The one bit of advice I would give other students applying for the financial services pathway is to not undersell yourself. Make sure you highlight things that set you aside than the next student applying. These are going to be the things that stand out to employers.
More about Jack
LLB (Hons) Law with Financial Services (In-Company) degree
When I saw the opportunity to work full-time at Allianz and finish the third year of my degree at the same time, I was sold. I have always worked and studied at the same time, so I thought that the position was perfect for me. Also, the opportunity to work for a global company Like Allianz does not come around very often. All of these were factors that influenced my decision to choose the financial services pathway.
The NLS Employability team were helpful throughout the process of securing my placement, especially in preparing me for the assessment day.
The application and interview process was quite daunting. First of all you had to fill out a short application form, which included questions like ‘tell me about a time when you…’. This was fairly straight forward, however this is also your chance to sell yourself and put you above the other students applying.
This was then followed by an assessment day. Five of us made it through and were being assessed by around six members of staff who were all senior managers. This was the most daunting part of the application process. You had to do individual tasks as well as tasks in a team. The only advice I would give here is to remember you are always being assessed, even at lunch.
I have many roles within Allianz. One of my responsibilities is to manage a large loss case file, worth around 40 million pounds. With this I get to travel the country to attend meetings with top solicitors and barristers around the country. Another one of my roles is to work with the motor technical team to work on projects and initiatives to improve performance around the centres.
However, the main breadth of my work is my research project. My particular project is to research how autonomous vehicles, more specifically vehicle platooning, will affect insurance and the way our team handle cases. Along with being one of my assignments for the university, I must present back to the business at the end of my placement with recommendations for Allianz.
As my modules at university are financial services based, working in the financial services on a day-to-day basis means you are revising every day. This obviously helps alongside the study you put in outside of work. The modules I studied at university have really helped me during my placement. The insurance law module you complete before you start your placement gives you a great grounding for the work you will be doing in the office.
The thing I am enjoying most about my work placement, and the thing I did not expect to be doing, is travelling around the country for work. Being able to work in the centre of London is very interesting.
The skill I have developed most during my placement is my ability to communicate effectively. This skill is sometimes underestimated but if you can communicate ideas and thoughts in a way others can understand, then not only will you be able to bring others to your way of thinking, you will come across as a much more employable person.
The one bit of advice I would give to other students applying for the financial services pathway is to not undersell yourself. Make sure you highlight the things that set you aside than the next student applying. These are going to be the things that stand out to employers.
I am currently applying for graduate schemes starting this year in the financial services sector, including the Allianz claims graduate scheme. NTU has great opportunities, both employability and socially, so try and get involved with as many things as possible.