Insurance Jobs

Insurance Jobs in India is the emerging area in India and all over world. Insurance industry, with immense growth prospects, not only provide protective shield to the lives and assets of the nation but generate thousands of jobs and career opportunities for India. Jobs in insurance sector involve helping people and business manage risk to protect themselves from disaster and losses and to anticipate potential risk problems. Employment opportunities in this area are professionally and financially rewarding. In Insurance India jobs you need to understand clients insurance needs, explain their options to them and help them purchase appropriate insurance policies. You could work in a variety of areas in insurance including as an Insurance agent, Advisor, underwriter, sales agent, asset manager, Customer service executive or an actuary.

A theme that is constantly emphasized by insurance professionals is that the industry is ultimately about helping people when they need it the most. In this section you could find Insurance jobs in India on the basis of category as well as across many Indian cities.

This page concentrates on Insurance jobs in India. On this page, we endeavour to list the relevant Insurance job sites, indirect employment opportunities in Insurance as well as the Insurance job openings. Through these Insurance job sites, you can get to know about the various online job opportunities for banking & insurance. We have attempted to put on this page Insurance Jobs in Delhi, Mumbai, Kolkata, Bangalore, Pune Chennai, etc. for Insurance Agent jobs, Insurance Advisor jobs, Underwriter jobs, Risk Manager jobs, and many other opportunities.

Insurance Jobs in India is the emerging area in India

Insurance Jobs in India is the emerging area in India and all over world. Insurance industry, with immense growth prospects, not only provide protective shield to the lives and assets of the nation but generate thousands of jobs and career opportunities for India. Jobs in insurance sector involve helping people and business manage risk to protect themselves from disaster and losses and to anticipate potential risk problems. Employment opportunities in this area are professionally and financially rewarding. In Insurance India jobs you need to understand clients insurance needs, explain their options to them and help them purchase appropriate insurance policies. You could work in a variety of areas in insurance including as an Insurance agent, Advisor, underwriter, sales agent, asset manager, Customer service executive or an actuary.

A theme that is constantly emphasized by insurance professionals is that the industry is ultimately about helping people when they need it the most. In this section you could find Insurance jobs in India on the basis of category as well as across many Indian cities.

This page concentrates on Insurance jobs in India. On this page, we endeavour to list the relevant Insurance job sites, indirect employment opportunities in Insurance as well as the Insurance job openings. Through these Insurance job sites, you can get to know about the various online job opportunities for banking & insurance. We have attempted to put on this page Insurance Jobs in Delhi, Mumbai, Kolkata, Bangalore, Pune Chennai, etc. for Insurance Agent jobs, Insurance Advisor jobs, Underwriter jobs, Risk Manager jobs, and many other opportunities.

Insurance is such a wide area that there are numerous sectors that can be your career in insurance

There are so many insurance companies are in India that are hiring insurance professionals.Insurance job search can end up with the correct insurance agency and recruiters who deals in every kind or specific insurance vacancy. To do government job in insurance sector keep checking LIC and GIC job vacancies as these are the top agencies in this industry. Companies in abroad also demand for insurance job professionals from India as they have right mind set to do work. But you will have to clear their education and certification exam to start your career.

Top insurance recruiters in India are

* Fullerton India Credit Company Limited
* Sharekhan SSI
* Centurain Bank of Punjab

Insurance Jobs in India is the emerging area in India

Insurance Jobs in India is the emerging area in India and all over world. Insurance industry, with immense growth prospects, not only provide protective shield to the lives and assets of the nation but generate thousands of jobs and career opportunities for India. Jobs in insurance sector involve helping people and business manage risk to protect themselves from disaster and losses and to anticipate potential risk problems. Employment opportunities in this area are professionally and financially rewarding. In Insurance India jobs you need to understand clients insurance needs, explain their options to them and help them purchase appropriate insurance policies. You could work in a variety of areas in insurance including as an Insurance agent, Advisor, underwriter, sales agent, asset manager, Customer service executive or an actuary.

A theme that is constantly emphasized by insurance professionals is that the industry is ultimately about helping people when they need it the most. In this section you could find Insurance jobs in India on the basis of category as well as across many Indian cities.

This page concentrates on Insurance jobs in India. On this page, we endeavour to list the relevant Insurance job sites, indirect employment opportunities in Insurance as well as the Insurance job openings. Through these Insurance job sites, you can get to know about the various online job opportunities for banking & insurance. We have attempted to put on this page Insurance Jobs in Delhi, Mumbai, Kolkata, Bangalore, Pune Chennai, etc. for Insurance Agent jobs, Insurance Advisor jobs, Underwriter jobs, Risk Manager jobs, and many other o

Jobs in Insurance Companies

Jobs in insurance companies are lucrative options for all finance professionals in India. With 15-20 percent growth rate per annum and the entry of private companies, Jobs in India have become more demanding. A host of facilities including an attractive salary package, handsome incentives and steady career growth are offered by most of the insurance companies in India. Anyone who wants to go for a good job in the insurance sector can also pursue a course in management that will give him an edge in the job market.

Insurance management courses offered by several renowned institutes across the country cover the nitty-gritty related to the insurance sector so that students can get a clear idea of the sector and grab better positions in any insurance company after the completion of the courses. Anybody can opt for an insurance course after graduation. Some insurance management institutes in India conduct admission test while some other institutes select students for the course through CAT and MAT entrance tests. Working professionals can also opt for insurance management programmes as many institutes also offer correspondence and part-time courses.

As far as jobs in insurance companies are concerned, both national and international insurance companies are ruling the job market. Some of the big names in the insurance sector in India include Bajaj Allianz Life Insurance Company Limited, Birla Sun Life Insurance Company Limited, HDFC Standard Life Insurance Company Limited, Max New York Life Insurance Company Limited, Tata AIG Life Insurance Company Limited, Aviva Life Insurance Company Limited, SBI Life Insurance Company Limited and many more.

Anyone planning to make his or her career in insurance sector can apply for several positions. Some positions for which insurance companies mainly hire people are as follows:

• Insurance Advisor: Many insurance companies in India hire skilled professionals as insurance advisors. The job of an insurance advisor is to serve all the policyholders of a company. An insurance advisor is responsible for assisting policyholders to choose the best possible plans for them, enabling policyholders to understand various risks and find out the right way to avoid the risk.

• Insurance Associate: A finance professional interested in insurance jobs can also apply for the position of insurance associate. Generally, an insurance associate is responsible for achieving sales target, creating and maintaining relationship with customers, implementing various promotional schemes, just to name a few.

• Back Office Support: Any commerce graduate willing to start his or her career path in the insurance sector can opt for the position of back office support. A professional working as a back office support has to shoulder various responsibilities. He has to attend all the service related queries of customers, send the MIS report to the concerned authority, assist teams at the time of log and many others.

• Sales Development Manager: Sales development manager position in any insurance company is a great reward for finance professionals. The responsibilities attached to the position include identifying insurance agents and recruiting them, reviewing the performance of the team, providing training to his team, setting target, improving the productivity of his team and many more.

Jobs in insurance companies are lucrative options for all finance professionals in India. With 15-20 percent growth rate per annum and the entry of private companies, Jobs in India have become more demanding. A host of facilities including an attractive salary package, handsome incentives and steady career growth are offered by most of the insurance companies in India. Anyone who wants to go for a good job in the insurance sector can also pursue a course in management that will give him an edge in the job market.

Insurance management courses offered by several renowned institutes across the country cover the nitty-gritty related to the insurance sector so that students can get a clear idea of the sector and grab better positions in any insurance company after the completion of the courses. Anybody can opt for an insurance course after graduation. Some insurance management institutes in India conduct admission test while some other institutes select students for the course through CAT and MAT entrance tests. Working professionals can also opt for insurance management programmes as many institutes also offer correspondence and part-time courses.

As far as jobs in insurance companies are concerned, both national and international insurance companies are ruling the job market. Some of the big names in the insurance sector in India include Bajaj Allianz Life Insurance Company Limited, Birla Sun Life Insurance Company Limited, HDFC Standard Life Insurance Company Limited, Max New York Life Insurance Company Limited, Tata AIG Life Insurance Company Limited, Aviva Life Insurance Company Limited, SBI Life Insurance Company Limited and many more.

Anyone planning to make his or her career in insurance sector career in insurance sector can apply for several positions. Some positions for which insurance companies mainly hire people are as follows:

• Insurance Advisor: Many insurance companies in India hire skilled professionals as insurance advisors. The job of an insurance advisor is to serve all the policyholders of a company. An insurance advisor is responsible for assisting policyholders to choose the best possible plans for them, enabling policyholders to understand various risks and find out the right way to avoid the risk.

• Insurance Associate: A finance professional interested in insurance jobs can also apply for the position of insurance associate. Generally, an insurance associate is responsible for achieving sales target, creating and maintaining relationship with customers, implementing various promotional schemes, just to name a few.

• Back Office Support: Any commerce graduate willing to start his or her career path in the insurance sector can opt for the position of back office support. A professional working as a back office support has to shoulder various responsibilities. He has to attend all the service related queries of customers, send the MIS report to the concerned authority, assist teams at the time of log and many others.

• Sales Development Manager: Sales development manager position in any insurance company is a great reward for finance professionals. The responsibilities attached to the position include identifying insurance agents and recruiting them, reviewing the performance of the team, providing training to his team, setting target, improving the productivity of his team and many more.

Plethora Of Insurance Jobs In India

Jobs in insurance sector are emerging at a fast pace due to the growing demand of insurance policies across the country. This sector has widened its scope and reaches in last few years and is now reaping huge benefits.

Insurance jobs are available throughout all levels like executive, administrative and managerial and in all types of insurance

i.e. life insurance jobs, health insurance jobs, marine insurance jobs, fire insurance jobs, property and automobile insurance jobs and others.

Getting insured is an easiest and the safest way of avoiding a risk, it is the covering of risk from loss and damage or from the agents causing them. This risk could be on life, health, travel, automobiles, goods, properties from agents like accidents, thefts, fire, emergencies, etc. In financial terms, insurance is the coverage or a financial agreement between two parties called insurer and insured of which one undertakes to indemnify other's loss. Insurance companies reduce the risk of financial loss to both individuals and organisations in return of the payment of regular premiums.

There are wide options for those thinking to pursue a career in insurance. Some of the careers are of underwriters, insurance agents, insurance adjusters, insurance brokers, etc. in insurance sales that maybe life insurance, medical insurance, pet insurance, risk management insurance, state farm insurance, etc. To explain a little more:

• -Underwriters are the most important link between an insurance company
  
  and the insurance sales agent. They calculate the level of risk and the premium amount before writing the policies.
• -Insurance sales agents are the intermediaries who ensure that clients get the best cover for their lives, health and property. They may work exclusively for one insurance company or represent several companies by acting independently as brokers. They have to don the role of advisors to some extent and also help clients in submitting their claims after a loss.
• -Claims adjusters have a travelling job as they are required to visit the client's insured property and inspect the damage occurred. They are involved in processing the financial aspects of paying claims as the job title suggests.

In a financial or insurance company, a professional may take up an insurance job in any of the following departments:

1. Administration Department - One has to deal with the registry of claims.
2. Development Department – He/ She is involved in dealing with marketing and procurement of business, etc.
3. Accounts Department – One is required to deal with the management of funds and their disbursement.
4. Investment Department – He/ She is responsible for the investment of funds of insurance company.

As said earlier, there are many career options in Insurance companies for those with diverse skill sets. Some of them are:

Administrative support occupations including clerical jobs make for almost 40% of insurance-related jobs like:

1.) Insurance policy processing clerks.

2.) Secretaries.

3.) Adjustment clerks.

4.) Bookkeeping, accounting, and auditing clerks.

5.) Receptionists and information clerks.

6.) File clerks.

7.) General office clerks.

8.) Insurance claims clerks.

9.) Word processors and typists.

10.) Office and administrative support supervisors and managers.

The mainstream occupations at executive, administrative and managerial levels comprise of the following kind of jobs:

1.) Insurance adjusters, examiners, and investigators.

2.) Claims examiners, property and casualty insurance.

3.) Accountants and auditors.

4.) Financial managers.

5.) General Managers and top executives.

6.) Insurance underwriters.

Other Marketing, Sales and Technicians related support occupations include:

1.) Insurance sales careers.

2.) Marketing and sales worker supervisors.

3.) Computer systems analysts, engineers, and scientists.

4.) Computer programmers.

5.) Legal assistants and technicians, except clerical.

You may choose whichever profile suits you the best and become a part of the swiftly growing insurance industry.

Career Options as an insurance agent

The insurance job market is on full swing as it is one of the hottest career options of 2010. People today are financially aware about insurance, they have access to resources (read the Internet) which tell them how to make comparative analysis between various insurance products. This means, insurance companies by themselves have become very competitive, are looking for hiring the best talent that can give them a higher market share.

General insurance companies and life insurance companies recruit people who have the go-getter attitude and confidence to explain to people about their insurance products. Training is provided but it has always been seen that the text book approach has limited effect. The insurance agent has to be a people's person, give a plan that can work best for the customers.The plan should be so good that the prospect should get 70 percent idea from looking at the plan. The insurance agent can clarify and confirm a few additional questions that the prospect may have. So, it is very important that the insurance agent has a good knowledge of the plan he is selling, the inclusions, the coverage amount, investment returns (if any) the exclusions, disclaimers etc. The agent is paid a handsome salary and there are commissions for targets met or exceeded.

Life insurance companies employ freelancers, retired people, students and part-time professionals to work for them. People who are selected are given adequate training and company material which they can use while showing plans to people. Life insurance is basically a thing of trust and though people should go by rationalist thinking, our human nature makes us say 'yes' to people whom we trust. This is the reason life insurance companies ask freelancers to work for them, so that they can reach out to their near and dear ones and show them the insurance plan.

Of course, there are good number of perks and financial incentives. There are many people who have earned a sizeable amount of residual income which runs into more than five figure through life insurance, as freelance life insurance agents. The insurance agent's career can be lucrative and self-fulfilling. The field of insurance is such that an individual has unlimited earning potential, there is no capping of income, you can earn as much as you want to, if you are good at your job. For the person who is working in an insurance company, he can steadily climb the corporate ladder if he or she is good at the job. Also it is recommended to have an MBA or a financial degree, because that definitely helps you in getting a high position in the company. You can also take independent insurance agency jobs as a freelancer where you can work for multiple insurance companies as you are not officially employed by them. You definitely up your stakes to get higher income here.

Apart from this, the pleasure of being self employed as an independent insurance agent is quite satisfying. However there is a downside because you have too many insurance carriers in your hand, and you have to take that extra effort to get training and become abreast with the latest developments happening with every insurance company that you are working for. If you can do it, then nothing like it! An insurance agent can be expected to earn between $30,000 to $40000 in the start and then move to $40,000 to $70,000 mid-career with people having good amount of experience can earn more than $100,000