The Council of Australian Life Insurers has launched ReCALIbrate, offering grants to female financial risk advisers to attend the FAAA Congress, to help foster the next generation of female advisers.
CALI describes ReCALIbrate as a chance for women to reshape life insurance.
The inaugural program will provide $2,000 grants to five mid-career, female financial risk advisers to attend the FAAA Congress in November 2023 in Adelaide.
CALI CEO, Christine Cupitt, says the council believes it’s important to play its part to foster the next generation of female financial risk advisers “…to ensure a strong pipeline of talent and leadership while also addressing the decreasing number of financial advisers in Australia.”
She says CALI is “…passionate about finding ways to make life insurance more inclusive so that our industry reflects the community we serve.”
She adds that men outnumber women at industry conferences for many reasons “…including juggling family and carer responsibilities with day-to-day work. We want to do more to create opportunities for women in our industry.”
CALI Board Member and Managing Director of Clearview Wealth Limited, Nadine Gooderick, says women have traditionally been under-represented in financial services “…but that is gradually changing and we want to do our part to encourage women to pursue a career in risk advice and foster a diverse, inclusive industry.”
FAAA CEO, Sarah Abood says the association applauds the initiative and has a shared desire to encourage engagement among female financial risk advisers and foster the next generation of female talent.
To ensure women continue to engage with the industry and benefit beyond the event, each ReCALIbrate recipient will be paired with a senior female life insurance industry leader and have the opportunity to have two meetings, to provide a forum for mentorship, learning, support and advice.
