< News | 14.09.2017

COVÉA LAUNCH FUNDED DEGREE APPRENTICESHIP

COVÉA LAUNCH FUNDED DEGREE APPRENTICESHIP

Covéa Insurance have announced the launch of a tailored university degree with funding from the Government backed apprenticeship levy that came into effect in April this year. Five higher level apprentices have been recruited who will study for a degree in software and web development alongside working in the company’s IT team.

The degree will take four years to complete and the apprentices will be paid employees for the duration of their studies, graduating with a full-time job and no student loan to pay back. The degree has been developed in partnership with an external
university and training provider and the company will continue to off er its traditional apprenticeship programme for school leavers and its graduate training programme for new graduates.

The apprenticeship levy is a percentage of the annual wage bill all companies must pay if their annual wage bill exceeds £3million. Covéa Insurance wants to make maximum use of the funds available, using the widened eligibility criteria to address skills gaps and upskill its workforce.

Share

Related articles

AN INSIGHT TO BEHOLD

AN INSIGHT TO BEHOLD

Th is month we’d like to tell you about the wide range of insight reports available to members as well as our ever-expanding fact file resources

CII launch new qualification brochure

CII launch new qualification brochure

The CII have released their qualification brochure for 2018.

Lesson for Malaysia

Lesson for Malaysia

The Malaysia Insurance Institute (MII) has invited the CII to deliver a presentation on ‘The UK Aldermanbury Declaration – Lessons for Malaysia’.