Introduction:
Introduction There was a time when insurance industry was tightly regulated, with just a handful of public sector insurers. Private players brought cachet and multiple job options to the otherwise drab sector. But till today, the homegrown LIC remains the largest entity in the life insurance segment. Together with banking services, insurance services add about 7 percent to the country’s GDP. Insurance has two sub-segments, Life Insurance and General Insurance
Insurance job profiles:
Insurance job profiles Apart from agents and advisors who require basic knowledge in insurance, finance and selling skills, the sector demands employees with specific skills. CAs and MBAs are involved in product development, management, marketing and asset management. Graduates and below join Claims Management, Operations and Sales functions. The administrative side has people with a flair for documentation, and IT professionals troubleshoot for IT-related glitches. Actuaries are highly skilled, and are responsible for product development and pricing.