Applications are now open for the African Reinsurance Corporation Young Insurance Professionals Programme 2024!

Young Insurance Professionals Programme Overview

Every year, successful candidates for the Young Insurance Professionals Programme will undergo a one-year training programme with a “stretch/learning assignment” built in, where they will gain valuable on-the-job experience. They will undergo an intensive 9 months’ on-line training on a specially designed package focusing on Reinsurance, Leadership and Management subjects. The training programme will be run in English and French.

Successful candidates will then be gathered for one week in Lagos or in another city where Africa Re has an office to conclude the training and for the graduation ceremony. During the one week face- to- face training, participants will be divided into teams.  Each team will be requested to present a paper of not more than 5 pages on how they expect to influence their respective organizations in the areas of training, knowledge and skills acquisition if they assume positions of authority.

The Young Insurance Professionals programme is expected to positively impact participants to:

• Understand the reinsurance industry and their future missions with regard to strong leadership, governance and accountability;
• Develop a constructive approach to competition in the African reinsurance markets by reducing some poor practices and approaches;
• Improve professionalism;
• Develop/improve internal operations processes (client servicing, claims handling, etc.);
• Contribute to market research and segmentation for low income clients, and develop products for the masses in order to increase insurance penetration;
• Contribute to the construction of reliable database of re/insurance market statistics.

Assessment and Feedback

Evaluation exercises and tests are incorporated and aim at different objectives: memorize and improve the understanding of the concepts, procedures and principles stated.

Mode of Delivery

Online Training

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Young Insurance Professionals Programme Modules

Every year, successful candidates for the Young Insurance Professionals Programme will undergo a one-year training programme with a “stretch/learning assignment” built in, where they will gain valuable on-the- job experience.

Young Insurance Professionals Programme Minimum Requirements for Eligibility

• Citizen of a member state of Africa Re;
• Maximum 35 years of age;
• Bachelor’s Degree or it’s equivalent;
• Relevant work experience in an insurance or reinsurance company, insurance broking firm or other related field;
• Access to the internet;
• Excellent written and oral communication skills in English and/or French.

Young Insurance Professionals Programme Application

Applications are welcome from qualified, young African Insurance Professionals working with insurance or reinsurance companies, brokerage firms, supervisory authorities or related organizations.

Interested candidates are requested to submit an online application between October 01, 2023 and January 14, 2024.

Applications received after the deadline, will not be considered. Applicants should upload their curriculum vitae, cover letter and reference forms. If deemed necessary, an interview may be part of the assessment process.

Documents Required

To make the process of enrollment as easy as possible, please find below a list of the documents you will need to supply as part of the application process. Have these ready to upload before you start the process.

Submission of Applications

• Please fill the form.
• Upload supporting documents
  • Curriculum Vitae
  • Cover Letter
  • Reference Form
  • Passport Photo

Once you have submitted your application, you will receive a confirmation by e-mail.

Successful applicants will be contacted by email on or before 31 March 2024 and must be available to commence the programme in April 2024.

The programme is FREE and deemed to have been completed only when a trainee successfully completes all the 14 courses.

Enquiries about the application process should be emailed to: applications@younginsurancepro.com; or yippenquiries@africa-re.com.

VISIT THE PAGE HERE AND APPLY

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