Part-timers & Freelancers are welcomed to apply this Full time position
What is the iMAP?
The Insurance Management Associate Programme (iMAP) is the flagship talent development designed and initiated by the Monetary Authority of Singapore (MAS) and the Singapore College of Insurance (SCI) to attract and develop young talent for Specialist & Leadership roles in this industry. Launched in 2009, it is a structured 2-year fast track talent programme that offers professional accreditation and certifications, on-the-job training linked to cross-functional rotations, mentorship, international exposure, and special activities. In addition to putting what you have learnt into practice, iMAP also provides a structured post-programme career development with a view to leadership.
As an iMAP candidate, you would enjoy/be exposed to:
Full sponsorship of internationally recognised professional qualifications awarded by The Singapore College of Insurance (SCI) and The Chartered Insurance Institute (CII), UK (more details below)
Cross-functional rotations across General and Specialised Insurance Broking, Trade, Claims, and Business Development.
Mentorship from experienced practitioners and leaders in the company
Support from the company on your lecture and examination schedule
Special activities including visits and talks
Overseas International Insurance Programme
**Please note that this programme is not for roles in the Life Insurance sector (Financial Consultant/Insurance Agent). Applicants in search for roles in the Life Insurance sector need not apply.
Successful candidates will hired by their own respective companies and be bonded with them during the course of their studies and employment period. During lecture days, you will spend your time at SCI acquiring core technical skills and knowledge that will earn you professional designation - the ACII, awarded by The Chartered Insurance Institute (CII) in the United Kingdom. In addition, you will also earn the Certificate SCI (General Insurance), Certificate SCI (Reinsurance), Diploma SCI (General Insurance & Risk Management) and Advanced Diploma SCI (General Insurance & Risk Management). As a Diploma and Advanced Diploma SCI (General Insurance & Risk Management) holder, you are also eligible to apply for Associate CIP and Senior Associate
CIP membership of The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) respectively.
During non-lectures days, you will spend your time at your companies (Sponsoring Institutions) to acquire on-the-job experience in the various functional areas that will perfectly complement the academic component and develop you for future roles in your companies.
Relevant Requirements, Skills and Abilities
Second Upper Class Honours (Distinction) and above OR Magna Cum Laude and above
Fresh Graduates OR Graduates with not more than 1 year working experienc
Strong verbal and communication skills
Outstanding interpersonal skills, agile mindset and “can-do” attitude.
Confident and outgoing personality, able to deal directly with the senior people
Desire and passion to develop a career in the Insurance or Reinsurance industry
The Singapore College of Insurance (SCI) is a not-for-profit professional training and education body set up in 1974, as part of Singapore’s efforts to develop as a financial hub. For more than 44 years, the SCI has remained focused in its efforts to upgrade the technical expertise of insurance and financial services practitioners, and to provide them with professional advancement opportunities, through its series of practice-oriented programmes and internationally-accredited qualifications. Since the late 1970s, the SCI has also played the role of an industry examination body to conduct regulatory examinations for those wishing to join the financial advisory, life and general insurance industries. Since 2009, the SCI has also expanded its role to include talent development programmes, such as the Insurance Executive Scholarship Programme (IESP) and the Insurance Management Associate Programme (iMAP) that have succeeded in attracting and placing numerous fresh tertiary talent into the varied functions in the industry. The SCI was voted the Asia Insurance Industry Educational Service Provider
of the Year in 1997, 2001, 2007, 2016, and 2018. It has international links with professional bodies, such as The Chartered Insurance Institute (CII), The Chartered Institute of Loss Adjusters (CILA), The American College (TAC), The Life Office Management Association (LOMA), LIMRA and The Australia and New Zealand Institute of Insurance and Finance (ANZIIF) as well as with other training institutes in the region, through its involvement in the ASEAN Insurance Education Committee (AIEC) projects. The SCI has also actively helped to set up the Asia-Pacific Risk and Insurance Association (APRIA) to further insurance education, and to promote links between academia and the industry.
The Chartered Insurance Institute (CII)
The Chartered Insurance Institute (CII) is the world’s largest professional organisation for those working in the insurance and financial services industry, with over 90,000 members in the United Kingdom and across 150 countries worldwide.
The Associateship of the CII (ACII) is the most internationally recognised and widely-held professional accreditation of top professionals in the general insurance industry, and is valued as a sign of knowledge, application and commitment within the industry. In addition to professional recognition, ACII holders are entitled to the following benefits:
• Fast-track towards the Fellowship title (FCII), which is the highest qualification
• Pre-requisite for the title of ‘Chartered Insurance Professional’
• Course exemptions for the Masters of Science, Insurance and Risk Management
from the Cass Business School (City University London)
Read more on our partnership with The Chartered Insurance Institute (CII)