IIG News

“Revitalizing Insurance: Making Careers in the Industry Sexy Again”

Picture this, a gentleman with a briefcase knocking at your door – ready to sell you insurance that is believed to be a “grudge” purchase. Well, not exactly. We have realized that insurance is no longer a grudge purchase but now more than ever, a necessity.  Let’s shift the perception of the misunderstood and underestimated insurance industry. With diverse educational opportunities and professional platforms supporting talent, offering dynamic careers and continuous innovation, insurance presents a sector with an overflow of promise.

Consider why diving into an insurance career might be your smartest move yet.

 

Comprehensive Educational Pathways
A solid educational foundation is essential for anyone looking to thrive in the insurance industry, the industry is vast and complex, but pursuing further studies will help bridge the gap. Several esteemed institutions offer specialised programs that equip students with the necessary knowledge and skills.

 

Milpark School of Financial Services offers a range of qualifications tailored to the insurance sector:

  • Higher Certificate in Short-Term Insurance (NQF 5)
  • Advanced Certificate in Short-Term Insurance (NQF 6)
  • Bachelor of Commerce in Short-Term Insurance (NQF 7)
  • Post Graduate Diploma in Risk Management (NQF 8)

 

These programs provide a thorough understanding of insurance principles, risk management, and the regulatory environment, ensuring that graduates are well-prepared for the complexities in the industry.
For more information, visit Milpark School of Financial Services.

For those focusing on regulatory exams, Moonstone offers comprehensive training for the RE 1 and RE 5 certificates, essential qualifications for compliance in the South African insurance market. These certificates ensure that professionals meet the necessary standards of competence and ethics.
Learn more at Moonstone.

 

Professional Membership and Development

Professional growth in the insurance sector is supported by organizations such as the Insurance Institute of South Africa (IISA).
Recognized by the South African Qualifications Authority (SAQA), IISA offers designations that validate your expertise and commitment to the industry:

  • General Member
  • Licentiate (LIISA)
  • Associate (AIISA)
  • Fellow (FIISA)

These designations open doors to networking opportunities, continuous professional development, and industry recognition. For more information, visit IISA.

 

Innovative Platforms and Competitions

The insurance industry fosters innovation and skills development through unique platforms and competitions. The Insurance Apprentice is a reality-style series competition that showcases the industry’s diversity and highlights its participants’ talent and creativity. This initiative aims to attract new talent to the industry and educate the public on the varied career opportunities available.
Learn more at The Insurance Apprentice.

 

Collaborative Learning and Improvement

Continuous improvement is a cornerstone of the insurance industry. The Claims Forum is dedicated to enhancing the standards of claims service through collaboration and shared knowledge. By fostering a culture of learning and improvement, the forum aims to elevate customer service standards across the industry.
Discover more on their LinkedIn page.

 

So why choose an insurance career?

With its critical role in managing risk and supporting economic stability, the sector is constantly evolving to meet the challenges of a changing world. It offers diverse opportunities, professional growth, industry support, and impactful. The industry has something for everyone, whether you would like to work in underwriting, claims, risk management or customer service, the insurance industry offers a wide range of career paths.

The insurance industry is ripe with opportunities for those looking to make a meaningful and dynamic career choice. With the right education, professional support, and a passion for helping others, you can find success and fulfilment in this ever-evolving field. So, why not consider insurance as your next career move and help make the industry sexy again?

 

Article Written by Deidre Henneberry | IIG Education

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