Fast-track Insurance Broker Programme in London

Fast-track Insurance Broker Programme in London

London Internship Home office (partial)
London Insurance Life

At a Glance

  • Tasks: Gain hands-on experience in procurement and finance while supporting strategic meetings and projects.
  • Company: Join Enstar, a leader in business transformation and change management, committed to innovation.
  • Benefits: Enjoy a paid internship with flexible remote work options and opportunities for professional growth.
  • Other info: Participate in a live insurance simulation and engage in workshops to enhance your skills.
  • Why this job: Kickstart your career in a diverse, inclusive environment that values collaboration and personal development.
  • Qualifications: Must be studying or have a degree in Business, Procurement, or Finance with a proactive mindset.

Keep updated on the latest jobs in the market. Gain a basic and foundational understanding of the procurement and finance roles in a SME. An overview of the current processes in place and an opportunity to put them into practice, via the use of Payhawk Purchase Orders and the Purchase Authorisation form. Shadow during strategic meetings with internal and external stakeholders and vendors. Support with the RFI/ RFP process. Assist with supplier research. Help with contract management and reviewing of supplier performance. Identify cost-saving opportunities. Within the finance area, support in the clearing of Mailbox and mail traffic management. Assisting with bank reconciliation posting. Paying expenses using Payhawk – access to Payhawk/Netsuite software. Dealing with the finance post received. The intern will deliver a final project that has the potential to contribute to the future direction of the department. This project will showcase what they have learned throughout the internship and highlight areas they have identified for their own personal development.

Role Requirements

  • Currently studying towards or holding a degree in Business, Procurement, or Finance, with a strong interest in cost savings and value-driven spending.
  • An understanding of the procurement function.
  • Proactive and eager to learn.
  • Organised and detail-oriented.
  • Curious about business operations.
  • Strong business acumen.

Skills and Abilities

  • Computer knowledge, including experience using Microsoft programmes.
  • Capable of building relationships.
  • Ability to multitask, take care of conflicting priorities and work well under pressure.
  • Analytical skills.
  • Willingness to take on additional duties and work.
  • Well organised with good attention to detail.
  • Team player with the ability to work on own initiative.

This is a full-time paid internship based in our London office with some flexibility for remote work. By the end of the internship, you will have developed valuable skills to propel your future career.

Responsibilities

  • Participate in a two-day live insurance simulation.
  • Undertake a two-week challenge to identify and propose solutions to business/process issues.
  • Develop your personal brand through various sessions.
  • Engage in virtual workshops on working styles and effective communication.

Eligibility

  • You must be eligible to work in the UK for the entire duration of the programme and be in your penultimate year of undergraduate study.

Selection process

  • Step 1 – Apply online: Start your application online via our website.
  • Step 2 – Online Test and Video Interview: Complete an online test and video interview assessing your situational judgement and problem-solving skills.

Fast-track Insurance Broker Programme in London employer: London Insurance Life

At Enstar, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work environment in our London office. Our summer internship programme not only provides hands-on experience in business transformation and change management but also fosters personal growth through mentorship and collaborative projects. With a strong commitment to diversity and equal opportunities, we empower our interns to thrive and contribute meaningfully to our innovative initiatives.

London Insurance Life

Contact Details:

London Insurance Life Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Fast-track Insurance Broker Programme in London

Tip Number 1

Familiarise yourself with the procurement and finance processes relevant to SMEs. Understanding how these functions operate will not only help you during your internship but also impress your interviewers with your proactive approach.

Tip Number 2

Network with professionals in the insurance and finance sectors. Attend industry events or join online forums to connect with people who can provide insights and potentially refer you to opportunities within Enstar.

Tip Number 3

Showcase your analytical skills by preparing examples of how you've identified cost-saving opportunities in past projects or studies. This will demonstrate your ability to contribute meaningfully to the team.

Tip Number 4

Be ready to discuss your understanding of the RFI/RFP process. Research common practices and challenges in supplier management, as this knowledge will be valuable during interviews and discussions with stakeholders.

We think you need these skills to ace Fast-track Insurance Broker Programme in London

Understanding of Procurement Processes
Basic Financial Acumen
Proficiency in Microsoft Office Suite
Analytical Skills
Attention to Detail
Ability to Multitask
Strong Communication Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights relevant experiences and skills that align with the Fast-track Insurance Broker Programme. Emphasise any coursework or projects related to business, procurement, or finance.

Craft a Compelling Cover Letter:Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific aspects of the programme that excite you and how your background makes you a great fit.

Showcase Relevant Skills:In your application, highlight skills such as analytical thinking, attention to detail, and your ability to multitask. Provide examples from your studies or previous experiences where you've demonstrated these abilities.

Prepare for Online Assessments:Familiarise yourself with common situational judgement tests and problem-solving exercises. Practice online assessments to boost your confidence and improve your performance during the selection process.

How to prepare for a job interview at London Insurance Life

Research the Company

Before your interview, take some time to learn about Enstar and its values. Understand their approach to business transformation and change management, as well as their commitment to inclusivity and diversity. This will help you tailor your responses and show genuine interest.

Showcase Your Analytical Skills

Given the focus on procurement and finance roles, be prepared to discuss your analytical skills. Share examples of how you've used these skills in past experiences, whether in academic projects or previous internships, to identify cost-saving opportunities or improve processes.

Demonstrate Proactivity

Enstar values proactive individuals who are eager to learn. During the interview, highlight instances where you've taken the initiative, whether in group projects or personal endeavours. This will showcase your readiness to contribute positively to the team.

Prepare Questions

At the end of the interview, you'll likely have the chance to ask questions. Prepare thoughtful questions about the internship programme, team dynamics, or specific projects you might work on. This shows your enthusiasm and helps you assess if the role is a good fit for you.