Work Experience #3

I recently started my third and last work experience which is very sad. I have really enjoyed learning about the world of work and meeting all of the new people in each of my work experience placements.

This time around I am in a reinsurance company called Renaissance Reinsurance. Reinsurance is "a process whereby one entity (the reinsurer) takes on all or part of the risk covered under a policy issued by an insurance company in consideration of a premium payment. In other words, it is a form of an insurance cover for insurance companies." . Which sounds very boring but very important. For example if there is a flood in your housing estate and all of the houses are covered by the same insurance and they are all ruined, it will be very expensive to fix them all and if your insurance company gave everyone the amount of money they need there would be no money left for the insurance company to pay staff etc. This is where the reinsurance company comes in, they give the insurance company money so they can cover all the damages. This all still sounds very boring.

In my work experience I fill in A LOT of spreadsheets. I was asked to research the companies competitors in London . I looked at each companies Annual Report and found all the information that I needed. It is quite tedious and boring but I also get to have an hour long video call from my supervisor who is working in London at the moment. He tells me all about the insurance companies and what is involved in having a job there.

I also get free lunch from any of the five restaurants that are nearby the office which is a big plus. I also have lunch with Ellen   as she is in Work Experience near by.

Although it sounds very boring I really enjoy my work experience.

Where Would You Like To Visit When You Finish School?

When I finish school I hope that I will be able to visit many places all over the world so choosing just one place is very very difficult.

After much thought I have decided on South America. Very precise right ? There is no one place that I would like to go the most in South America but the continent itself interests me a lot. I think their culture would be very different to ours. I think there is a lot of beautiful undiscovered spots there that would be amazing. I want to go to Machu Pichu in Peru, to Carnaval in Brazil, to Buenos Aires in Argentina, to taste Colombian coffee in Colombia and try to get to as many countries as I can in South America.


Argentina

Buenos Aires

Brazil

Rio De Janeiro 

Colombia 

Houses in Colombia

Peru

Machu Pichu