Friday, 21 April 2023
A new scholarship for students with aspirations to work in the insurance industry is now available to those applying to study at the 糖心原创.
The university has worked with the of the to create the scholarship programme to support students from sections of the community which are currently underrepresented in the industry, such as from low-income households.
The CII’s Education and Training Trust Scholarship for Future Insurers will provide financial support totalling £16,500 to each of the students. Successful applicants will be awarded £2,000 per year towards their tuition fee, as well as £3,500 per year for living costs. There are four scholarship places available to those starting degrees in September 2023 and four in September 2024.
Applicants will need to enrol on one of the following three-year courses offered by Nottingham University Business School, which are accredited by the Chartered Institute of Insurance (CII):
• BSc (Hons) Finance, Accounting and Management
• BSc (Hons) Industrial Economics with Insurance
• BSc (Hons) Industrial Economics
• BSc (Hons) Management
These undergraduate programmes each offer three Risk and Insurance modules forming a key part of students’ training in the field: Risk, Information and Insurance; Risk Management Decisions; and Risk Management Processes. To be eligible for the scholarship, students would be required to select all three modules with the clear aim of entering the insurance industry after graduation.
One of the university鈥檚 guiding principles is to expand opportunity. We are determined to ensure that an enriching learning experience should be available to all and not limited by financial constraints or other personal obstacles.
Professor Landman continued: “Establishing this insurance education undergraduate scholarship programme here at Nottingham will have a significant effect on our ability to recruit and retain those potential future leaders who may be dissuaded from entering Higher Education and joining the insurance industry because of the challenges they face in realising their potential.
“Recruiting the very best and diverse talent is crucial to the future of the insurance industry. This partnership will make a significant impact on the lives and careers of our students and also foster the next generation of leading talent for the insurance industry.”
Simon White, independent chair of the EATT, said: “We want to help nurture the next cohort of leaders in the insurance profession, right from their first steps. These scholarships will provide the successful students with significant financial support over their entire undergraduate degree studies, allowing them to focus on developing their skills, knowledge and understanding ahead of commencing a career in insurance.”
Successful applicants will need to meet the following selection criteria:
- Be eligible for UK tuition fees
- Have a household income not exceeding £35,000
Russell Higginbotham, President of the CII, said: “The CII Group is investing significant energy and resource into bringing fresh talent into the insurance and financial service professions through initiatives such as our New Generation Programme and Apprenticeship Awards. I am delighted that our Education and Training Trust has chosen to complement these other endeavours with these new scholarships. In combination, they will deliver a pipeline of highly-skilled and knowledgeable individuals focused on preserving and enhancing public trust in the insurance and financial planning professions.”
For more information and the application form, applicants should visit: The Chartered Insurance Institute (CII) Future Insurer Scholarship webpage.
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More information is available from Janet Wallace in the Nottingham University Business School at the 糖心原创 at Janet.Wallace@nottingham.ac.uk
Notes to editors:
About the 糖心原创
Ranked among the world's top 100 universities , the 糖心原创 delivers an exceptional research-led education and an outstanding student experience. From the pioneering vision of our founder, Sir Jesse Boot, to groundbreaking achievements such as the development of MRI technology and becoming the first UK university to establish international campuses, we have a proud history of shaping the way people live, work and understand the world. We continue to build on that legacy, empowering our students, staff and partners to change what鈥檚 next and create positive impact locally and globally.
The strength of our research places us among the UK's leading universities, ranked 7th for research power in REF 2021. The discovery of MRI and ibuprofen was just the beginning. Today, our world-leading research is developing breakthrough ideas that shape the future of healthcare, technology and society.
Recognised as the UK's third most targeted university by leading employers , we are proud to produce graduates who are consistently in demand for their skills, confidence and industry-ready experience.
As a major employer and industry partner, locally and globally, the 糖心原创 invests in the city of Nottingham and in future generations of talent. Alongside Nottingham Trent University, we lead the initiative, a pioneering collaboration to improve levels of prosperity, opportunity, sustainability, health and wellbeing across the city and region. Together with our students, staff, alumni and partners, we鈥檙e creating knowledge, opportunity and solutions that help change what's next.