Opportunities & Potential for Career Development in Insurance Sector
There is immense potential in the Insurance sector in India and the number of people who wants to take up LIC agent jobs in Bangalore is constantly on the rise. On par with IT sector, even the Insurance sector is also growing a high boom and demand. The Insurance sector currently employs more than a million Agency professionals. 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!
Skill-sets The first and foremost skill required to excel in the industry is to be able to sell with a passion. Ability to communicate well in any preferred language and you should be able to give solution based Insurance products to your customers. Convincing skills, friendly personality and a warm tone will help you do better in this sector. Career options and 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. Cost of education If you are wondering how to become LIC advisor in Bangalore , you will find a number of institutions offering some great insurance courses. For those who want to get a diploma or degree in insurance, the cost is usually between Rs. 1 to 5 lakhs per year depending on the institution. You can also get a scholarship from the institution. For working professionals who want to pursue this degree or diploma, they have an option to get the funding from their company as well. You can also easily get an educational loan from a bank if you want to pursue an insurance-based course. With strong interpersonal skills, proficiency in the field and an additional college degree, you can scale exceptional new heights of success in the insurance sector. It is a rapidly growing industry with LIC agency, you can get an assured growth in your career and your professional life.