The Chartered Insurance Institute (CII) is calling for future leaders in claims, underwriting, insurance broking and the London Market to put themselves forward for the 2013/2014 New Generation Groups programme. The initiative is run by the CII’s Faculties, intended to support the retention of talent and development of tomorrow’s insurance stars.
Designed to complement existing company talent schemes, the year-long New Generation programme provides those selected with a mixture of learning opportunities, including a session with the FCA, a trip to Parliament, media training, the chance to speak at external industry events, as well as exclusive social networking events. In return each group has the opportunity to make its mark on its sector of the profession by being involved in an industry project of their choosing.
Brand new for this year will be an event on 27 November 2013 focused on making the most of the opportunities available through the New Generation initiative. The session will include a look at career paths and personal development, plus there will be the unrivalled opportunity to hear firsthand from last year’s New Generation participants about the processes they went through and the challenges they faced as part of an interactive panel discussion.
Ant Gould, CII director of faculties, said: “The New Generation programme has now been running for two years and we have had the chance to support the career development of over 80 individuals. The feedback we receive for this programme is always extremely positive, with participants commenting that it has enhanced their personal development by enabling them to gain new skills, understand the wider industry, develop new networks and help shape them into leaders of the future.
“This year’s New Generation Groups are due to deliver their final project outcomes in the autumn and they have all identified very different areas for their focus. The claims group, for example, is well advanced with a fraud initiative which should make a major difference to the whole market; the underwriting group is focused on the ramifications of the Consumer Insurance Act; the broking group is looking at the issue of flooding and the London Market Faculty group is working on the socio-economic value of insurance.”
Commenting on his experience of the New Generation programme so far, Hassan Karim, global lead underwriter: supply chain insurance, Zurich Global Corporate, and a member of the London Market group 2012/2013, said: “Participating in the CII's New Generation initiative has been a very worthwhile experience and a great opportunity to meet other insurance professionals from a wide range of companies and areas of the industry. The range of subjects covered by the programme has been impressive, with opportunities to learn more about the roles of the financial regulator and central government, as well as the opportunity to develop key skills such as effectively engaging with the media.
“On a personal level, the New Generation programme has allowed me to develop my profile in the wider industry and make new contacts through the great range of networking opportunities provided.
“I would recommend that anyone serious about developing their career in the insurance industry consider applying for the New Generation initiative.”
Applicants for this year’s programme, which starts in the autumn, must be members of the CII and members of the appropriate faculty, have between five to ten years insurance industry experience and be qualified to at least DipCII level.
Deadline for nominations is Wednesday 31st July.
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