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MBA Mentoring Support at Admiral

When we recruit MBAs we are looking for a handful of special individuals who are seeking a personalised experience that will give them the opportunities, challenges and freedom to explore. We believe mentoring should not but one set program, but it should be tailored to the needs of each individual that works with us. MBAs have the autonomy to make an impact and we are here to support you in an environment where you will ultimately be making the decisions in the projects you work on.

Simon (INSEAD 2010) joined Admiral in 2019 on the Future Leaders Program. We spoke to him about the mentoring support he received as an experienced MBA through his first year before recently stepping into his new role as CFO of Admiral Pioneer.


Mentoring support

"I joined the Future Leaders Program with several years of post-MBA experience, so in my first few months, the main thing for me was to focus on doing my job well and not be micromanaged by an overbearing mentoring system. Marisja (Head of International Business Development and Investor Relations) did an incredible job tailoring her management style to my situation as someone who completed their MBA a few years before joining Admiral.

What I needed, was support on very specific things, like help to unblock a particular issue, or just to bounce ideas off. I felt like it was very much led by me."

I got all the support I needed, and none that I didn’t. And that was good.

Simon Flynn

Experience working with the CEO

“In terms of learning from the CEO, it was one of the things I experienced in the first six months. David (Group CEO) had been invited to a meeting by an external company that wanted to partner with us, and he asked me to join him as he knew I was interested in this area.

We went to the car park and jumped in his car and, whilst I was navigating on Google Maps, he drove us to this meeting about half an hour away. That was a really good experience - I was very impressed that even as a fairly new MBA employee at Admiral, I was on the CEO’s radar. The meeting itself was another fantastic opportunity to learn alongside the CEO. I don't know of many places where that happens quite so easily.”

Feedback and progression 

“As I was coming towards my one-year anniversary, I reached out to seven or eight leaders in the business to get some feedback. This included David (Group CEO) and Cristina (UK CEO), who agreed it had been a very successful year. I wanted to have an open chat about how I might make the next year even better and where I might be best placed to work in the future. I always found people very available for that kind of conversation, which I think is hugely valuable.”

Support and a personalized experience 

At Admiral, it is up to you make your own career, but you will be supported in an individualised way to make it happen.

Simon Flynn

"This is one thing that really does distinguish Admiral from other MBA programs: we think about the individual and tailor the experience to each person. That is different from some of the big consulting firms, where the programs are very set. Here, there's an option to say “You know what, I would love to go to Spain for a year to learn about claims!” for example.

I have received a truly tailored experience; in my case, I didn't want any international projects, because I've spent so much time overseas in my career already. So, my preference was to stay in the UK, and that was listened to from the start, even going back to the recruitment process.

All in all, I can thoroughly recommend the Future Leaders Program – both if you’re a recent MBA, but also if you have several years of post-MBA experience like me. It’s tailored to you and will allow you to build your own career path from the start."

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Admiral Life

Why MBAs should reconsider a career in insurance

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05/08/2020

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Sheli Miller (Bocconi 2015), International Pricing Manager, gave us her honest review of what we know everyone thinks when you say “insurance”. Sheli shares how that first thought, and a little research, has taken her down a career path she never thought “insurance” could provide."When I initially saw the advert for the Admiral MBA internship, I honestly didn’t consider it. It’s insurance, right? So, I assumed it wouldn’t be something that would interest me. A couple of weeks later I was speaking to an alum, and she said:‘Don’t dismiss anything! Don’t look at the field or the company - look at the job and what you will actually be doing.’I went back over the job ads and re-read Admiral’s and something clicked. I thought actually, I can do this, I would enjoy that, and that sounds amazing. At the end of the advert it said, ‘we also look for a sense of humor’, and I thought: ok, this is different! I started researching the company, and really liked everything I saw. I read about the company, the employees, the culture, the strategic opportunities, and challenges of the industry – one where you can really make a difference. All that, plus the job description, and Admiral became my first choice. Sheli Miller I sat down and wrote a cover letter of why I thought I was suitable. I was invited to an interview, which was followed up with a personal email to invite me through to the final stage video interview with senior managers. It’s now my 5-year anniversary with Admiral since joining on that summer internship!It was an amazing experience; I really enjoyed the company and the work, and I got to do things I wasn’t expecting. We did lots of networking events and ports of calls around the company. I really loved it and really hoped I could come back. On the very last day of my internship, I had an interview with David Stevens (Admiral Group CEO) for the full-time position of Business Development Manager (Future Leaders Program), and after a further video interview and completing my MBA I re-joined Admiral.After about a year Claire-Anne Coriat, who was at that point the Head of the MBA Program, suggested I try Pricing. I knew what Pricing did, but I had no idea what International Pricing Managers (IPMs) did. So, I spoke with Amit Chandra, who is a friend and an experienced IPM at Admiral, to help give me an idea of the role. I joined as an IPM initially for a 6-month trial, and then joined as a permanent IPM, in which time I have seen so much growth and change in this area.Each country in the Admiral Group has its own pricing department, and International Pricing initially started as a way to share pricing knowledge and expertise around the Group. Over time it’s also become about coordinating between our different countries. A Pricing Manager is usually very technical and International Pricing Managers bring a lot of experience from other industries and backgrounds. The IPM role requires both these aspects along with the ability to think commercially, take ownership of projects, and think strategically.One of my favorite projects really shows how you need to pull all these skills together; it was actually about windscreen claims. In the UK we barely look at them, because they account for such a tiny percentage of the loss ratio. But in some of our other countries, they account for as much as 5% of the loss ratio. I was asked to find out why!I had to speak to Pricing people in all our different countries, as well as Claims people to really understand how the claims are handled and what the commercial arrangements are. It turned out there were so many different factors driving the difference between the UK and our international operations, for example, the lower premiums in other countries affects the proportion of the windscreen claims. Some countries were also much better at handling windscreen claims from an operational perspective, so we learned a lot. This was a very analytical project, but also required talking to and working with many different people. The combination of these skills is what makes an IPM successful. Sheli Miller I never would have thought going into insurance could be so interesting, but my career to date with Admiral has given me great exposure to a variety of strategic projects and it's great having the autonomy to make decisions and drive your own career path. I would definitely recommend the MBA internship as well as the Future Leaders Program to any MBAs considering their next career move."

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Sheli Miller (Bocconi 2015), International Pricing Manager, gave us her honest review of what we know everyone thinks when you say “insurance”.

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Kat Gil Mast

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Kat Gil Mast

Kat Gil Mast

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Kat Gil Mast

What does it take to be a great leader? - Henry Engelhardt (CEO Emeritus)

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17/07/2020

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We often hear how Henry Engelhardt, Founder and CEO emeritus, has inspired many people: both inside and outside the Admiral Group - whether that is from working with him closely, or from simply hearing one of his many memorable speeches. So, we wanted to share a small insight from a recent talk he gave at INSEAD in May 2020. "Admiral is moving into the future. Next year, Milena Mondini, will take up the reins of Admiral when she becomes CEO. It will be the first time in our history that we won’t be run by one of our founders. As we transition to this new era, we are looking for the next generation of leaders, business builders, and managers. We need people who are bright, hungry, intelligent, and decent. That’s why we keep coming back to recruit MBAs from some of the best business schools in the world. Milena needs the strongest people she can find to take Admiral to the next level. There are no barriers to what Admiral can achieve. There are no blinkers on what businesses we achieve it in. For those of you, who see Admiral as an Insurance company, I say: that's what we mostly do now. But the future? Who knows? We’re looking for people who can be great leaders, managers, business people, and people. We don’t really care what industry you’ve come from. In fact, in many regards, knowing little or nothing about insurance can be an advantage.    Whatever your experience, we’re looking for people who can take nothing and make something; we’re looking for people who make teams better; we’re looking for people who can inspire and motivate those around them; we’re looking for people who can grow into being great leaders. Why not you? So, what does it take to be a great leader and manager? One – make great decisions. This involves gathering and interrogating data.  Two different skills, both very important. It involves teamwork – the buck stops with all of us, not any single individual. The team, the team, the team. And, ultimately, it involves decisiveness. To make a great decision you must make a decision!Two – be great with people. This means understanding some of our simple philosophies, like "If people like what they do, they’ll do it better" – so we go out of our way to create a culture where people really like their jobs. It means understanding how important you are to the people you manage. Understanding how important little things, like saying good morning or goodnight, are. It means being a great communicator.  Three – be creative. This means you have to do things differently to succeed.  Something has to be different; either the offer to your customers, your product design, the way you manage the process, the way you get more energy from your people…something. Great managers are very creative: they push others to see opportunities and ideas that would normally get buried in a corporation. If you can be great at those three things you can be a great leader. But there’s no formula.  It’s not a recipe. If it was, we’d all just read it and become great leaders. It takes a lot of hard work. A lot of thought. And there is one special ingredient that is different in everyone’s recipe: you. We’re all different from each other and that means we all bring something special to the party.  I went to a good high school and did well, but not top of my class. I went to a good but not exclusive university. Again, I did well, but not top of my class. A few years later, I completed my MBA at INSEAD, one of the world’s leading business schools. I didn’t make the Dean’s List. What I’m trying to say is that I am not, by any means, extraordinary. So, if I can achieve what I’ve achieved, so can you!" 

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Henry Engelhardt, Founder and CEO emeritus, has inspired many people: both inside and outside the Admiral Group. So, we wanted to share a small insight from a recent talk he gave at INSEAD in May 2020.

Read on
Katharina  Gil Mast

by

Katharina Gil Mast

Katharina  Gil Mast

by

Katharina Gil Mast

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