The latest NIBA College Mentoring Programs in Sydney and Melbourne came to a close in November, the 12-week courses providing 18 Young Professionals (YPs) expert insight and advice from some of the industry's most experienced and dedicated individuals.
The program, which has been in operation for three years, pairs YP mentees with experienced mentors from major insurers and brokerages in order to help mentees manage their own learning, maximise their potential, and develop their skills and performance. Mentees themselves can set their objectives with the aim of gaining as much personally from the program as possible.
Mentors act as guides and advisors, giving mentees insights, encouragement and guidance, and the 12-week program features regular contact between the two to maximise the learning experience. At the end of the program, mentees meet and each gives a presentation about the program, discussing what they have gained from the experience.
Ross Preston, aged 23, from GSA Insurance Brokers, participated in the Sydney program, being paired with Allan Reynolds, Steadfast's Executive General Manager.
As a new entrant to insurance, Preston was only a month into his job when he enrolled in the program, and says it is the most valuable experience of his career so far.
"It was a remarkably useful experience – the best thing I've been involved in," he says. "For a young insurance professional, managing my entry into the industry this way was very useful. Allan gave me lots of good advice and contacts and this was a great opportunity to bounce ideas of someone with so much experience in the industry."
Caroline Campbell, NIBA College's E-Learning Development Officer, says the program continues to prove its worth. "The program itself has been running for three years and there's so much interest in it now because word of mouth has spread and people can hear of how successful it is. One of the biggest attractions is that it's open-ended so mentees can focus on areas important to them."
Applications are now open for the next mentoring programs, which begin in Sydney and Melbourne in February. Both mentors and mentees are welcome to apply. For full details, click here.
You can view a gallery of images from the closing evening of the Melbourne program below.
Privatising NSW's workers compensation scheme could boost the state's economy by more than $3 billion over a decade.
Insurers operating in North Queensland have been cleared of price-gouging again, following another report by the Australian Government Actuary.
A former branch manager of a rural broker has been charged with fraud and is scheduled to appear in the Tamworth Local Court.
The young talent coming through the ranks means the future for broking is looking bright, and Adele May is leading the pack.