SINGAPORE - Media OutReach - 21 September 2020 - AIA
Singapore today announced the creation of up to 500 new career opportunities,
in-depth training and financial support aimed at fresh graduates and mid-career
switchers, amid ongoing economic uncertainty and increasing unemployment as a
result of COVID-19. AIA's Financial Career Scheme 2020 is a reinforcement of
the continued efforts by the government of Singapore to create and sustain job
opportunities for Singaporeans, as the number of retrenchments more than
doubled in the second quarter of this year[1].
Ms Wong Sze Keed, Chief Executive Officer of AIA
Singapore, said, "At a time when so many are impacted by
retrenchment or are struggling to find jobs, it is vital that we support
Singaporeans and permanent residents by creating sustainable and long-term career
opportunities.
"The
AIA Financial Career Scheme 2020 equips individuals with the skills and
necessary financial knowledge to pursue a new career path in the financial
services industry. By sharing our expertise and industry knowledge, candidates will
embark on fulfilling and successful careers, contributing to Singapore's economic
future well beyond COVID-19," she said.
A
strategic collaboration between AIA Singapore Private Limited (inclusive of its
wholly-owned subsidiary,
AIA Financial Advisers Private Limited) and AIA Group's flagship asset management
company, AIA
Investment Management Private Limited (AIAIM),
the AIA Financial Career Scheme 2020 aims to provide support to individuals seeking
careers in Singapore's financial services sector. Eligible candidates will
undertake soft and technical skills training to enhance their industry
employability, as well as receive financial support to sustain them whilst
enrolled in the programme. Financial support will be provided to qualifying
individuals across six financial allowance schemes, ranging from S$2,000 --
S$5,000 per month[2],
with a bonus earned upon successful completion of certain training modules.
"The programme is
designed to equip candidates with sound financial and investment knowledge,
which will enhance their employability as well as better serve the long-term
needs of their clients." said Mr Cheong
Poh Kin, Chief Executive Officer of AIAIM.
Suitable candidates who meet AIA's requirements will be enrolled progressively over a period from 15 September 2020 to 31 March 2021, where successful individuals will receive structured training over an initial 10-month period leading to three certifications comprising:
1. Associate Financial Planner (AFPCM) / Associate Financial Consultant (AFC) certification, as part of the AIA Premier[3] Programme.
2. Institute of Banking and Finance (IBF) Level 1 certification.
3.
Foundation
Investment Certification accreditation by AIAIM.
After
the initial 10-month period, further training programmes will be offered over
the total two-year period based on individual candidate preferences and
development needs.
In
addition, all successful candidates enrolled in the programme will be assigned
a mentor who will partner and guide them toward successful completion of the
programme and potentially a rewarding career with AIA Singapore or AIA Financial
Advisers as an AIA Premier Consultant.
For
six consecutive years, the AIA Group has achieved the largest number of MDRT
members becoming the only multinational company in the world to have done so. We
also maintained our market leadership in agency distribution for six
consecutive years, with the largest number of MDRT registered members in
Singapore. Internationally recognised as the standard of excellence in life
insurance and financial services, AIA's agency force represents the industry
pinnacle in professional knowledge, ethical conduct and outstanding client
service. AIA Singapore is also the Winner of The Insurance & Risk
Management Sector of the Singapore's 100 leading graduate employers in 2019/2020
for three consecutive years.
Interested
candidates can contact us via this link and we will be in touch to share more
about the AIA Financial Career Scheme 2020, and how to build a rewarding career
with AIA Singapore or AIA Financial Advisers:
https://www.aia.com.sg/en/about-aia/careers/not-just-another-job.html
[2] Financial allowance is subject to terms and conditions and meeting certain sales validation.
[3] AIA Premier is a structured programme with a comprehensive training and support system to groom new AIA Financial Services Consultants to achieve Million Dollar Round Table (MDRT) within 2 years.