Demand Placement Student Programme 2026

Liberty Specialty Markets; Greater London; On-site; GBP 20,000 - 25,000; Full time

Job summary

A global insurance provider in London is offering a unique Placement Year Programme for university students in their penultimate year. You'll gain valuable experience working in various Demand functions including Underwriting, Claims, and Portfolio Management. With a competitive salary and the opportunity to complete a Financial Administrator Level 3 apprenticeship, this program is designed to equip you with the skills and contacts needed for a successful career in (Re)insurance. Join us to kick-start your professional journey.

Benefits

Competitive salary

Development and mentoring opportunities

Networking opportunities

Qualifications

• Expected to achieve a 2:1 degree or equivalent.
• Interest in (Re)insurance and a passion for data analytics.
• Ability to work collaboratively and think creatively.

Responsibilities

• Gain hands-on experience in a real-world setting.
• Work within one of the Demand functions, such as Underwriting or Claims.
• Involve in exciting projects across different areas.

Skills

Creative thinking

Data-driven analytics

Fluent English

Collaboration

Education

University degree (penultimate year)

Job description

Are you in your penultimate year at university and looking to complete a Placement year?

We are offering students with an interest in (Re)insurance the chance to kick‑start an amazing career in the industry!

As part of the Liberty Mutual Insurance Group (LMIG), our global, award‑winning business strives to make the world a safer place by providing continuity in an unpredictable world. The Liberty International Insurance (LII) and Liberty Mutual Reinsurance (LMRe) Placement Year Programme offers you the chance to shape and influence your own career path, as well as complete a Financial Administrator Level 3 apprenticeship, and the London Market Module (LM1) which is part of the Cert CII qualification.

The Placement Programme

Our programme will provide insight into how our high‑performing, global organisation operates within the insurance industry. You’ll have the opportunity to work within one team throughout your year within one of our Demand functions. You will have the opportunity to apply your knowledge, skills, and insights in a real‑world setting, joining a business area that aligns with your interests and abilities. During your placement, you’ll gain hands‑on experience with exciting projects across different areas and have exposure to departments such as Underwriting, Claims, Business Development.

Demand functions are the outward‑facing teams that interact with clients and generate revenue (for example, Underwriting, Claims and Portfolio Management).

We also have our Supply functions that are the internal functions that keep the business running – handling operations, administration, finance, risk controls, data and process improvement so customer‑facing teams can work efficiently.

As you will be working within our Demand function, some of the teams that you may be placed in are:

Underwriting

• Underwriters assess risk and work with brokers to create policies that balance clients’ needs with company risk.
• Exposure to various lines of business, such as Marine, Construction, and Property insurance, offering insight into diverse insurance practices.

Portfolio Management

• Supports the underwriting process by analysing risk profiles and creating tailored insurance solutions for clients.
• Offers exposure to various lines of business and portfolio management strategies.
• Works with experienced underwriters to balance profitability and risk.

Claims

• Engages in managing insurance claims, from assessing losses to negotiating settlements with clients.
• Collaborates with underwriters, brokers, and legal teams to resolve complex claims, gaining insight into the claims process’s impact on client relationships and the business.

Surety

• Surety bonds and guarantees provide financial security in business transactions.
• The surety market is strong in regions with major construction and infrastructure projects (North America, Europe, APAC).
• Leading surety providers are large insurance groups, with Liberty Mutual as the global leader and London as a key underwriting hub for non‑US deals.
• A career in surety offers skills in credit analysis, industry expertise, legal documentation, communication, and negotiation.
• Surety underwriters build relationships with global corporations, including C‑suite executives.
• Responsibilities include business development, underwriting, credit committee presentations, client relations, and claims management.

For visibility, some of our Supply functions include:

Operations

• Ensures smooth business operations by working across multiple functions to support growth and innovation.
• Helps improve processes to drive efficiency and project delivery.

Management Information (MI) and Analytics

• The MI department's primary focus is providing the business with data to support effective decision‑making within Underwriting, Management and other business functions.
• It consists of several specialised teams:
  • Insights Team: Acts as the face of the MI department, liaising with the business to understand and meet its data needs.
  • MI Services: A technical team responsible for maintaining and creating databases.
  • Governance Team: Ensures data management policies and compliance.
  • Reconciliation Team: Manages data reconciliation processes.
  • Operational Performance Team: Monitors and reports on operational metrics and performance.

(The team look for a degree in a relevant field such as Mathematics, Statistics, IT, Business, or related disciplines namely STEM disciplines).

Exposure Management

• Supports Underwriting teams with modelling of natural catastrophe (e.g., earthquake, windstorm) and non‑catastrophe risks (e.g., terrorism).
• Assists in decision‑making for underwriting and pricing, helping to optimise portfolios, manage risk limits, and provide post‑event loss estimates.
• Collaborates with various departments across the business.
• Preferred background: Natural Science, Geography, Mathematics, Science, or Business; proficiency in Excel is a plus.

Information Technology

• The functions are co‑accountable for delivering and running Digital and Technology Capability and Services across Liberty.
• LII (Liberty International Insurance) Technology works closely with Global Risk Solutions (GRS) technology teams to deliver innovative solutions and capabilities that leverage our technical expertise, business understanding and partnerships to enable market‑leading performance worldwide.

What You Can Expect:

Throughout your Placement Year, you’ll experience what it’s like to work at LII/LMRe. You’ll be welcomed into a team and work on live projects with skilled and experienced colleagues, giving you the chance to dive in, take initiative, and make a real impact.

We offer an initial training program along with tailored development, networking, and mentoring opportunities. These will provide you with the industry knowledge and exposure to our international locations and global industry leaders necessary for success.

While on placement, you’ll receive a competitive salary, with the opportunity to secure a place on our graduate program upon successful completion.

If you’re seeking an exciting challenge and have an interest in building a career with LII/LMRe, within one of our Demand functions, we encourage you to apply!

What You Need to Succeed:

We’re looking for university students in their penultimate year, predicted to achieve a 2:1 or equivalent, who:

• Are creative, innovative, and digitally oriented, embracing new ideas to future‑prove our business.
• Are open‑minded, resilient, and focused on building sustainable, collaborative relationships.
• Possess a passion for data‑driven analytics and a talent for transforming complex data into actionable business insights.
• Are fluent in English, both written and verbal (additional languages are a plus).
• Have the right to work in the UK.

What We Can Offer You:

At LII/LMRe, we value diversity, inclusion, and collaboration. We actively encourage students from varied backgrounds, including those with disabilities, to apply. We know that bringing together diverse perspectives helps us make better decisions, deliver innovative solutions, and reach our goals.

As part of Liberty Mutual Insurance Group, we benefit from the strength of approximately 45,000 employees across 800+ offices worldwide, enjoying a culture of inclusivity, long‑term stability, and financial strength.

We are an equal‑opportunity employer, committed to a healthy work‑life balance, corporate social responsibility, and ESG initiatives across our business.

In addition to a competitive benefits package, we reward individuals based on performance, ability, and attitude.

Recruitment Timeline:

• January 2026: Online applications close
• January‑February 2026: Online assessment and interview
• February‑March 2026: Assessment Centers
• March 2026: Offers issued to successful candidates
• July 2026: Placement year start

Apply now to kick‑start your career with us!