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INSPIRE Internship 2025 (open to all roles)

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Job Description - INSPIRE Internship 2025 (open to all roles)

SCI-INSPIRE.
IN
surance Springboard Programme for Internships
and Real-world Experiences

What is the SCI-INSPIRE?

In celebration of 50 years of excellence, the Singapore
College of Insurance (SCI) proudly introduces INSPIRE. The INSPIRE is
the inaugural internship programme by the Singapore College of Insurance for
the Insurance Industry. The INSPIRE will look to welcome a fresh group of
students to an array of internship opportunities that are tailored for
polytechnic students and university undergraduates. Through INSPIRE, young
talents will have the chance to explore career paths within the dynamic world
of insurance through internships.

The INSPIRE will recruit for both specialist (e.g. claims, underwriting) and generalist (e.g. marketing, legal) roles for participating host companies from the
insurance and related industries. There will be a diversified range of host
companies
including direct insurers (life and general), insurance
brokers, reinsurers, and loss adjusting firms.

Interns
undergo a structured programme with clear training objectives provided by their
mentors and host companies. INSPIRE talent team will closely monitor interns’
feedback and progress via a mid-internship review.

We aim to always ensure that an internship has to be
enriching, and knowledgeable. Even if you choose not to return to the industry
after your internship (which we hope will be the last thing on your mind), we
believe that you will benefit greatly from your internship experience through
the following highlights of INSPIRE.



Highlights of INSPIRE

Structured training and industry proficiency by the SCI

As interns of INSPIRE, you will undergo a 2 to 3 days series
of structured orientation and induction programme designed by SCI, also known
as the Insurance Launchpad. This Launchpad will provide you with an in-depth
knowledge and insights into various aspects of the insurance industry. These
sessions will be led by industry experts and cover topics such as risk
management, underwriting, claims handling, and insurance regulations.

Interns will also be provided with an opportunity to gain the basic certifications
in the insurance industry by the end of their internship.

Internship exposure in various exciting roles

The main component of INSPIRE is the internship exposure,
where Polytechnic Interns will undergo a 16-week to 24-week internship (depending
on school/faculty), and University undergraduates will undergo a 12-week to
16-week internship during the Summer Vacation. Participants will have the
opportunity to peek into the insights of the industry and gain real-world
experience with leading insurance companies.

This exposure will allow you to explore and take up exciting
positions in the respective hiring companies such as Underwriting, Broking, Business
Development, Risk Management Claims, Actuarial, and Analyst roles in various
departments. As an intern, you will also be able to apply your skills in a
professional setting, build industry networks, and understand the day-to-day
operations of the insurance industry.

Career Guidance and Mentorship
Participants will have access to industry mentors who will provide career
guidance, helping them navigate potential career paths and develop the
necessary skills for future success in the insurance sector.

Recognition and Certification
Upon successful completion of the programme, participants will receive a
certificate from the Singapore College of Insurance, enhancing their
credentials and increasing their employability in the insurance sector.

Who is the INSPIRE for?

INSPIRE is open to all students and undergraduates from all faculties. Suspicious? We’re afraid
not. Insurance is a business which requires all lines of professionals to make
the job robust – given that all forms of risk is present in every business.

Two examples:
  • Students
    who have an eye for Fine Art, may find a career as a Specie Underwriter – where
    you’d manage risks associated with high-value, portable assets.
    "Specie" in this context refers to valuable items such as Jewellery
    and gemstones, Fine art and collectibles etc.

  • Students
    who have keen interest in Maritime, can also find a career in Marine Underwriting
    – where you’d manage
    risks associated with marine-related activities. This includes Hull &
    Machinery, covering physical damage to ships, boats, or other marine
    vessels. Cargo Insurance, protects goods being transported by sea, covering
    risks such as theft, damage, or loss etc.

Progamme Structure

The INSPIRE will comprise of a 12-week internship during the
summer break. These will include a 2-day SCI Launchpad, a 2-day Certificate in
General Insurance certification the following week. Insurance
workshops/touchpoints will be greatly reduced for the University track. This
will allow undergraduates to focus more on their internships and to gain more
exposure in the industry.



Requirements

INSPIRE is open to all students and undergraduates from all faculties. Suspicious? We’re afraid
not. Insurance is a business which requires all lines of professionals to make
the job robust – given that all forms of risk is present in every business.

Two examples:
  • Students
    who have an eye for Fine Art, may find a career as a Specie Underwriter – where
    you’d manage risks associated with high-value, portable assets.
    "Specie" in this context refers to valuable items such as Jewellery
    and gemstones, Fine art and collectibles etc.

  • Students
    who have keen interest in Maritime, can also find a career in Marine Underwriting
    – where you’d manage
    risks associated with marine-related activities. This includes Hull &
    Machinery, covering physical damage to ships, boats, or other marine
    vessels. Cargo Insurance, protects goods being transported by sea, covering
    risks such as theft, damage, or loss etc.



Ideal candidates for this role would require to
be enrolled and matriculated in a university / polytechnic in Singapore at
the point of application.

On application, please provide
  • CV/Resume with your recent photo
  • Testimonials (If applicable)
  • National Service Certificate of Service / Testimonials (If
    applicable)
  • Cover Letter (if available)
  • Educational transcripts (University/Polytechnic/JC)

 

This opportunity is open to all nationalities, including students
who are on student pass.

If you would like to learn more about the roles and opportunities for you in the future as an Insurance Professional, you may view here!



Benefits



Original job INSPIRE Internship 2025 (open to all roles) posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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