Insurance, assurance and pensions
This is a large and diverse industry. Insurance financially protects people and assets from future events such as damage, fire, theft and injury. Cover can be provided across a range from individuals right up to large corporations, from a single car to a whole sea-going tanker fleet. Most insurance organisations recruit graduates for either specific graduate training schemes or as general trainees.
Life assurance policies exist to cover earlier than expected deaths or ill health. Pension funds manage income from savers to provide the best return in the form of pension provision to their members.
Depending on the role, entrants may be required to study for a qualification with a professional body such as the Chartered Insurance Institute (CII), Institute of Risk Management (IRM) or Pensions Management Institute (PMI).
