Insurance Jobs in India 2016 2017 Insurance Sector Career Opportunities

Insurance Jobs in India 2016 2017

Due to liberalization of economy, Indian insurance industry has witnessed exceptional growth with participation of both public and private sectors. This sector not only provides a protection to our lives and assets but also generates thousands of insurance jobs and career opportunities for modern youths. The number of companies is increasing day by day in insurance sector. This increasing number of companies in this sector has resulted in competition which forced companies to innovate new products, better packaging and improved customer service.

How to be an Insurance Agent: Read More

These all changes simultaneously will lead into vast career opportunities into Insurance sector. There will be more insurance jobs in India in 2015 in this sector. In 2016 2017 and coming years, there will be great demand for Insurance jobs like advisors, marketing specialists, customer service representatives and human resource professionals in insurance sector. Today there are a large number of insurance jobs in India in 2016 in this sector in both the government and private insurance companies. Various career options in insurance sector are Administrative Officer/AO, Assistant, Development Officer/DO, Bank assurance executive, Actuary, Underwriter, Insurance surveyors and Insurance agents. The educational qualification required in the area of marketing and sales is at least graduation in any discipline. A candidate who has a degree can apply for the post of administrative officer while a 12th pass candidate can apply for the post assistant. Highly qualified professionals can make their career as an actuary. The actuary basically is a mathematician or statistician who observes data or statistics. Actuarial Society of India in Mumbai conducts these professional examinations. There are career opportunities in insurance sector for almost every candidate beside his educational background.

Latest Insurance Jobs 2016 2017

There are many institutes in India those offer specialized training and professional courses in the area of insurance and helps student to get insurance jobs in India. Some of the top institutes are Actuarial Society of India, Amity School of Insurance and Actuarial Science, Birla Institute of Management & Technology, College Of Insurance, Institute of Insurance & Risk Management, International Institute for Insurance and Finance, International School of Actuarial Sciences (ISAS), National Insurance Academy (NIA) and The ICFAI School of Finance and Management. Candidates can choose any course of their interest.

If you enjoy both problem solving and have strong people skills, an RMI degree can create excellent opportunities to get insurance jobs in India for creative work, professional recognition, financial reward, and public service. Graduates in risk management and insurance find a variety of career opportunities and insurance jobs in India open to them as risk analysts within the business community and government, as brokers/agents providing professional risk management counseling and market placement services for clients, as consultants and personal financial planners, and in the underwriting, marketing, claims adjusting, planning, governmental relations, and financial management activities of insurers.

Any Person after qualifying the minimum criteria laid down in the IRDA Act is eligible to be an insurance agent. The individual agent processes business in his own name and he can take agency for one life and one non life company. For taking an insurance agency the candidate must directly approach the insurance company where he wishes to join. The insurance companies will bear the cost of the training. On successful passing of the exam the person will be awarded a certificate, on basis of which he will get the license from insurance company to work as an insurance agent and procure business for the company. IRDA has issued guidelines for licensing of the insurance agents. www.irdaindia.org .
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