Abstract
The percentage of Malaysians without insurance is still close to 50%. According to a survey, 41% of Malaysians remain uninsured (Amanda Siddharta, November 13, 2024). This figure was used as the motivation behind selecting Infinite Wealth Academy (IWA), an agency under Prudential Assurance Malaysia Berhad (PAMB), as the preferred internship placement. The internship, which took place from August 12, 2024, to January 24, 2025, allowed participants to use their academic knowledge in real-world situations and obtain practical experience. IWA maintains the qualities of professionalism, trust, and financial knowledge, much as its parent firm, PAMB. For more than a century, Prudential has promoted long-term financial stability across Asia, and the agency provides customised insurance and financial solutions to assist clients reach this goal (Prudential pic). Building solid and enduring relationships within the industry is IWA's main goal. Managing social media presence, planning agency events, and helping with team coordination were among the duties throughout the internship. These assignments helped foster the growth of organisational, creative, and leadership abilities. In addition to providing opportunities for future career development, exposure to specialists in the field and practical experience in agency operations enhanced comprehension of the insurance business. Despite Prudential's solid reputation, IWA sets itself apart with a wide range of products and a highly qualified staff. But issues like few resources and reliance on individual performance still exist. There are plenty of prospects for growth due to the rising need for insurance knowledge. IWA should make more investments in resources, improve operational procedures, and encourage team members to keep learning to sustain growth. Maintaining long-term success will require adjusting to changing market trends and focusing on younger, tech-sawy consumers.
Metadata
Item Type: | Monograph (Industrial Training) |
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Creators: | Creators Email / ID Num. Luhong Mark, Rosthasya 2022779627 |
Contributors: | Contribution Name Email / ID Num. Advisor Tamrin, Masliana UNSPECIFIED |
Subjects: | L Education > LC Special aspects of education > Types of education > Professional education > Interns. Internship programs L Education > LG Individual institutions > Asia > Malaysia > Universiti Teknologi MARA > Melaka L Education > LG Individual institutions > Asia > Malaysia > Universiti Teknologi MARA |
Divisions: | Universiti Teknologi MARA, Melaka > Bandaraya Melaka Campus > Faculty of Business and Management |
Keywords: | Industrial training; Internship; Infinite Wealth Academy, Prudential Assurance Malaysia Berhad |
Date: | 2025 |
URI: | https://ir.uitm.edu.my/id/eprint/113609 |