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I have done M.Com. and i am doing a P.G Diploma in Insurance Management. Can I apply for a job in the insurance companies?

Aryansh Jaiswal
created: 22nd Mar 2017 Last Modified: 27th Mar 2017
Conversations: 1

1 Comment

YoungBuzz Career Counsellor
created: 22nd Mar 2017 Last Modified: 22nd Mar 2017

If we look into manpower requirements of various insurance companies operating in India, there is no specific job in the insurance sector that fits your qualifications, i.e., M. Com and PG Diploma in Insurance Management. However, if we consider the profiles of various functions in an insurance company and the curriculum of a PG Diploma in Insurance Management, we can say that the closest fit could be in operations function. We are giving you a brief idea about the requirements of various jobs in insurance industry.

Actuary: Post graduate degree in Mathematics/Statistics with a Fellowship of Actuarial Society of India.

Underwriters: Preferably MBBS with a good background in medical practice.

Operations: Post Graduate in Management

Information technology: BE (Comm/ Electronics/ Electrical)/ MCA/ M. Sc Computer science / B. Sc computer science

Human Resources: Post-Graduate in Personnel Management/ MBA HR/MSW

Finance: Post graduation finance or Accounts/ CA/ ICWA/ MBA Finance

Marketing: Post Graduate/ Graduate/ MBA with specialization in Marketing.

Fund Management: MBA with Finance specialization

However, as the new companies in insurance industry has just started business, most of the companies look for people with good experience along with qualifications for all the above mentioned positions. For example, companies look for people with experience in back office processing in insurance or financial institutions to place in the operations department.

Other than the positions mentioned above, one can also get a job as an Insurance advisor. For this a graduation degree or even a higher secondary qualification is enough.

For getting a job, look for advertisements of insurance companies in appointment pages of leading newspapers.