Risk Management Assistant - One Year Industrial Placement

12 Jan 2018
13 Feb 2018
Contract Type
Full Time

Risk Management Assistant – One Year Industrial Placement

General Information

Job Title:Risk Management Assistant

Level:Industrial Placement Student

Department: International Risk Management

Location: Woking, Surrey

Application closing deadline date: 18/03/2018

Start date: 09/07/2018

(Exact date TBC)

Duration: 13 months

Number of vacancies: 1

Application Process: CV and Cover Letter; Telephone Interview; Assessment day (Excel assessment and face to face interview)


The Risk Management team oversees the management of the UPS International Insurance company, which provides insurance services for United Parcel Service Inc. and its subsidiaries. One of the main purposes of the team is to ensure risks are mitigated and decreasing the costs of accidents and claims against UPS companies.


Ø Assistance in the completion of monthly data extraction, analysis, and reporting tasks, working with Risk Management Specialist

Ø Assisting with in-depth data analysis leading towards presentations relating to accident prevention and accountability, and the continued development of ad-hoc Risk Management reports to this end

Ø Data collection, verification and presentation working with Region and Corporate Risk Managers

Ø Managing the renewal of the Global Insurance Program for various policies and regions

Ø Assisting with Claims Management for the Europe Region; including data extraction and analysis

Ø Daily Cash Flow Forecasting and payment administration for the UPS International Insurance company

Ø Responsible for UPS International Insurance funding, FX transfers and claim payments

Ø Completing on site audits on third party service providers throughout Europe to ensure claims are handled to the standard expected and working with providers to improve processes

Ø Maintaining and updating the Risk Management departmental procedures relating to all activities above

Critical Performance Indicators

Ø Completion of daily and monthly tasks efficiently and to the required timescales

Ø Completion of ad-hoc analysis and project tasks and the timely communication of these as required to the Risk Management department and other UPS departments

Knowledge & Experience

Ø Must be working towards an undergraduate degree in any field which requires analytical skills. A year in industry must form part of your degree for you to be eligible to apply

Ø Potential to develop strong project management, communication (written and oral), interpersonal and networking skills

Ø Proficient PC skills: Excel, PowerPoint, and Word

Ø Ability to manipulate and analyse data using common programs, plus the initiative to create and explore potential routes of enquiry and develop these to the point where they can be presented and discussed within the Risk department and other UPS departments

Intangible Characteristics

Ø Self-starter, self-motivated and highly productive individual. Willingness to develop a rapid understanding of business processes and use data to develop meaningful analyses of these

Ø Strong interpersonal skills needed to communicate with both systems and business minded individuals

Ø Ability to work effectively with both internal colleagues and external suppliers

Ø Excellent communication skills to overcome language and cultural barriers while regularly working with colleagues across the globe

Ø Strong multitasking ability needed to facilitate multiple projects and daily ad hoc requests


Ø An opportunity to gain valuable hands-on industry experience with a Fortune 100 company

Ø An inside view of UPS operations and work environment

Ø Managerial level meetings experience and networking opportunities

Ø Skills development, which will boost the start of your career

Ø Exposure to the insurance industry and the claims litigation process

Current Placement Student Testimonial

“Half way through my placement and it’s amazing reflecting on how much exposure I have had in the past 6 months. I’ve had the opportunity to see many different sides of UPS as a business as well as the insurance industry as a whole. My experience has ranged from spending a day delivering packages, going on international audits, attending meetings with lawyers to discuss claims, and there’s even more planned for my remaining time. Being an integral part of a small, experienced team means that the responsibility is real and much more than I was expecting for a placement. This has been the most rewarding part for me as I have seen work done by me have real life impacts on the business, and this has helped increase my confidence with business environments.”(Mayukh, Risk Management Placement Student 2017-2018)