A diverse range of occupations exist within the insurance sector, making it an exciting industry, providing a host of interesting and diverse career prospects.
The typical entry requirements to the insurance sector depend on the role. New starters are generally at a minimum school leavers with their Leaving Certificate, or college graduates from various fields within business studies, certificate through to masters level.
The Insurance Practitioner Apprenticeship is all about building a career – not just getting a job.
nsurance is about delivering peace of mind. Insurance companies offer financial protection and security to individuals and businesses, allowing them to take the risks necessary to grow and expand.
Karl Curran is an Assosiate Director at Aon Insurance. He completed a two year diploma in Business Studies at DIT after which he was offered a position within Aon. His is currently undertaking a degree in International Finance & Banking with the Institute of Bankers and has begun working towards obtaining the FCII.
What were the main 'career decision' milestones in your life so far?
Who are the people who most influenced your career direction?
How did you go about getting your current job?
Describe a typical day?
A typical day would start with me checking emails for any urgent items and addressing those first. We deal with a lot of our international offices so invariably when I arrive into work there are emails from our US offices.
I would then plan my day out, action any items which need to be actioned and perhaps visit a client or insurer later in the day.
What are the main tasks and responsibilities?
My main responsibility is the client. The most important aspect of my job is managing the relationship with the client which can involve meeting face to face, overseas or indeed simply keeping in touch by phone.
I also need to act as a conduit between the client and the insurance marketplace and keep the client informed on all news from the market.
What are the main challenges?
What particular skills do you bring to your workplace?
What subjects did you take in school and how have these influenced your career path?
What is your education to date?
After school I went to DIT and studied business studies for 2 years and gained a diploma. Then when I started in Aon I immediately began working towards my ACII which involved 11 exams.
I obtained my ACII in December 2012. I’m also currently undertaking a degree in International Finance and Banking with the Institute of Bankers and have begun working towards obtaining the FCII.
What aspects of your education have proven most important for your job?
I think college prepared me for the real world. The most important thing it taught me was how to communicate with other people and also socialise.
I think these are very important skills in the business world. Obtaining the ACII has also helped demonstrate my professionalism and commitment to insurance.
What personal qualities do you have that helps you in your career?
Does your job allow you to have a lifestyle you are happy with?
What advice would you give to someone considering this job?
I would highly recommend this job but I’d say to start taking insurance exams as soon as possible and get them done while you’re young.
I’d also recommend talking to as many people in the industry to see what area of insurance you want to go into i.e. Insurer, Broker, Loss Adjuster etc. – they’re very different!
What are the three most important personal characteristics required for the job?
Have you undertaken, or do you plan to undertake any further training as part of your job?
What kinds of work experience would provide a good background for this position?