Life insurance corporation of india

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Opportunities Potential For Career
Development in Insurance Sector

• Life insurance in India made its debut well over
  100 years ago.In our country, which is one of the
  most populated in the world, the prominence of
  insurance is not as widely understood, as it
  ought to be. What follows is an attempt to
  acquaint readers with some of the concepts of
  life insurance, with special reference to LIC.
• It should, however, be clearly understood that
  the following content is by no means an
  exhaustive description of the terms and
  conditions of an LIC policy or its benefits or
  privileges.For more details, please contact our
  branch or divisional office. Any LIC Agent will
  be glad to help you choose the life insurance
  plan to meet your needs and render policy
  servicing.

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Career 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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Career 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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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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How 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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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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Who can help you on How to Become LIC Agent ?
Contact Mr. Venkatesh Kumar who is successfully
serving LIC for more than 18 years now.
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. B. Venkatesh Kumar, (Development Officer at
LIC ) OFFICE No. 3, 4th Main Rd, United India
Colony, Kodambakkam, Chennai, Tamil Nadu 600024,
India MOB 91 9840791170
E-Mail info_at_venkateshkumar.com
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