The Insurance Practitioner Level 3 Apprenticeship is designed for employees in the financial services sector, working in roles like junior insurance brokers, underwriting assistants, or claims handlers.
These professionals help provide insurance coverage, manage claims, and ensure clients are protected in the event of loss. They work with a range of stakeholders, including clients, underwriters, brokers, and third-party vendors. This apprenticeship helps employees develop the skills needed to deliver high-quality, impartial service while adhering to industry regulations and meeting organisational standards.
Key Facts
Duration
14 Months
Funding Band
£8,000
Delivery Location
National
Qualification
On successful completion, apprentices will achieve an Insurance Practitioner Level 3 Apprenticeship.
Apprenticeship details
What it covers:
This apprenticeship is designed to develop the skills and technical knowledge of existing staff identified for further development within the business, all while gaining a professional industry qualification.
The standard has broad application across the insurance sector, focusing on enhancing the apprentice’s knowledge of key areas such as the insurance market structure, compliance, and commercial awareness. It also focuses on developing communication, interpersonal, and behavioural skills that are essential in their role within the industry.
Delivery
This is a work-based apprenticeship, apprentices will receive regular 1-to-1 support to help them achieve competence in line with the knowledge, skills, and behaviours outlined in the apprenticeship standard.
Entry requirements
Ideally, apprentices will have a minimum of five GCSE's grade 4/C or above including maths and English.
Additionally, they must be employed in a relevant role.
Progression
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