Fellowship
Social Finance Program Fellowship for Insurance and Financial Services Professionals in Sub-Saharan Africa and Asia
A Social Finance Program Fellowship for Insurance and Financial Services professionals will feature individuals from Sub-Saharan Africa and Asia., Post a Comment
- Provider
- Various
- Region
- Africa
About this scholarship
[starportillo](https://scholarshipsforafricans.com/author/beyondstellar/)
[July 5, 2021August 2, 2021](https://scholarshipsforafricans.com/2021/07/05/)
A Social Finance Program Fellowship for Insurance and Financial Services professionals will be hosted by the International Labor Organization (ILO). Featuring individuals from Sub-Saharan Africa and Asia, the fellowship opportunity is opening applications until July 25, 2021, at 23:59 CEST.
## What is ILO’s Social Finance Program Fellowship?
The Social Finance Program Fellowship of ILO aims to link qualified professionals in the insurance and financial services sector with progressive organizations. Through this effort, the fellows will be given the chance to bridge skill gaps and, in turn, create and apply innovative projects that will benefit the community.
Each fellow will be partnering with a host organization for at least one year in order to see the chosen project through. Furthermore, the project could range from the implementation of a risk management product, a public-private partnership, digital solution, or distribution partnership.
**To expound, the project will zone in on the following core concepts:**
- Designing integrated risk-management solutions for small enterprises and / or low income households that bundle insurance with other financial and non-financial services to improve customers’ ability to manage risk and increase their productivity capabilities
- Enhancing public-private partnerships that help achieve public policy objectives aligned to the UN’s SDGs, especially those related to decent work, food security, climate change, and universal health coverage.
## Who Can Become Fellows?
Mid-career insurance and/or financial services professionals stationed at Sub-Saharan Africa and Asia who are eager to apply their skills to benefit the low-income and emerging markets and who have worked in a technical capacity for at least three years may participate in ILO’s Social Finance Program Fellowship.
Moreover, university graduates with less than three years of professional experience may be offered a fellowship on an exceptional basis if they have a unique set of skills sought by a host.
The ideal fellowship candidates for a fellowship should have relevant expertise to contribute to insurance and/or microfinance activities. They must also be interested in working in developing countries as well as in development issues.
Consequently, they must have a serious commitment to providing microinsurance and/or microfinance consulting services. On another note, the aspiring fellows should also be practicing as microinsurance/microfinance professionals on an ongoing basis after the assignment.
In terms of skills, the ideal people possess project management skills. They need to be resourceful and capable of arranging practical necessities related to travel, life, and work in a new environment. Finally, they should be ready to work in a developing country for the duration of the fellowship.
## How to Apply for the Insurance and Financial Services Fellowship?
For a complete overview of the said fellowship program, read the [Social Finance Program briefing](https://www.ilo.org/wcmsp5/groups/public/@ed_emp/documents/genericdocument/wcms_807455.pdf). You may also visit the [official fellowship posting webpage](http://www.impactinsurance.org/about/fellows/become-fellow) for the full list of requirements. However, the most important thing to note is that applicants must email the completed application form, along with a curriculum vitae and cover letter to [socialfinance@ilo.org](mailto:socialfinance@ilo.org), with “Fellowship application” as the subject line, on or before July 25, 2021, 23:59 CEST.
\*NOTE: Only submissions that include the three required documents will be considered complete.
* * *
_brought to you by Scholarships for Africans_
[**Scholarships for Africans**](https://scholarshipsforafricans.com/) is a premier scholarship information blog committed to bringing more opportunities for Africans globally. They are part of the African Scholar Initiative, powered by Scholarship Hippo.
Be part of our growing community!
**JOIN:** [Scholarships for Africans Facebook group](https://www.facebook.com/groups/ScholarshipsforAfricans)
**LIKE:** [African Scholar Initiative Facebook page](https://www.facebook.com/AfricanScholarInitiative)
### Share this:
- [Share on Facebook (Opens in new window)Facebook](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/?share=facebook&nb=1)
- [Share on X (Opens in new window)X](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/?share=twitter&nb=1)
- [Share on WhatsApp (Opens in new window)WhatsApp](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/?share=jetpack-whatsapp&nb=1)
- [Share on LinkedIn (Opens in new window)LinkedIn](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/?share=linkedin&nb=1)
- [Share on Telegram (Opens in new window)Telegram](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/?share=telegram&nb=1)
- [More](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/#)
- [Print (Opens in new window)Print](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/#print?share=print&nb=1)
- [Share on Reddit (Opens in new window)Reddit](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/?share=reddit&nb=1)
- [Share on Tumblr (Opens in new window)Tumblr](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/?share=tumblr&nb=1)
- [Share on Pinterest (Opens in new window)Pinterest](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/?share=pinterest&nb=1)
### Like this:
LikeLoading…
### _Related_
[World Bank Group Africa Doctoral Fellowship Program for Sub-Saharan Africans](https://scholarshipsforafricans.com/world-bank-group-africa-doctoral-fellowship-program-for-sub-saharan-africans/ "World Bank Group Africa Doctoral Fellowship Program for Sub-Saharan Africans")
[Mandela Washington Fellowship for Sub-Saharan African Leaders \[FULLY-FUNDED\]](https://scholarshipsforafricans.com/mandela-washington-fellowship-for-sub-saharan-african-leaders-fully-funded/ "Mandela Washington Fellowship for Sub-Saharan African Leaders [FULLY-FUNDED]")
[ACLS 2021 African Humanities Program for African Researchers](https://scholarshipsforafricans.com/acls-2021-african-humanities-program-for-african-researchers/ "ACLS 2021 African Humanities Program for African Researchers")
In[asia](https://scholarshipsforafricans.com/tag/asia/), [Asians](https://scholarshipsforafricans.com/tag/asians/), [fellowships for africans](https://scholarshipsforafricans.com/tag/fellowships-for-africans/), [financial services](https://scholarshipsforafricans.com/tag/financial-services/), [insurance](https://scholarshipsforafricans.com/tag/insurance/), [International Labor Organization](https://scholarshipsforafricans.com/tag/international-labor-organization/), [Social Finance Program](https://scholarshipsforafricans.com/tag/social-finance-program/), [sub-saharan africa](https://scholarshipsforafricans.com/tag/sub-saharan-africa/), [Sub-Saharan Africans](https://scholarshipsforafricans.com/tag/sub-saharan-africans/)
### Leave a Reply[Cancel reply](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/\#respond)
Post a Comment
Δ
This site uses Akismet to reduce spam. [Learn how your comment data is processed.](https://akismet.com/privacy/)
[Previous postLancaster University Ghana Scholarships for Ghanaian Undergraduate Students](https://scholarshipsforafricans.com/lancaster-university-ghana-scholarships-for-ghanaian-undergraduate-students/)
[Next postArtist Relief Grants – Opportunities for South African Creatives Affected by COVID-19](https://scholarshipsforafricans.com/artist-relief-grants-opportunities-for-south-african-creatives-affected-by-covid-19/)
[starportillo](https://scholarshipsforafricans.com/author/beyondstellar/)
[March 20, 2022March 18, 2022](https://scholarshipsforafricans.com/2022/03/20/)
[starportillo](https://scholarshipsforafricans.com/author/beyondstellar/)
[March 18, 2022March 18, 2022](https://scholarshipsforafricans.com/2022/03/18/)
[starportillo](https://scholarshipsforafricans.com/author/beyondstellar/)
[March 9, 2022March 6, 2022](https://scholarshipsforafricans.com/2022/03/09/)
[starportillo](https://scholarshipsforafricans.com/author/beyondstellar/)
[March 7, 2022March 6, 2022](https://scholarshipsforafricans.com/2022/03/07/)
[starportillo](https://scholarshipsforafricans.com/author/beyondstellar/)
[February 23, 2022February 23, 2022](https://scholarshipsforafricans.com/2022/02/23/)
[starportillo](https://scholarshipsforafricans.com/author/beyondstellar/)
[February 22, 2022February 22, 2022](https://scholarshipsforafricans.com/2022/02/22/)
Search for:
Close
## Discover more from
Subscribe now to keep reading and get access to the full archive.
Type your email…
Subscribe
[Continue reading](https://scholarshipsforafricans.com/social-finance-program-fellowship-for-insurance-and-financial-services-professionals-in-sub-saharan-africa-and-asia/#)
%d
Eligibility criteria
Always cross-check eligibility against the sponsor's official site before applying — sponsor rules can change between intakes.
- Citizen or permanent resident of an eligible African country
- Currently applying to or enrolled at the Fellowship level
- Strong academic record — typically a minimum GPA equivalent to a UK 2:1 / US 3.3
- English-language proficiency demonstrated by IELTS, TOEFL or an MOI letter
- Two academic or professional references able to speak to your potential
Required documents
A planning baseline drawn from how 90%+ of African scholarship sponsors structure their checklist. The sponsor's portal is the source of truth for any single application.
- Valid international passport (bio page scan)
- Most recent academic transcripts (sealed or e-verified copies)
- Curriculum vitae / résumé (1–2 pages, reverse-chronological)
- Personal statement or motivation letter (500–1,000 words, tailored to the sponsor)
- Two to three reference letters (academic for students, professional for working applicants)
- Proof of English proficiency (IELTS, TOEFL or Duolingo) — Medium-of-Instruction letter may substitute for Anglophone-Africa graduates
- Passport-sized photograph meeting ICAO biometric standards
- Research proposal or statement of purpose (500–2,000 words for PhD)
- Published or unpublished writing sample (PhD and research-led Masters)
- Country-of-origin proof (national ID or birth certificate) — required by many Africa-focused funders
Deadline timeline
The sponsor has not published a fixed deadline yet. Use the milestones below as a generic 12-month plan; substitute dates once the intake window opens.
- 12 months out
Register for tests (IELTS/TOEFL/SAT/GRE), shortlist 3–5 universities, identify referees.
- 6 months out
Sit your tests, draft a personal statement, request transcripts and confirm reference letters.
- 3 months out
Finalise essays, upload supporting documents, complete the online application portal.
- 1 month out
Final review, double-check uploaded files, submit a week before the deadline to avoid portal issues.
- Application deadline
Submit by 23:59 in the sponsor's stated time zone — usually local to the sponsor, not your country.
Frequently asked questions
Who can apply for the Social Finance Program Fellowship for Insurance and Financial Services Professionals in Sub-Saharan Africa and Asia?+
Applicants must be eligible African nationals applying at the Fellowship level, meet the academic and English-language requirements set by Various, and be able to relocate to the host country for the duration of the programme.
Is the Social Finance Program Fellowship for Insurance and Financial Services Professionals in Sub-Saharan Africa and Asia fully funded?+
Funding model: Funding type varies — check the official site. Where listed as fully funded, the award typically covers tuition, monthly stipend, health insurance and round-trip airfare. Always confirm the latest funding breakdown on the sponsor's official page.
When is the application deadline?+
The application deadline is varies by intake — see the official site. Submit at least one week early — sponsor portals frequently slow or fail in the final 24 hours, and late submissions are not accepted under any circumstances.
What documents do I need to apply?+
At minimum: passport bio page, academic transcripts, CV, personal statement, two to three references, and an English-language test score (IELTS, TOEFL or Duolingo). Research-led Masters and PhD applications also require a research proposal and a writing sample.
How can I improve my chance of winning?+
Apply early, tailor every essay to the specific sponsor (do not recycle a generic statement), secure at least one reference who knows your work in detail, and apply to two or three additional scholarships in parallel — never rely on a single application.