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This Technical Apprenticeship provides a structured career path for employees in the insurance sector. It’s suitable for anyone who has completed the SCQF level 5 or 6 Modern Apprenticeship in Providing Financial Services. It can also support new entrants to the industry who have alternative qualifications. The apprenticeship prepares employees for taking on more senior roles in the industry, and for further study and professional qualifications.

The qualification

SCQF level 8

Your employee will study for a qualification at SCQF level 8 in Insurance.

Entry requirements

There are no formal entry requirements for this apprenticeship, but employees would benefit from having a good standard of literacy and numeracy and solid IT skills.

Progression and development

Successful apprentices will have the skills, knowledge and competence to carry out roles in their area of study, including management and client-facing roles. Apprentices could also choose to take up further professional qualifications, such as:

  • CII Level 6 Advanced Diploma in Insurance
  • MSc in Insurance and Risk Management

SCQF qualification levels explained

Download the framework document

How much will it cost?

Training

We will contribute towards the training costs, paying the learning provider directly in incremental payments throughout the course of the apprenticeship.

Use the contribution tables to work out the funding level for this framework:

Modern Apprenticeship Contribution Table (16-24 age group)
Modern Apprenticeship Contribution Table (25+ age group)

An enhanced funding contribution is paid for employees who are aged 16 – 19. For those who are disabled and care-experienced, this is extended up to and including age 29.

Speak to a range of learning providers to find the best deal and agree on a flexible approach which will meet the needs of your business.

Salary

Like any other employee of your business, you’ll pay the Modern Apprentice's wages. This is not set by SDS, but we do encourage all employees to pay the living wage. Remember, you must pay at least the National Minimum Wage.

Time to complete

It will take between 12-24 months to complete.

Sound right for your business?

The next step is to find a learning provider that offers this apprenticeship.

Find a learning provider

Need a little more information or advice?

Call our employer engagement team to find out more about Modern Apprenticeships. 

0800 783 6000
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