INSURANCE AS A CAREER

The emerging scenario requires Insurance Professionals with deep knowledge and skills in Insurance Management, Risk Management, Investment management, Insurance Marketing, Claims Management, Underwriting, Actuarial Sciences, Re-insurance, Product Development, Loss Adjustment etc., and promises to provide unending opportunities to successful careers.

Actuarial. Students with strong Mathematics, Statistics and Finance background are suitable. Job involves product development, premia fixation and product review.

Underwriting.. To understand and estimate the market risk exposures.

Marketing.. For promoting and selling the products, including understanding the distribution mechanism and competition, Market Research etc.,

Investment Professionals.. To find profitable avenues for investment of premiums collected and surplus generated.

Insurance Surveyors.. To assess the loss/ damages of insured property. Many independent professionals are finding this a lucrative option.

Insurance Broking.. A number of insurance broking firms have come up in the liberalized environment - a good source of business.

Bancassurance. Banks dealing in insurance products. Already 12 banks have forayed into this lucrative area.

M.I.S/ Operations..Insurance knowledge coupled with Good computer skills promises jobs in operations and back office operations in Insurance companies and BPOs.

Domain Specialists.. Software companies and BPOs are in urgent need of people with rich insurance knowledge to facilitate development of software packages and content development useful for easy functioning and processing of insurance businesses.

The previous students of IIIF are working in:

     v      AMP Sanmar Life Insurance

v      Bima Online

v      Birla Sun Life Insurance

v      Computer Sciences Corporation

v      Contanium Solutions – Bank of America

v      Family Health Plan

v      HDFC Chubb General Insurance

v      ICICI Prudential Life Insurance

v      India Insure

v      ING Vysya Life Insurance

v      Medi Assist India

v      Om Kotak Mahindra Life Insurance

v      Process Mind Technologies

v      Reliance General Insurance

v      Royal Sundaram General Insurance

v      Strategic Insurance Services

v      Visista Risk Management Consultants