Momentum Group Is Offering Short-Term Insurance Learnership Position

Company: Momentum Group

Salary: Market Related

Location: Centurion & Durban & Port Elizabeth

Closing Date: 20 January 2025

Description

Momentum Insure, in collaboration with INSETA (Insurance Sector Education and Training Authority), is providing an exceptional learning opportunity for young South Africans within the short-term insurance sector.

Disclaimer

Applicants are advised to confirm the authenticity of this job advertisement on our official company career page.

Role Purpose

The Learnership Programme is set to run from 1 February 2025 to 31 January 2026, allowing participants to enhance their skills and acquire experience specific to short-term insurance. Additionally, those who successfully complete the programme will be awarded a formal National Certificate: Short-Term Insurance, NQF level 4.

Requirements

  • Candidates must be between the ages of 18 and 25 years (including those who will turn 25 in 2025). A copy of your ID must be included with your application.
  • Proficiency in speaking, reading, and writing in English is required.
  • Completion of Matric is necessary, with a minimum pass mark of 50% in English, while a pass in Mathematics is advantageous. A copy of your Matric certificate must accompany your application. If you are currently in the process of completing Matric, please provide a copy of your preliminary exam results.
  • Candidates should possess computer literacy.
  • Applicants must be currently unemployed and/or lack work experience.
  • It is essential that candidates are not enrolled in any other educational institution or possess any post-Matric qualifications.
  • Candidates should not be registered for any other learnership.
  • A keen interest in pursuing a career in short-term insurance is required.
  • A strong desire for learning and engagement in the business environment is essential.
  • Applicants must have a clear criminal and credit history.
  • Applications lacking the required Matric (or preliminary results) and ID copies will not be considered.

Duties & Responsibilities

  • Successful candidates will have the opportunity to enhance their skills and gain specific experience in the short-term insurance field.

Competencies

  • Demonstrates a strong enthusiasm for acquiring knowledge
  • Exhibits dedication to fulfilling the learnership requirements
  • Possesses a resolute drive for achievement
  • Maintains an optimistic outlook
  • Displays exceptional communication abilities, both verbal and written
  • Exhibits sound judgment
  • Possesses outstanding organizational capabilities
  • Is self-disciplined and driven
  • Demonstrates effective problem-solving skills and initiative
  • Exhibits a strong commitment to service
  • Focuses on achieving results
  • Maintains a high level of attention to detail
  • Takes accountability and ownership of tasks
  • Is proactive in taking action

Additional Information

  • Participants in the learnership will receive a fixed monthly stipend.

1. Introduction to Momentum Short-Term Insurance Learnership Program

Background of Momentum and its Commitment to Skills Development

Momentum is not just your average insurance company – they’re all about empowering the next generation of insurance pros. With a strong focus on skills development, Momentum is committed to nurturing talent and helping individuals reach their full potential.

Overview of the Short-Term Insurance Learnership Program

The Momentum Short-Term Insurance Learnership Program is the golden ticket for those looking to kickstart their career in the insurance industry. This program offers a unique blend of learning and hands-on experience, giving participants a solid foundation to thrive in the fast-paced world of short-term insurance.

2. Benefits of Participating in the Learnership

Professional Development Opportunities

Get ready to level up your skills and knowledge! By participating in the Momentum Learnership, you’ll have access to top-notch training and development opportunities that will sharpen your expertise and boost your confidence in the insurance game.

Networking and Industry Exposure

Rub elbows with industry bigwigs and expand your professional network like a pro! The Learnership doesn’t just stop at training – it opens doors for you to connect with key players in the insurance world, giving you a sneak peek into the industry’s inner workings.

3. Overview of Skills Development Opportunities

Training in Insurance Products and Services

From policies to claims, you’ll get the lowdown on all things insurance. The program equips participants with in-depth knowledge of insurance products and services, ensuring they’re well-prepared to tackle any insurance-related challenge that comes their way.

Soft Skills Development and Professional Etiquette

It’s not just about what you know – it’s also about how you present yourself. The Learnership hones participants’ soft skills and instills essential professional etiquette, ensuring they’re not just insurance whizzes but also polished professionals in every sense of the word.

4. Gaining Short-Term Insurance Specific Experience

Hands-On Experience in Insurance Processes

Get ready to roll up your sleeves and dive deep into the nitty-gritty of insurance processes. Participants will get hands-on experience in dealing with insurance tasks, giving them a firsthand understanding of how things work in the dynamic world of short-term insurance.

Working with Industry Professionals

It’s not every day you get to work alongside industry pros, but with the Momentum Learnership, that’s exactly what you’ll do. Participants will have the opportunity to collaborate and learn from seasoned professionals, gaining invaluable insights and tips to supercharge their insurance journey.

5. Curriculum and Training Structure

Outline of the Learnership Curriculum

The Momentum Short-Term Insurance Learnership program offers a comprehensive curriculum covering essential topics in the insurance industry. Participants can expect to dive into areas such as insurance principles, risk management, customer service, claims handling, and regulatory compliance.

Details on Training Modules and Assessments

The training modules are designed to be interactive and practical, allowing learners to apply their knowledge in real-life scenarios. Assessments may include exams, case studies, and practical tasks to ensure participants grasp the concepts effectively.

6. Application Process and Eligibility Criteria

Requirements for Participation

To be eligible for the Momentum Short-Term Insurance Learnership, candidates typically need a matric certificate or equivalent qualification. Strong communication skills, a passion for learning, and a keen interest in the insurance sector are also valued.

Steps to Apply for the Learnership

Interested individuals can usually apply online through the official Momentum website or recruitment platforms. The application process may involve submitting a CV, completing an online assessment, and attending an interview to assess fit and motivation.

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7. Success Stories and Testimonials

Experiences of Past Participants

Past participants of the learnership have often shared inspiring stories of personal and professional growth. Many have highlighted the practical skills gained, the supportive learning environment, and the valuable industry insights acquired during the program.

Impact of the Learnership on Career Growth

The learnership has been instrumental in kickstarting careers in the short-term insurance sector for many individuals. From entry-level positions to more specialized roles, the program has opened doors for career progression and advancement within the industry.

8. Future Career Opportunities After Completing the Learnership

Potential Career Paths in Short-Term Insurance

Completing the Momentum Short-Term Insurance Learnership can lead to various career paths within the industry. Participants may explore roles in underwriting, claims assessment, customer service, and risk management, among others.

Support and Guidance for Further Advancement

Participants who successfully complete the learnership often receive ongoing support and guidance in furthering their careers. This may include mentorship programs, networking opportunities, and pathways to pursue additional qualifications for professional development.

Closing Paragraph:

In conclusion, the Momentum Short-Term Insurance Learnership Program offers a valuable opportunity for individuals to enhance their skills and gain industry-specific experience. With a structured curriculum, hands-on training, and potential career pathways, participants can develop a strong foundation for a successful future in the short-term insurance sector. The program not only equips learners with technical knowledge but also fosters personal growth and professional connections that can propel their careers forward. By investing in this learnership, individuals can set themselves on a path towards fulfilling and rewarding opportunities in the insurance industry.

FAQ

1. Is prior experience in the insurance industry required to participate in the Momentum Short-Term Insurance Learnership Program?

2. How long is the duration of the learnership program and what is the time commitment expected from participants?

3. Are there opportunities for employment or further advancement within Momentum or the insurance industry after completing the learnership?

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