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Insurance Management Associate Program (IMAP)

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  #1 (permalink)  
Old 26-03-2014, 02:22 PM
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Default Insurance Management Associate Program (IMAP)

Hi all, anyone heard or have been in this program? would appreciate if I could receive some inputs on the career path, starting salary and benefits.

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Old 26-03-2014, 11:49 PM
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Quote:
Originally Posted by Cron View Post
Hi all, anyone heard or have been in this program? would appreciate if I could receive some inputs on the career path, starting salary and benefits.
Make sure u find out what they actually do. It may jus be a fanciful title for insurance agent. I recently got contacted by one of the insurance company's agency offering such management associate position. Tell me i can be a manager within one or 2 years time... but from the call, i caught many red flags.

1. I applied to the insurnace company for some corporate position (intern) but I dont rmb applying for the management program.
2. the position is full time, but im lookin for internship.
3. I am an undergraduate, n yet he is more interested whether i have diploma or A'lvl and whether im above 21.
4. All of the above information (except age, but being year3 undergrad, how young can i be?) could be found on my resume, which means he did not bother to look at my resume or dun even have my resume.

These inusrance company agency like to use fanciful titles to lure undergrad in. so be very careful.

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Old 29-03-2014, 08:15 AM
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Default Re: IMAP

Hi,

If you are talking about IMAP organised by Singapore College of Insurance then it is not a progam under an insurance agent facade.

Read into the details. It is sort of an education path (ACII) for u to pursue a career (and also open you into the insurance industry) in General Insurance (Broking,claims, underwriting, loss adjuster, reinsurance). As in the general insurance/reinsurance, ACII( Associate Chartered Insurance Institute from UK) is a well recognised professional insurance cert in the insurance industry akin to ACCA to accountants and/or auditors.

When you enrol for the program, they will source for an insurance company/Broking firm/loss adjusting/reinsurance company to employ you as the "scholar" if you pass the interviews and requirements. Then the company will sponsor your education and pay you a monthly stipend depending on your working experience and you will be bonded to the company for 2 to 3 years. Not too sure about the arrangement now, but previously the arrangement for the study phase (first year) is half day work and half day study.

If you are interested in joining the insurance industry, you can give it a try (apply for the program). Even if you in the end do not want to enrol into the program, you may somehow still acquire some introduction into general insurance/reinsurance industry. The ppl there will explain to you during interview.

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Old 31-03-2014, 03:33 PM
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Thanks for the replies. Has anyone enrolled in this program before?
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Old 01-04-2014, 10:21 AM
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Originally Posted by Cron View Post
Thanks for the replies. Has anyone enrolled in this program before?
I almost wanted to join but in the end, I was employed straight into an insurance company.
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Old 26-06-2014, 10:52 AM
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Anyone knows how long it takes from the 1st interview to be called up for the second? I'm done with the first interview of the IMAP program with sci. Waiting for 2nd with the firm.
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Old 16-12-2014, 09:34 AM
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Anyone knows how long it takes from the 1st interview to be called up for the second? I'm done with the first interview of the IMAP program with sci. Waiting for 2nd with the firm.
Hi did you get the second interview? If so how did it go?


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Old 23-01-2015, 05:29 PM
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Default iMAP 2015

Hi,

Anyone applied for this programme this year? Is there a minimum requirement for class of honours?
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Old 07-05-2017, 12:07 AM
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Default iMAP 2017

Hi, has anyone applied or received interview invitations this year? Any offer yet?


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