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INTERNSHIPS

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.

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The 2012 BFIS Intro-to-Insurance Summer Intern Programmes are intensive, structured, 2-3 week programmes for 12 Bermudian junior or senior undergraduate students to experience the insurance industry in Bermuda, Chicago or Atlanta. The London programme will not be taking place this year, but we look forward to running it again in 2013.

During these syllabus-driven programmes the students study all aspects of the industry and meet insurance professionals at all levels. 
All the interns will have recently completed either their Junior or Senior year majoring in subjects relevant to the insurance industry. Previous interns were studying a variety of subjects including Risk Management, Insurance, Finance, Quantitative Economics, Law, Accounting, Geography and Marketing. 
 
BFIS partners with the Katie School of Insurance and Finance at Illinois State University who approached BFIS for help in organising a schedule for two of their students back in 2002, which gave us the opportunity to include two Bermudian students to the programme. When we started the Chicago programme in 2006, the Katie School, and their alumni now working in Chicago, organised the Chicago schedule for BFIS and have continued to do so each year since, for which we are very grateful.  
Georgia State University is assisting BFIS with organising the inaugural 2012 Atlanta programme.

BFIS pays travel and room and board costs for the interns traveling overseas and gives students a stipend if required. In the past we have found that interns’ summer employers are very supportive of them taking part in the programme.  


 
APPLICATION CRITERIA

Open to Bermudian or PRC students who are in their Junior or Senior undergraduate year at time of application and who are interested in entering Bermuda’s insurance industry.

Students should be maintaining at least a 3.0 GPA

If applicants have not taken any insurance courses, they will be required to take the on-line Insurance Essentials Program (American Institute for Chartered Property Casualty Underwriters).


 
Applications for the 2012 Programme are open – Deadline is March 30, 2012 – and must be made online through www.bermudascholarships.com  


The BFIS Intro-to-Insurance Summer Programme is sponsored by Allied World Assurance Company.


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