The Managing General Agents’ Association has opened registrations for the third cohort of its Next Gen Mentoring Scheme. Candidates have until the end of the month to sign up to the Axa XL-sponsored programme that will then commence in November, once successful mentors have ben paired with their mentees.

The programme seeks to support personal and professional development for future leaders, retain talent in the industry and to enable people to build better networks.

Mike Keating (pictured), chief executive of the MGAA, said: “The launch of our third cohort is a testament to the scheme’s impact and importance. Under the co-leadership of Charlotte Harrison and Thomas Pereira, the MGAA Next Gen Mentoring Programme will champion our view that mentoring is a mutually beneficial two-way relationship for mentees and mentors, aligning with our ‘modern minds for a modern world’ motto.”

He added: “There is a clear link between mentoring and improved job performance, including career satisfaction, as well as a reduced chance of burnout. For example, 97% of those with a mentor reported that they found their mentor valuable, while 87% of both mentors and mentees felt empowered by the relationship and reported greater career satisfaction.”