At a Glance
- Tasks: Gain hands-on experience in procurement and finance while supporting strategic meetings and supplier research.
- Company: Join Enstar, a leader in business transformation and change management, committed to innovation and inclusivity.
- Benefits: Enjoy a paid internship with flexible remote work options and opportunities for professional growth.
- Other info: Participate in a two-day live insurance simulation and engage in virtual workshops.
- Why this job: Kickstart your career in a dynamic environment that values collaboration, diversity, and continuous development.
- Qualifications: Must be studying or have a degree in Business, Procurement, or Finance; proactive and detail-oriented.
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.
Risk Graduate Programme in London employer: London Insurance Life
At Enstar, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive work culture that champions diversity and professional growth. Our London office provides a dynamic environment where interns can engage in meaningful projects, collaborate with industry leaders, and develop essential skills in business transformation and change management, all while enjoying the flexibility of a hybrid work model.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Graduate Programme in London
✨Tip Number 1
Familiarise yourself with procurement and finance processes, especially in SMEs. Understanding how these functions operate will give you a solid foundation to discuss during interviews and demonstrate your proactive interest in the role.
✨Tip Number 2
Network with professionals in the industry, particularly those involved in procurement and finance. Attend relevant events or webinars to gain insights and make connections that could help you stand out as a candidate.
✨Tip Number 3
Brush up on your analytical skills and be prepared to discuss how you can identify cost-saving opportunities. Consider examples from your studies or previous experiences where you've successfully analysed data or processes.
✨Tip Number 4
Showcase your organisational skills by preparing questions about the internship programme and the company. This not only demonstrates your curiosity but also your ability to manage conflicting priorities effectively.
We think you need these skills to ace Risk Graduate Programme in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experiences and skills that align with the Risk Graduate 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, such as the opportunity to work on cost-saving initiatives or shadow strategic meetings.
Highlight Relevant Skills:In your application, focus on skills mentioned in the job description, such as analytical skills, attention to detail, and the ability to multitask. Provide examples of how you've demonstrated these skills in past experiences.
Prepare for Online Assessments:Since the selection process includes an online test and video interview, practice situational judgement and problem-solving questions. Familiarise yourself with common interview questions related to business transformation and change management.
How to prepare for a job interview at London Insurance Life
✨Research the Company
Before your interview, take some time to learn about the company’s values, mission, and recent developments. This will not only help you understand their culture but also allow you to tailor your answers to align with their goals.
✨Understand the Role
Make sure you have a solid grasp of the responsibilities outlined in the job description. Be prepared to discuss how your skills and experiences relate to the tasks you'll be undertaking, especially in procurement and finance.
✨Prepare Questions
Have a list of thoughtful questions ready to ask your interviewers. This shows your interest in the role and helps you gauge if the company is the right fit for you. Consider asking about team dynamics or opportunities for professional development.
✨Show Your Analytical Skills
Since the role involves identifying cost-saving opportunities and supporting financial processes, be ready to discuss any relevant experiences where you've used analytical skills to solve problems or improve processes.
