Alexander Forbes Graduate Development Programme


Advertiser: Alexander Forbes Group
Location: Gauteng

The Alexander Forbes Young Talent Development Programme is geared towards offering workplace exposure to unemployed, qualified individuals within the insurance industry, in line with their field of study. The programme is divided into:

1. Learnerships [minimum matric up to degree studies]
2. Internships [minimum 3 year diploma]
3. Graduate Development [minimum honours degree]

Minimum Requirements:
- You must be an unemployed South African citizen
- Have a minimum matric certificate to apply for a Learnership programme
- Be in possession of a 3 year diploma or higher to apply for the Internship programme
- Only candidates with a minimum of a honours degree will be considered for the Graduate Development programme
- Applicants should understand, and aspire to work in the insurance industry, and
- Be computer literate

Job Specification

Graduate Development programme:

This is a 2 year, highly competitive programme with an entry level of a honours degree in Actuarial Sciences, Investments, Financial Planning, Accounting, Mathematics and Economics. Graduates will have an option to rotate to other departments in line with their career aspirations and fields of study. This is aimed at helping the graduate to have a better understanding of the business and to explore areas of specialisation before assuming a permanent non-rotational role.

Closing date: Not indicated in advert

Click here to apply
Definitions:

Internship:

There are basically two types of internships:

  • The Undergraduate Internship: Usually with bigger organisations that pick undergraduates to attend the internship. It often takes places during the holidays and the average durations is a few weeks. In most cases the intern will receive some sort of stipend or salary and this type of internship may lead to a job offer to the intern once he / she is finished with their studies.
  • The Graduate Internship: This type of internship could be paid or unpaid and it is to gain practical work experience after the qualification has been completed and in a job related to the qualification. It could be from a few weeks or even one or two years long. This type of internship could also lead to permanent employment.

Learnerships:

A learnership is an occupational qualification and it consists of theory and work-based experience and practical skills, with formal assessment and a qualification. At the end of the learnership the candidate may be offered permanent employment.

In-service training:

In-service training is to gain practical work experience during studies. It usually takes place after a few years of theory has been successfully completed. It is essential work experience that is part of the qualification and the in-service training is necessary to achieve the qualification. It could be paid or unpaid.