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Underwriting graduate programme

London
London Insurance Life
Underwriter
Posted: 17h ago
Offer description

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The Ryan Specialty Underwriting Internship Program is a hands‑on, immersive summer experience working within one of 6 designated underwriting teams in our London operation. Our program provides interns with meaningful exposure to the specialty insurance industry while developing professional skills through real‑world projects, networking opportunities, and mentorship.

The programme will start on Monday the 28th of June and will run for 8 weeks until Friday the 21st of August and you must be available for this period should you wish to apply. Successful interns will be offered a permanent role within our business for the Summer of 2027 as part of our first graduate cohort.

Applications will close on Monday the 6th April, with final assessment centres taking place in the week of the 26th April.

Location:

London – UK – Fenchurch

What will your job entail?

As an Early Career intern, you will:

* Gain foundational knowledge of Ryan Specialty’s business model, products, and services
* Participate in hands‑on projects that contribute to your assigned team’s goals
* Collaborate with leaders, teammates, and fellow interns in a professional, growth‑oriented environment
* Conduct research, analyse data, and support day‑to‑day operations within your business unit
* Engage in learning sessions, workshops, and department overviews across the organisation
* Participate in networking opportunities and intern events
* Present a capstone or end‑of‑program deliverable showcasing your experience and insights

What We’re Looking For

* Current undergraduate students going into their final year of university
* Interest in the insurance, risk management, financial services, or business operations fields
* Strong communication, analytical, and organisational skills
* Willingness to learn, take initiative, and contribute in a fast‑paced environment
* Ability to work collaboratively across teams
* A growth mindset and curiosity about building a career at Ryan Specialty
* Professional development and leadership exposure
* Opportunity to work within a high‑performance, high‑impact organisation
* Insight into career pathways across various Ryan Specialty business units

Duration

* This is a full‑time, paid summer internship staring on Monday the 29th June for 8 weeks until Friday 21st August. You will be required to be available for the full duration.

The Summer Internship is a fantastic way to gain valuable insight into our global insurance organisation. This is an 8 week programme designed to provide you with an opportunity to learn about the business through on the job experience.

The internship programme will also support you in developing a range of skills that will be helpful to begin your career. Throughout the placement you will be able to undertake important work and projects, bring new ideas and give a fresh perspective to the business.

The internship is made up of three elements; on the job training, a summer intern project and professional skills training:

On the job training

* Mini projects within the team
* Support the business in managing increased workloads
* Job shadowing
* Bring a fresh perspective to solve problems

Alongside work experience running a small project is a great way to develop skills such as:

* Project management
* Problem solving

Professional skills training

* Underpinned by the Markel Competency Model and each training session is aligned to a competency
* Blend of virtual classrooms (courses) and online content (Workday Learning)

What you’ll be doing:

Working with qualified lawyers in the legal team ranging from NQs to General Counsel, assisting on all manner of legal and legal‑adjacent tasks. Our clients are our colleagues across the International division of Markel. We are a small team with a big and varied workload which includes:

* advising on strategic projects such as acquisitions, new products, large disputes;
* working on day‑to‑day queries related to contracts, data protection, underwriting and claims, marketing;
* being curious about new legal developments that might impact our colleagues and industry, and finding ways to mitigate or harness their effects;
* developing methods to work more efficiently using technology and AI, training the business and ourselves.

In some companies we might be described as 'internal legal', or the 'in‑house legal team' and are not to be confused with separate Markel teams including Risk, Compliance and Markel Law.

You will:

* shadow lawyers in the legal team, joining them in meetings where they advise the business;
* conduct legal research using a variety of tools (including AI platforms, such as Harvey);
* assist lawyers in preparing first drafts of legal advice, reports and summarising legal news items;
* become a valued member of the team, attending team meetings and socials, and keep in touch when you move onto your next adventure – our past interns have gone onto training contracts at top city firms and we love to hear about how they are thriving.

You will be based out of our London office. To ensure that you have the best experience, you will be required to be in the office four days per week, with work from home (optional) on a Friday.

What’s in it for you?

* You’ll get support every step of the way – we know that starting out in a new role and industry can be daunting but Markel’s ego‑free environment gives you all the support that you need to go further and achieve great things.
* We are committed to your career – there are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!
* A genuine culture of camaraderie – at Markel, our shared values aren’t buzzwords. We really mean what we say in the Markel Style, and walk the talk, every day.
* Enjoy your free coffee as you admire 360 degree views of London from our office on the 27 th floor of the Walkie Talkie building!
* Be part of our growing early careers community – through 121 buddy support, socials and other events you will have every opportunity to network and build great relationships with your peers both inside and outside of Markel.

Our must-haves:

Markel are looking for candidates who:

* Are collaborative, love building relationships, bring out the best in others, make our culture the stuff of envy.
* Recognise the vital role our work plays in the world and are passionate about playing their part, in any way they can.
* Are always looking for ways to innovate and improve what we do.
* Are proactive and committed to making a meaningful difference every day.
* Penultimate year university student working towards a degree (in any discipline but a law degree would be preferable), with a minimum 2:2 classification.
* Proven eligibility to work in in the UK.
* Basic skills in Microsoft Word and Microsoft Excel.

Introduction to the role and Lloyd’s Market Association (LMA)

The LMA has a training contract opening on its 2026 Legal Trainee Wordings Scheme for an aspiring solicitor who is intrigued by a career in the Lloyd’s insurance market and has recently passed the LPC or SQE.

Throughout the two‑year scheme, you will participate in meaningful work that benefits the market as a whole and develop specialist knowledge of insurance law and the sector, whilst being involved in cross‑market initiatives and joint ventures. An example of the type of pivotal work that you may be in engaged in is the drafting of responses to FCA and PRA consultations, and assisting in the drafting market clauses. You will also complete multiple outplacements within Lloyd’s insurers and a law firm.

You will be the beneficiary of face to face training by insurance market experts – not only will your colleagues be experts in their field but you will also attend relevant sessions from the LMA Academy. The LMA Academy is at the forefront of education for market professionals and is intent upon offering targeted training.

Upon successful completion of the scheme and therefore the training contract, you will have qualified as a solicitor and have a strong insurance focused foundation, having gained a solid understanding of insurance contracts and wordings for the products sold in the Lloyd’s market. A heightened market demand exists for the skills that you will acquire, and the scheme is designed to ensure that you develop those skills in a market setting whilst working toward qualification as a solicitor.

The LMA exists at the very heart of Lloyd’s, a world‑leading global marketplace for complex risk where solutions to challenges are delivered every day. The Lloyd’s Market Association (LMA) represents the interests of all 56 Lloyd’s managing agents and all Lloyd’s members’ agents, who together underwrite approximately £56.2 billion of risk in 2025. You will therefore have the opportunity to grow your network through social events and work assignments.

Job purpose

Gaining hands on experience and knowledge through a structured training contract, you will help support the day to day running of the Legal and Regulatory team. The scheme is designed to provide you with a solid understanding of insurance contracts and wordings for the products sold in the Lloyd’s market and will include a number of outplacements with Lloyd’s insurers, and a law firm. Completion of this scheme will result in qualification as a solicitor and will allow you to take on roles within the insurance industry.

Key accountabilities

As you develop an understanding of how to produce good, standard insurance products, you will;

* Run or assist with the running of LMA committees, which will enable you to get exposure to underwriting, regulatory, legal and claims issues impacting the insurance market.
* Deal with everyday legal issues arising out of the LMA, including contract review and any matters requiring legal input from the underwriting and claims teams at the LMA.
* Liaise closely with the wordings specialists at the LMA, providing legal input on numerous clauses for the marine and non‑marine committees and closely supporting the work of the LMA wordings committee.
* Undertake horizon scanning on legal issues arising worldwide where Lloyd’s does business and assist in preparing responses to regulatory and legal consultations.
* Provide legal and regulatory updates to the LMA membership.
* Liaise with other market organisations such as the Association of British Insurers and IUA.
* Respond to queries from LMA members from time to time.
* Complete placements within a managing agency, law firm or within the Lloyd’s corporation (dependent on suitable positions being available) to learn about different aspects of the insurance industry.
* In addition to the above key accountabilities, you may be required to undertake other duties from time to time as the LMA may reasonably require.

Person specification

Education and qualifications

* Excellent academic record;
* A 2.1 degree; and
* Have passed LPC or full SQE (parts 1 and 2).
* Enthusiastic at all times, even under pressure.
* Ability to quickly assimilate a wealth of information and identify the main issues is critical.
* Able to make well‑reasoned decisions.
* Meticulous attention to detail.
* Strong, productive relationships with colleagues as well as clients are vital to every area of our work and therefore interpersonal skills are paramount too.
* Able to express yourself clearly and succinctly both face‑to‑face and in writing and you’ll know how to tailor your message to your audience, build rapport and be persuasive.
* Ambitious, driven, and inquisitive, and have the resilience to respond well to feedback and adapt to working in a changing environment.
* Proactive to question and challenge, or to put forward practical solutions and ideas that are well thought through.

Experience

None required. Any work experience or internships gained within a legal or insurance environment would be useful, however not essential.

LMA values

The LMA firmly believes that robust values at the heart of the organisation bolster its performance and enable the successful execution of strategy. We have five primary values that we strive to embody across the business in everyday practice. These are:

* Trusted: Our expertise and independence enables us to influence, support and positively impact the market
* Passionate: We are committed to help the market succeed and achieve great outcomes for our members
* United: As a representative voice of our members, we connect and work as a team with our communities to achieve the best outcomes for our members.
* Bold: We strive to be courageous in what we do, allowing us to lead, challenge and think innovatively
* Inclusive: We enrich the marketplace by developing people and seeking ideas from a wide variety of backgrounds, cultures and skills. We embrace a diverse and flexible workplace and take action against non‑inclusive behaviour

By encouraging these values internally, the LMA hopes that they will permeate beyond the business and into the marketplace, helping create a more dynamic, modern, and productive working environment.

Employee benefits

The LMA offers a comprehensive package of employee benefits. These include but are not limited to:

* A competitive pension package with a generous employer contribution.
* An industry‑leading flexible working policy, built on trust. We enable our employees to choose how and where they work, at the LMA’s office in London EC3, or elsewhere in the UK, providing that it suits the interests of our members, the LMA team and themselves. We welcome an open discussion on flexible working and your overall working environment so we can explore solutions that suits both the business and the individual.
* 26 days paid holiday, plus additional leave for key life events such as moving home, your child’s first day at school and your marriage or civil partnership.

Our Finance Graduate Programme will provide you with insights into how our global and high‑performing organisation operates in the Financial Services and Insurance industry.

The two‑year rotational programme provides rotations across different teams such as Accounting Operations, Financial Reporting, Regulatory Reporting and Financial Planning and Analysis, enabling you to learn directly from those teams, have exposure to industry leaders, take part in impactful projects, and do work that really matters. You will also get the opportunity to build a valuable network to help you progress your finance‑career.

This programme will help you develop your core accounting principles; it is highly technical and suited to graduates who are numerate, ambitious, and able to communicate complex ideas. You’ll also have the opportunity to work towards your accounting qualifications (such as ACCA, ACA, CIMA) and you will be enrolled onto a Finance Apprenticeship gaining a further qualification.

Finance at Liberty consists of circa 100 FTE and strives for continuous improvement in all areas and aims for excellent customer service, supported by quality and efficient processes, all operating within a robust control environment.

Finance at Liberty has several key roles:

* To partner the business to enhance decision making with a focus on strategy, planning, analysis, and reporting.
* To utilise our legal entity platform in the most cost and capital efficient manner complimenting and supporting the Liberty strategy
* To ensure that all external financial reporting requirements (statutory, regulatory, tax, capital etc.) are fulfilled
* To report to our US Parent
* To ensure superior management of our investments, cash, and all financial risks
* To give finance operations support to the business and finance

What you need to succeed:

We are looking for recent graduates with a 2:1 or equivalent in a numerate degree (predicted or achieved) and who:

* Are creative, innovative, agile, and digital‑orientated when embracing new ideas to futureproof our business.
* Have high level of computer literacy,
* Have excellent analytical and problem‑solving abilities.
* Are open‑minded, resilient, and relationship‑focused individuals that are keen to build sustainable and collaborative networks by putting people first.
* Have great communication skills, both oral and written
* Have passion and are action‑orientated with an eye for translating complex data driven analytics to help make robust business decisions.
* Have permanent residency in the UK.

What we can offer you:

* Liberty Specialty Markets is part of Liberty Mutual Insurance Group, a leading global insurer. We offer a breadth of world‑class insurance and reinsurance services to brokers and insureds in all major markets.
* Our people are key to our success. That is why we offer a vibrant and inclusive environment and committing to their career development.

Recruitment Timeline:

February 2026: Online applications close
March2026: Online assessment and interview
April 2026: Assessment Centres
October 2026: Programme commencement

If you think you have what it takes to apply or know someone who does please visit our careers website and apply!

Our Actuarial Graduate Programme is now accepting applications, where you will eventually progress into role on our Actuarial Development Programme (ADP) – typically after one-year!

Our Actuarial graduate programme will provide you with insights into how our global and high‑performing organisation operates in the Financial Services and Insurance industry.

You will gain direct experience and knowledge during the programme to kick‑start your Actuarial career. Our development programme offers exposure to exciting projects in our Actuarial teams such as reserving or pricing and analytics.

This programme is highly technical and suited to graduates who are numerate, ambitious, and able to communicate complex ideas. You’ll have the opportunity to work towards the Actuarial qualification, do work that really matters and build your career in Actuarial.

On the Actuarial graduate programme, you will study towards the Institute and Faculty of Actuaries (IFoA) fellowship qualification, and you will have exposure to industry leaders and the opportunity to build a valuable network to help you progress your Actuarial career.

What you need to succeed:

We are looking for recent graduates with a 2:1 or equivalent (predicted or achieved) and who:

* Are creative, innovative, agile, and digital‑orientated when embracing new ideas to futureproof our business.
* Have high level of computer literacy, coding skills would be beneficial.
* Have excellent analytical and problem‑solving abilities.
* Are open‑minded, resilient, and relationship‑focused individuals that are keen to build sustainable and collaborative networks by putting people first.
* Have great communication skills, both oral and written
* Have passion and are action‑orientated with an eye for translating complex data driven analytics to help make robust business decisions.
* Have permanent residency in the UK.

Recruitment Timeline:

February: Online applications close
March: Online assessment and interview
April: Assessment Centres

If you think you have what it takes to apply or know someone who does please visit our careers website and apply!

We believe in an apprenticeship model at RenaissanceRe and have a track record of identifying high potential early career talent and setting them up for success. Our collaborative model thrives on empowering people strategically and tactically. As an Analyst, you will learn by working side‑by‑side with our underwriters, gaining hands‑on experience to develop your understanding of how to make decisions, build client relationships, and manage deals from start to finish. You’ll also work closely with the internal partners who enable our success, including actuaries, risk analysts, weather scientists, IT, operations, finance, and business development. We’re investing in you beyond your first role with us and committed to your career development, whether that’s along the Underwriting track or into an adjacent space like Risk or Analytics.

The successful candidate will be expected to travel across our various locations.

Key Responsibilities

Underwriting & Transaction Support:

* Review and triage incoming submissions.
* Assist in analyzing transactions.
* Prepare materials and attend client and broker meetings.
* Participate in audits.
* Support the underwriting analytical and administrative process, from initial broker contact to providing inputs to underwriters on transactions to servicing post-transaction client requests (jurisdiction dependent).
* Extract and review modelling data.
* Work with actuarial teams.
* Contribute to exposure management.
* Assist with regulatory reporting.

Collaboration & Relationship Management:

* Build relationships with internal stakeholders.
* Understand broker and client dynamics.
* Maintain client and broker relationships.

Candidate Qualifications:

* Strong analytical, statistical, and problem‑solving skills.
* Proficiency with Microsoft Office, including Excel and PowerPoint.
* Prior insurance or reinsurance exposure beneficial.

We believe that meeting these requirements will position you for success in the role. However, if you fulfill most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn.

At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We have a zero‑tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRe’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/ civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

Our Insurance Apprenticeship programme consists of multiple placements within the Lloyd’s Corporation, as well as the Lloyd’s market. It is aimed at those with an interest in insurance, allowing you to experience a variety of roles within the sector.

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