Title: Start Your Career With LIC as Insurance Agent/Insurance Advisor. Call @ +91 9845474003
1Make Your Career In Insurance Sector JOIN LIC as
Insurance Agent / Insurance Advisor
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2 Opportunities Potential For Career
Development in Insurance Sector
- There is immense potential in the insurance
sector in India and the number of LIC agent jobs
in Bangalore is constantly on the rise. After IT,
the insurance sector is probably the next
industry to witness such a high boom and demand. - The insurance sector currently employs more than
a million professionals and over 5 million people
work in the industry as advisors, agents,
consultants, underwriters, brokers, claim
settlers, sub-brokers and many more. - In the last few years, the insurance sector has
witnessed a growth of over 20. Those who are
looking for a career in an unconventional and
emerging industry, insurance is the perfect
direction for you!
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3Career Development Opportunities In
Insurance Sector in India
The article will review all aspects of insurance
sector and discuss
- Opportunities for Career Development
- Growth potential in Insurance Sector
- Changing Scenario of Insurance Sector
- Manpower Skill Sets Required by Insurance
Sector - Regulatory Changes in Insurance Sector
- New trends and Developments
- International Impacts
- Present Academic Scenario
- Available Educational Facilities
- Recent Educational Academic Developments
- Speed and growth cycles of career enhancement in
Insurance Sector - Salary Packages at Entry Levels, Middle Level and
Top Level - How to improve Employability and Skill Sets
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4Career Options Pay Packages In
the Industry
- Candidates can find a number of openings in the
sector and choose a profile as per their
skill-sets. - You can look for positions in marketing,
operations, distribution, and investment
departments in an insurance company. - For an entry-level, you can begin as a Management
Trainee, Insurance Analyst or Business Analyst. - The pay package is usually between Rs. 2 -5 lakhs
depending on your skills and the company you work
for. - You can find jobs in the private as well as
public sector insurance firms.
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5Growth Potential in Insurance Sector
in India
- Country has covered by life Insurance. The
penetration is as low as 0.9 in general
insurance. - Health Insurance has reached to merely 3 of the
population. - Health insurance is developing as separate branch
of Insurance. It is expected that the number of
health insurance companies will be equal to the
number of life insurance companies in near
future. Bancassurance is also developing as
Separate branch of Insurance. - India is becoming Insurance Hub of the world.
Giant insurance companies from across the globe
are outsourcing core insurance functions to
India. IT infrastructure in the country and new
generation Indian Talent are attracting world
insurance business for core functions for cost
effective solutions. Indian software companies
are leading in this race. Even BPO in Insurance.
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6 Changing Scenario in Insurance
Business in India
- Insurance was strictly dominated by Agents and
Development officers till 2000. - IRDA has opened up new distribution channels
such as Corporate Agent, Insurance Broker,
Bancassurance, Mallasurance, Online Sale of
Insurance, Direct Sale, etc. - The commission rates of insurance agents are
slowly getting downward trend. - The servicing of client is now taken care by
customer servicing department. - The Technology has now key role in policyholders
servicing and provides better knowledge and
expertise than agents. - Government is slowly removing the Income Tax
rebates from insurance policies. - It has already signaled the same and introduced
few provisions in current budget by restricting
the percentage of amount of premium with the sum
assured of any policy.
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7How to Become LIC Agent
- A candidate who is 18 years of age or above and
has successfully cleared his or her 12th standard
education and with the training and support
provided by LIC including the following skills
is eligible to become an agent. - Strong determination Self confidence
- Ambitious to start your own business
- Good communication skills
- Willingness to share
- Thirst for Knowledge
- Quest for Self-Improvement
- Eagerness to build relationships
- Smart working
- Positive attitude, Consistency Perseverance
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8 Success Tips for an LIC Agent
- If you are new in the industry of insurance, you
might be thinking about ways to achieve success
in this field. The procedure to become LIC agent
in Bangalore is quite simple and you can easily
get started as an agent. - We bring you some valuable tips from experts
which will help you stay on the right track - Planning is Everything
- Get Organized
- Face to Face Interactions
- Referrals go a Long Way
- Motivation Matters
-
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9Who can help you on How to Become LIC Agent ?
Contact Mr. Suresh Kumar who is successfully
serving LIC for more than 21 years now. Mr. S.
Suresh Kumar
Stop getting worried and get it touch with me to
begin as a LIC agent with a Endless growth in
your career.
Office Address
Mr. S. Suresh Kumar, (Development Officer at LIC
of since 1994) LIC OF INDIA OFFICE NO.4, Canara
Mutual BuildingP.O. Box RESIDENCY ROAD BRANCH
(614)RESIDENCY ROAD BANGALORE - 560025 MOBs
91 9845474003
E-Mail joinlicbangalore_at_gmail.com
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