Supply Placement Student Programme 2025
11 hours ago
London
Are you in your penultimate year at university and looking to complete a Placement year? We are offering students with an interest in (Re)insurance the chance to kick-start an amazing career in the industry! As part of the Liberty Mutual Insurance Group (LMIG), our global, award-winning business strives to make the world a safer place by providing continuity in an unpredictable world. The Liberty International Insurance (LII) and Liberty Mutual Reinsurance (LMRe) Placement Year Programs offers you the chance to shape and influence your own career path, as well as complete a Financial Administrator Level 3 apprenticeship, and the London Market Module (LM1) which is part of the Cert CII qualification. The Placement Programme Our program me will provide insight into how our high-performing, global organisation operates within the insurance industry. You’ll have the opportunity to work within one team throughout your year within one of our Supply functions. You will have the opportunity to apply your knowledge, skills, and insights in a real-world setting, joining a business area that aligns with your interests and abilities. During your placement, you’ll gain hands-on experience with exciting projects across different areas and have exposure to departments such as Operations, MI, Exposure Management, and IT. Supply functions are the internal functions that keep the business running - handling operations, administration, finance, risk controls, data and process improvement so customer-facing teams can work efficiently. We also have our Demand pillars, the outward‑facing teams that interact with clients and generate revenue (for example, Underwriting, Claims and Portfolio Management). As you will be working within our Supply function some of the teams that you may be placed in are: Operations • Ensures smooth business operations by working across multiple functions to support growth and innovation., • Helps improve processes to drive efficiency and project delivery. Management Information (MI) and Analytics • Insights Team: Acts as the face of the MI department, liaising with the business to understand and meet its data needs., • MI Services: A technical team responsible for maintaining and creating databases., • Governance Team: Ensures data management policies and compliance., • Reconciliation Team: Manages data reconciliation processes. Exposure Management • Supports Underwriting teams with modeling of natural catastrophe (e.g., earthquake, windstorm) and non-catastrophe risks (e.g., terrorism)., • Assists in decision-making for underwriting and pricing, helping to optimize portfolios, manage risk limits, and provide post-event loss estimates., • Collaborates with various departments across the business., • Preferred background: Natural Science, Geography, Mathematics, Science, or Business; proficiency in Excel is a plus. Information Technology • The functions are co-accountable for delivering and running Digital and Technology Capability and Services across Liberty., • LII (Liberty International Insurance) Technology works closely with Global Risk Solutions (GRS) technology teams to deliver innovative solutions and capabilities that leverage our technical expertise, business understanding and partnerships to enable market-leading performance worldwide. For visibility, some of our Demand functions include: Underwriting • Underwriters assess risk and work with brokers to create policies that balance clients’ needs with company risk., • Exposure to various lines of business, such as Marine, Construction, and Property insurance, offering insight into diverse insurance practices. Portfolio Management • Supports the underwriting process by analysing risk profiles and creating tailored insurance solutions for clients., • Offers exposure to various lines of business and portfolio management strategies., • Works with experienced underwriters to balance profitability and risk. Claims • Engages in managing insurance claims, from assessing losses to negotiating settlements with clients., • Collaborates with underwriters, brokers, and legal teams to resolve complex claims, gaining insight into the claims process’s impact on client relationships and the business. Surety • Surety bonds and guarantees provide financial security in business transactions., • The surety market is strong in regions with major construction and infrastructure projects (North America, Europe, APAC)., • Leading surety providers are large insurance groups, with Liberty Mutual as the global leader and London as a key underwriting hub for non-US deals., • A career in surety offers skills in credit analysis, industry expertise, legal documentation, communication, and negotiation, • Surety underwriters build relationships with global corporations, including C-suite executives., • Responsibilities include business development, underwriting, credit committee presentations, client relations, and claims management. What You Can Expect: Throughout your Placement Year, you’ll experience what it’s like to work at LII/LMRe. You’ll be welcomed into a team and work on live projects with skilled and experienced colleagues, giving you the chance to dive in, take initiative, and make a real impact. We offer an initial training program along with tailored development, networking, and mentoring opportunities. These will provide you with the industry knowledge and exposure to our international locations and global industry leaders necessary for success. While on placement, you’ll receive a competitive salary, with the opportunity to secure a place on our graduate program upon successful completion. If you’re seeking an exciting challenge and have an interest in building a career with LII/LMRe, within one of our Supply functions, we encourage you to apply! What You Need to Succeed: We’re looking for university students in their penultimate year, predicted to achieve a 2:1 or equivalent, who: • Are creative, innovative, and digitally oriented, embracing new ideas to futureproof our business, • Are open-minded, resilient, and focused on building sustainable, collaborative relationships., • Possess a passion for data-driven analytics and a talent for transforming complex data into actionable business insights., • Are fluent in English, both written and verbal (additional languages are a plus)., • Have the right to work in the UK. What We Can Offer You: At LII/LMRe, we value diversity, inclusion, and collaboration. We actively encourage students from varied backgrounds, including those with disabilities, to apply. We know that bringing together diverse perspectives helps us make better decisions, deliver innovative solutions, and reach our goals. As part of Liberty Mutual Insurance Group, we benefit from the strength of approximately 45,000 employees across 800+ offices worldwide, enjoying a culture of inclusivity, long-term stability, and financial strength. We are an equal-opportunity employer, committed to a healthy work-life balance, corporate social responsibility, and ESG initiatives across our business. In addition to a competitive benefits package, we reward individuals based on performance, ability, and attitude. Recruitment Timeline: • January 2026: Online applications close, • January-February 2026: Online assessment and interview, • February-March 2026: Assessment Centers, • March 2026: Offers issued to successful candidates, • July 2026: Placement year start Apply now to kick-start your career with us!