At a Glance
- Tasks: Handle diverse claims and support Members in the marine insurance sector.
- Company: Join Steamship Mutual, a leading global P&I insurance provider.
- Benefits: Enjoy competitive pay, private healthcare, and a supportive work-life balance.
- Other info: 18-month programme with clear career pathways and ongoing development opportunities.
- Why this job: Kickstart your career with hands-on experience in international marine insurance.
- Qualifications: Recent graduates with strong communication skills and a passion for insurance.
The predicted salary is between 25000 - 32000 £ per year.
Steamship Mutual is a leading Protection and Indemnity (P&I) insurance provider with a global workforce of 250 employees. Our head office is based near Liverpool Street station in London, with offices in Bermuda, Brazil, Cyprus, Greece, Hong Kong, New York, Japan, and Singapore.
We are looking for two highly motivated university graduates to begin a career in claims within the marine insurance sector. As a mutual P&I Club, we insure shipowners and charterers all around the world. While our main office is in London, our presence in major shipping centres enables us to support Members regionally in close collaboration with our London teams.
As part of our claims team, you will be responsible for handling a wide range of claims for our Members. We provide legal and strategic support of the highest standard, drawing on significant in-house expertise. Because we insure liabilities, we often find ourselves participating in and directing complex litigation and arbitration in London and many other jurisdictions worldwide, working alongside external lawyers and technical experts.
Service is at the heart of what we do, and you will play an integral role in promoting and sustaining relationships between the Club and our Members. As a new recruit, you will rotate through each of the three London-based claims teams, spending six months with each, gaining exposure to our Members across the Americas, Europe, and Asia. To ensure you get a well-rounded understanding of P&I insurance, you will also spend time with our Underwriting and Loss Prevention departments, as well as gaining insight into Reinsurance and Finance.
As part of your training, you will be expected to complete at least Modules 1 and 2 of the P&I qualification, the industry’s formal qualification. There will also be plenty of learning and development opportunities throughout the 18-month programme.
We are seeking graduates with a strong academic record, excellent written and verbal communication skills, and a genuine interest in developing a career in insurance and shipping. No prior experience in marine insurance is required; what matters most is your potential. If you have earned your bachelor’s or master’s degree in a discipline that demonstrates the ability to communicate complex ideas in a concise and digestible way, such as law, history, English, Classics, or modern languages, you might be the perfect fit for us.
We are looking for individuals who are eager to learn, have a strong work ethic, and are driven to develop the skills needed for a successful career at Steamship. If you are a clear communicator, have an eye for detail, and enjoy collaborative problem-solving, you are already on the right path.
This is a fantastic opportunity to embark on a career in the world of international marine insurance. From day one, you will gain hands-on experience and valuable industry insight. You will work alongside experienced legal and claims professionals across global markets. This is more than just a job; it is the beginning of a challenging, rewarding, and long-term career. We are committed to supporting your development not only during the programme but throughout your career.
Our 18-month programme starts in Autumn 2026.
Joining our collaborative, supportive, and friendly working environment, you will enjoy a rewarding career with the opportunity to build on your existing skills and knowledge. We offer great work-life balance initiatives, including a competitive hybrid working policy, and a clear and transparent career pathway – offering you continued support with enhancing your skills and creating employment development opportunities.
We offer free educational access to the Protection & Indemnity Qualification, created by the International Group of P&I Clubs, and an attractive benefits package which includes private healthcare. We also provide a competitive health subsidy and access to our comprehensive wellbeing and savings programme throughout the year, to create an environment that supports everyone’s mental and physical health.
Company Values
- Mutuality – ensuring fairness amongst Club Members
- Integrity – upholding high ethical, legal, and regulatory standards
- Safety and Sustainability – contributing to safety of life at sea and the preservation of the environment
- Transparency – building strong relationships based on trust and open communication
- Excellence – enabling our people to realise their full potential as team members, industry experts, leaders, and managers
- Collaborative – embracing flexibility, diversity, and inclusivity
Graduate Claims Executive 18 Months Programme in London employer: Steamship Mutual
Steamship Mutual is an exceptional employer that offers a dynamic and supportive work environment for graduates looking to kickstart their careers in marine insurance. With a structured rotation across three London teams, employees benefit from extensive learning opportunities, mentorship from industry experts, and a clear path for professional growth within a global network. The company's commitment to employee development and its collaborative culture make it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Graduate Claims Executive 18 Months Programme in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Steamship Mutual). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Steamship Mutual. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Graduate Claims Executive 18 Months Programme in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Steamship Mutual.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Steamship Mutual. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Steamship Mutual
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Steamship Mutual to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Steamship Mutual, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Steamship Mutual's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
