At a Glance
- Tasks: Engage in hands-on roles across various teams in the insurance industry.
- Company: Liberty Specialty Markets, a leader in insurance operations.
- Benefits: Gain practical experience, training, and potential permanent roles.
- Other info: Structured onboarding and opportunities for career progression.
- Why this job: Support your transition from military to civilian life while building a career in insurance.
- Qualifications: Service leaver or veteran with transferable skills and a proactive attitude.
The predicted salary is between 20000 - 25000 £ per year.
Location: London
Business Area: Underwriting Support / Insurance Operations
Type: Fixed-term contract - 3 months
About the Scheme
The Liberty Specialty Markets Veterans’ Placement Scheme is designed to support Service Leavers as they transition into a career in insurance. The scheme recognises the transferable skills veterans bring, including decision-making, accountability, teamwork and experience operating in structured, regulated environments. Participants will gain practical experience through a small number of planned rotations across business teams, while developing an understanding of how insurance operates in practice.
About the Role
As part of the Veterans’ Placement Scheme, you will complete a series of placements across business teams, joining each team in a hands-on role and contributing to day-to-day activity while learning how risk, underwriting and operations work together. This is a working role, not a training course, with support and development provided alongside real responsibilities. The scheme is structured around a small number of planned rotations to provide breadth of experience, tailored to the individual’s interests within Insurance, while maintaining continuity and accountability in each placement.
Key Responsibilities
- Participate in a rotational program, engaging with various teams across Underwriting, Claims, Project Management, Operations and support functions to gain insights into the insurance industry.
- Support day-to-day activities in Underwriting or Operational teams, contributing to tasks such as risk assessments, claims management, project planning, and operational support.
- Attend team meetings, training sessions, and workshops to develop an understanding of processes, market dynamics, and organisational practices.
- Collaborate with team members to analyse data and provide insights that can assist in improving workflows and client service.
- Share feedback and innovative ideas to enhance processes and improve service delivery based on observations from rotations.
- Adhere to all relevant regulatory requirements and demonstrate behaviours as set out in the Liberty Specialty Markets Conduct Risk Policy.
Development and Progression
During the placement you will receive structured onboarding and on-the-job learning, be supported by a manager and wider team, gain exposure to underwriting and related functions through rotational placements, and build an understanding of potential longer-term career options within the business. Successful completion of the scheme may lead to opportunities in permanent roles, subject to business need and individual suitability.
Who the Scheme is for
- All Regular Service Leavers/Veterans that have left the UK Armed Forces are eligible, provided you have the right to work in the UK.
- Transferable skills such as leadership, teamwork, and problem-solving abilities.
- Strong organisational skills and the ability to prioritise tasks effectively.
- A basic understanding of insurance concepts is expected. Prior knowledge of specific functions such as Underwriting, Claims, or Project Management is a plus but not essential.
- Completion of the first level of the Chartered Insurance Institute exams would be highly beneficial.
- Proficiency in Microsoft Excel, Word and PowerPoint and willingness to learn relevant software tools used within the departments.
- Excellent communication skills with the ability to collaborate in diverse teams.
- A proactive attitude towards learning and a strong commitment to explore various career paths within the insurance industry.
What We Offer
- A supportive transition into civilian employment
- Practical experience within a large insurance business
- Training and development opportunities
Military Placement Scheme in London employer: Liberty Specialty Markets
Liberty Specialty Markets is an exceptional employer that values the unique skills and experiences of veterans, offering a structured Military Placement Scheme in London. Participants benefit from hands-on experience across various business teams, comprehensive support, and tailored development opportunities, all within a collaborative and inclusive work culture. This scheme not only facilitates a smooth transition into the insurance industry but also opens doors to potential permanent roles, making it a meaningful and rewarding career choice for service leavers.
StudySmarter Expert Advice🤫
We think this is how you could land Military Placement Scheme in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who have been through similar schemes. They can provide insights and might even refer you to opportunities that aren't advertised.
✨Tip Number 2
Prepare for interviews by practising common questions related to teamwork and problem-solving. Use your military experience to showcase how you've tackled challenges and worked with diverse teams.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After interviews or networking events, send a quick thank-you email. It shows your enthusiasm and keeps you on their radar.
✨Tip Number 4
Apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team.
We think you need these skills to ace Military Placement Scheme in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that are relevant to the Military Placement Scheme. Highlight your transferable skills like teamwork and decision-making, as these are key in the insurance world.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're interested in the scheme and how your background as a Service Leaver makes you a great fit for the role. Be genuine and let your personality come through.
Showcase Your Skills:In your application, don’t just list your skills—show us how you've used them in real situations. Whether it's problem-solving or project management, give examples that demonstrate your capabilities and readiness for the role.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the info you need about the scheme there!
How to prepare for a job interview at Liberty Specialty Markets
✨Know Your Transferable Skills
Before the interview, take some time to reflect on your military experience and how it translates to the insurance industry. Be ready to discuss specific examples of decision-making, teamwork, and accountability that showcase your strengths.
✨Research the Company
Familiarise yourself with Liberty Specialty Markets and their approach to underwriting and operations. Understanding their values and recent developments will help you tailor your responses and show genuine interest in the role.
✨Prepare Questions
Think of insightful questions to ask during the interview. This could be about the rotational placements or how they support veterans transitioning into civilian roles. It shows you're engaged and eager to learn more about the company.
✨Practice Your Communication Skills
Since excellent communication is key, practice articulating your thoughts clearly and confidently. You might want to do mock interviews with friends or family to get comfortable discussing your experiences and aspirations.
