We are not currently accepting applications for the Markel University, however, future postions will be advertised on our website and in graduate web-based and hard copy publications.
Applying for your first job after university can be a daunting experience. We, at Markel International, believe that it is a good idea to get a broad experience of the industry you are interested working in. The Markel University is a 12-month rotational programme aimed at graduates, providing an introduction to the insurance industry and to the Markel culture and way of doing business.
Over a 12-month period, you will be placed in different areas of the Company for varying lengths of time. Each of the departments offer diverse challenges, different areas of learning and development and various career opportunities.
2004 is the first year Markel International has offered a graduate programme. It is important that you understand our culture, as defined in the Markel Style, before applying for a position with us.
What will the Markel University give you?
Markel International is one of the leading companies in the London and regional General Insurance Market. We have established a reputation of excellence in the market for a number of reasons: the products we write; our principles and standards; and our innovative approach to resolving or managing traditional market issues.
By spending time in different areas of the business you will be able to make a much more informed decision about your future career. We will have had an opportunity to get to know you, and you will have had the opportunity to learn about the insurance industry, and more importantly, about Markel. It is on this basis you can then make your career decisions and we can discuss opportunities within the Company.
Each graduate will have a mentor within the organisation to provide support during the 12 months. They will not only be there to help you 'find your feet' during your first few weeks, but will also act as a sounding board to, for example, explain complex insurance terminology and processes, and, of course, introduce you to the local lunchtime eateries, shops and bars close to the office.
Details on the rotation:
- Underwriting Support (4 weeks) : To learn the processes and procedures supporting all front-line processes. To include time at Lloyd's working with Underwriting Assistants at the Box.
- Underwriting Division (12 weeks) : To understand the nature of the products written in that division plus undertake a project, which would be of assistance to the Underwriters.
- Business Accounting (5 weeks) : To understand the collections and allocation process for premiums and other monies owed.
- Claims (12 weeks) : Placed in a different division to your underwriting placement, working with the Claims Adjusters and Administrators to understand the process of assessing, adjusting and paying / rejecting a claim.
- Outwards Reinsurance (5 weeks) : To understand the placement and collection of reinsurance.
- Special Projects (6 weeks) : To understand the importance of the legacy and run-off business and the impact this can have on the on-going operation. To gain an understanding of some of the market issues faced from historic business including dispute resolution, commutations, audit and inspections and market-wide claims issues including LMX, Asbestos, Pollution & Health Hazard.
- Regional Offices (3 weeks) :To work in at least one regional office, in order to understand the differences between the London and regional operations. To include gaining an insight to all areas of the business, and visiting clients and brokers with the underwriters. (Weeks do not need to be completed consecutively).
You will also be expected to pass your Lloyd's Introductory Test shortly after starting with us and to make good progress in your Advanced Diploma in Insurance (ACII). Markel provides study support for all professional qualifications and has a generous training award scheme on completion of certain stages of your qualification.
What will you provide Markel with?
The Markel Style will provide you with a general understanding of the way in which we do business and, therefore, the types of behaviours we seek from our employees. We consider the following behaviours to be particularly important, and will explore these further during the interview process:
- Customer Focus
- Communications
- Effectiveness
- Integrity
- Teamwork
- Execution
- Analysis
In addition you will have achieved the following:
- A minimum of 8 GCSEs or equivalent (grades C and above) including Maths and English at grades A or B
- A minimum of 2 A Levels or equivalent at grades C or above
- At least a 2:1 undergraduate degree (degree discipline is not a deciding factor)
Application Procedure
We are not currently accepting applications for the Markel University, however, future postions will be advertised on our website as well as in graduate web-based and hard copy publications.