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SIP students taste business world

2011 Summer Intership Program partcpants are joind by the progam sponsors and coordinators at the ACE Building in the City of Hamilton on Thursday after the programs completion. ( Photo by Glenn Tucker )

Jubilee-Ann Edness wasn’t even thinking about a career in insurance until her mother’s parked car was hit by another vehicle.Her mom’s shock at the replacement value given by the insurance company set Miss Edness on a path to research the industry and its practices.And it was ultimately her inspiration to pursue a degree in risk management insurance at St John’s University in New York, after she graduated from Berkeley Institute.Miss Edness, 18, was one of 12 Bermudian university students selected from 28 applicants for the 2011 Summer Internship Programme with Ace, HSBC and Deloitte.She and fellow student Jonathan Bath, 23, called it an eye-opening and invaluable experience.More than anything, they said, it solidified their career plans, and showed them how many different types of jobs there were within the reinsurance, banking and accounting industries.Miss Edness commended the SIP programme for reaching out to Bermudians and said she hoped international companies in Bermuda would reach out even more to schools to expose students to careers in accounting, banking and reinsurance.“It helped me to enhance the skills I already possess and develop new skills,” Miss Edness said. “I really enjoyed the hands-on exposure in international business in Bermuda.”Mr Bath who pursued a degree in environmental studies and physical geography at Queen’s University, Canada, after an education at Saltus and a school in Quebec, said the internship helped him to really understand the reinsurance industry and identify which area he would like to make a career.He said he found the accounting part of the internship far more interesting and creative than he expected.“What surprised me were the sheer availability of options and career paths and opportunities to go overseas with these companies,” said Mr Bath.The 12 students students participating in the ninth annual SIP yesterday took part in a closing ceremony for the programme at the Ace building.During the 10-week internship they had worked at each of the three partnership companies - focusing on insurance and reinsurance at Ace, assurance and accounting at Deloitte, and finance and risk management at HSBC Bermuda.The SIP students also dedicated one day a week to work on community service projects specifically designed to encourage their team building and leadership skills.The team assigned to Eliza DoLittle’s Daily Bread Programme developed a marketing plan aimed to help the executive director, Margaret Ward, increase awareness throughout the community and obtain greater corporate involvement.The team working with Teen Services developed a marketing plan that will help promote the organization’s various youth services. They suggested strengthening the brand with an updated website design, new motto and logo.“It has been a pleasure coming together with other young Bermudians with different backgrounds to gain experience in Bermuda’s core business sectors - as well as benefiting the community through our charity projects”, said Mr. Bath. “In just ten short weeks, I have noticed significant personal and professional development in both myself and my team members.”The 12 students who took part in the 2011 SIP were: Jonathan Bath, Queen’s University; Jubilee-Ann Edness, St. John’s University; James Chiappa, College of Charleston; Charis Haynes, Concordia University; Christine Jack, Queen’s University; Jennifer Looby, Bermuda College/University of Kent LLB; Anna Mackenzie, University of Edinburgh; Sonia Minors, Rollins College; Carolyn O’Shea, Stetson University; Teron Ratteray, University of Western Ontario; Matthew Sinclair, The College of William and Mary; Milton Stephens, Wilfrid Laurier University.

Photo by Glenn TuckerEnthusiastic: SIP participants Jonathan Bath and Jubilee-Ann Edness