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United Kingdom (UK) πŸ›‘οΈ UK Work Eligibility πŸ’Ό Company - Private
Lockton, Inc. - Undergraduate Placement Year Programme (Insurance)- Glasgow
Lockton, Inc. βœ“ Verified Employer

Undergraduate Placement Year Programme (Insurance)- Glasgow

πŸ“ Scotland β€’ πŸ•’ 1 day ago
Verified Base Compensation
Salary Disclosed on Application / year
⚑ Full Benefits Package Apply Now β†’
Official Specifications

Role Overview & Mandate

Executive Summary

General information Reference 001713

πŸ›‘οΈ
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Reviewed by Compensation & Visa Analysts
Sources: USCIS E-Verify & Home Office CoS

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General information

Reference

001713

Vacancy location

Location

UK, Scotland

Vacancy details

Job Profile

Lockton - Internship/ Placement Role

Title

Undergraduate Placement Year Programme (Insurance)- Glasgow

Description


About the opportunity

Corporate Risk is a vast sector both in terms of the types of clients you might expect to work with, and the type pf insurance cover a client might require. Whether you’re helping Olympic athletes to preserve their performance or supporting the continued growth of renewable fuels, you’ll be making a difference in the world. Insurance is an industry continually responding to climate change, fluctuations in the global economy and ever evolving technological advances.

This opportunity presents both excellent scope for learning and for you to add real value to our business from the start of the programme onwards.

Your initial 6 weeks will be spent in tandem with our Summer Intern Cohort, gaining an immersion into Lockton and the insurance industry.

You will then spend the remainder of your time with us aligned to one of our specialist divisions. Within that division, you will gain exposure to a wide range of different roles and gain greater depth of understanding of clients, markets and how the division operates.

Throughout the programme you will benefit from:

  • Skills and knowledge sessions
  • On-the-Job Learning: Your placement will comprise ‘stretch tasks’, projects and involvement in client activities
  • Enterprise- wide project: A specific project for all of those in your cohort to collaborate on. This will be in conjunction with ‘Lockton Lab’ and/ or one of our specialist Executive Committees e.g. Producer (new business), Retail, Specialty, DEI
  • Continually building relationships with Lockton experts, clients and markets

Through your experience, you’ll get a real sense of life at Lockton and what a career in our business could look like for you.

Candidate Profile

About you

  • Currently undertaking a degree level qualification
  • A minimum of grade 4/C GCSE (or equivalent) in English Language and Maths and three A-levels/five Highers (or equivalent)
  • Excellent communication and interpersonal skills
  • Proven ability to build productive working relationships
  • A desire to provide a best-in-class delivery
  • A positive, proactive, can-do attitude, even when under pressure
  • Able to work collaboratively with colleagues
  • Organised and proactive, able to plan own workload
  • Quality-driven with great attention to detail
  • A willingness to assist team members when needed


Why Lockton?

Supported and mentored by experts from across the business, you will work in the dynamic world of insurance. Lockton is a partnership and a family-owned, independent company with a caring culture.

We’re a leading, global insurance broker with a focus on exceptional client service and expertise across insurance, employee benefits consulting and risk management.

The innovative, entrepreneurial culture of the business is reflected in empowering our people to be autonomous, to act quickly, learn fast and provide the right solutions for our clients.


Duration:
12 months

Programme start date: 19th June 2023

Access to all: We’re committed to removing barriers to entry for all individuals. If required, we can provide a range of discretionary support options to applicants. Please contact us directly for further detail.

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Compensation Analytics

Estimated Take-Home Pay

Calculator β†’

Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package Salary Disclosed on Application
Est. Income Tax Band 20% - 40% Progressive Bracket
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net Β£3,900 - Β£4,401 / mo
Regional Economics

Cost of Living (Scotland)

Bureau Data
Est. Rent (1-Bed)
Β£1,100 - Β£1,750
Monthly Utilities
Β£140 - Β£210
Cost Index
112.5
Disposable Tier
Top 15% Rank
πŸ›‚
Compliance Standards

Work Authorization Framework

βœ“ Verified Status: UK Work Eligibility
β„Ή Corridor: UK Employment Corridor
πŸ›‘οΈ Zero Fee: Direct corporate recruitment with zero placement charges.

Candidate Selection Pipeline

Direct Corridor Track
01
Direct Apply

Submit verified credentials & CV.

02
HR Screening

2-4 day credential verification.

03
Technical Panel

In-depth domain & team interview.

04
Official Offer

Corridor contract & relocation.

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