News Article

Credit Insurance

Euler Hermes selects candidates after receiving 130 applications for International Leadership Programme

By CreditMan Monday, November 24, 2014

Euler Hermes, the world’s leading trade credit insurer, is starting candidate selection for its 2015-2017 International Leadership Programme as the firm targets growth across Northern Europe.

The programme was launched in 2013 and has become an essential part of Euler Hermes’ Human Resources strategy to create and support a network of international leaders. The initiative attracted over 130 applicants from 14 countries.

Selection lasted more than six months and included a series of telephone and face to face interviews at local and regional level. Euler Hermes selected four individuals who began their comprehensive training in June 2014, with two weeks of intense preparation at the firm’s offices at 1 Canada Square in London.

The candidates are about to start their second of three six-month assignments, across a number of departments such as Risk Underwriting, Commercial, Finance and Bonding, and will rotate between the UK, Belgium, Russia, Netherlands, Romania, Denmark and Sweden.

Fiona Hanoman, Director of Human Resources Northern Europe at Euler Hermes, said: “Our Northern European operations cover an extremely diverse region with 16 languages, 10 currencies and four time zones, which present obvious and significant challenges to managing a recruitment process of this scale.

“All the hard work will pay off as we attract some of the brightest talent from across the continent and equip them with the skills and experience to become our leaders of tomorrow. The programme also demonstrates how important the development of human capital is. Businesses must invest in their workforce and have the right people in place if they are to achieve their growth objectives.”

Andrey Vorobyev, is an International Leadership candidate from the 2013 intake, who is now based in Russia. He was introduced to the scheme during his post-graduate internship at Allianz SE in Munich, Germany.

Commenting on the programme, Vorobyev said: “I was looking for a challenge with geographic mobility, but also the opportunity to get stuck in and contribute to a business right away. Over the past six months, the programme has given me just that and the chance to get a real insight into the financial demands of a business and the complete insurance process.

“I’m now based in Moscow, having completed my first six-month international assignment, and will move to Sweden in January 2015. I am excited to be part of a growing business that is led by an ambitious team. Looking back, I’ve come to realise how much hard work the programme is, but also how rewarding it has been and the level of exposure it offers to multiple business disciplines and markets in just several months. You would be hard pressed to find an initiative where, in just several months, a trainee will be asked to present a project to regional directors!”