Markel School Leaver programme – Portfolio Development and Support

by Markel International

Job Details

14th January 2022
Competitive
Apprenticeship - Advanced Level (Level 3)
Insurance
London

Markel School Leaver programme – Portfolio Development and Support

The team

The Portfolio Development & Support (PDS) team is a function that sits across all Divisions within the Markel International (MINT) Wholesale business which operates across London and Asian platforms. Its focus is on areas that are critical to the success of a specialty lines insurer: Governance & Oversight, Data, Analytics & Insights, Pricing, Portfolio Management, and Process & Technology.

The PDS team provides support to the following Divisions within MINT Wholesale:

  • Cyber writes many differing types of business and industry areas for cyber coverage.
  • Energy provides coverage on a worldwide basis for all aspects of upstream, midstream and downstream oil and gas activities as well as renewable energy.
  • Equine provides coverage for Bloodstock and Livestock risks worldwide.
  • Marine provides coverage for liability, hull, war, terrorism, specie and cargo risks worldwide.
  • Professional and Financial Risks (PFR) underwrites business worldwide and covers traditional and emerging professional indemnity, management liability, financial institutions as well as specialist risk areas such as patents and libel & slander.
  • Trade Credit, Political Risk and Surety (TCPRS) underwrites a variety of trade and investment-related risks using expert knowledge of commercial counterparty and country risks across a wide variety of trade sectors and geographies.

What will you be doing?

Our PDS school leaver programme is a great opportunity for those that don’t wish to go to university. Make a head start in your career and earn while you learn as we provide you with everything that you need to be successful at Markel. You’ll spend your 18-month programme working as part of the technical team that creates and maintains pricing models as well as well as finding insights from our data. This means you’ll be talking to underwriters throughout Markel Wholesale covering everything from cyber to renewable insurance and supporting them in making critical underwriting decisions with the models they use every day. PDS delivers its work by partnering with colleagues across the business so you’ll get exposure to IT, actuarial, and claims teams too. Regularly working on our pricing tools and technology, you’ll become an advanced Excel user and get experience with code as well as getting familiar with other software. You’ll also be working on large sets of data, doing analysis to improve models and support strategic decision making. If you have a logical mindset and enjoy working Excel, data, and technology then this is the role for you!

In addition to on-the-job training, you’ll also be studying towards your Level 3 Data Technician Apprenticeship.

What happens after the programme?

We are committed to you and your career, and so our school leaver roles are permanent roles from day one. Once you’ve completed your programme, we’ll continue to support you and as you develop your career within our PDS team!

Could you be a good fit?

What we look for

  • 3 A Levels Grade C or above (or equivalent qualification)
  • GCSE Maths and English Grade 4 or above (or equivalent qualification)
  • Proven eligibility to work in in the UK

The Markel Style

Pursuit of excellence

  • Consistently provides quality work products
  • Adapts behaviour to reflect the style of others to foster effective working relationships
  • Finds the most efficient and practical means of overcoming challenges

Customer focus

  • Actively looks for solutions to customer problems
  • Seeks to further knowledge of customer needs
  • Builds relationships with customers and responds to needs by demonstrating tact, empathy and professionalism

Business results

  • Seeks the best and most direct option to accomplish tasks
  • Demonstrates effective organisation skills
  • Applies logic and draws accurate conclusions from information

Collaboration

  • Helps others succeed
  • Approaches change in a positive manner
  • Listens for and acts on key information

Strong foundations

  • Holds self and others accountable to ethical standards
  • Takes ownership and accountability for own development
  • Shows accountability and resilience in achieving goals

Assessment process

There will be four stages to the assessment process:

Online application

First up, you’ll need to complete an online application form. We really want to get to know you and understand why you want to work with us and so we’ll ask you to answer three questions. You will notice that we don’t ask for CVs. Our programmes are designed for people who are at the early stages of their career; you may have worked part time alongside your studies, have had some professional work experience or you may never have worked before and this would be your first job. CVs are great for listing out all of your work experience, but work experience isn’t essential for our programmes. We want to get to know who you are, what motivates you and how you like to work and we don’t believe that you get all of this from a CV. Don’t worry though, you will have plenty of opportunity throughout the assessment process to share your experiences and achievements!

We also know that unconscious bias can influence a recruitment process and so we’re only asking for the information that is relevant to the job role itself. CVs often contain personal or irrelevant information and so, by removing them, we will be able to minimise any unconscious bias, ensuring that our processes are as inclusive as possible.

Video Interview

Our assessors will review your application and, if you’ve met the requirements, you’ll be sent a link with instructions to record and submit your answers to three interview questions. This is a great opportunity to demonstrate your strengths, achievements and experiences through the examples that you provide.

Assessment Centre

The next stage of the process will be an invitation to an assessment centre. The assessment centres will include a number of individual and group activities. We want to set you up for success and so we’ll send you an information pack ahead of the assessment centre so you’ll know what to prepare for.

Assessment centres are also a great way for you to learn about who we are and to understand if we are a good fit for you, so please feel free to ask questions!

Final interviews and offers

Occasionally there may be an additional final interview after the assessment centre (so that you can meet other members in the team). After this, the managers make their decision and offers are made! Successful candidates will then start on the scheme the following September. For those that are unsuccessful, we will give you a call to give you feedback to help you with your future

Have questions? Email rec@markel.com to request a copy of our FAQs!

About Markel

Markel International is an international insurance company with offices in 17 countries, across the UK, Europe, Canada, and Asia Pacific. Markel International is a division of Markel Corporation (NYSE – MKL), a fortune 500 company.

From insurance to reinsurance to fronting, we help our customers manage life's most complex risks. In each of our businesses, we seek to deliver innovative products and responsive customer service so that we can be a market leader. Markel offers specialty insurance for a variety of niche businesses across the globe.

How to apply

To apply for this role and to find out more, please click on the apply button.

Applications may close before the deadline, so please apply early to avoid disappointment.


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