THE BAT
The BAT is a three-hour online test, taken in a proctored (i.e. invigilated) environment at a Bloomberg LP office or a university hosted session. The BAT was designed with leading financial institutions and academics to uncover knowledge and skills relevant for a financial career. Scores will be anonymous unless you agree to release personal information to employers.

THE QUESTIONSSubject areas covered on the BAT include Finance Knowledge and Aptitude: Corporate Valuation, Economics, Financial Markets, Financial Statements Analysis, Investment Banking, Investment Management; Career Skills and Aptitude: Analytical Reasoning, Math Skills, Modeling Skills, Situational Judgment, Verbal Skills. For sample questions, please CLICK HERE.

No preparation is required for the test, and your scores are completely anonymous so you have nothing to lose.

Thank you to BFIS Scholar, Robert Jardine, for bringing this excellent tool to our attention. Robert took the test in the UK last December and although he scored well above the global average, he said it also helped him spot areas where he could improve.

Details of Seminars

See website description for additional information and costs. Save $25 if you register by the early bird dates shown. New Seminars are added regularly so be sure to check back.

Under the program, Annual Meeting registration fees are waived for students selected for it, and their additional expenses are subsidized through the generosity of participating Society chapters. The students are able to attend any of the dozens of educational seminars offered at the Annual Meeting, and are equally welcomed at its general sessions and receptions. Taken together, the experience offers the students invaluable exposure to cutting edge property/casualty insurance continuing education, leadership training and career management guidance. It also provides tremendous networking opportunities.

This year the seminar is on Reinsurance Underwriting. It is a two-day interactive program that will expand underwriting expertise and enhance technical skills.

Although designed for professionals, it is a great opportunity for students and recent graduates to gain an understanding of underwriting which they may not have come across in their academic studies, as well as being a wonderful opportunity to network with a great cross-section of Bermuda’s insurance professionals. Past student attendees have gained a lot from the experience. More information…

ReUnderwriting awards CPE, CPCU and CLE (including ethics) continuing education credits.

Apply online through BermudaScholarships.com.
Application Deadline: March 1st
Sponsored by

The final stop is tentatively scheduled to be in London, England at the end of February – stay tuned for more details.

Do you know a student? Do you know someone who knows a student? Please pass these details along! All Bermudian students pursuing post-secondary education in/around any of the locations listed above are welcome to attend. They can contact Lauren.P.Mahoney@hsbc.bm for more details, and/or to confirm their attendance.

Cost: Free entry and refreshments; cash bar to follow at Café Ten

The students who took this opportunity to learn what underwriting is all about were Charlene Place, Zakiya Furbert and Jahkeya Goater (Berkeley Institute), Trina-Nicole Pedro, Raequan Rochester, Taj-Rae Outerbridge and Chelsea Raney (Cedarbridge Academy)Zoe Faries and Chelsea Furtado (Mount SAint Agnes) and Kelah Osborne and Jahde Rabain (Saltus).

The students who took this opportunity to learn what underwriting is all about were Brian Longworth (Learning Express), Shelby Camara and Xana Lima (Mount Saint Agnes), Norianna Gordon, Shanteala Looby, Jaret Simmons, Dashauntae Outerbridge, DaAzha Chambers, Courtney Simons and KeiVaughnae Simons (Cedarbridge Academy) and Peter cooper, Dylan Scott and Yuki San (Saltus).

Mr. Fisher went on to say, “The global economic crisis, and its effect on the local insurance industry and Bermuda as a whole, has made for yet another very challenging year. The continued volatility in the investment markets has required that BFIS work hard to manage the returns of the Investment Fund so that we can continue to offer the same level of scholarship awards and support our intern and mentor programmes. Although we have seen some improvement in the Investment Fund at times during the past 12 months, we are still some way away from attaining the levels previously achieved. I am pleased to acknowledge that, through the hard work of our Finance Committee and our investment consultant, we believe we have managed the fund responsibly and weathered another difficult year with positive results, leaving us in a slightly better position than a year ago.”

“I am also pleased to recognize the success of the intern programme. As evidence of the success of this programme, I note that of the 53 students who have participated to date, all but two have entered the industry upon their graduation.”

He noted that the BFIS Mentoring Programme continues to be a resounding success and that much of that success today is through the contributions of BFIS alumni, now offering their time to participate in the programme as mentors.

In his Report to the Members, Mr. Fisher highlighted how appreciative BFIS is, not only for the funding from donor companies, but also for the volunteer hours their employees give through serving on BFIS committees and generally overseeing the running of the Foundation. “To have their industry expertise so generously donated to BFIS is truly a unique and tremendous resource, one without which BFIS would not be able to function effectively.”

BFIS Founding Members, Brian O'Hara and Walter Scott at the BFIS 15th Anniversary Reception

Photo caption: (left to right) Walter Scott (Advisory Trustee), Stuart MacKellar (Deputy Chairman), Tracy Keill (Treasurer), Michael Fisher (Chairman), Meredith Head, Gail Martin, Beth Piggott, Brian O’Hara (Advisory Trustee) and Cathy Lapsley (Executive Director).