Aon Benfield is a leading global reinsurance intermediary and capital advisor, and completing an internship with this prestigious company can be a significant milestone in one's career. After an Aon Benfield internship, the next steps can vary depending on individual goals, performance, and opportunities. In this article, we will explore the potential paths that can be taken after completing an internship with Aon Benfield.
Full-Time Employment Opportunities
One of the most common next steps after an Aon Benfield internship is the opportunity to secure a full-time position with the company. Aon Benfield often considers its interns for entry-level positions, and many interns have gone on to successful careers within the company. Full-time employment with Aon Benfield can provide a comprehensive training program, ongoing career development, and opportunities for advancement. Interns who have performed well and demonstrated a strong work ethic, skills, and knowledge may be offered a full-time position, either immediately after the internship or after completing their studies.
Graduate Programs
Aon Benfield also offers graduate programs designed for recent graduates who are looking to launch their careers in the reinsurance industry. These programs typically combine on-the-job training with formal education and mentorship, providing a comprehensive foundation for a successful career. Graduate programs can last from 12 to 24 months and may involve rotations through different departments, allowing participants to gain a broad understanding of the company’s operations and identify areas where they can make the most significant contributions.
| Program | Duration | Location |
|---|---|---|
| Aon Benfield Graduate Program | 12-24 months | London, New York, or other major offices |
| Aon Benfield Reinsurance Graduate Program | 12-18 months | London or New York |
Networking and Industry Connections
Completing an internship with Aon Benfield provides an excellent opportunity to build a professional network within the reinsurance industry. Interns can connect with experienced professionals, learn about new developments and trends, and establish relationships that can be beneficial throughout their careers. Attend industry events, join professional organizations, and engage in online forums to expand your network and stay informed about industry developments.
Professional Certifications and Education
After an Aon Benfield internship, individuals may choose to pursue professional certifications or further education to enhance their skills and knowledge. The reinsurance industry offers various certifications, such as the Associate in Reinsurance (ARe) or the Chartered Property Casualty Underwriter (CPCU) designations, which can demonstrate expertise and commitment to the field. Additionally, pursuing a graduate degree in a related field, such as business administration, risk management, or actuarial science, can provide advanced knowledge and qualifications.
- Associate in Reinsurance (ARe)
- Chartered Property Casualty Underwriter (CPCU)
- Master's in Business Administration (MBA)
- Master's in Risk Management
Alternative Career Paths
While many interns may choose to pursue a career with Aon Benfield or in the reinsurance industry, others may explore alternative career paths. The skills and knowledge gained during the internship, such as data analysis, communication, and problem-solving, are transferable to various industries and roles. Consider exploring opportunities in related fields, such as insurance, finance, or consulting, or leveraging your skills to transition into a different sector.
What are the typical salary ranges for Aon Benfield interns and full-time employees?
+Salary ranges can vary depending on the location, position, and level of experience. However, according to industry reports, Aon Benfield interns can expect to earn around $20-25 per hour, while full-time employees can earn salaries ranging from $50,000 to over $100,000 per year, depending on the role and level of experience.
What skills and qualifications are required for a career in reinsurance?
+A career in reinsurance typically requires a strong foundation in analytical and problem-solving skills, as well as excellent communication and interpersonal skills. A degree in a related field, such as business, economics, or actuarial science, is often preferred. Professional certifications, such as the ARe or CPCU designations, can also demonstrate expertise and commitment to the field.
In conclusion, completing an internship with Aon Benfield can provide a strong foundation for a successful career in the reinsurance industry. Whether pursuing full-time employment, graduate programs, or alternative career paths, individuals can leverage the skills and knowledge gained during the internship to achieve their professional goals. By building a professional network, pursuing professional certifications and education, and exploring alternative career paths, individuals can position themselves for success in this dynamic and rewarding field.
