Career in Insurance: Guaranteeing A Lifetime Of Happiness Even In Your Bad Times

You need to be prepared for any situation life puts you in.

While you may have your savings for times like those, there is nothing better than an insurance to help you out.

Insurance companies have different policies for almost any kind of situation one could imagine. 

We tell you all you need to know about a career in insurance sector. 

Eligibility

You may take up a career in insurance right after graduation. However, there are a few aspects which allow you to take it up even after HSC. To enter the insurance sector right after twelfth you need to take the test conducted by Insurance Regulatory and Development Authority (IRDA) for HSC level. Though you have an option of joining this sector, right after high school, it is recommended that you finish college and then pursue a Master’s in Insurance Management to be thorough with the stream

Job prospects

Just like the need of Insurance, jobs in the insurance sector are increasing with every passing day. You may join the sector as an insurance agent, where your main responsibility would be selling insurance policies to people. Once done with your graduation, your profile would include sales, insurance underwriter or managerial.

Pay Package

As a fresher your salary would range in between 10,000 INR to 30,000 INR. Your raise depends on the number of policies you sell. If you have a Master’s on your plate, your salary could amount from 50,000 INR to 1,00,000 INR as well.

Pros and Cons

Pros: industry growth is on upsurge, several courses- distance and full time, good salary

Cons: selling skills is a must, initial struggle required, reliability of the organization you work for

A career in insurance sector is not very well known. While mentioning insurance all one can think of is about the agents. What most of the people don’t know is that the insurance sector is a good option to pursue after B.Com.

All you are required to have is good selling skills and friendly nature.