Career in Insurance


 Insurance As Career: Basic Requirement

The basic eligibility for taking up insurance as a career is clearing an entrance exam conducted by Actuarial Society Of India, Mumbai. A license which is also required can be obtained by availing Licentiate, Associateship and Fellowship plus other training programmes for insurance services conducted by Insurance Institute Of India. The eligibility criteria for the varied posts in the Insurance industry are :

Administrative Officer (AO) & Assistant Administrative Officer (AAO)

Graduate/ Postgraduate candidates with minimum of 50% marks from a recognized university and age between 21 and 28 years are eligible

Development Officer

Selection is based on written tests in English and Mathematics and an interview. Graduates in any discipline between 21 and 26 years of age can apply for the post of Development Officer.

Insurance Agents

The minimum requirement is 10 + 2. Before joining as insurance agents, one needs to undergo 100 hours of classroom training by the respective Insurance company based on the syllabus laid down by IRDA.
The eligibility criterion for recruitment to both the LIC and GIC is the same. Those who have passed the Licentiate Examination of the Insurance Institute of India, will get preference in LIC and GIC recruitments.

Personal Skills

Personal Skills like sincerity, hard work, presence of mind, confidence, ability to persuade others and commitment for service towards the clients decide the growth of a person in the insurance field. Organizing skill, systematic approach, quick grasping ability, good communication skills and an analytical brain is beneficial for managers and officers

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