Education Initiative
Providing Education & Opportunities in ILS for Bermuda’s Future Business Leaders
Through lectures, mentorship, and hands-on experiences, students are introduced to the innovative ILS market and gain insights into cutting-edge solutions for natural catastrophe and specialty risks like cyber risk.
ILS Bermuda’s Education Initiative: Designed for Bermuda College Students
Since 2017, ILS Bermuda has partnered with the Bermuda College to provide Bermuda College students with access to ILS Bermuda's Convergence event, held in October each year. Over the last few years, this initiative has grown to become a more comprehensive offering, that seeks to provide Bermuda College students with a full-year programme, running parallel to students’ academic programmes. The programme seeks to be complimentary to students’ academic endeavours by offering both practical, real-world engagement with the insurance, reinsurance and insurance-linked securities (ILS) sectors and provides multiple networking opportunities designed to help students begin careers in these sectors.
Key Programme Elements:
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Year-Round Mentorship
In addition to the mentors who are assigned to Bermuda College students attending the Convergence Conference, year-round mentorship is offered to help students in areas such as their career focus, internship choices as well as university selections. They also provide additional support with resumé development and supporting the interview practice process.
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Attending Convergence
Students attend ILS Bermuda’s Convergence Conference, enjoying an opportunity to learn more about ILS and reinsurance by attending panel sessions, with support from industry mentors available for guidance and questions during the event. Students are also encouraged to participate in social events and network with conference attendees, mentors and ILS Bermuda committee members.
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Resumé Building, LinkedIn & Social Media
Volunteers from the ILS sector provide a high-level overview of advice designed to enhance the impact of students’ resumes. Students work with their assigned mentors who provide guidance and feedback on the student resumés. This process is designed to support them in preparing for internship applications.
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Interview Practice
This module provides a general overview of good practice for interviews, followed by an opportunity for students to practice through one-on-one mock interviews with industry practitioners. Students and interviewers are matched based on their industry interest, such as underwriting, accounting and actuarial.
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Lunch & Learns
This module was developed based on feedback from Bermuda College students who wanted to learn more about various areas of the market. The sessions, which are organised by student volunteers, in conjunction with the ILS committee, cover important topics and questions, including “What do actuaries actually do?”, “What do brokers actually do?” and “How are insurance companies structured?”, helping to give students a broader understanding of the market.
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Internships
Through internship partnerships between ILS Bermuda and local companies, students are encouraged to apply and interview for paid summer internships and work-shadow opportunities that are exclusively dedicated for Bermuda College students from this programme. Internships are offered by ILS and other insurance and reinsurance market participants where students can learn ‘hands on’ and gain valuable work experience.
Testimonials
record_voice_over “Bermuda College Programme 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 Programme to anyone that is considering joining.”
record_voice_over “This has been one of the most interactive, immersive, and challenging internships I've experienced. From the various homework assignments on topics like 'the protection gap' to listening in on actual calls about ILS transactions, this was a great learning experience for me."
record_voice_over "Having this internship while I was in school was very beneficial due to the classes I am currently enrolled in. I was able to take what I was learning in school and use that knowledge at the office. Everyone at the office has been incredibly helpful teaching me new things and has made my time with Integral ILS unforgettable."
Are You Ready for a Career in ILS?
If you are a Bermuda College student, this is your opportunity to discover the tools, connections, and insights you need to launch a successful career in the innovative and dynamic world of insurance-linked securities.
By joining this programme, you’ll gain:
Hands-on Industry Exposure
Networking Opportunities
Personalised Mentorship
Career Readiness Support
Currently Not Open for Applications
Applications for the 2025 – 2026 student cohort are not yet open. Interested students are encouraged to discuss participating in this programme with:
Craig Simmons – cfs@college.bm
Ali Arouzi – aaouzi@college.bm
Kayla Bridgewater – kbridgewater@college.bm
ILS Bermuda – ilsbdaeducationoutreach@gmail.com
Register your interest to be the first to know when applications open.
Who Should Apply
You are encouraged to apply if:
You have a keen interest in (re)insurance, investment or the insurance-linked securities market
You have aspirations of a career in the insurance sector
You are looking for hands-on experience to broaden your understanding of the industry
You are looking to develop your industry network
You are interested in a paid internship from 4 to 8 weeks in the summer
Eligibility
To be eligible for the programme:
Students must be enrolled as a student at the Bermuda College either as a dual enrollment student or as a dedicated Bermuda College student.
Successful candidates may use the internship to complement their college learning, as well pursue opportunities to earn an internationally-recognised insurance designation.
Important Dates
Job Board
Future internship opportunities will be posted here. Please check back for updates.
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2025 Marsh Management Services internship programme
Marsh Management Services (Bermuda) Ltd. offers a full suite of (re)insurance management services, including but not limited to, claims, accounting, risk management, compliance and governance support to (re)insurance vehicles. We are now accepting applications for our 2025 Marsh Management Services internship program in conjunction with the Bermuda College and are looking for a student for our internship program. The successful candidate will work with the Marsh Management Services team in their Bermuda offices. The internship will take place during summer 2025 and will run for six to eight weeks.
Please submit applications to nicolas.plianthos@marsh.com including a covering letter explaining why you should be considered for the internship including a copy of your resume.
Application deadline: January 10, 2025
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Bermuda Monetary Authority ILS Internship Programme
The Bermuda Monetary Authority (Authority or BMA) is the integrated regulator of the financial services sector in Bermuda. The Authority supervises, regulates and inspects financial institutions operating in the jurisdiction.
We provide unique and meaningful career opportunities that contribute to the maintenance of the most vibrant sector of Bermuda's economy.
We are now accepting applications for our 2025 Bermuda Monetary Authority ILS Internship Programme. The successful intern will work with the Authority’s Insurance-linked Securities’ (ILS) team while gaining exposure to a variety of ILS business models that exist in Bermuda. Interns can expect to be exposed to business plans, financial statements, annual reviews, and a variety of supervisory activities related to ILS supervision in Bermuda.
The internship will take place during summer 2025 and will run for 6-8 weeks.
To apply, send your resume and a cover letter to careers@bma.bm. Cover Letter should detail why you are interested in the opportunity and what you hope to gain from the internship program.Application deadline: January 10, 2025
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ILS Bermuda College program internship
Integral ILS Ltd is an independent ILS fund manager headquartered in Bermuda. With strategic partners such as TransRe and Amwins, Integral provides its investors with comprehensive access to the broader natural catastrophe and event-linked insurance value chain. During the three-month internship period, the selected candidate will have the opportunity to work closely with seasoned professionals in the field of ILS fund management.
Duration: 2-3 months, starting in May or June 2025
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Price Forbes Summer Internship
The Ardonagh Group is one of the world’s largest risk distribution Groups, placing more than $18bn of GWP into global markets. In Bermuda, the firm trades as Price Forbes (insurance) and Price Forbes Re (Reinsurance and Capital Markets). Together, these businesses have grown to become Bermuda’s leading independent intermediaries.
We are seeking a Summer Intern to join the company for 6 weeks, from Monday 16th June 2025 to Friday 25th July 2025. The internship is paid. The candidate will work with teams across our insurance, reinsurance, and capital advisory businesses (Price Forbes (Bermuda) Limited; Price Forbes Re (Bermuda) Limited; Price Forbes Capital Markets Ltd.).
Deadline for applications: January 10, 2025
Please submit your CV and a short covering note to Heidi Marshall at hr@details.bm.
Offer an internship
If you are an organisation that would like to support the education initiative or offer an internship, then please contact us.
We'd love to hear from you.