About Discovery Limited
Discovery is a shared value insurance company whose purpose and ambition are achieved through a pioneering business model that incentivizes people to be healthier, and enhances and protects their lives. Its products and services provide the primary pathway for positive change at scale. Discovery supports this through strategic social investments, such as the Discovery Foundation and Discovery Fund, and strong systems of governance and accountability.
Discovery’s contribution is focused on health and healthcare, aligning directly with national and global imperatives for 2030. These include the National Development Plan and the United Nations’ call to action to ensure healthy lives and promote well-being, through the third Sustainable Development Goal, which has four focus areas with 11 commitments: Healthy Products and Services, Healthy Workforces, Healthy Communities, and Healthy Organization.
Discovery’s shared value insurance model delivers better health and value for clients, superior actuarial dynamics for the insurer, and a healthier society. Discovery’s unique approach has underpinned its success globally, with substantial new business growth and an impressive increase in normalized operating profit and headline earnings.
Discovery Limited was started up and initially established in 1992 as a small specialist risk insurer company with the support of Rand Merchant Bank. In the same year, Discovery Health launches the ground-breaking innovative Medical Savings Account, which puts clients in control of their day-to-day spending.
In 1997, the Discovery Vitality was launched. This is Discovery’s internationally recognized, scientifically proven wellness program. Two years later, Discovery was listed on the Johannesburg Securities Exchange, and on the following year, Discovery entered the life assurance industry and launched Discovery Life.
In 2002, Discovery Health launched the KeyCare Health Plans and entered the previously uninsured market – enabling people in this market to access affordable, quality healthcare.
Two years went by and Discovery entered the credit card market and launched DiscoveryCard, a VISA-based credit card that rewards members for being healthier. Also, earlier that year, Discovery Limited and Prudential plc entered the United Kingdom. They announced their joint venture and launched PruHealth, which offers protection products in the UK market, and was expanded in 2007.
The Discovery Foundation and the Discovery Foundation Awards were launched in 2006. The aim of the Discovery Foundation and Awards is to help support the South African government in addressing South Africa’s critical shortage of medical doctors and strengthen the nation’s healthcare sector. Through the Discovery Foundation Awards, Discovery Limited invests in the education of medical specialists.
Since 2009, Discovery has been expanding its operations outside South Africa. Throughout the past few years, the Organization had launched other subsidiaries such as Discovery Health Journalism Awards, HealthyFood by Discovery Vitality with PnP, Discovery Leadership Summit, Discovery Insure, and HealthID. By 2013, Discovery’s subsidiaries had become globally recognized.
Discovery’s main clients are large, and medium, and small-sized employers for health insurance, as well as individual clients who buy health and life insurance and investment products from Discovery. Through its repeatable business model, Discovery exports its intellectual property to other industries and markets, including the United Kingdom, the United States, China, Singapore, and Australia.
Discovery Graduate Program
Discovery offers graduate programs to young people who wish to change the world in an organization that aims to make 100 million people healthier. The Discovery Graduate Program consists of growth and development opportunities, where you will have the chance to hone your skills and implement theoretical knowledge that you receive during your studies at university.
Throughout the duration of the Discovery Graduate Program, you will be accompanied by a mentor who will introduce you to the workplace and give you guidance on what you will be doing throughout the program. The mentor will also pay close attention to your performance at Discovery, and evaluate your development, as well as give you constructive feedback.
Within the Discovery Graduate Program, you will receive leadership training. This can be beneficial to upgrade your leadership skill which can boost your chances in getting accepted to any workplace you wish to work in.
Besides gaining knowledge and upgrading new and existing skills, within the Discovery Graduate Program you will also benefit the access to a host of lifestyle facilities at Discovery’s 1DP HQ.
Apply for the Discovery Graduate Program
If you are an ambitious, self-motivated person with the ability to work independently as well as being part of a team, then you should consider joining Discovery on its graduate program.
In order to be eligible for the Discovery Graduate Program, you must meet all of the minimum requirements listed below:
- Be a South African citizen
- Be aged no younger than 25 and no older than 35
- Have completed Matric or Grade 12
- Hold a degree in a relevant field of study
- Own a driver’s license and a reliable car
- Have no criminal records
- Have clear credit record and not on debt review
- Able to communicate fluently in English
Start your application for the Discovery Graduate Program by visiting the Discovery’s Careers Portal. Search for available opportunities and click ‘Apply’ on the available position that you desire to work in.
Make sure to fill in all of the blank spaces for the required information on the online application form, and upload the required supporting documents which may include the following:
- Copy of valid South African identity document (ID)
- Complete curriculum vitae (CV) with updated contact details
- Certified copy of Matric or Grade 12 certificate
- Certified copy of Degree certificate and academic record / transcript
- Copy of valid driver’s license
Also, pay attention to the application closing date and make sure you apply for the Discovery Graduate Program in time. Late applications will not be considered. Successful applicants will be notified by the Discovery’s recruitment committee for further selection process. If you do not receive any feedback regarding your application, please consider your application as unsuccessful.
Applicants who pass the administration selection will be required to attend an interview. To succeed in this interview, here are 5 tips that you can follow:
- Research is key – make sure you know as much as you can about the organization and follow them on social media
- Find out who is interviewing you – it should be one less surprise
- Make sure you are early and that your phone is fully charged, and remember that body language is vital – give a firm handshake and hold good posture
- Prepare a cheat sheet or simple notes so that you can remember keywords. Ask questions so that you appear to be informed and curious about the organization
- Learn for the experience and make mental notes of what you did great and what you could do better
For more information, please visit the Discovery Graduate Program official web page.
