AIA Singapore has opened 500 training positions aimed at fresh graduates and mid-career switchers, with the objective of improving their employability in the financial services industry. Individuals who qualify for the positions will receive almost three years' worth of training in soft and technical skills, beginning with a 10-month structured program through which they can obtain three basic certifications required to work in the insurance industry. They will then receive a further two years of training and mentorship, after which they may be able to join either AIA Singapore or its subsidiary company AIA Financial Advisers.

Furthermore, needy participants may be able to receive monthly financial support of S$2,000-5,000 per month, with a bonus for completing certain training modules. While AIA has not specified the requirements to qualify for the training positions, the Monetary Authority of Singapore places a number of minimum entry requirements on financial advisers, including age, academic qualifications and examination requirements.

Wong Sze Keed, Chief Executive Officer of AIA Singapore, said, “At a time when so many are impacted by retrenchment or are struggling to find jobs, it is vital that we support Singaporeans and permanent residents by creating sustainable and long-term career opportunities."

The training positions, she said, aim to equip job-seekers with the skills and necessary financial knowledge to pursue a career in the financial services industry even after the COVID-19 disruption has ended.

Enrolment for the training positions opened on September 15 and will continue until March 21, 2021.