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Pilot Programme to Enhance Talent Training for Asset and Wealth Management Sector and Insurance Sector

Asset and Wealth Management Sector

Topic Introduction

The Legislative Council has approved $100 million for implementing a three-year pilot programme to enhance talent training for the insurance sector and the asset and wealth management sector. The pilot programme has been in operation since August 2016. In the light of the general effectiveness of the pilot programme in the past years, the Government has decided to extend it until 2022/23.

The objectives of the pilot programme are to attract more new blood for expanding the pool of talents of the asset and wealth management sector and enhance the professional competency of the sector, which is conducive to the long-term growth of the sector.

Our Ongoing Work

The following initiatives are being implemented:
(I) Promotion and education initiatives;
(II) Internship programme for undergraduate students; and
(III) Financial incentive scheme for professional training.

For More Information

For more information, please visit the following websites/linked documents:
https://www.wamtalent.org.hk/eng/


Insurance Sector

Topic Introduction

The Government has implemented the Pilot Programme to Enhance Talent Training for the Insurance Sector and the Asset and Wealth Management sector since August 2016. For the insurance sector, the objective is to promote public awareness of the wide range of career opportunities and the career paths of functional jobs in the sector. The initiatives are geared towards training and developing talents to fill the skills gaps in specific areas of insurance business, in particular, general insurance, professional brokerage and functional areas of life insurance including underwriting, claims management, compliance and policy operation services. Considering the overall positive response to the Pilot Programme, the Government has extended the Pilot Programme until 2022/23 with some refinements in operational details.

Our Ongoing Work

The Pilot Programme comprises the following initiatives:
(I) Public education programme;
(II) Work-and-learn programme;
(III) Internship programme for undergraduate students; and
(IV) Financial incentive scheme for professional training.

For More Information

For more information, please visit the following websites:

https://www.instalent.org.hk/en