Aon Benfield is a leading global reinsurance intermediary and capital advisor, providing clients with access to all forms of reinsurance capital across the full spectrum of risks. Landing an internship at Aon Benfield can be a valuable step in launching a career in the insurance and reinsurance industry. To increase the chances of securing an internship, it's essential to understand the company's requirements, build relevant skills, and effectively showcase these skills during the application and interview process.
Understanding Aon Benfield’s Internship Program
Aon Benfield offers internships to students and recent graduates, providing them with hands-on experience in the reinsurance industry. The internship program is designed to give participants a comprehensive understanding of the company’s operations, from client management to risk assessment and mitigation strategies. To be considered for the program, applicants must meet certain eligibility criteria, including being enrolled in an undergraduate or graduate degree program, having a strong academic record, and demonstrating an interest in the insurance and reinsurance industry.
Key Skills and Qualifications
To be competitive for an Aon Benfield internship, applicants should possess a combination of academic achievement, relevant coursework, and skills relevant to the industry. Strong analytical and problem-solving skills are essential, as interns will be working with complex data and risk models. Additionally, knowledge of insurance and reinsurance principles is crucial, as well as proficiency in Microsoft Office applications, particularly Excel. Effective communication and teamwork skills are also highly valued, as interns will be working closely with colleagues and clients.
| Skill Category | Relevant Skills |
|---|---|
| Technical Skills | Microsoft Office, data analysis tools, risk modeling software |
| Soft Skills | Communication, teamwork, time management, adaptability |
| Industry Knowledge | Insurance and reinsurance principles, risk management, financial markets |
Application and Interview Process
The application process for Aon Benfield internships typically involves submitting a resume and cover letter through the company’s website or a recruitment portal. It’s crucial to tailor the application materials to the specific internship role, highlighting relevant skills and experiences. After the initial screening, selected candidates will be invited for interviews, which may be conducted in person, over the phone, or via video conferencing.
Preparing for Interviews
Preparation is key to performing well in interviews. Applicants should research Aon Benfield’s business operations and the reinsurance industry, staying updated on current trends and challenges. Practicing responses to common interview questions, such as those related to teamwork, problem-solving, and career goals, can also help build confidence. Moreover, demonstrating an understanding of risk management principles and how they apply to real-world scenarios can leave a positive impression on the interviewers.
- Review Aon Benfield's website and recent news articles to understand the company's current projects and initiatives.
- Prepare examples of academic or professional experiences that demonstrate skills relevant to the internship role.
- Practice answering behavioral interview questions with a focus on specific situations, actions taken, and outcomes achieved.
What is the typical duration of an Aon Benfield internship?
+The duration of an Aon Benfield internship can vary, but it is typically several months, often during the summer. The exact duration may depend on the specific program and location.
Are Aon Benfield internships paid?
+In conclusion, securing an internship at Aon Benfield requires a combination of academic achievement, relevant skills, and a demonstrated interest in the insurance and reinsurance industry. By understanding the company’s requirements, building a strong skill set, and effectively navigating the application and interview process, applicants can increase their chances of landing a valuable internship opportunity at Aon Benfield.
