Chartered Insurance Institute  

CII works with university to broaden Scottish talent pool

CII works with university to broaden Scottish talent pool
Photo by Keira Burton via Pexels

The Chartered Insurance Institute is working with Glasgow Caledonian University to help its students break into the insurance and financial advice professions. 

The university’s undergraduate and postgraduate risk programmes are already accredited against the CII’s Learning Qualifications framework.

In addition, Glasgow Caledonian University undergraduate and postgraduate students will be able to gain a CII qualification at a reduced academic rate or take additional CII units at an academic rate - around a third of the amount charged to employed insurance and personal finance professionals. 

By paying to study for a CII qualification, students will also become members of the CII for the duration of their studies. 

Patrick Ring, reader in financial services in the Department of Accounting and Risk at Glasgow Caledonian University, said: "The CII’s qualifications, coupled with their academic work at GCU, will help students stand out to prospective insurance and financial services employers in Scotland and help build the next generation of insurers and financial advisers."

Sian Fisher, chief executive of the CII, added the partnership would allow its corporate customers to expand their talent pool. 

"Our Scottish corporate customers want fresh talent, which is why we work with local universities to help students in the region gain the skills, knowledge and behaviour they require to access a career in the insurance profession."

Steve Webb, former pensions minister and now partner at Lane Clark & Peacock, said: ‘’Many younger people may not know much about the world of financial advice or think about it as a career so the industry needs to be proactive if it is to bring on the next generation of advisers.

‘’Hopefully this project will help to break down these barriers.’’ 

Glasgow Caledonian University is the latest of several universities to team up with the CII to provide their students with a pathway into a career in the insurance and personal finance profession.

The University of East Anglia, Coventry University, Blackburn College, Manchester Metropolitan and the University of Gloucestershire already offer their students access to CII qualifications at an academic rate.