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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 with industry experts, and pave your way to a successful career.
- Qualifications: Must have a Business Management degree or related field, 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
Applicants should have a Business Management or related degree, 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 work on a diverse range of IT projects, surrounded by industry-leading experts. This provides the opportunity to fulfill your career goals while being part of an established global company. You will have significant responsibilities from day one, working in high-performing teams and delivering client-facing tasks. As you progress, you will develop your skills, increase your responsibilities, and engage with larger, more stimulating projects.
The DXC Academic Programme offers you:
- A stimulating 2-3 year programme with a company positioned for growth and innovation
- Opportunities to collaborate with senior leaders on various projects
- The potential to fast-track your career through our internal training and mentorship programmes
- A dedicated people manager and an assigned buddy to support your journey
- A variety of social and cultural activities to enhance your networking and teambuilding skills
- For Degree Apprentices, day release to partnering Universities for degree completion
- For Modern Apprentices, day release for coursework with relevant training to gain your Apprenticeship qualification
DXC is an equal opportunities employer. All applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, veteran status, disability, or neurodiversity.
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 already working in the industry. Attend relevant events or webinars to connect with people from Velonetic or similar companies, as personal connections can often lead to job opportunities.
✨Tip Number 3
Stay updated on the latest developments in digital platforms within the insurance sector. Being knowledgeable about how technology is transforming the industry can set you apart as a candidate who is forward-thinking.
✨Tip Number 4
Prepare for potential assessments or group exercises that may be part of the selection process. Practising these scenarios can boost your confidence and demonstrate your teamwork and problem-solving skills effectively.
We think you need these skills to ace Business Graduate
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Business Graduate Programme. Understand the key responsibilities and required qualifications, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant coursework, internships, or projects related to business management or the insurance industry. This will demonstrate your passion and preparedness for the role.
Craft a Compelling Cover Letter: Write a personalised cover letter that explains why you are interested in the Business Graduate Programme at Velonetic. Mention specific aspects of the company and programme that excite you, and how your background aligns with 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, which are crucial in the business field.
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 how you've handled situations in the past. Use the STAR method (Situation, Task, Action, Result) to structure your answers, highlighting relevant experiences from your studies or internships that demonstrate your skills and adaptability.
✨Show Enthusiasm for the Industry
Express your excitement about the London Market insurance sector and your eagerness to learn. Discuss any relevant coursework or projects that have prepared you for this role, and convey your passion for contributing to the company's growth and innovation.
✨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 future projects. This shows your engagement and helps you determine if the role is a good fit for you.
