The career in insurance provide various job oppurtunities to candidates.The main area of work can be classified as follows:-

 

Administrative Officer (AO) and Assistant Administrative Officer (AAO)

The jobs initiates with probation-cum-training which lasts for 6 months where the candidate is placed anywhere in the country.They are placed into LIC and GIC. Administration AAOs job include handling policies in which policy claims up to certain limit, checking clauses and details, filing official returns and statements to higher regional offices etc. The Development AAOs has to procure business, meet prospective clients, promote the policies and procure contracts. The Accounts AAOs deals with managing funds including incomes and expenses of the corporation.

 

Development Officer

These officer has to develop the insurance policies. The work profile of the development officer includes recruitment of agents, training them for procurement of new business and servicing of the existing policies.

 

Insurance/ Composite Agents

Insurance agents have to take up an agency from the insurance company to sell their policy on a commission basis. They work with the development officer in the insurance Company and the credit for the policy of the insurance agents goes to the development officers within the organization.

Insurance Underwriter

Underwriters reviews the insurance applications and decides whether they should be accepted or rejected. They explain policies and quotes rates to medical personnel, other insurance companies or field representatives. Candidates with medical or life science background are preferred for this job.