Study for an apprenticeship in insurance and help secure Scotland’s financial future. You can become part of an industry that’s focused on providing high-quality customer service.
The apprenticeship is ideal for anyone who would like to develop specialist finance skills. Learn about insurance underwriting, organisation and business relations. Discover how to carry out effective risk management strategies and help companies maximise their investments. Learn how to untangle complex insurance cases and provide technical expertise.
Scotland’s insurance industry offers a wealth of job opportunities. Become a broker technician and facilitate relationships between clients and insurance companies. Work as an underwriting technician and develop risk management procedures for large businesses. Or you could become a claims technician and apply your specialist knowledge to insurance cases.
What's the qualification?
You will gain a qualification at SCQF level 8 in insurance. The qualification includes:
- Core units of an SVQ in insurance at SCQF level 8
- Work experience in a dynamic industry
What will I learn?
During your apprenticeship, you'll learn how to:
- Manage business relationships with clients in a financial services environment
- Progress complex insurance renewals
- Evaluate and decide whether to underwrite new risks
- Negotiate and determine the conditions under which risk will be underwritten
- Progress the underwriting of complex insurance policy alterations
- Progress complex claims for uninsured losses
- Progress complex mid-term insurance amendments
You will develop the following core skills:
- Time management
- Numeracy
- Problem-solving
- Communication
- Teamwork
These transferrable skills are useful for working in other jobs such as financial advising and data admin.
Where could it take me?
This Technical Apprenticeship gives you a range of options. Carry on your studies with a bachelor’s degree in insurance or go on to full-time work.
Further education: Improve your financial knowledge by studying for an advanced qualification like a Chartered Institute of Insurers Level 6 diploma in insurance. You could also study for an MSC in insurance and risk management or a Masters in finance.
Straight to work: Make the most of your qualifications and find an insurance job. Several roles are listed below:
- Underwriting technician
- Claims technician
- Broker technician
- Insurance broker
- Insurance consultant
- Insurance sales advisor
- Life insurance operative
Entry requirements
There are no set requirements for the apprenticeship. However, it would be beneficial to have strong numeracy and IT skills.
Duration
This Technical Apprenticeship will take 12-24 months to complete.