Underwriting Graduate Programme

Posted 4 hours 13 minutes ago by London Insurance Life

£80,000 - £100,000 Annual
Permanent
Full Time
Graduate and Post Graduate Jobs
London, United Kingdom
Job Description
Keep updated on the latest jobs in the market 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 . click apply for full job details