Standard Life Graduate Scheme in the UK - Interview Tips and How To Get Hired

Standard Life Graduate Scheme Key Information

Headquarters

30 Lothian Road, Edinburgh, EH1 2DH

Sector

Financial Services

Size

Over 9,000 employees, turnover of £1.579 billion in 2011.

Grad Salary

Around £35,000

Pros and Cons

Pros

Very diverse and multicultural business.

Lots of progression opportunities.

Excellent all round benefits package.

Cons

Training can feel unsupported due to prohibitive workload of managers and experienced colleagues.

Standard Life Graduate Scheme Overview

Graduate schemes at Standard Life last between 18 months and three years, depending on the sector in which you are working.  During the 18-month programme, graduates can expect to undertake anything from three to up to six different placements across the business.

Candidates are required to have achieved at least a 2:2 at degree level.  For some areas of the business, such as HR, the degree discipline is unimportant; however, for more specialised technical areas candidates will need a specific degree, and potentially a professional qualification from a recognised awarding body.

Standard Life are looking to recruit talented individuals, with lots of energy and the ability to think quickly on their feet.

Standard Life Graduate Scheme Interview Tips

Do you want to be a manager? Whatever the answer to that question, expect Standard Life to examine your reasons and competencies regarding a managerial role. If you have no desire to attain a management position, ensure this does not come across as negative.

How do you close a deal? Even if you are not looking at a marketing or sales role, Standard Life will be looking for experience and demonstrable ability to negotiate favourably and close a deal.

Standard Life Overview

Standard Life has over six million customers around the world, and is a leading provider of long-term savings and investments solutions. The business employs over 9,000 people around the world. Standard Life’s current business focus is to continue driving growth throughout their portfolio of interests, believing that they have the influence to directly impact positively on market development.

In addition to this, Standard Life is looking to capitalise on the growing consumer need for longer-term savings and investment solutions across the world. Standard Life has a growing presence in the lucrative Asian market, with India and China in particular set to be huge growth areas in the coming years.

Standard Life Locations

In the United Kingdom, Standard Life operates entirely out of Edinburgh, where they have four office locations.

Globally, Standard Life has prominent offices in Sydney, Beijing, and Montreal.

Standard Life Future Salaries

It can be difficult to progress within Standard Life, due to at times a lack of internal communication, cohesion, and clear processes.

Salaries on a par with the Financial Services industry can be earned for those who are able to earn promotion within Standard Life.

Example salaries include;

Risk Manager £38,000 - £42,000

Senior Accountant £47,000 - £51,000

Investment Manager £60,000 - £70,000