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How Magma HDI is cultivating tomorrow’s leaders through ‘Step-Up’
- Magma HDI General Insurance has set up the Step-Up Programme, to prepare graduates for a career in the insurance sector.
- Fresh graduates are taught strategic thinking for general management responsibilities, or operational and execution-focussed roles.
- The programme's onboarding process ensures trainees interact with senior leadership, creating a sense of belonging and purpose from day one.
- A mentorship framework pairs trainees with experienced professionals who offer guidance and whose progress is monitored through quarterly evaluations.
- The Spotlight Programme recognises the accomplishments of exceptional trainees, with around 10% to 15% of trainees already recognised.
- The company offers fast-track promotions for trainees who demonstrate exceptional performance.
- Magma HDI has partnered with the Institute of Insurance and Risk Management (IIRM) for customised training modules.
- The company's culture values openness, with the Synergy initiative, that reinforces trust and ensures employees see tangible outcomes from their feedback.
- Magma HDI plans to scale the Step-Up Programme further, supporting organisational needs through digital transformation and emerging industry trends.
- Magma HDI continues to invest in fresh talent and their development to lead the industry into its next phase of evolution.
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