Mentorship Session by the IIG: A Catalyst for Professional Growth and Industry Evolution
On the 10th of April 2024, the Insurance Institute of Gauteng (IIG), in collaboration with the ARTG- African Resources Training Group, hosted a mentorship workshop at iTOO Special Risks. The occasion was graced by distinguished IIG Council Members and mentors from diverse corners of the insurance sector, including short-term insurance companies, brokers, reinsurers, and loss adjusting firms.
This year, the IIG Academic Programme welcomed 17 eager learners hailing from various provinces and possessing a range of tertiary qualifications. These promising insurance professionals are driven by a thirst for knowledge and a passion to make a significant impact in the industry. Sponsored by INSETA, with educational support provided by ARTG- African Resources Training Group, the programme is managed by the IIG Impact and Transformation team. Their efforts ensure seamless operations, from securing funding to orchestrating the mentorship relationships vital to the programme’s success.
Designed to span a year, the IIG Academic Programme boasts a curriculum aligned with the National Certificate in Short-Term Insurance (NQF 5). Its objective is clear: to equip students with the essential skills and knowledge required to excel in the insurance industry, all while championing diversity and inclusivity.
The Mentorship Process: A Guided Journey of Growth
The full-day mentorship session at iTOO commenced at 9 am, where the 17 students engaged with mentors under the guidance of a seasoned facilitator. The mentorship process, as structured by the IIG, is a carefully planned journey that promises mutual benefits for both mentees and mentors.
Stages of Mentorship:
- Matching and Allocation: Each mentee is paired with a mentor based on their interests, aspirations, and areas of expertise, ensuring a synergistic relationship.
- Orientation and Expectation Setting: A formal session establishes the roles, responsibilities, and deliverables for both mentors and mentees, setting the stage for a productive partnership.
- Regular Check-ins and Feedback: Scheduled meetings allow for continuous guidance, feedback, and adjustment of goals, ensuring the mentorship remains relevant and impactful.
- Evaluation and Reflection: At the end of the mentorship period, both parties reflect on the journey, assessing achievements, challenges, and lessons learned.
The Impact of Mentorship: A Win-Win for Individuals and the Industry
For Mentees:
– Personal Growth: Exposure to real-world scenarios and challenges fosters critical thinking, problem-solving, and decision-making skills.
– Professional Development: Guidance from experienced mentors accelerates learning, expands networks, and enhances job readiness.
– Career Advancement: Access to opportunities within the industry, such as job shadowing and work placements, paves the way for a successful career in insurance.
For Mentors:
– Leadership and Fulfillment: Sharing knowledge and expertise with the next generation of professionals brings a sense of accomplishment and contributes to personal growth.
– Networking: Engaging with young talent and fellow mentors fosters valuable connections and promotes collaboration within the industry.
A Call to Action: Shaping the Future of the Insurance Industry
In addition to academic mentorship, the IIG is committed to providing students with work readiness and job shadowing opportunities within the industry. We invite organisations with employment or job shadowing opportunities to reach out to us at info@iig.co.za.
We extend heartfelt gratitude to all mentors for their unwavering commitment to nurturing the next generation of insurance leaders. Special thanks also go to our sponsors and council members for their invaluable support, enabling us to make a lasting impact on the industry.
As the backbone of our country, we must unite in our efforts to combat unemployment and empower our youth to realise their full potential. Through mentorship and collective action, we can shape a brighter future for the insurance industry and South Africa as a whole.
Article Written By Aaron Mrabalala
