Celebrating 50 Years in the Insurance Industry: A Reflection on Loyalty and Commitment
In a world where job hopping has become the norm, it is truly remarkable to come across individuals like Mr. Renato Vergel de Dios, who recently celebrated an incredible milestone of 50 years in the insurance industry. His dedication and loyalty to the industry are truly commendable, especially in an era where young professionals are constantly seeking new opportunities and challenges.
Mr. de Dios, who now heads one of the top five Life insurance companies in the Philippines, BDO Life Assurance Co. Inc., shared his journey with family and friends at a special dinner to commemorate his achievement. Despite the passage of five decades, he spoke about his experiences as if they had just happened yesterday, showcasing his passion and commitment to his work.
The insurance industry has undergone significant changes over the years, with companies like the Ayala Group offering generous retirement programs to long-serving employees. However, the landscape is now different, with millennials and Gen Zers often opting for career changes and new challenges.
As an industry veteran, Mr. de Dios finds it perplexing why young professionals would choose to leave an industry that offers a wealth of opportunities for growth and development. While formal education in insurance may be lacking, companies provide training programs to equip employees with the necessary skills and knowledge. The Insurance Institute for Asia and the Pacific (IIAP) also plays a crucial role in training individuals in the technical and soft skills required in the industry.
Moreover, opportunities for international training and networking abound, with foreign companies offering programs for employees to enhance their expertise and interact with industry peers from around the world. Attending conferences and meetings in different parts of the globe provides invaluable insights and experiences that cannot be gained through traditional education alone.
Just last week, a group of accomplished insurance agents qualified for the prestigious Million Dollar Round Table (MDRT) award, showcasing the global reach and recognition of the industry. These agents were en route to Vancouver, Canada, for the annual conference, where they would have the opportunity to network with top professionals and further enhance their skills.
In a world where job loyalty is increasingly rare, individuals like Mr. de Dios serve as a shining example of dedication and commitment to their craft. As the insurance industry continues to evolve, it is essential for young professionals to recognize the vast opportunities for growth and development that it offers. By embracing these opportunities and staying committed to their careers, they can achieve long-lasting success and make a meaningful impact in the industry.