ILS Bermuda internship programme gets backing for 2025
Five organisations have renewed their partnership commitment to ILS Bermuda’s Internship Programme for summer 2025.
The Bermuda Monetary Authority, Marsh Management Services (Bermuda), Hiscox ILS, Integral ILS and Price Forbes will provide internships to Bermuda College students enabling them to get hands-on experience of the insurance-linked securities sector.
The programme was started in 2017 and offers Bermuda College students paid summer internship opportunities with industry organisations.
The interns also attend the ILS Convergence conference, held this year on October 7-9, lunch and learn modules held throughout the year and a revamped one-on-one mentorship initiative in which mentors work individually with students to augment the knowledge imparted in practical group seminars in areas such as resumé and LinkedIn profile development, scholarship and internship application strategy and interview practice. In addition, mentors are there to help students with general career developmental questions.
LaVonne Smith, ILS Bermuda Education Vice-Chair and Senior Vice President, Resolute Global Partners said: “ILS and re/insurance is a dynamic industry in Bermuda and we are committed to catalysing Bermuda College students chances of future employment opportunities by both providing a programme structure that provides relevant skills and education on topics needed to transition successfully to industry, as well as creating invaluable network connections for students through the mentorship, Lunch and Learn and internship modules of the program.
“We are delighted at the calibre of organisations reconfirming their internship partnership with us this year.
They share their faith in our programme and its aims and by partnering with us, provide what students have said is the most important pilar of our program – summer internships. I’d also like to thank all of our mentors, particularly those new this year, who are extremely busy professionals who humble us with their commitment to mentor our students.”
Dr. Ali Arouzi, interim Vice President of Academic Affairs, Bermuda College said: “The Bermuda College is extremely grateful to the opportunities that ILS Bermuda College Education Initiative has offered our students. Since its inception in 2017, Bermuda College students have benefited from pairing with industry mentors and have secured several internships. The Lunch and Learn sessions have proven to be a valuable instrument in helping students focus on their career interests.”
Feedback from students has been overwhelmingly positive with one student stating: “The ILS Bermuda College Program completely changed my life. By participating in the programme, I was able to learn extensively about the reinsurance industry, network with professionals, and secure two summer internships. The experiences I gained were invaluable and culminated in me receiving two scholarships that have entirely funded the remainder of my university education overseas. I would highly recommend the ILS Bermuda College Program to anyone that is considering joining”.
ILS Bermuda Chair Jo Stanton said: “An important part of our mission at ILS Bermuda is to encourage, support and mentor young Bermudians who are interested in this industry. We had an excellent group of students participate in our various education initiatives this year and we look forward to them continuing and completing their studies and joining Bermuda’s risk industry in the near future.
“On behalf of the entire ILS Bermuda team, I would like thank all the students for their enthusiasm and participation in our education initiatives this year. I would also like to thank those organizations who have recommitted as partners to provide this academic year’s students internship opportunities for summer 2025.”
Those interested in participating in the ILS Bermuda College program should contact Tim Tetlow at timtetlow@gmail.com for more details.
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