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For Companies At a Glance
- Tasks: Join our Business Graduate Programme and dive into the London Market insurance world.
- Company: Velonetic is a joint venture with DXC Technology, IUA, and Lloyd's of London, innovating in insurance.
- Benefits: Enjoy a 2-3 year programme with mentorship, social activities, and career fast-tracking opportunities.
- Why this job: Gain hands-on experience, work on cutting-edge projects, and build a vibrant career in insurance.
- Qualifications: Must have a Business Management degree, graduating in 2025 with a predicted 2:1 or above.
- Other info: Office attendance required up to 5 days a week; security clearance eligibility is essential.
The predicted salary is between 28800 - 48000 £ per year.
Location - London
Velonetic represents the joint ventures between DXC Technology, the International Underwriting Association (IUA), and Lloyd's of London. We have been operating for over 20 years in the London market (Lloyd's and Company), in both insurance and reinsurance business. Processing over £101 billion worth of premium and claims transactions today, we are building a new digital platform and services that will enable our customers to move transactions and money through the processing lifecycle with greater efficiency and speed.
Our core business services involve performing checks on insurance documents, processing premium transactions, and processing claims transactions.
Job Overview
Our programme is designed for those who are excited about the London Market insurance and eager to build a career in this area. You'll get a front-row seat to the London Market Insurance industry, experiencing different roles and gaining a deep understanding of how the market operates. It's your chance to explore the diverse world of insurance and set the stage for a vibrant and successful career! Upon completing your graduate programme, you'll have the chance to secure a full-time role in the business, paving the way for a bright future in the London Market Insurance industry.
Successful candidates must be able to get to our office location (up to 5 days per week), be eligible to obtain a certain level of Security Clearance as we primarily work on Secure Defence Accounts, therefore dual nationals or Visa Sponsorships are not accepted on our Academics Programme.
Graduate Programme
- Have a Business Management or related business degree.
- You must be due to graduate in 2025 with a predicted 2:1 or above, or have graduated in the last 3 years with a 2:1 or above.
Business Graduate
Within a Business role, you'll have the chance to work on a diverse range of cutting-edge IT projects, surrounded by industry-leading experts. This will provide the opportunity to fulfill your career goals while being part of an established global company. You will have a great deal of responsibility from day one, which will involve working in high-performing teams and delivering client-facing tasks. As you progress in your role at DXC Technology, we envisage you will develop your skills, increase your level of responsibility, and become involved with larger, more stimulating projects.
The DXC Academic Programme offers you:
- A stimulating 2-3 year programme with a company that is well positioned to grow and deliver true innovation and value to our customers.
- Opportunities to collaborate with senior leaders on various projects.
- The potential to fast-track your career through our internal training and mentorship programme.
- A dedicated people manager and assigned buddy, who will help guide and support you through your DXC journey.
- A variety of social and cultural activities to extend your networking and teambuilding skills.
- For our Degree Apprentices, day release to our partnering Universities where you will work towards obtaining the relevant degree.
- For our Modern Apprentices, day release to complete your coursework with the relevant training provided which will help you gain your Apprenticeship qualification.
DXC are an equal opportunities employer, all applicants will be considered for employment without attention to race, colour, religion, sex, sexual orientation, gender identity, veteran, disability, or neurodiversity status.
Business Graduate employer: Velonetic
Contact Detail:
Velonetic Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Graduate
✨Tip Number 1
Familiarise yourself with the London Market insurance sector. Understanding its key players, trends, and challenges will not only help you in interviews but also show your genuine interest in the field.
✨Tip Number 2
Network with professionals in the industry. Attend relevant events or webinars to connect with people who work at Velonetic or similar companies. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare for situational and behavioural interview questions. Think of examples from your academic or work experience that demonstrate your problem-solving skills, teamwork, and adaptability, as these are crucial in a fast-paced environment.
✨Tip Number 4
Stay updated on current events in the insurance and technology sectors. Being knowledgeable about recent developments can help you engage in meaningful conversations during interviews and showcase your enthusiasm for the role.
We think you need these skills to ace Business Graduate
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Business Graduate Programme. Understand the key responsibilities and requirements, especially the need for a Business Management degree and the eligibility for Security Clearance.
Tailor Your CV: Craft your CV to highlight relevant experiences and skills that align with the role. Emphasise any projects or coursework related to business management, insurance, or IT, and ensure your predicted grade is clearly stated.
Write a Compelling Cover Letter: Your cover letter should express your enthusiasm for the London Market insurance industry and the specific programme. Mention why you are interested in Velonetic and how your background makes you a suitable candidate for the role.
Proofread Your Application: Before submitting, double-check your application for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the business environment.
How to prepare for a job interview at Velonetic
✨Research the Company
Before your interview, take some time to learn about Velonetic and its role in the London Market insurance industry. Understanding their services, recent developments, and company culture will help you tailor your responses and show genuine interest.
✨Prepare for Behavioural Questions
Expect questions that assess your problem-solving skills and teamwork abilities. Use the STAR method (Situation, Task, Action, Result) to structure your answers, providing clear examples from your academic or work experiences that demonstrate your capabilities.
✨Show Enthusiasm for the Industry
Express your excitement about the London Market insurance sector and your eagerness to contribute to innovative projects. Discuss any relevant coursework or experiences that have prepared you for a career in this field.
✨Ask Insightful Questions
Prepare thoughtful questions to ask at the end of your interview. Inquire about the graduate programme's structure, opportunities for professional development, or the types of projects you might work on. This shows your engagement and helps you assess if the role is right for you.
