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, networking events, and potential career fast-tracking.
- Why this job: Experience diverse roles, gain industry insights, 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 needed.
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 fulfil 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 landscape. Understanding key players, trends, and challenges in the industry will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals already working in the London Market. Attend industry events or webinars to connect with potential colleagues and gain insights into the company culture at Velonetic.
✨Tip Number 3
Prepare for situational interview questions by reflecting on your past experiences. Think about how you've handled challenges or worked in teams, as these examples will be valuable in showcasing your skills.
✨Tip Number 4
Stay updated on current events related to insurance and technology. Being able to discuss recent developments or innovations in the field can set you apart from other candidates and show your enthusiasm for the industry.
We think you need these skills to ace Business Graduate
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand what Velonetic is looking for in a Business Graduate. Highlight key responsibilities and required skills that you can demonstrate in your application.
Tailor Your CV: Customise your CV to reflect your relevant experiences, skills, and education that align with the Business Graduate role. Emphasise any projects or coursework related to business management or the insurance industry.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the London Market insurance and your desire to build a career in this field. Mention specific reasons why you want to join Velonetic and how you can contribute to their goals.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism.
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 projects, and company culture will help you tailor your answers 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 responses, highlighting relevant experiences from your studies or previous roles.
✨Show Enthusiasm for the Industry
Demonstrate your passion for the London Market insurance sector during the interview. Discuss any relevant coursework, internships, or personal projects that have prepared you for a career in this field, and express your eagerness to contribute to innovative solutions.
✨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 company's vision for the future. This shows your engagement and helps you assess if it's the right fit for you.