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About Us

Training and Development

Our ability to deliver top quality products and services to customers depends on the quality and skills of our staff. We are therefore committed to providing extensive training and development opportunities for our staff to equip them with the skills to operate professionally and efficiently wherever they work in the group.

Induction
All new staff on joining the group are offered an induction programme to help them get to know the business, find their way around the organisation and understand where they, and their role, fits in the wider organisation.

Job related
Training for specific tasks and acquiring skills and competencies is a continuous process. This is done through a combination of on-the-job experience, formal training courses (both internal and external), involvement in project work and rotation between different types of work. As teamwork is important in our organisation staff are also involved in out-door team training and team building courses to develop inter-personal skills.

Study Support
Staff are encouraged to pursue further studies relevant to their career in financial services. Course and exam fees for recognised qualifications are paid for and study assistance provided. Refundable staff loans are available to pursue relevant third level qualifications.

Professional Trainee Schemes
The group operates a number of special trainee programmes for Accountancy and Actuarial. These programmes are open to school leavers and graduates. Successful applicants combine on-the-job experience in a relevant area with study for their professional qualification. They enjoy full salary, generous study leave and exam fees and associated costs are paid for.

Accountancy Trainee Scheme

Academic Requirements
Applicants must meet the following academic requirements
  • At least five honours including English at higher level in the Leaving Certificate, with a minimum Grade C in higher level Mathematics or Grade B in lower level Mathematics, or
  • An Honours degree, preferably in a business discipline
Qualifications
ACA, ACCA, CIMA

Remuneration
Irish Life & Permanent offers a competitive remuneration package for all trainees on the scheme. There is an increase in salary for each year the trainee is under contract, which is based on work and exam performance.

Bonuses are awarded based on work performance during the year. Irish Life & Permanent also awards an exam prize qualification.

Training & Skills Development A wide range of on-the-job training is provided. The trainee rotation programme allows you to work in a number of departments within the group to gain a broad accountancy experience e.g. financial accounting, cost management, management accounting and group consolidation.

Irish Life & Permanent provides trainees with a wide range of skill development through internal and external courses. These include computer skills, technical accountancy skills, presentation skills as well as personal development (e.g. influencing skills, communications etc.).

Study Leave
Irish Life & Permanent provides the trainee with study leave to prepare for their professional exams. This is dependent on the professional qualification and the number of papers being studied. The group follows the relevant Institute recommendations on study leave.

Promotion Successful participants in this scheme would be expected to progress to management positions within the group.

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Actuarial Trainee Scheme

Academic requirements
Applicants must possess an outstanding ability in mathematics and have either:
  • At least six honours including English at higher level in the Leaving Certificate, with Grade A in Mathematics and at least two other subjects, or
  • A first class honours degree or an upper second class honours degree in Mathematics, Statistics or Actuarial Science
Qualification
Institute of Actuaries

Remuneration
Irish Life & Permanent offers a competitive remuneration package for all trainees on the scheme. There will be an increase in salary for each year the trainee is under contract, which is based on work and exam performance.

Bonuses are awarded based on work performance during the year.

Training & Skills Development
Each student will be appointed a mentor. The purpose of the mentor is to monitor and support the trainee’s studies. A wide range of ‘on the job’ training is provided and trainees are rotated between a number of departments to obtain relevant experience. Trainees attend both internal and external courses covering both technical skills and personal development.

Study Leave
Irish Life & Permanent provides the trainee with Study Leave for two sittings of each exam. The number of days is dependent on the series and whether it is the first or second sitting.

Promotion
Successful participants in this scheme would be expected to progress to senior management positions within the group.
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