The Insurance sector is quite broad. Establishing a specific career early in the Insurance sector will give you adequate headway. Most insurance companies hire laterally in almost all functions and therefore, the field is wide open. You can start your career in the Insurance sector as a claims examiner, insurance underwriter, sales agent, and claims adjuster. What is important here, is to position yourself well for a role where you can convince the hirer to ‘create value’ for the enterprise. A good blend of experience, skill set, communication skills, energy, positivity and culture compatibility will help.
Here we bring you an interesting chat of the High-Tea session conducted by TimesJobs on ‘How to kickstart a career in Insurance industry’, discover how you can strengthen your career in this field.
In a chat session, Shailesh Singh, Senior Director and Chief People Officer, Max Life Insurance said, “Insurance business, particularly, agency channel is a ‘relationship oriented’ business. People generally buy insurance from the people they find trustworthy and knowledgeable. Therefore, enhance your knowledge of the Insurance sector, products and selling skills to reach out to your prospects and sell insurance.”
On being asked if a Life Science professional needs to start a career in the Insurance industry then what will be the process and scope for it. Answering this question, Shailesh said, “While there may not be an immediate/ exact fit for a Life science professional in the Insurance sector, this background can be helpful in roles that assist in underwriting policies and settling insurance claims.”
According to Ashish, an insurance Agent is required to sell insurance products. To discharge this responsibility effectively, one should understand the needs of the client and structure/ variety/ features of products offered by the Company. Also, the agent must be able to explore/ generate prospects and be able to match/sell suitable products based on compatibility of the products to client requirements. There may be a need for service requirements post-sale as well.”