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CAREERS

Meeting a Need

Established by leaders of Bermuda's insurance industry in 1996, BFIS is tasked with ensuring that Bermudian students are provided with opportunities to attain the education and training necessary for careers in Bermuda's insurance industry.

This is being achieved through scholarships, mentoring, internships and career guidance.

Click here to learn more about how you can support BFIS.

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WHAT DOES INSURANCE HAVE TO DO WITH YOU?
In Bermuda, you work in insurance, or you’re related to someone who does, or you live next door to someone who does. Insurance is the driving force in Bermuda’s economy, and Bermuda is now one of the top insurance capitals in the world, which it has become within your lifetime.

The insurance industry in Bermuda directly employs thousands of people, most of them Bermudians, ranging from clerical staff to a growing number of company presidents. Insurance people eat in our restaurants, buy goods and services, have their hair cut by local barbers, and fly in and out on airplanes that would probably not be in service without them.

Careers in insurance require the ability to research and analyse and then to make use of what’s been learned to make a judgement about what risks the company will underwrite.

Although most of those in the industry do have insurance-specific degrees, such as Risk Management, Finance or Economics, you will find others with degrees in English, History or Philosophy. What they have demonstrated, in their discipline, is the ability to absorb and analyse information and communicate their conclusions to others.

If you enjoy math problems, maybe you have the talent and skills needed to be an actuary or a catastrophe computer modeller. With a degree in Geography you might find yourself underwriting risks that are related to earthquakes or bad weather. The work is engrossing and the pay is good. In Bermuda, if you have these skills or the ability to develop them, good jobs are available.

2010 AWARD RECIPIENTS