New portal from fpmi and many new jobs from fpmi members

In a telling sign of the strength and health of Bavaria’s financial community in a time of worldwide crisis, there are a large number of positions - primarily for specialists and trainees - available at the community’s members.

To facilitate the filling of these positions, Munich Financial Center Initiative (fpmi) has set up a job portal on its Website www.fpmi.de. Now being sought on it are investment analysts, customer consultants, HR specialists, participation mangers and controllers by Allianz, by Nürnberger Versicherungsgruppe, by Bavaria's savings banks and credit unions, and by Hausbank München. The portal also offers positions as trainee and post-degree banking and insurance specialists. The range and number of positions available on the portal are set to be great expanded in the months to come.

The portal was set up to meet the twin objectives of satisfying of fpmi members' immediate and long-term needs for highly qualified personnel. Entailed in the second goal is the setting up a pipeline of occupational qualification. To that end, fpmi members are currently providing 2800 trainees with on-the-job education. This means that nearly all of 2009's trainee positions were taken up. Those that have not been will be joined on the portal by those becoming available for 2010. Of those, some 80 will stem from HUK-Coburg. Completing this program of education will yield participants certifications as insurance and financial services specialists. Of these trainee positions, twelve are linked with a subsequent bachelor degree program in insurance studies, and ten with a diploma in industry-use IT.

Bavaria's savings banks are set to offer nearly 1400 trainee positions in 2010 - a figure at 2009's levels. These positions were all filled. It is a different situation in the state's credit unions, not all of whose 820 on-the-job training positions for 2009 were taken up.

"The setting up of the portal is our members' way of showing their commitment to being responsible employers, ones dedicated to providing young persons, even in times of economic crisis, with ways of earning qualifications in our companies," commented Christine Bortenlänger, managing director of the Munich Stock Exchange and speaker for fpmi.

FPMI's 41 members are major insurance and other financial companies, institutes and institutions based in Munich and in the rest of Bavaria.