Co-op Insurance helps pupils from its academies onto the career ladder

04 January 2018

Apprentices

Co-op Insurance has taken on 25 new apprentices, including students from the Co-op Academies Trust, helping to bring in new talent and grow the next generation of insurance leaders.

The new apprentices will earn a nationally recognised qualification in customer service, insurance and actuarial science and will also receive a full time position with Co-op Insurance, enabling the budding professionals to earn while they learn.

Of the 25 new recruits, six of the apprentices have been appointed from within the Co-op’s own Academies, schools sponsored by The Co-op Group.

Megan Frater (16), a Co-op Insurance apprentice and former Co-op Academy pupil is now studying towards a qualification in customer service:

“The opportunity to earn money whilst earning a qualification really appealed to me and since starting on the apprenticeship my eyes have been opened to whole host of different career paths, which before starting the apprenticeship seemed far out of reach.

“I’ve learned loads since I joined the Co-op Insurance team and although my first time talking to customers was daunting, I’ve since grown in confidence and now have the skills to answer most insurance queries.”

All of the successful candidates have the opportunity to earn qualifications up to degree level and will benefit from a competitive salary, well above the national average for apprenticeships.

What the Co-op Insurance Apprenticeship programme offers:
- The opportunity to work towards a nationally recognised CII qualification
- Salaries above national apprenticeship wage
- Training in money management
- The prospect of joining the Management Development Programme
- The chance to learn about co-operation via an inter-active web-based training course
- An introduction to the Co-op’s Social Goals programme and learn how its campaigning work can make a difference to individuals and communities

The planned expansion supports the business’ growth strategy to employ a further 30 insurance apprentices in the next five years.

Mark Summerfield, CEO of Co-op Insurance commented:

“The Co-op Insurance apprenticeship scheme is instrumental in supporting young people in getting the skills they need to enable a successful career in finance.

“Our apprentices play a vital role in the day-to-day operations of our business and we’re proud to be able to say that we pay well above the national average as a way of recognising their efforts.

“Many believe you need to be educated to degree level to enter the financial sector but the industry is evolving. An apprenticeship is an excellent opportunity to get your foot on the career ladder whilst getting a financial head start.

“In addition to these benefits, the scheme offers young hopefuls the opportunity to gain valuable work place skills, which will lay the foundations for a successful career in whichever path our apprentices choose.”

For more information or to apply for a role at Co-op Insurance visit www.jobs.coop.co.uk

ENDS

Media Contacts:

Emily Penkett
Press and Media Relations Manager
Email: Emily.penkett@coop.co.uk
Mobile: 07738621201

Rosie Brierley
Press Officer
Email: Rosie.brierley@coop.co.uk
Mobile: 07834446709
Follow us: @coopukpress

Notes to Editors

Over the past 6-years the Co-op has successfully trained over 3,500 apprentices, with plans to take on another 1,000 apprentices during 2017, having just recruited six school leavers in its Insurance Business. The Co-op currently has openings for Level 2 (equivalent to 5 GCSE passes) up to Level 6 (equivalent to a master’s degree) apprenticeships across many of its business areas.

The Co-operative Academies Trust, which sponsors eight academies in Leeds, Manchester and Stoke-on-Trent, is one of the top performing Multi Academy Trusts (MATs) in the country.

About Co-op Insurance:

Co-op Insurance is part of Co-op Group, one of the world’s largest consumer co-ops, owned by millions of members. Alongside Co-op Insurance, we have the UK’s fifth biggest food retailer, the UK’s number one funeral services provider, and a developing legal services business.

As well as having clear financial and operational objectives, the Group is a recognised leader for its social goals and community-led programmes.