Rating
- 1. Please give an overview of your role and what this involves on a day-to-day basis:
- 2. Have you learnt any new skills or developed existing skills?
- 3. To what extent do you enjoy your programme?
- 4. How valued do you feel by Lloyd's of London?
- 5. How well organised/structured is your programme?
- 6a. How much support do you receive from your training provider?
- 6b. How much support do you receive from your employer?
- 7. How well does your salary/package meet your costs?
- 8. Are there many opportunities outside of work?
- 9. Would you recommend Lloyd's of London to a friend?
- 9b. Why?
- 10. What tips or advice would you give to others applying to Lloyd's of London?
My current role is within the Political Risk and Credit department in the Country and Credit Risk Management team. Day to day my main focus is completing country models which involve heavily researching and analysing data and putting it into the model - the outcome is to come to a country grade. These are then fed back to the department in fortnightly presentations.
I have learnt and developed upon many skills whilst on my apprenticeship. One area where I have devloped existing skills is in the use of Microsoft Office - particularly Excel and Word - where my ability to use these progams has significantly increased. I've also developed a number of insuarance specific skills and knowledge which I did not have any of prior to the start of this apprenticeship.
I definately enjoy the Lloyd's Apprenticeship program. Having just begun my second placement, I feel as though I the experience I am gaining is excellent and I wouldnt have the same opportunities if I was not on the program. I enjoy going to work every day which I would say is a good indication that I enjoy the programme!
I feel valued by Lloyd's becuase they have invested a lot in us. Since I am not directly working within Lloyd's but within the insurance market, the fact that Lloyd's is willing to employ 13 apprentices and provide them with the best experience possible shows how much they value us as apprentices and for young people entering the market.
The program is very well organised, and encorporates a lot into the 18 months. The placements are well selected and there is good communication between the two employers which ensures the structure of the program is well carried out.
They offer good support - if there was ever an issue then they would be there to help. Due to the fact that I do not work directly with my employer day to day, this is even more important. Lots of training/learning support is also offered.
My salary meets my costs fairly well, but working in London comes with significantly higher costs for travel etc. I appreciate it is a good salary for an apprentice. Doesn't leave too much lett for shopping!
There have been lots of opportunities outside of work both within Lloyd's and at my placements, such as clubs and charity events.
Yes
I would recomment the Lloyd's Apprenticeship program to any school leaver becuase it provides such unique and fantastic experience within the insurance industry and provides a real alternative to university for those who wish to gain experience as well as studing.
You don't need to know a lot about insurance or know anybody who works in it to make the most of the scheme. I didn't know anything before I began and that hasn't hindered me whatsoever.
Details
Higher Level Apprenticeship
Finance
Central London & City
May 2015