AIA, Singapore University of Social Sciences launch insurance minor

As part of the agreement, the insurer plans to upskill 100 of its employees.

AIA Singapore and the Singapore University of Social Sciences (SUSS) have launched the country’s first Minor in Insurance Fundamentals, following the Memorandum of Understanding (MoU) between both parties.

As part of the MoU, AIA Singapore will also reskill its employees to take on growth roles, in line with Workforce Singapore’s Information and Communications Jobs Transformation Map.

AIA aims to reskill around 100 employees in artificial intelligence over the next few years.

This programme aims to expand the talent pool for the insurance industry and address the growing demand for professionals in the financial services sector.

The programme will begin in January 2025, with registrations opening in September 2024.

It will be available to SUSS full-time and part-time undergraduates, working adults, including Continuing Education and Training learners in the financial services industry, and graduates from SUSS’ SkillsFuture Career Transition Programme Certificate in Personal Banking.

Learners will receive a Certificate in Insurance Fundamentals upon completion. The curriculum covers topics such as contract and agency law, customer relationship management, and financial markets.

Additionally, a six-week internship with AIA will be open to all full-time SUSS sophomore undergraduates, offering a comprehensive introduction to the insurance industry. These students may join AIA Singapore full-time upon graduation.

In their third year, full-time students pursuing a Minor in Insurance Fundamentals who meet the prerequisites will have the chance to work at AIA Singapore whilst continuing their education through the SkillsFuture Work-Study Degree (WSDeg).