Delegated Authorities Intern Review

I thoroughly enjoyed my 8-week internship and would recommend to all regardless of degree background. The Lloyd's market is truly about building relationships and I feel like I came away with some valuable experiences and friendships.

I think I integrated into the team quickly and was given responsibility to work independently, I also felt my input was always welcomed.

My supervisor was very approachable and helpful. All team members were available to answer any queries or suggestions.

There were some quieter periods this is partly because during the summer a lot of market participants are on holiday so the workload for the department (Delegated Authorities) was lighter. During the first month, there was enough work to keep busy, but as my efficiency improved workload diminished and could normally have most work for the day done by mid afternoon. Some other interns had higher workloads in other departments

My job involved assessing whether coverholders and Managing agents/ Brokers had met certain regulatory requirements, I was quickly given full autonomy to approve requested changes. The team definitely trusted you to make your own judgement and know when to consult a colleague.

I developed my communication skills, liaising with various people was part of the day-to-day job. I improved my organisational skills as multiple tasks would be at different stages, and have different internal deadlines (managed through ATLAS) therefore the ability to prioritise work was paramount.

I was in a young team, it was a fun and friendly place to work. One thing about Lloyd's (and insurance in general) is everyone knows everyone, by talking to people you can get a much deeper insight into the market than you would from just your experience within your department. The low lighting, low ceilings are not to everyone's taste (on Level 5)!

The HR talent manager had clearly put a lot of time and effort refining the internship, it ran smoothly with no real hiccups. I may be wrong but the department allocation seemed somewhat random, it would have been nice to have been given some sort of preference as different departments have very different types of work i.e I did very very little work on excel whereas others were mostly excel based.

There was an induction day and an excel training session which was helpful. People were very willing to help you learn and get the most out of the internship

Yes, I hope I will be joining the graduate scheme next year, the Lloyd's market can be a little elusive from an outsider as it's set up is fairly complex, gaining an appreciation of how it works and the role Lloyd's plays definitely enhances employment prospects for the future whether that be with broker or managing agents. Lloyd's aims to prepare people for careers in the market and hence future prospects are very varied.

Yes, the Grads were extremely welcoming and put on a few events. Amongst the interns we went for drinks after work at least twice a week. Being in the City there is so many bars and pubs on your doorstep ( One Under Lime is a bar part of Lloyd's building)

It's London so yes renting ate away heavily at my pay packet. Add in other cost like a monthly zone 1-2 travelcard and costs can stack up. I was unfortunate as was paying Uni rent on top so was more squeezed than those who lived/studied in London

As I have said above plenty of bars, went on two boat parties down the Thames and an insurers event in Shoreditch.

There were networking opportunities and social events, Sporting/charity events were available to those interested