IAM Insurance Learnership – Standard Bank / Liberty Corporate Benefits
Company: Standard Bank Group / Liberty Corporate Benefits
Programme: IAM Insurance Learnership
Business Segment: Insurance & Asset Management
Location: 1 Ameshoff St, Braamfontein, Johannesburg, 2017, South Africa
Employment Type: Part-time
Qualification Level: Matric
Industry: Financial Services / Insurance & Asset Management
Programme Overview
Standard Bank Group, through Liberty Corporate Benefits, is offering an IAM Insurance Learnership for ambitious young South Africans who are looking to gain practical workplace experience while developing a career in the financial services industry.
The programme is designed for individuals who are eager to learn, develop professional skills and gain meaningful exposure to the insurance and employee benefits environment. Participants will combine structured learning with practical workplace experience, allowing them to develop both theoretical knowledge and hands-on skills relevant to the financial services sector.
A key feature of the programme is the opportunity to study towards a nationally recognised Wealth Management NQF Level 5 qualification. The learnership provides participants with exposure to important areas of employee benefits, insurance operations, administration, risk benefits, customer service and business processes.
This opportunity is particularly suited to young South Africans who have completed Matric, meet the required academic criteria and are currently not employed, studying or participating in another learnership.
About Standard Bank Group
Standard Bank Group is an Africa-focused financial services organisation that provides a broad range of financial solutions to individuals, businesses, high-net-worth families, multinational corporations and institutions.
The organisation focuses on creating growth across Africa while providing employees with opportunities to develop their careers and work alongside talented professionals within the financial services sector.
Through Liberty Corporate Benefits, the programme focuses specifically on employee benefits and related financial services. The organisation aims to equip young people with core and critical workplace skills while giving them valuable exposure to the industry.
About the Learnership
The IAM Insurance Learnership combines structured education with practical workplace experience.
Participants will gain exposure to various areas of the insurance and employee benefits environment, including:
- Financial and regulatory frameworks.
- Employee benefits administration.
- Group risk benefits.
- Operations and business processes.
- Member and employer query resolution.
- Customer service and client support.
- Professional workplace skills.
- Data management and administration.
- Risk awareness.
- Written communication.
Through these areas, learners will gain a better understanding of how insurance and employee benefit solutions operate and how professional teams support employers and employees.
Qualification
The minimum qualification level required for the programme is:
- Matric
Participants will also have the opportunity to study towards a Wealth Management NQF Level 5 qualification, providing a nationally recognised qualification that can support future career development within financial services.
Minimum Requirements
Applicants must meet all of the following requirements:
- Must be a South African citizen.
- Must be between 18 and 35 years old.
- Must have achieved 60% or above in Mathematics or Mathematical Literacy.
- Must have achieved 60% or above in English.
- Must currently be unemployed.
- Must not currently be registered for another learnership.
- Must not currently be studying at another institution.
- Must have completed Matric.
Applicants should carefully check that they meet the age, academic and employment requirements before applying.
Technical Competencies
The programme is also designed for candidates who can develop and demonstrate important professional competencies.
Relevant competencies include:
Data Management
Learners will be exposed to administrative processes involving information and data. Accuracy, organisation and attention to detail will therefore be important qualities.
Risk Awareness
Because the programme operates within insurance and financial services, learners will develop an understanding of risk and the importance of following relevant procedures and controls.
Written Communication
Strong written communication will be valuable when dealing with administration, documentation, queries and professional workplace communication.
Career Development
The learnership provides an opportunity for young South Africans to begin building a foundation for a career in financial services.
Participants will gain practical workplace exposure while developing professional competencies that can be valuable across insurance, employee benefits, administration, operations and customer service environments.
The combination of structured learning and workplace experience allows learners to develop an understanding of both the theoretical and practical aspects of the industry.
The programme can therefore provide an important stepping stone for individuals interested in pursuing longer-term opportunities within insurance, wealth management, employee benefits and financial services.
Who Should Apply?
This opportunity is suited to young South Africans who:
- Have completed Matric.
- Meet the required Mathematics/Mathematical Literacy and English marks.
- Are between 18 and 35 years old.
- Are currently unemployed.
- Are not studying at another institution.
- Are not participating in another learnership.
- Are interested in financial services and insurance.
- Want to gain practical workplace experience.
- Are willing to learn and develop professionally.
- Are interested in employee benefits and wealth management.
Programme Details
Programme: IAM Insurance Learnership
Company: Standard Bank Group / Liberty Corporate Benefits
Business Segment: Insurance & Asset Management
Location: Braamfontein, Johannesburg
Employment Type: Part-time
Minimum Qualification: Matric
Qualification Opportunity: Wealth Management NQF Level 5
The programme aims to equip participants with practical industry knowledge, workplace skills and professional competencies while supporting their development towards a career in financial services.
Important Application Requirements
Before applying, candidates should ensure they meet the programme’s eligibility criteria. In particular, applicants must be South African citizens aged 18–35, must have achieved 60% or above in Mathematics or Mathematical Literacy and English, and must currently be unemployed.
Applicants must also not be studying at another institution or participating in another learnership.
This opportunity is intended to support young people who are ready to enter the workplace, gain valuable experience and begin developing a professional career in the insurance and financial services sector.