Updating Results

Steadfast Group

4.6
  • 500 - 1,000 employees

Graduate Rotational Program (Feb 2024)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

Location

Sydney

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • SalaryAUD 60,000 - 65,000 / Year
  • Number of vacancies2-3 vacancies
  • Application open dateApply by 30 Sep 2023
  • Start dateStart date 5 Feb 2024

Are you about to graduate or a recent graduate with a dynamic personality and a passion for learning? 

Are you eager to build a solid foundation for your career?

Are you ready to join one of the best graduate programs in Australia? 

If you answered yes to the above questions, then we have an exciting opportunity for you! 

Steadfast, a leading Insurance firm is thrilled to announce openings for our exclusive 1-year Graduate Program, offering exciting 3-month rotations into Underwriting, Re-insurance, Broking and Head Office (in a division of choice). This experience has been designed to provide comprehensive education about the industry. Prior knowledge or experience in this field is not a prerequisite for participation. 

A bit about us

Steadfast was founded on the belief that a network of brokers would be stronger together, and this idea has been the backbone of our culture ever since. We believe that none of us is as good as all of us.

At Steadfast we believe in nurturing young talent and shaping future industry leaders. With decades of experience in the insurance sector, we have established ourselves as a market leader known for innovation, exceptional service, and unparalleled expertise. 

We are leaders of the general insurance broking and underwriting industry, and we lead from the front.

Your journey

Throughout this comprehensive 1-year program, you will embark on a transformative journey that exposes you to different aspects of the insurance landscape. Our goal is to equip you with hands-on experience, valuable insights and extensive knowledge, positioning you for an outstanding career in the insurance industry.

Key Program Highlights

Rotations: Enjoy 4 exciting rotations, each lasting 3 months, across our core business areas:

  • Underwriting: Analyse risks, assess potential clients, and participate in policy development. Gain a deep understanding of risk evaluation and pricing strategies.
  • Re-insurance: Collaborate with industry experts, analyse portfolio data, and understand the strategic role of reinsurance in mitigating risk.
  • Broking: Engage with clients, manage accounts, and negotiate terms. Develop vital relationship-building and negotiation skills.
  • Head-Office (Rotation of Choice): Experience the heartbeat of our organisation. Gain insights into our operations in a division of choice.

Mentorship: Receive dedicated guidance from seasoned professionals with each rotation. Benefit from their expertise as they help you navigate the complexities of the insurance landscape. 

Learning and Development: Participate in targeted training sessions, workshops, and industry seminars. Continuously expand your knowledge and skills under the guidance of our experienced trainers. 

Networking Opportunities: Connect with a diverse group of colleagues, industry partners, and executives during networking events. Build your professional network to open doors for future opportunities. 

Career Pathing: At the end of the program, based on your performance and preferences, we will help you find the best-fit role within our organisation or facilitate introductions to partner companies for potential career placements. 

A bit about you

  • About to graduate or recent graduate, with a bachelor’s degree (any discipline) with a minimum credit average.
  • Genuine passion for the insurance industry and a keen interest in pursuing a career in this dynamic field.
  • We value ideas and creativity as well as business acumen. Great communications skills and learning agility are key for the program.
  • We encourage open minded individuals, who can build relationships with multiple stakeholders, problem solve and think outside the box.
  • Most importantly, you will be a natural Steadfast person who will excel in our culture as our TOGETHER Values sit comfortably with you.

Why Choose Us

Commitment to your Growth: We are invested in your success. Our program is designed to accelerate your career trajectory through exposure to diverse experiences and challenging projects. 80% of all past graduates are still with us!

Innovation and Expertise: Be part of a forward-thinking organisation at the forefront of insurance innovation and best practices.

Inclusive and Supportive Culture: Join a diverse team that values collaboration, creativity, and individual contributions. We are an Endorsed Employer of Choice for all women, Family Friendly accredited, have an active DE&I Committee, a Reconciliation Action plan and a targeted Environmental Social and Governance plan. 

Career Advancement: Build a solid foundation for a thriving career in the insurance industry with ample growth opportunities.

If you still aren’t convinced, we also offer:

  • Flexible working to help you balance work and personal responsibilities.
  • Free company provided Life, Temporary Permanent Disablement, Salary Continuance and Travel insurances, plus access to other discounted insurances.
  • An expansive Health and Wellbeing program, which includes annual free health checks, annual free skin checks, Flu shots, holistic support and advice, discounted gym membership, exercise events & challenges and confidential counselling.
  • Discounts on travel, hotels, hire cars, electronic and vehicle packages through our various partners.

Ready to Launch Your Career?

If you're excited about immersing yourself in the dynamic world of insurance through our Graduate Program, we want to hear from you! Please submit your application, including your resume, compelling cover letter outlining why you're the perfect fit for this program and your academic transcription

Application Deadline: 30th September 2023 

The selection process will be undertaken throughout October and November 2023, with a series of interviews conducted by previous Graduates, the People & Culture team and key members of the Executive Team. The Graduate program will commence on 6 February 2024.

Apply now and let your insurance journey begin!

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Australia
Australian CitizenAustralian Permanent Resident

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Bachelor or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    Australian Citizen
  • Study fields
    Business & Management
  • Degree typesBachelor or higher
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Reviews

user
Intern
Sydney
7 months ago

In my role, I work with a variety of challenging yet insightful actuarial projects across different underwriting agencies. Despite the many challenges, working as an actuary, I still feel comfortable to explore different learning experiences with the supportive guidance I have received from my team.

user
Graduate
Sydney
7 months ago

In the graduate program responsibilities can include data analysis, research and developing a deeper understanding of risk evaluation.

user
Graduate
Sydney
7 months ago

Every now an then you will be tasked with a 'big' project to complete, which is more satisfying and meaningful than some of the other projects or tasks that you are assigned. At the majority of the rotations you are completing very minor admin tasks, and only by the very end of the rotation do you start completing more meaningful work, only for you to rotate to the next place. I was able to complete 'Project Graph' which I was very grateful for as I found it to be a genuine responsbility of mine to produce effective and meaningful outcomes for SCS.

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About the employer

steadfast logo

Steadfast Group

Rating

4.6

Number of employees

500 - 1,000 employees

Industries

Banking & Financial Services

Steadfast offers opportunities for a meaningful career in insurance, working with some of the most influential people in the insurance industry.

Pros and cons of working at Steadfast Group

Pros

  • The opportunity to get involved in meaningful projects and learn from peers, no matter how new you are. There is a tremendous amount of support provided by both managers and peers to help you grow and learn.

  • Work hours are exceptionally flexible. Working from home is greatly appreciated as it allows me to maximize my personal life experience alongside work commitments.

  • I believe the culture at Steadfast is outstanding. I have not met anyone who has not been genuine or inviting to me in the workplace.

  • Being able to kickstart my career with industry experts as my mentors and guides.

  • Steadfast is overflowing with CSR initiatives. It feels like every other week I get an email about new opportunities to give back to the community.

Cons

    • I believe the 6-week rotations were too short, and the three-month rotations are better. However, if you are placed in a rotation you love, you want to stay longer.

    • As the only intern in my department, I feel somewhat isolated from the rest of the company, especially with other interns who are the same age as me.

    • It would be nice to have more extensive showers or gym facilities to be provided. The office could use a facelift or move to a newer building.

    • With the cost of living increasing and me being completely independent in Sydney, I would like to be earning more.

    • Steadfast has made some commitments to the environment, but like every company, more can always be done.