As every re/insurance executive knows, training and
recruitment are essential to the future of any company,
and few firms are more proactive in this area than
Validus Re and AXIS Capital.
Jeff Clements, chief executive officer of Validus Re, says the
reinsurer has had a dynamic student programme since 2008 and
is committed to recruiting talent in Bermuda. More than a dozen
alumni of the student programme have joined the company since it
started, entering a range of departments from IT to operations and
finance. In addition, the initiative has fostered a strong network
across the community.
Building on the success of its summer courses, Validus Re now
hosts students all year round via a partnership with Bermuda
College, focused on IT talent, and invites work experience students
to visit throughout the school year. Then there is the Validus
Scholarship, which provides bursaries and financial support for fulltime
undergraduate degrees at accredited universities.
According to Clements, Validus Re will always be committed to
helping Bermuda’s students achieve their educational and professional
aspirations. To this end, its student programme takes a holistic
approach to student development, combining financial support and
practical experience. Summer students engage in meaningful work
alongside their host departments, and weekly seminars are held to
introduce students to Validus Re’s business and the industry.
Help for existing employees
Besides supporting students, Clements says that Validus Re is
committed to investing in its people. He says staff are encouraged
to enhance their skills, knowledge and experience at every career
stage, with the aim of enabling peak performance in their role and
advancing their career.
Training programmes, both internal and external, and development
plans are available to support technical skills, soft skills, management
and leadership development. The company offers what Clements
describes as “comprehensive support” for academic qualifications and
professional designations that are relevant to its business.
“We are dedicated to providing the learning and development that
Validus Re team members need, when they need it,” says Clements.
“We recognise that the skills and knowledge of our colleagues are
important to the success of the organisation and that training benefits
both the individual and the company.
“Validus Re encourages professional development so that colleagues
can maintain and improve job-related skills or ensure they are strong
candidates for career advancement. Developing local Bermuda talent
represents a commitment to the Bermuda community and economy.”
As Clements points out, Validus Re is active in the community in
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