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The Insurance Apprentice rounds up over a hundred applicants

06 October 2014 Myra Rego

As applications drew to a close on the 30th of September, The Insurance Apprentice made its mark as it reached a milestone of attracting 116 applicants from various parts of the short-term insurance industry.

Having received over a 100 applications, Rianet Whitehead, Editor of FAnews says, “there has been good overall feedback from the industry about the initiative and we are very pleased with the number of applications we have received. This makes the competition much stiffer as we get ready to tackle and sift through these fine applications, bearing in mind that the ultimate goal is to provide a platform for young industry representatives to showcase their abilities.”

Instrumental in the design of the programme is Peter Todd, President at the Insurance Institute of South Africa (IISA). Todd shares his excitement about the 'long overdue' initiative by saying,” it is an interesting concept and we cannot wait to show people the fun and serious side of the industry by highlighting that you can have a real career but it can also be fun.” 

One size fits all

So what now? The next step for The Insurance Apprentice is, as mentioned above, sifting through these applications in order to identify the best possible candidates for the programme. 

Todd continues to say, “with the vast amount of applications received, it makes it that much more difficult as we see there is a lot of potential.” 

It is a priority to attract the necessary talent, and that is why multiple steps and phases will be implemented to drill out a lot more information, helping to gauge an accurate way to compare candidates and filter out applications.

Ultimately a ‘people industry’

The Insurance Apprentice will give six people an intense five day learning experience and at the same time educate them, while people watch the series about the variety of career options available in our industry.

It is often that the mere word insurance makes people cringe when it is mentioned as a career pathway, but why?

The reality is that there are a few misconceptions about the industry and the kinds of careers it can offer, when in fact it is the complete opposite.

An insurance career can offer stability, variety, challenges, rewards and above average potential for advancement. At its core insurance is ultimately a ‘people industry’ – whether that be in managing client or business to business relationships, working as part of a team to assess a potential risk, helping someone through the claims process or conducting an interview as part of a fraud investigation.

These representatives of The Insurance Apprentice will be given the chance to showcase their skills through a variety of tasks within the market in order to test their industry knowledge, resourcefulness and determination, which will ultimately be judged by an expert panel.

The filming of The Insurance Industry will happen over five days in January 2015 where the six contestants will be rated according to their performance on each task. The winner will go to Lloyds of London for four days…an experience of a lifetime!

Supporting skills development

This initiative, brought to you by FAnews, has sponsors who support this initiative whole heartedly. To date, Inseta, Hollard, MUA, AUM, Milpark, Lloyds, FNB Insurance, Norton Rose Fulbright and Fulcrum have jumped on board and have officially confirmed their support. 

These companies are proud to be able to show their commitment to The Insurance Apprentice through supporting the skills development of young industry representatives and helping them prepare for a rewarding future, and at the same time showcasing our industry to a much bigger audience.

If you are committed to playing a part in influencing the lives of these individuals and are looking for an opportunity to make a difference on a platform that will be a first for our industry, there are more sponsorship opportunities available.

To keep up to date with The Insurance Apprentice we invite you to like The Insurance Apprentice Facebook page here https://www.facebook.com/theinsuranceapprentice and follow The Insurance Apprentice on Twitter here: https://twitter.com/TheInsApp.

‘Follow the journey’ and stay abreast of the latest news and happenings of The Insurance Apprentice by signing up for the newsletter here.

Editor’s thoughts:
It is important to remember that the continuing development of new skills and knowledge throughout life is valuable for individuals and essential for the economy. Please comment below, interact with us on Twitter at @fanews_online or email me your thoughts myra@fanews.co.za.

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