The Chartered Insurance Institute (CII) and Personal Finance Society (PFS) are seeking insurance and financial planning firms to take part in an upcoming scheme to pilot new T Level qualifications in Insurance and Finance.
T Levels are 2-year, Level 3, qualifications available to 16 to 19-year-olds in England. The qualifications have been designed in collaboration with employers and are equivalent in size to 3 A levels. They have been developed to help young people acquire the skills, knowledge and behaviours needed to progress into skilled employment, an apprenticeship, or further study.
More information on T Levels can be found here. Students must complete an industry placement that lasts a minimum of 315 hours (approximately 45 days) as part of their learning, giving them the opportunity to put their classroom learning into practice in a real workplace environment. In turn, employers get early sight of the potential new talent coming into their industry. The CII and PFS are seeking expressions of interest from firms across England to offer T Level placements.
T Level work placement benefits for employers:
• Attract motivated young people, bringing imaginative and new ideas
• Improve recruitment pipelines
• Address local and national skills gaps by helping young people develop necessary skills
• Develop mentoring and management skills of existing colleagues
• Build a more diverse and creative workforce
• Play an important role in the local community
• Build partnerships with local training and education providers
• Save recruitment costs by providing the opportunity to see what the young person can offer, on a no
obligation employment basis.
Claire Bishop, Career Partner Manager for the CII Group, said: “The new T Level qualifications are an exciting opportunity for young people to engage with the insurance and financial planning professions at a much earlier stage than is currently the case. These CII and PFS pilot schemes will allow us to work closely with employers and educators, providing the support needed to build a successful pathway for new talent.
We would encourage any firm to consider participation in this mutually beneficial opportunity to shape the future of our professions.”