Claims Summer Intern
by XL Catlin
Job Details
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Vacancy Description
Catlin Insurance is a global specialist property/casualty insurer and reinsurer underwriting more than 30 classes of business including kidnap & ransom, terrorism, energy and aerospace. We work closely with our brokers and their clients to provide imaginative and effective risk management solutions.
Headquartered in Bermuda and with a team of over 2,400 employees globally we have a presence in every major insurance market including London, Europe, Bermuda, the United States & Latin America, Asia Pacific and Canada.
Whilst our industry and company may not be as well-known as many other banking and finance institutions, we can guarantee that if you take the time to find out more, our proposition will be every bit as compelling.
Our Summer Internship Programme
The Catlin Summer Internship Programme is an exciting opportunity for you to spend 8 weeks with us to gain an invaluable insight into our business as well as the insurance industry.
Open to undergraduates in their penultimate year at university, the programme combines on-the-job learning and formal development and has been designed to enable successful candidates to gain valuable work experience and transferable skills which will help inform future career decisions.
What does the Claims function do?
Every day, the media inundates us with stories of loss, damage and destruction. Working in the Claims team at Catlin, a leading global insurer, you will be on the front line in helping to resolve these situations for people affected by a wide spectrum of risks. From aviation disasters to hurricanes, political risk to professional liability, each claim will require a different approach.
With a network of over 50 international offices, Catlin will provide you with global exposure to risks of varying magnitude and value. Your job will be to help our clients protect their business interests by settling their insurance claims fairly and efficiently, whilst working alongside lawyers, experts and brokers. You will need to employ excellent client-facing skills and technical expertise to manage claims that can be worth millions.
What will you do?
During your 8 week internship you will:
- Assess and evaluate claims, using sharp analysis and expert advice;
- Learn how to investigate and verify the circumstances of a loss;
- Gain experience of the different claims business groups and work alongside experienced claims team members;
- Work with our underwriters, actuaries and catastrophe aggregate managers;
- Understand the importance of investing time in understanding our clients’ needs and the benefit of long-term relationships.
Relationships are central to the world of insurance. An internship at Catlin is your chance to begin to develop a network of valuable contacts by interacting with Catlin staff and external parties.
Who are we looking for?
As a Claims team, our success depends upon clear and effective communication so you will need to be confident, personable and articulate. This challenging and demanding role requires the ability to perform in a pressurised environment, whilst also delivering industry-leading service that incorporates the Catlin values: Teamwork; Integrity; Dignity; Accountability; and Transparency.
We want resourceful problem-solvers and analytical thinkers who can demonstrate adaptability and absolute accuracy, along with sharp numerical and logical skills.
Academic requirements
- Must expect to achieve a 2:2 or above in your undergraduate degree
- Minimum of 280 UCAS points in your top three A-levels (excluding General Studies) or equivalent
The deadline for submission of your online application form for this scheme is 16th February 2015 at 9am, however, to avoid disappointment, we advise you apply as early as possible as we may close schemes early if we receive enough applications.
Please note that you must have successfully passed all online tests by 2nd March 2015 at 5pm.
Summer Internship start date: Monday 29th June 2015.
How to apply
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