The new training year brings the total number of trainees employed by Talanx across Germany to 380 (2015: 383) at 17 locations. The majority of them are in Hannover – with 92 (2015: 94) – and in Cologne, which has 59 (2015: 62) trainees. The number of trainees at Talanx varies from year to year because the requirements of the individual divisions – namely Retail Germany, Retail International and Industrial Lines – are recalculated every twelve months. "Our training is exclusively needs-based, we cover our own personnel requirements primarily with our junior recruits", explains Thomas Belker, whose responsibilities as Spokesman of the Management Board of Talanx Service AG include the human resources sector. "As we are already seeing, however, it is clear that going forward we will have an increased need for integrated degree students in the field of business IT so as to deal with our digitalisation tasks within the Group".
Practical training abroad for integrated degree students
A major prerequisite for candidates seeking a training position with Talanx is that they must have passed the German school-leaving examination qualifying for entrance to university or advanced technical college. When it comes to selecting suitable applicants, the training management team at Talanx attaches special importance to good grades in German and mathematics as well as in politics or economics, a good all-round education and sound numerical reasoning. Nevertheless, "soft skills" such as team skills, good manners, individual initiative and determination as well as a willingness to learn and commitment also play a central role in the selection process at Talanx.
The training consists of the theoretical side – the vocational institute – and the practical part, i.e. working at the company. The vocational training last 2.5 years until certification by the Chamber of Industry and Commerce, with an additional half-year needed for the Bachelor's degree. Integrated degree students also have the opportunity to spend three months of practical training abroad within the international insurance Group. One integrated degree student is currently in Milan, while another is in Copenhagen. "Furthermore, we offer performance-based remuneration, flexible working hours and the chance to be a team player", adds Thomas Belker.
The training offered by Talanx for certified insurance and finance practitioners can focus on the field service or concentrate on back office activities. Even during the application phase, trainees are able to decide, for example, whether they would prefer to go into the sales side. It is, however, also possible to switch from back office to field service or vice versa during the training. In the new 2016/2017 training year 41 of the 113 trainees opted for more field service-oriented training and hence decided in favour of a career in the role of advisor.
Talanx trainees manage their own mini firm
At Talanx all trainees in Hannover work in their own mini company, known by its German abbreviation MAP. Various sales campaigns addressing social concerns as well as projects are initiated from this mini company. The project entitled "The Customer as Manager of His or Her Life", for example, was rewarded with a medal at the industry competition InnoWard 2016. Right now Talanx trainees at the Hannover location are collecting plastic caps from returnable bottles that can be sold to recycling firms for the social project "Polio plus". The proceeds will be used to pay for polio vaccinations in countries such as Nigeria.
This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.