Sign in Subscribe
Insurance industry

John Hancock Introduces Leadership Development Program for Aspiring Agents

Strategic Insights

— 1 min read

John Hancock has launched a leadership development program for agents interested in pursuing management roles as part of its broader strategy to expand its career agency system. The program offers five distinct levels of professional development, each with coursework and clear guidelines on achievement benchmarks and timelines. This initiative is a direct result of the company's renewed commitment to its career agency system following its merger with Manulife.

Key Takeaways:

  • The Leadership Development Program includes five levels of professional development, each with coursework and clear guidelines on achievement benchmarks and timelines.
  • The program's curriculum includes industry and proprietary programs, such as the LAMP meeting at GAMA and courses custom-designed by leadership development authority Kinder Brothers International.
  • The program also includes study groups to enhance the learning experience and elements such as a more-experienced managers' school, a high-potential program, and a managing partners program.
  • The program is a competitive advantage for recruiting and provides a comprehensive career path for producers who want to take on management roles.
  • The program is a key element in achieving John Hancock's growth and productivity goals for its career agency system.

Statistics:

  • The program aims to provide education, training, and development tools for aspiring managers.
  • The leadership development program is a direct result of the company's renewed commitment to its career agency system following the merger with Manulife.
  • John Hancock has a goal to double the number of JFN career agency producers by 2010.
  • The company considers the Leadership Development Program to be a competitive advantage for recruiting.
  • Manulife Financial Corporation has Funds under management by Manulife Financial and its subsidiaries were Cdn$350 billion (US$290 billion) as at March 31, 2005.

Sources:

  • PRNewswire-FirstCall: "John Hancock Develops Leadership Development Program for Career Agency Distribution Arm"
  • Company website for John Hancock Financial Network (http://www.jhnetwork.com/)
  • Company website for John Hancock and Manulife Financial (http://www.manulife.com/)
  • The Globe and Mail: "John Hancock Financial Network is a service mark of John Hancock Life Insurance Company and its affiliated companies"

Read more