African Reinsurance Corporation (Africa Re) Young Insurance Professionals Programme (YIPP) 2024

The Young Insurance Professionals Programme (YIPP) is a FREE online training academically designed by the London School of Insurance in conjunction with Africa Re to fulfill its mission to foster the development of the insurance and reinsurance industry in Africa.

The objective of this annual FREE online training programme is to offer brilliant Professionals the possibility of accelerated career development thereby contributing to the progress of the African insurance and reinsurance sector. The insurance programme is a starting point for an exciting career in the industry. Candidates who are successful for the Young Professionals Programme will undergo a training programme on a yearly basis with a “stretch/learning assignment” built in, where valuable on-the- job experience will be gained.

A career will be built by the YIPP trainee by acquiring knowledge and competencies through a unique mix of on-the-job experience and a dedicated online training programme in insurance, reinsurance, leadership and management modules. At the end of this programme, it is expected that participants would have been positively impacted to understand the Reinsurance industry and their future missions with regard to strong leadership, governance and accountability;

Participants will be able to reduce some poor practices and approaches via developing a constructive approach to competition in the African reinsurance markets and improve professionalism. 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.

The 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 career and professional development

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

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.

Application Requirements

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:  [email protected]; or [email protected]

For More Information:

Visit the Official Webpage of the African Reinsurance Corporation (Africa Re) Young Insurance Professionals Programme (YIPP) 2024

Application Deadline: January 14, 2024.