Opportunities | Future at Lloyd’s (2024)

Now is the time

The Future at Lloyd’s strategy is where we seize the moment. It’s where we create and realise opportunities, and where you can discover our vision for tomorrow. That means professional opportunities with an international reach, as we set out to evolve our marketplace, and deliver easier, simpler and better interactions and transactions for both customers and employees.

Working at Lloyd’s on the Future at Lloyd’s strategy

Time moves on, and at Lloyd’s simply staying current isn’t enough. As the world’s leading insurance and reinsurance marketplace, we need to be the most forward-thinking and innovative in every respect. That means continually improving our customer-focused marketplace, it means digitisation – a technological transformation. Combining data, technology and new ways of working is the Future at Lloyd’s strategy.

Part of our evolution involves growing our team, and bringing in a range of views, perspectives and backgrounds that will allow us to deliver this transformational culture. That relies upon open and trusting relationships, and a shared vision for that continual improvement. This is an environment where new perspectives are encouraged, where resilience, fresh ideas and different opinions are valued.

Our opportunities

You don’t need to be an expert in insurance to join our team as you’ll be working alongside colleagues who are already subject matter experts. In fact, for the roles on offer, we welcome those from outside the insurance industry to bring fresh ideas and new innovations to help us shape our future.

We have a wide range of opportunities, and we are particularly looking for people from the following communities:

  • Digital Product Owners (Managers/Leads)
  • Digital Design (UX/UI/Service/Systems)
  • Digital Engineers / Architects
  • Business Transformation (PMO/Agile Delivery/Digital Project Managers)
  • Data (Analytics/Researchers/Architecture)

Become part of the Future at Lloyd’s

We want the application process to be as straightforward as possible. So, to express interest in any of our roles, click 'view all opportunities’ and follow our easy application process. We require an up-to-date CV, so please have one ready to share.

  • If your skills fit, we'll arrange an interview where we can learn about you, and you can learn about us.
  • If we both want to explore further, you’ll be invited to attend a virtual business interview.
  • Then, if we both agree that we’ll create a good working partnership, we’ll make you an offer and if you accept, you’ll begin the 'onboarding' process.

If you’re interested in these specific opportunities and are working for the Corporation of Lloyd’s, we would certainly also welcome your application.

Are you currently working within the Lloyd’s market? Whether you wish to contribute from an advisory perspective (classed as a ‘Contributor’) or a more time-committed secondment opportunity, we have opportunities for you.

Current opportunities

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About working at Lloyd's

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Meet the team

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Opportunities | Future at Lloyd’s (2024)

FAQs

What is the future at Lloyd's strategy? ›

The Future at Lloyd's strategy envisions a data-focused, automated, and cost-efficient insurance marketplace. Through Blueprint Two, we are building digital solutions for the market, making it better, faster and cheaper for all participants to do business at Lloyd's.

What is the Lloyd's vision 2025? ›

The strategy is named Vision 2025 and was unveiled today in Lloyd's famous Underwriting Room at a special event attended by Prime Minister David Cameron. It sets out plans to expand Lloyd's business to “faster growing markets”, including Latin America, China, South-East Asia and Eastern Europe.

What makes the Lloyd's market unique? ›

Lloyd's is what is called a subscription market. It facilitates risk sharing among the different underwriters in Lloyd's marketplace via subscription underwriting. This is a process through which two or more insurers collaborate to underwrite a single risk.

What are the benefits of being a Lloyd's syndicate? ›

Syndicates can lead, and provide follow capacity, on subscription risks covering a wide range of classes of business although many will be specialists in particular classes.

Is Lloyd's of London a good place to work? ›

Lloyd's has an employee rating of 4.2 out of 5 stars, based on 185 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Lloyd's employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Why do I want to work at Lloyds of London? ›

Why choose Lloyd's? When you work for Lloyd's, you'll be joining the world's leading insurance and reinsurance marketplace. Through the collective intelligence and risk-sharing expertise of our market, Lloyd's helps to create a braver world. We take pride in doing what is right - paying all valid claims.

What are the prospects for Lloyds? ›

Lloyds Banking Group PLC has a consensus rating of Moderate Buy, which is based on 8 buy ratings, 2 hold ratings and 1 sell ratings. The average share price target for Lloyds Banking Group PLC is 59.70p. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

What are the strategic priorities of Lloyd's? ›

The Lloyd's Market Association (LMA) has unveiled its strategic focus for 2024, highlighting the core priorities for the upcoming year. The association is looking to focus its efforts on areas that underscore its commitment to driving innovation, technical expertise, regulatory engagement, and talent development.

What caused the Lloyd's crash? ›

Among the key causes were huge asbestos and pollution losses. For their own gain, members of the Lloyd's ruling Committee and other key market insiders deliberately concealed these losses from the rest of the Lloyd's market, active Names, and prospective Names, when they had a duty to disclose them.

What is the motto of Lloyd's insurance? ›

Its motto is Fidentia, Latin for 'confidence' which is closely associated with the Latin phrase Uberrima Fides, or 'utmost good faith'.

What is Lloyd's city risk? ›

The Lloyd's City Risk Index, based on original research by the Centre for Risk Studies at Cambridge University's Judge Business School, measures the GDP@Risk of 279 cities across the world from 22 threats in five categories: finance, economics and trade; geopolitics and security; health and humanity; natural ...

What is future at Lloyd's? ›

The Future at Lloyd's strategy is where we seize the moment. It's where we create and realise opportunities, and where you can discover our vision for tomorrow.

Who are Lloyd's List competitors? ›

Lloyd's Register Group Ltd: Competitors
  • SGS SA Headquarters. Switzerland. 99,589. $7.4B.
  • Bureau Veritas SA Headquarters. France. 81,511. $6.3B.
  • Assystem SA Headquarters. France. 7,207. $624.5M.
  • American Bureau of Shipping Headquarters. Institution.

Is Lloyds the biggest insurance market in the world? ›

Lloyd's of London is the world's leading insurance and reinsurance marketplace, with a presence in more than 200 countries and territories. Its member syndicates provide coverage to practically every type of risk.

What is Lloyd's known for? ›

Lloyd's is the world's specialist insurance and reinsurance market. With expertise earned over centuries, Lloyd's is the foundation of the insurance industry and the future of it.

Is Chubb a Lloyd's syndicate? ›

Chubb Global Markets operates through our syndicates at Lloyd's and also through Chubb European Group SE.

How many syndicates are there at Lloyd's? ›

In 2023 there were 78 syndicates managed by 51 "managing agencies" that collectively wrote £52.1bn of gross premiums on risks placed by 381 registered brokers. Around half of Lloyd's premiums emanate from North America and around one quarter from Europe.

Does Lloyds pay well? ›

The average Lloyds Banking Group salary ranges from approximately £24,172 per year for Risk Analyst to £100,740 per year for Delivery Director. Average Lloyds Banking Group hourly pay ranges from approximately £9.63 per hour for Office Assistant to £12.48 per hour for Client Advisor.

Why do you want to work for Lloyd's? ›

We know that people do their best work when they're happy and valued. That's why we offer a friendly, inclusive environment with great benefits and rewards. This also includes a competitive salary, a generous holiday allowance and learning and development opportunities that will bring out the very best in you.

Is it hard to get a job at Lloyd's of London? ›

53% of job seekers rate their interview experience at Lloyd's as positive. Candidates give an average difficulty score of 3.1 out of 5 (where 5 is the highest level of difficulty) for their job interview at Lloyd's.

What do Lloyds look for in employees? ›

What skills does Lloyds Banking Group look for in applicants? We're looking for people who are creative and innovative, have good problem-solving skills, and also have the ability to work both independently and as part of a team. There are a maximum of three stages in the application process.

Why are Lloyds so successful? ›

Customers are benefiting from brilliant innovations across our business. For example, we launched 'Lloyds Bank 360' as a one-stop-shop for wealth, financial education and coaching. While our 'Ready Made Investments' are making it much easier to invest – and over half of these customers are under the age of 35.

How much does Lloyds of London pay? ›

The average Lloyd's of London salary ranges from approximately £23,936 per year for Apprentice to £62,345 per year for Manager.

What is future strategy? ›

Strategizing for the future includes a series of efforts designed to handle the unpredictability and consequences of future events that result in the changes in where, when, and how work is done and who does the job or what the job is.

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