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 for 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 leavers with transferable skills and a proactive attitude.
The predicted salary is between 18000 - 25000 £ per year.
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.
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.
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.
- A supportive transition into civilian employment.
- Practical experience within a large insurance business.
- Training and development opportunities.
Military Placement Scheme employer: Liberty Specialty Markets
Liberty Specialty Markets is an exceptional employer for veterans seeking to transition into the insurance industry, offering a structured Military Placement Scheme in London that provides hands-on experience across various business teams. With a strong focus on employee development, participants benefit from tailored rotations, mentorship, and the opportunity to explore long-term career paths within a supportive work culture that values teamwork and innovation. The scheme not only equips veterans with practical skills but also fosters a sense of belonging in a dynamic and regulated environment.
StudySmarter Expert Advice🤫
We think this is how you could land Military Placement Scheme
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who have been through similar transitions. They can offer insights and might even know of opportunities that aren't advertised yet.
✨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 effectively in 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. Plus, it shows you're genuinely interested in joining our team and the Veterans’ Placement Scheme.
We think you need these skills to ace Military Placement Scheme
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with 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 veteran 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.
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, it shows you’re proactive!
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 and Role
Familiarise yourself with Liberty Specialty Markets and their approach to underwriting and operations. Understanding their values and how they align with your own will help you articulate why you're a good fit for the placement scheme.
✨Prepare Questions to Ask
Interviews are a two-way street! Prepare thoughtful questions about the rotational programme, team dynamics, and potential career paths within the company. This shows your genuine interest and helps you assess if it's the right fit for you.
✨Show Enthusiasm and Proactivity
During the interview, express your eagerness to learn and contribute. Highlight your proactive attitude towards exploring various career paths in insurance, and be ready to share any innovative ideas you might have based on your observations from previous roles.
