Insurance Star on the Rise: Nyasha Madzingira’s Story

Nyasha’s success has not been plain sailing. There have been many challenges, from relocating to South Africa to juggling a career with family responsibilities, including raising two daughters.

“I never want to say that I couldn’t do something because of my children or use life’s hurdles as an excuse not to do what I am passionate about. I tapped into my faith in God, the incredible support of my husband and family. Together we always find a way forward.”

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Despite having postgraduate qualifications and a successful career, Nyasha – like many of us – experienced moments of doubt. This led to her pursuing specialised studies at an undergraduate level. “Insurance is technical. Not having an industry qualification meant I felt I may have missed some of the basics. Even the postgraduate diploma I completed in 2014 didn’t offer the insurance-specific theory I wanted.”

“There is a skills shortage in the South African short-term insurance industry. The Milpark BCom with a major in short-term insurance is sought after because it provides detailed information on the key principles, theories, regulations and specialist products that underpin the short-term insurance industry. Completing the course grants a certain level of trust and it automatically qualifies you to become a Fellow of the Insurance Institute of South Africa (IISA).”

Even though she had worked in insurance for many years, Nyasha says the Milpark experience has given her a distinct advantage. “The modules were relevant to my day-to-day work. It’s triggered new thinking and a deeper understanding of the theory, which has benefitted me and my clients. The in-depth approach to industry-specific topics like reinsurance, was enriching.”

“Because Milpark is fully online it gave me a technological advantage, futureproofing my career. I was adept at using technology, but the course took it to a new level, forcing me to adapt and giving me much more confidence from a tech perspective.”

Nyasha says that the course has changed her life. As well as enhancing her tech skills and giving her a professional short-term insurance qualification, she is now a Fellow of the Insurance Institute of South Africa (IISA). And, as a Milpark Top Achiever, she has been formally invited to be recognised at the African Insurance Exchange Conference in July 2024. “It has opened new doors and career opportunities.”

Nyasha’s goal is to make a meaningful impact in insurance and beyond. “My dreams fall into four categories – faith, family, career and community. To remain rooted in my faith; to maintain a stable, functional, united family; to be an impactful leader in the insurance industry and to contribute to communities.”

She also wants to highlight the pressing issue of climate change, the subject of her master’s thesis: “The insurance sector is strategically placed to support sustainability. Climate change is here to stay, and we need to look at how we can help mitigate its effects and create a safer world for future generations.”

Nyasha encourages others to explore careers in the insurance industry. “Most people don’t realise there’s a wealth of opportunities. Insurance is a massive industry that commands a share of the economy and employs over 100,000 people in South Africa alone.”

Milpark offers several pathways to a career in insurance, including a higher certificate, advanced certificate, undergraduate BCom, and a postgraduate diploma in risk management.

Connect with Nyasha on LinkedIn.

Milpark Top Achiever, Nyasha Madzingira, a BCom with a major in short-term insurance graduate, shares eight action tips for career professionals seeking success:

1. Hard work and determination will pay off. Don’t give up.
2. Seek help when needed. If you feel overwhelmed reach out, your lecturers are available and willing to assist.
3. Effective time management and prioritizing tasks are crucial for success.
4. Get involved, it’s the key to learning and career growth. Be willing to learn from supervisors, managers, colleagues and clients.
5. Pursuing further studies and self-development enables you to stay relevant in your industry.
6. Own your career. Take charge and actively seek opportunities to learn, gain experience and network.
7. Maintain a balance between family, faith and your career. Involve your family and friends and accept their support.
8. Act now. Life will always be busy. There will never be a perfect time to further your education and career. The best time to act is now.

Nyasha Madzingira's journey is a testament to the power of resilience, determination, and the value of specialized education in unlocking new opportunities. Her story inspires aspiring professionals to pursue their passions, overcome challenges, and continually seek growth. By highlighting the significance of industry-specific study and sharing practical advice, Nyasha empowers others to embark on their own paths to success.

At Milpark, we celebrate her achievements and encourage everyone to explore the boundless possibilities within the insurance sector. Connect with Nyasha and join her in making a meaningful impact in the industry and beyond.