifications: Experience in innovation or startups, strong communication, and organisational skills.
The predicted salary is between 35000 - 45000 £ per year.
We’re looking for an Innovation Associate to join Lloyd’s Lab — Europe’s leading insurance innovation hub. This is your opportunity to help shape how new ideas, technologies and solutions move from concept to real market impact.
What you’ll do:
- Drive innovation in action
- Support discovery work, from problem framing to customer interviews
- Test ideas using lean startup and design thinking approaches
- Help design and run product sprints and experiments
- Support Proof of Concepts (POCs) and assess real‑world viability
- Turn data into clear insights that improve outcomes
- Make programmes run brilliantly
- Help deliver Accelerator, Discovery, Training and Consulting programmes
- Coordinate sprint cycles, events and key milestones
- Support sessions like Pitch Day, Demo Day and Lab Lates
- Create clear, engaging materials and playbooks
- Track performance and help measure impact
- Build strong connections
- Support market‑facing sessions with brokers, Managing Agents and partners
- Contribute to communications that showcase Lab work
- Help bring the innovation community together and keep it engaged
What you’ll bring:
- Experience in innovation, product, consulting, or startup environments
- Familiarity with experimentation, agile or design thinking methods
- Strong organisation and ability to manage competing priorities
- Confidence working in fast‑moving, evolving environments
- Clear communication and ability to turn complexity into simple insight
- Comfortable creating high‑quality materials (PowerPoint, Miro, Excel)
- Curious and proactive, with a bias for action
- Collaborative and open to new ideas
- Comfortable working with ambiguity and learning as you go
What you’ll get:
- Learn innovation by doing, in a fast‑paced, hands‑on environment
- Work with global start‑ups and leading market participants
- Build skills in product, consulting and innovation delivery
- Be part of a collaborative, supportive and ambitious team
How we work:
Based in London, with at least 3 days in the Lab. Flexibility for events and key programme moments. A culture built on trust, inclusion and shared success.
Innovation Associate - Lloyd's Lab (Insurance Innovation Hub) in London employer: CO1001 Corporation of Lloyd’s
Lloyd's Lab is an exceptional employer, offering a dynamic and collaborative environment where innovation thrives. As part of Europe's leading insurance innovation hub, you'll have the opportunity to work alongside global start-ups and industry leaders, gaining hands-on experience in product and consulting while contributing to meaningful projects. With a culture rooted in trust and inclusion, employees are encouraged to grow and develop their skills in a supportive atmosphere, making it an ideal place for those seeking a rewarding career in innovation.
Contact Details:
CO1001 Corporation of Lloyd’s Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Innovation Associate - Lloyd's Lab (Insurance Innovation Hub) in London
✨Leverage Innovation Hubs
Tap into local innovation hubs and research centres. These places often host events and workshops where you can meet like-minded people and industry leaders. Plus, they might have job openings that aren't widely advertised, so keep your ears open!
✨Showcase Your Projects
Turn your past innovation projects into compelling stories. Create a portfolio showcasing your creativity and problem-solving skills. This can give hiring managers a real flavour of what you can bring to the table at companies like CO1001 Corporation of Lloyd’s.
✨Connect at Industry Conferences
Make it a point to attend industry conferences and seminars focused on R&D and innovation management. These events are fantastic for networking and often have job boards or career fairs where you can connect directly with firms looking for talent.
✨Use Your University’s Resources
If you're fresh out of university, don't forget to tap into your institution's career services. They often have exclusive partnerships with companies seeking new talent in R&D, especially for full-time roles. It's a good shortcut to landing a gig at places like CO1001 Corporation of Lloyd’s.
We think you need these skills to ace Innovation Associate - Lloyd's Lab (Insurance Innovation Hub) in London
Some tips for your application 🫡
Showcase Your Creative Thinking:In innovation and R&D management, it's all about thinking outside the box. Make sure your CV highlights any projects or experiences that showcase your creative problem-solving skills. Use specific examples to illustrate how you've developed and implemented innovative ideas in previous roles.
Tailor Your Experience to R&D:When you're crafting your CV, focus on your experience in research and development. Highlight any relevant projects you've worked on, including methodologies used and results achieved. This will show us at CO1001 Corporation of Lloyd’s that you understand the R&D process and can contribute meaningfully to our projects.
Let Your Passion Shine in the Cover Letter:For a full-time role like this, your cover letter should reflect your genuine passion for innovation and development. Share your excitement about the opportunity to work at CO1001 Corporation of Lloyd’s and touch on how your goals align with our mission. This helps us see your motivation for wanting to join our team!
Quantify Your Achievements:Numbers speak volumes in R&D! Whenever possible, quantify your achievements in your CV. Whether it’s a percentage improvement in project outcomes, the budget size you’ve managed, or the number of successful products you've launched, these figures will help paint a clearer picture of your impact and capabilities.
How to prepare for a job interview at CO1001 Corporation of Lloyd’s
✨Show Off Your Innovative Thinking
In an Innovation R&D Management role at CO1001 Corporation of Lloyd’s, they're going to want to see how you approach problem-solving. Be ready to discuss previous projects where you introduced a new idea or process. Highlight your ability to think outside the box and provide examples where your innovations drove significant results.
✨Familiarity with Tools and Technologies
Make sure you're clued up on the latest tools and technologies related to innovation management, such as project management software and data analysis platforms. Being able to discuss specific tools you’ve used or have experience with will show CO1001 Corporation of Lloyd’s that you’re ready to hit the ground running.
✨Demonstrate Collaboration Skills
Since this is a full-time gig, emphasising your teamwork skills will be essential. In innovation, collaboration often sparks the best ideas, so be ready to talk about how you've worked effectively within cross-functional teams in your past roles. Have concrete examples at the ready!
✨Prepare for Scenario-Based Questions
Expect some scenario-based questions in your interview that reflect real challenges you might face in the role. £At CO1001 Corporation of Lloyd’s, they might want to see how you handle tight deadlines or manage conflicting ideas within a team. Prepare some responses that demonstrate your critical thinking and decisiveness in high-pressure situations.
