Risk Placement Programme 2023

A placement in our Risk division gives you unique exposure to the core elements of a risk management company and an opportunity to apply the skills you’ve developed so far and learn some new ones in a business environment.

We are exposed to over £7bn of asset risk via the vehicles we own and lease to our customers. Forecasting future vehicle values and asset depreciation is the bet we take when we lease our cars to our customers. But we don’t take that risk lightly – our Asset Risk team uses a combination of econometric and statistical approaches and industry expertise to understand and model the macro and micro influences – getting every car on fleet just £5 out amounts to >£3m!

Our Pricing team balances the needs of customers with those of our suppliers and scheme partners while managing our own profit margins within a target corridor. To deliver that they optimise our forecasts of costs and incomes to ensure an affordable, sustainable and varied product offering for our customers.

With over a million customers insured to drive our cars and an annual spend of almost half a billion pounds, our Insurance team is key to understanding the risk exposure both within our own fleet and customer base and via the external insurance industry. They also work closely with our fronting insurer and wholly owned subsidiary, which manages the reinsurance operation.

If you would like to find out what working in these areas entails, please do get in touch!

The placement

• London based although may require Bristol visits/short stay
• Exposure to all elements of the risk division although likely longer placements with deliverables in two areas (Asset Risk, Pricing)
• We also maintain flexibility to adapt placements across the different areas (e.g. if candidate very keen to work in insurance and business requirements can accommodate)
• The placement involves working as an analyst, understanding the internal and external factors impacting our analysis and forecasts, contributing to forums and review groups and influencing decision making as well as ownership of analytical projects with deliverables that make a difference

About you

You’ll need to be on track to gain a minimum 2:1 degree (in a numerate subject) to qualify for the Risk Placement Programme. We are looking for candidates who are:

• Studying an analytical degree, and have good commercial awareness
• Strong interest in working with data to drive better and faster business processes and decisions
• Confident presenter with excellent written and verbal communication skills
• Team players, eager to get involved and proactive in making the most of every opportunity
• Enthusiastic ‘can do’ attitude, passionate about your personal and professional development

About the company

Motability Operations is a unique organisation, virtually one of a kind. We combine a strong sense of purpose with a real commercial edge to ensure we provide the best possible worry-free mobility solutions to over 650,000 customers and their families across the UK. Customers exchange their higher rate mobility allowance to lease a range of affordable vehicles (cars, wheelchair accessible vehicles, scooters, and powered wheelchairs) with insurance, maintenance and breakdown assistance included. We are the largest car fleet operator in the UK (purchasing around 10% of all the new cars sold in the UK) and work with a network of around 5,000 car dealers and all the major manufacturers. We pride ourselves on delivering outstanding customer service, achieving an independently verified customer satisfaction rating of 9.8 out of 10.

Our values are at the heart of everything we do and our people demonstrate these values:

• Empowerment
• Empathy
• Inclusion
• Forward thinking
• Excellence

What’s on offer

As a Motability Operations team member, the benefits you can expect are:

• 15% non-contributory pension (9% non-contributory pension during probation period)
• 28 days annual leave in addition to bank holidays
• 1 day for volunteering
• Funded Private Medical Insurance cover
• Voluntary benefits: charitable giving, critical illness insurance, dental insurance, gym memberships and season ticket loans
• Employee Discount Scheme with an app to save on the go
• Free access to healthcare apps such as Peppy, Unmind, Aviva Digital GP and volunteering app on Hand for all employees

At Motability Operations, we believe in building a diverse workforce, where our people are empowered to attend work as their true selves, and we encourage people from all backgrounds to apply. We want to sustain a culture that nurtures, where employees are free to flourish and where they’re rewarded equally, regardless of race, nationality or ethnic origin, sexual orientation, age, disability, or gender.

We pride ourselves on being an inclusive employer and as such, all our offices provide first rate disability access. With our hybrid working environment, we do our best to accommodate part-time and flexible working requests where possible, building on our culture of trust, empowerment, and flexibility.

Please note, Motability Operations reserves the right to bring forward the closing date of any of its job vacancies if we receive a suitable number of quality applications from which to make a shortlist. Therefore, we recommend that you apply as soon as possible rather than wait until the published closing date.