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Home » FAQs - Bring IT on @ IAG
Please refer to the following FAQs for more information about the Bring IT on @ IAG competition:
1. Who is IAG?
IAG is the parent company of a general insurance group with controlled operations in Australia and New Zealand. Our businesses underwrite around $12 billion of premium per annum, selling insurance under many leading brands, including: NRMA Insurance, CGU, SGIO, SGIC, Swann Insurance and WFI (Australia); and NZI, State, AMI and Lumley (New Zealand). We also have interests in general insurance joint ventures in Malaysia and India.
2. What is our purpose?
Our purpose is to make your world a safer place. We recognise that our role extends beyond transferring risk and paying claims. Our purpose drives our business to work collaboratively with the community to understand, reduce and avoid risk, and to build resilience and preparedness. This results in better outcomes for the community and means fewer claims and lower costs for our business.
3. What is BIO?
BIO (Bring IT ON @ IAG) is an initiative created and run by the Women In Technology division at IAG. Our initiative is aimed at attract ing young women to technology opportunities and peaking their interest in a technology career. Our whole motivation is to see the number of women in technology careers nation wide rise and to encourage students of both genders to get creative with technology.
4. Is the program two weeks full time?
There will be a structured schedule set for the teams for the two week incubation period which will be optional to attend. We highly recommend you attend all classes to gain as much knowledge, support and resources for your team and your development as possible.
5. Who owns the final product?
Our Non-Disclosure Agreement (NDA) was professionally written to keep your ideas and intellectual property safe. You will be required to fill out an NDA and accept our terms and conditions before participating in the event.
6. Can teams have participants from other universities?
No. As this is our pilot program we are offering exclusivity to Swinburne and Monash Universities only.
7. Can teams be mixed from Swinburne and Monash?
8. What happens if we can’t find enough females to join the team?
The 50% female ratio is a must. We encourage students to do their hardest to encourage females to enter and get the numbers up. If for some reason you are slightly short of the 50% mark, please get in touch with us directly through the link below to discuss your options.
9. Are transgender and non-binary students included?
Of course. This can be discussed privately with the teams upon application. IAG is an all inclusion organisation and openly welcomes anyone of any gender, sexuality, race or religion.
10. How will the prize money be distributed?
The cash prize is to split equally amongst team members. Although there is not restrictions on how the money is spent, it is encouraged that the winning teams use it to help further their idea’s or technology careers.
11. What graduate opportunities would Bring IT On @IAG offer to participants?
The 1st prize winners from each category will be eligible to get a fast-track entry into IAG’s 2021 graduate program after successfully facing a panel interview.
To be eligible for the 2021 program you must meet the below criteria:
- Australian permanent residency or Australian or New Zealand citizenship.
- A recent undergraduate or a post graduate who has graduated over the last three years (2018, 2019, 2020).
- Applicants must have a credit average (65%) or higher.
The graduate opportunities offered would be within Technology and Digital related areas.
Graduate opportunities for 1st prize winners who are in final year of their study?
The applications are closed for IAG’s 2020 Graduate Program. If you graduate in 2019 or 2020 you will be offered the opportunity to gain a fast-track entry into the 2021 graduate program after a face-to-face panel interview.
Graduate opportunities for 1st prize winners in their first year of their study?
If you are currently in the first year of your undergraduate or postgraduate course, you will be offered the opportunity to gain a fast-track entry into future graduate programs (in year 2022 or 2023) following your graduation. The winners must successfully complete a panel interview prior to securing a graduate role with IAG.
What graduate opportunities are offered to 2nd and 3rd prize winners?
Runners up of undergraduate and postgraduate categories will be offered the opportunity to attend the graduate assessment centres for 2021 graduate program in Melbourne. This would be a rare and a valuable opportunity offered to you as recent graduates as we only shortlist limited number of graduates to attend our assessment centres. Participants who present well at the assessment centre will be shortlisted to progress to a face to face interview. Please note the graduate program eligibility criteria (stated above) will apply to you.