Government Training Incentive
The Institute offers practical, flexible traineeships in general insurance, insurance broking, personal injury management, life insurance, financial planning, loss adjusting and financial risk management.
Traineeships are ideal for companies wanting to utilise government funding and develop their employees by completing a nationally recognised and accredited qualification. Institute traineeships have been benchmarked against the Australian Qualifications Framework (AQF), resulting in a nationally recognised and quality assured qualification.
Depending on which State the trainee resides in, government funding is available for a number of the Institute’s courses. There are programs available to both new and existing employees. Employees who have already begun an Institute qualification but have not yet completed it may also be eligible.
Benefits for employers
The Institute’s traineeships provide skilled, versatile and productive workers.
The program forms part of a cost-effective and long term staff retention strategy.
- There is the ability to fast track as the business requires, with traineeships typically undertaken within 12 to 24 months.
The program’s flexible delivery can satisfy your company’s professional development programs.
The program can include specialist Tier 1 RG146 compliance upon successful completion of the appropriate program modules.
An individualised Training Plan is developed for each trainee by the Institute in conjunction with the employer.
Benefits for employees
Professional development provided by Australia’s leading provider of insurance education.
Presentation of an AQTF qualification upon successful program completion.
Peer recognition and eligibility to apply for CIP membership of the Institute .
Program fees and funding
Employers can receive pre-approval of the funding with no obligation and for no charge with a pre-program employee eligibility check. This can be provided by a preferred Australian Apprenticeship Centre (AAC), or the Institute can provide contact details. This is subject to pre-existing conditions such as previous funding, students completing any prior prerequisite qualifications, and full completion within Nominal Program Duration.
The government funding available to the employer is up to $4,000 per trainee. This acts to offset the Institute’s program fees.
Employers can contact their local Australian Apprenticeship Centre by conducting a post code search on the Australian Apprenticeships Pathways website.
Delivery method and student support
Each module in the traineeship is undertaken through self-paced study. Delivery of study materials is by post, with materials also available online for immediate and easy access. More information about studying with the Institute can be found here.
Each module is undertaken within a study timeframe of 12 weeks. Assessment is via submission of one assignment and a two hour examination per module. More detailed information on assessment is available here.
Further student support is provided by the Institute via pre-enrolment contact to structure an individual study plan. Additional student support services are also available. You can view these services in more detail here.
Trainees are also eligible for Recognition of Prior Learning (RPL) credits for modules based on previous formal studies or relevant professional experience, at no extra fee. View the RPL page for more information.
Competencies and content provided in each qualification
Specific information on the qualifications and individual modules offered by the Institute can be found here.
For further information about the Institute's traineeship program, please contact our Customer Service Team on (61 3) 9613 7280 or email firstname.lastname@example.org.