Internships at Hiscox
Hiscox is a leading, internationally recognised insurer. We set the standards for others to try and emulate, consistently delivering strong growth and exceptional shareholder returns. Our products range from insurance for the homes and possessions of the rich and famous, to innovative cyber risk solutions and meeting the needs of specialist businesses. Our customers are diverse and unique and are only united by our ability to provide bespoke insurance. We’re known for recruiting the best and empowering those people to deliver.
An internship at Hiscox will allow you to gain an understanding of how an international, specialist insurance company operates. You’ll be set challenging and meaningful work and have an opportunity to develop key business skills.
You’ll have the chance to meet, learn from, and work with senior people in the business. Your line manager will guide and challenge you and your graduate buddy will support you in your internship journey. There’ll be plenty of on-the-job learning guided by our experienced and respected insurance professionals, as well as structured training, business insight sessions and networking opportunities throughout your time with us.
In addition to your individual work and projects, you’ll also get the opportunity to work together with your fellow interns on a team project, presenting the results to the wider business. Through this project you’ll be able to develop your team working skills and gain an insight into a different part of the business.
Cyber at Hiscox
The cyber market is due to grow exponentially over the coming years, and at Hiscox we want to make the most of this opportunity. As an Intern in the C³ team you’ll have the opportunity to work with a small team of cyber experts to help influence and shape our cyber offering across the globe.
The C³ team supports cyber operations all around the Hiscox Group; helping to deliver a consistent approach to product development, service offering, branding and marketing, underwriting appetite, pricing, rating approach and aggregation / reinsurance protections. The team work closely with our business units - such as our UK, European, US and London Market teams.
To learn more about the team’s work, click here to read a blog by our Cyber CEO on how businesses can become Cyber ready in the post Covid-19 world.
The Opportunity
As a Cyber Intern, you’ll get a great insight into the C³ function and will work with a wide range of key stakeholders at all levels. You’ll have the opportunity to make a real difference through the work you’re involved in. Some of the projects you may be involved in include:
Maturity Model – this model helps businesses understand their cyber maturity level. The maturity model leverages our Cyber Readiness data and supports lead generation/sales for direct and broker channels. You’ll analyse the response data and make recommendations to fine tune the model as appropriate, ultimately improving the output of the model.
Hiscox CyberClear Academy – this is a cyber awareness training platform we offer to our customers, especially in the SME space. We have been offering this service for about three years and regularly optimise the platform to better improve user experience as well as generating useful data to support us within the business. You’ll generate monthly reports using Excel, analyse the output and update the platform with new content to continually improve this for our customers.
Claims Reporting – the C3 team review all individual cyber claims in our Retail divisions on a quarterly basis, in order to spot trends, provide advice and ultimately lead to the business being able to make better underwriting decisions. You’ll be required to review individual claims and understand what has happened to be able to support with generating the data that the business can use.
What is needed to excel in this opportunity?
Self-motivation and the ability to learn quickly
A curiosity and hunger to learn, absorb and understand new information
Good communication and interpersonal skills, with the ability to translate technical terms to non-technical audiences
A interest in the world of cyber security (but not necessarily experience)
Comfortable with ambiguity, given the way we operate
A self-starter with the initiative and courage to stretch yourself out of your comfort zone
Working knowledge of MS office (intermediate Excel skills)
We’re open to degree subject but an analytical and challenging thinking style is a must
Our internships are open to current students in their penultimate year who are planning to return to undergraduate or postgraduate studies following their time with us. In other words, if you are due to graduate from an Undergraduate or Master’s degree in 2022, we want to hear from you.
You’ll be on course for at least a 2:1 degree (or equivalent). You’ll have at least 120 UCAS points from 3 A-Levels (or 300 UCAS points for A-Levels achieved prior to September 2017). You’ll also
have UK GCSE Maths and English at Grade B (or international equivalent).
As well as being able to demonstrate strong interpersonal skills, you’ll be numerate and able to speak and write fluently in business English.
You must, by the start of the employment, have permission to work in the UK.
The Internship takes place from 5th July to 27th August.
You will hear from us within two weeks of submitting your application. Final stage interviews will be held in March.
Applications for the internship scheme will close on 22nd January. However, should we experience a high volume of interest, we may close applications earlier and would recommend
that you submit your application for this scheme as soon as possible