ANSWERS

1. How was the GIP established?

The GIP was established in Jun 2008 with the backing of the insurance industry. It allows potential employees the opportunity to see the industry from a number of different angles. It provides an opportunity to stretch the intellectual capacity of interns and give them a sense of what General Insurance is all about, including the varied careers of underwriters, claims specialists and risk managers.

2. What is the GIP mission?

The GIP is a 10 - 12 weeks internship programme for accomplished young talents who will be attached to the general insurance companies in the industry.

The goal of the program is to provide young talents at our universities an opportunity to have a meaningful and challenging experience in the General Insurance Industry in Singapore. Selected interns will be placed in career-related internships that further their professional and personal development, provide them with leadership and cross-cultural communication skills, improve their English language acquisition and help them advance as they attend graduate school and enter the work force thereafter.

3. What programs does the GIP offer?

10 - 12 weeks internships program with General Insurance Companies ranging from MNCs to regional and local companies.

4. How is GIP different from other internships opportunities?

The GIP emphasis is on practical professional experience in the form of supported general insurance internships.

5. When is the next application deadline?

17 April 2017 for the GIP 2017 Intake – for all GIP Applications.

6. From what disciplines does GIP accept applicants?

All disciplines. Except Medicine, Dentistry and Pharmaceutical Science.

GIA and the Participant host companies reserved the rights to select the applicants and discipline based on the given job role.

7. Can I expect to be placed at only one of the companies listed?

Not necessarily. The placements depend on the intern’s disciplines and are tailored specifically to each individual. The intern’s suggestions and preferences are taken into consideration whenever possible. However, if one of the host companies is determined to be a good match and has the capacity to host more than one intern, the GIA will start the placement process by exploring that opportunity first.

8. How does the GIP determine which companies the selected interns are placed at?

GIA is committed to providing the selected interns with practical training opportunities related to each individual's field of study and stated professional goals. GIA cannot guarantee placements of desired length, at desired geographical locations or at preferred companies. However, individual suggestions and preferences are taken into consideration whenever possible. Generally, around 50% of the interns are placed with the companies of their choice.

9. Can I reject a placement offer and expect the GIP to find me another placement?

Interns' decisions to accept or decline a training placement offer should be based solely on the professional relevance of the training (and not on location or company). If, after an interview with a potential host company, the intern has concerns about the nature or quality of the offered training, he should address the issue with the GIA. If the GIA determines that the intern's concerns are valid, he will be offered another placement opportunity.

10. Who is invited to conduct the interview?

Candidates will have 2 rounds of interviews. The first round comprises meeting with the GIP Manager and the 2nd round with the host company’s CEO/HR and/or mentor.

11. What can I expect from the interview?

Interviews are all conducted in English, and expected to take around 20 – 40 minutes.

12. What is the purpose of an interview?

The interview helps GIA's Coordinator evaluate the applicant's professional preparedness and language and communication skills in person and gives the applicant an opportunity to state and clarify his professional goals.

13. What are the main criteria for selection?

The main factors that GIA weighs when making selection decisions are professional preparation and the relevance of the candidate's stated goals to the GIP mission. And it is only open to Singaporeans and Permanent Residents.

14. Approximately what percentage of the applicants is accepted?

Since the inception of GIP, an average 15% of the total number of applicants has been accepted.

15. Where can I find more information about GIP?

All relevant information concerning eligibility requirements, the application process, deadlines, and downloadable application forms can be found on our website. After you have thoroughly read the website, and have any questions, please feel free to contact our office.