The opening up of insurance industry has created a lot of job opportunities in this sector. Various academic institutions have come up with several courses in insurance. training and coaching institutes have been coming up in the country at a pace that matches industry developments. This article talks about the career opportunities in the field of insurance.
Job
opportunities in insurance sector has hit the ceiling
in the recent past with the opening of insurance to
private players. In the coming decade this is bound
to go up exponentially with additional new entrants
coming into the field. If you are looking for a career,
insurance offers a wide spectrum of specializations.
Insurance is a service-oriented industry which needs
to be manned by technically competent staff. Every
insurer will endeavor to provide the best possible
services to their clients. A well satisfied customer
base will spread the goodwill message to other prospects,
and will eventually benefit the insurer. This is an
effective method of advertisement with less direct
costs. Liberalization has catapulted insurance as
one with a bright future with diversified careers.
At
present there are over 12 new entrants operating (with
the assistance of foreign multinational companies)
along with the Life Insurance Corporation and General
Insurance Corporation, New India, National, Oriental
and United India. The per capita insurance at present
in India is meager both in life and General Insurance
compared to advanced countries. Hence, the scope for
new business is bright in both the sectors and consequently
for job opportunities.
Today,
technical qualification is the best launch pad for
one fresh from school/college and it is the highway
to success. The power of education is such that disparities
in economic and social status will no longer be roadblocks
to success. It is not confined to helping one get
a satisfying job. It also helps build an alluring
career. Education is a never ending voyage of self
discovery and in the process the person emerges enriched.
While the selection of career is the individual's
choice it would help if the parents are fully involved
and assist grown-up boys and girls.
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