Accessibility links
The UK's official graduate careers website
Accessibility links
The majority of insurance brokers are employed by insurance broking firms, which range from small niche firms to large multinational firms.
The UK's insurance market is the largest in Europe and second largest in the world employing over 300,000 people - almost a third of all financial services jobs.
Of the 972 authorised insurance businesses in the UK, 735 are for general business only (e.g. motor, household and commercial insurance), 193 are for long-term business only (e.g. life insurance and pensions) and 44 for both (source: UK Insurance - Key Facts, 2009, published by Association of British Insurers (ABI) ). Therefore, a wide number of firms offer opportunities for employment.
Many brokers work for Lloyd's of London , a market consisting of individuals and corporate groups acting in a syndicate to provide insurance cover. Brokers and firms of brokers can become approved and authorised to place business in the Lloyd’s market. Most of the larger brokers in London are, indeed, Lloyd's brokers.
The largest insurance brokerages in the world are Marsh and McLennan, Aon and Willis Group.
Other potential employers include insurance companies and the insurance risk management departments of non-insurance companies. Companies such as Talent&Pro operate like a junior management consultancy employing recent graduates and guiding them through their Chartered Insurance Institute (CII) exams while they work on projects within a range of companies.
Recruitment agencies commonly handle vacancies. Some of the specialist agencies are:
Get tips on job hunting, CVs and covering letters and interviews.
This website is best viewed in an up-to-date web browser with CSS enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets if you are able to do so.
Tweet