ABIR Members Host More Than 100 Paid Interns
The Association of Bermuda Insurers and Reinsurers [ABIR] member companies are hosting 103 paid interns this summer, creating a record number of work experience opportunities for Bermudian students.
A spokesperson said, “ABIR is also providing the interns with a series of networking, professional development and industry learning opportunities through the ABIR Intern Working Group [IWG] to add value to their work experience with Bermuda’s leading international re/insurers.”
Pina Albo, Chair of ABIR and Chief Executive Officer of Hamilton Insurance Group, Ltd., said: “Internships help to build relationships between Bermuda’s re/insurance industry and young Bermudian leaders of the future. ABIR’s member companies are committed to providing opportunities for Bermudian students to experience the re/insurance industry, build their professional networks and enhance their career prospects.”
John Huff, President and CEO of ABIR, said: “It’s great to see Bermudian students taking the record number of internship opportunities with ABIR member companies this summer. Building a strong pipeline of Bermudian talent is key to the sustainability of the island’s world-leading re/insurance industry.”
The IWG programme included:
- Lorene Phillips, executive leadership coach and founder of Clarendon Wallace, led the interns in a ‘Polished Professional’ workshop. She advised the students on the important power skills, professional etiquette and dedication needed as a next level leader.
- ABIR collaborated with Focus Point Photography to gift each student with a professional headshot for their LinkedIn, CV or work biography.
- ABIR held a Climate Roundtable to discuss climate and the catastrophe reinsurance industry in Bermuda, hosted by Chubb. The panel of re/insurance industry professionals, educators and scientists, comprised: Angela A’Zary, Senior Vice President of Client Risk Analytics, RenaissanceRe; Adam Barboza, Vice President of Corporate Social Responsibility and Sustainability, Aspen; Stephen Moss, Head of Investor Analytics, Aeolus; Akinyi Apopa, Department of Education; Mark Guishard, Trustee, Bermuda Institute of Ocean Studies [BIOS]; Karla Lacey, CEO, Bermuda Underwater Exploration Institute [BUEI]; and Bill Curry, President and Director, BIOS.
- Dr. Crystal Clay, diversity, equity and inclusion strategist, leadership coach and founder of Olive Branch Consulting, led a session on interviewing and networking skills that young professionals need.
- American International Group [AIG] sponsored an ABIR Lunch and Learn to provide the interns with insights into the Bermuda re/insurance market, its history and its global relevance led by Catherine R. Duffy, Country Leader of AIG Bermuda.
- To end the summer, ABIR will host a social and networking event for the interns to connect with their peers and Bermuda industry professionals.
The spokesperson said, “Intern positions were offered to Bermudian students this Summer by: ABIR, Aeolus, AIG, Aon, Arch Capital Group, Ariel Re, Ascot Group, Aspen, Chubb, Conduit Re, Convex, Everest Re, Fortitude Re, Guy Carpenter, Hamilton Insurance Group, Hannover Re, Hiscox Re & ILS, Lockton Re, Marsh, Mosaic Insurance. PartnerRe, RenaissanceRe, Validus Reinsurance, and Willis Towers Watson.”
So it costs them nothing.
No, all interns are paid a wage. This is progress, IB showing Bermuda’s young stars what can be done.
Don’t dress it up as a negative, I work in a company that has taken interns this summer, and other summers. It is a hugely popular and effective process.