Association of British Insurers

7.7 /10 4 reviews
Opportunities Offered:
Placement Year (10 Months+)
Sectors:
Banking/Finance Charity/Non Profit

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About The Association of British Insurers

The Association of British Insurers is the voice of the UK’s world leading insurance and long-term savings industry.
A productive, inclusive and thriving sector, we are an industry that provides peace of mind to households and businesses across the UK and powers the growth of local and regional economies by enabling trade, risk taking, investment and innovation.

We develop policy solutions for challenges facing society where our industry has a role to play – think how to insure automated cars and giving the public more transparency around their pensions, to name just a few. As a forward-thinking organisation, we work with government, regulators and policymakers, both in the UK and internationally, to ensure the insurance and long-term savings industry meets the needs of the public to the highest standard.

We are the leading trade association for driving positive policy and regulation change in the insurance and long-term savings industry – benefiting both our 250 members and their UK customers.

What you do here will make a difference

You’ll impact the lives of the UK public. 
Insurance and long term savings affects us all in one way or another and is a hugely important part of the UK economy. By joining the ABI, you’ll help our members offer the best, fairest and most transparent products and information to UK customers. You’ll also do you bit to support a British success story as our sector is a world leader. We’ve been instrumental in setting up practical organisations to provide solutions for people and the industry such Flood Re which makes sure flood insurance is affordable and we’ve driven forward the concept of a Pensions Dashboard so that in future, people can see all their pension savings in one place. We also campaign to keep insurance as affordable as possible and we prevented a rise in insurance premium tax in the Budget 2017 with our award-winning #IPTsUNFAIR campaign video and sustained engagement with Government.

You’ll make sure our members get the inside track. 
What’s unique about the ABI is the relationships we have with government departments, regulators, stakeholders and our members. In order to be effective, we have to be right there when news breaks – and make the impact of it on the insurance industry easily understood. In 2017, the ABI conducted 138 broadcast interviews, and had over 8,500 press mentions. We held over 100 meetings with parliamentarians and ministers and gave evidence to 12 Parliamentary Committees

You’ll help get the right people together. 
Members take part in 85 committees and working groups where they can discuss and contribute to shaping policy. We also host regular events for our members, government bodies and regulators. These cover everything from Brexit to Autonomous Vehicles to cyber security, as well as events supporting those new to the industry and last year we welcomed nearly 2.500 delegates to our events. In 2017, we launched our Talent and Diversity network where we meet with members to share ideas around how we can best support diversity and inclusion in our industry and we reach out to colleagues just joining our sector with events targeting ambitious young professionals.

How we work

We’re a collaborative bunch and work in a fast paced, friendly, open plan office in the heart of the City (don’t get us started on how good our view is). We work hard but have lots of fun along the way – think cheering loudly at each other during cyclothons, annual (and highly competitive) pétanque tournaments, crazy golf and daily drop ins to HR and Finance for a biscuit. Being a team of under 100, everyone knows everyone and the moment you step out of the lift on your first day, you’re guaranteed a warm welcome.

Benefits

We have daily fresh fruit, a buddy scheme and a terrace with incredible views of the City. In addition, our Sports and Social Committee arrange fantastic events throughout the year. Check out some of the photos on our Instagram.

Our employee benefits package includes:

  • 25 days annual leave
  • Group Personal Pension Plan paying a sum equal to 8% of your annual salary into the plan each month
  • Death in Service/Life Assurance Scheme
  • Income Protection Insurance Scheme
  • Annual BUPA health checks
  • Season Ticket Loan
  • Employee Assistance Programme
  • Annual eye test

As well as our core benefits, we also offer additional benefits which employees can purchase at any time, these include:

  • Additional annual leave
  • Discounted and subsidised gym membership
  • Dental insurance cover
  • Childcare vouchers
  • Cycle to Work scheme

In addition, we have company Maternity, Adoption and Shared Parental Leave policies. We also offer Long Service Awards to celebrate particular work anniversaries.

Diversity & Inclusion

Our industry is changing. The insurance industry is leading the way on diversity and inclusion in the Financial Service sector.
At the ABI, we see it as vital that we are a role model for our members. We’re an active voice in our sector and have signed up to various initiatives including the Women in Finance Charter and partnering with OUTstanding who support LGBT+ inclusion in business. In 2017, we also we launched a Talent and Diversity network where we meet with our members to share ideas around how we can best support diversity and inclusion in our industry.

With regards to recruitment, we appoint the best person for the job, and selection will be against requirements and person specification that is relevant to the position. There will be no discrimination, and all candidates will be treated in fair, timely and courteous way.

We are proud to be London Living Wage employer and all of our placements, internships and apprenticeships are paid accordingly.

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Association of British Insurers Latest Reviews

  • Member Relations Intern

    I really enjoyed my time at the ABI - it's a great place to work with lots of opportunities for development....

    7.8/10

    The Role
    8.8
    Organisation
    8.4
    Socialising
    5.8
  • Data & Analytics Assistant

    I thoroughly enjoyed my placement at the Association of British Insurers (ABI) as I found it incredibly insightful working on the various reports, communicating with delegates and attending both inter...

    8.1/10

    The Role
    8.7
    Organisation
    8.0
    Socialising
    7.5
  • Public Affairs Intern

    I have really enjoyed this placement. I have got a lot of experience in politics and public affairs and have done a lot of interesting and varied work. It’s been a great opportunity to contextualise...

    7.9/10

    The Role
    8.0
    Organisation
    7.8
    Socialising
    7.0

Facts and Figures

2

Number of Placements Available This Year