CORPORATE CHAT
"Openings in insurance expanding fast"

INSURANCE is one of the fast expanding sectors in the country. With over a dozen multinational companies having launched their insurance products in India, the job opportunities in this field have grown. R.K. Sharma, a Development Officer with the LIC, shares his views on the prospects in the profession.

Insurance is one of the upcoming industries. Government policies have provided a new fillip to the insurance sector. More and more multinational insurance companies are setting up base in India, many in collaboration with domestic corporate houses. These include TATA AIG, Birla Sunlife, Maxwell India Ltd., ICICI Prudential Life and more.

Besides, the insurance industry is also planning to tap opportunities and expand in the rural sector also. This will create more business opportunities for the young.

There are different job openings in this sector. One can join as an insurance agent, development officer (DO), AAO or surveyor. A DO can reach the level of Senior Division Manager after a period. An AAO can rise to the post of Chairman of an insurance company-- the highest position in the sector.

One must be a go-getter and have good communication skills. A thorough knowledge of insurance products is essential and one should be able to market the company's products effectively.

Youngsters should come forward to join this profession. It is a paying field with expanding opportunites.