Once upon a time insurance was only life insurance! Under the current circumstances, health insurance, auto insurance, travel insurance, home insurance. Various insurance policies are coming to the fore. In recent times, insurance companies have come up with different insurance policies. Demand for this specialty has grown significantly as a result of increasing competition among companies. Public Sector Insurance Company. New India Assurance Company has recently issued a notification for the replacement of 300 AO posts. In this context .. Career opportunities in the insurance sector, qualifications for the respective jobs, a special article on the selection process
The insurance sector in the country is expanding rapidly. Many companies are being formed in the public and private sectors. The management of operations in this field is somewhat different. As a result, insurance companies are facing a shortage of professionals. If you have the appropriate qualifications and skills, you can get an annual salary of Rs 3 lakh to Rs 5 lakh from the beginning in the insurance sector.
Courses – Qualifications
Admission to Diploma and Degree Level Insurance courses with ► Intermediate / 10 + 2 qualification. After that, they can also study PG courses.
Actuarial science courses are available for students interested in the field of insurance. Inter passers can join Actuarial Science courses offered by the Institute of Actuaries of India (IAI). Admission is by qualifying in the Actual Common Entrance Test (Asset).
At the undergraduate level, there is an opportunity to join BBA, BCom, BA in Insurance Management courses.
At the post-graduation level, MBA, MA, M.Com in Insurance Management courses will be studied.
In addition, Emcee offers courses in Actuarial Science, PG Diploma in Certified Risk and Insurance Management, PG Diploma in Insurance and Risk Management, PG Diploma in Management and Insurance.
Skills
Those who want to excel in the field of insurance should have a grasp of mathematics and statistics. Must have communication skills, leadership qualities, teamwork, timeliness, persuasive skills to impress others.
Employment opportunities
Job and employment opportunities for professionals in the insurance sector are scarce. You can own stocks at companies like Life Insurance, General Insurance, Health Insurance, Mutual Funds. They can get jobs as administrative officers, insurance executives, insurance surveyors, actuaries, micro insurance agents, and underwriters.
Measuring companies
Life Insurance Corporation (LIC), General Insurance Corporation, Kotak Mahindra, ICICI Prudential, Birla Sun Life, Tata, Reliance, Bajaj, HDFC Standard, Life Insurance, Max Life, etc.
300 Administrative Officer Posts
New India Assurance Company Limited, an insurance company owned by the Government of India, has recently issued an advertisement for the recruitment of 300 Administrative Officer (AO) posts. Candidates who have passed in any degree can compete for these jobs. Those interested can apply online by September 21.
Selection procedure
Candidates for AO posts are selected through Preliminary, Main, and Interviews. The test is similar to the entire IBPS. Candidates preparing for bank exams can benefit by applying for these posts.
Preliminary examination
The test is administered in the form of an Objective for 100 marks in the online mode. There are questions from all three sections. Questions are asked for the English Language – 30 marks, Reasoning – Ability – 35 marks, and Quantitative Aptitude – 35 marks. The test time is 60 minutes. Eligible candidates will be selected for the main examination. Depending on the number of posts, 15 times as many people are allowed into Maine.
Main test
This test is objective and descriptive. The objective test is for 200 marks and the descriptive test is for 30 marks. Both the tests are conducted online.
The Main Objective exam consists of four sections. Test of Reasoning – 50 marks, Test of English Language – 50 marks, Test of General Awareness – 50 marks, Test of Quantitative Aptitude – 50 marks. The test time is two and a half hours. Only the descriptive test papers of the candidates who have qualified in the objective type test will be evaluated.
Letter writing is for ten marks and Essay is for 20 marks to test English proficiency in the examination which is held in 30 marks in the descriptive method. Only those who have shown talent in Maine will be called for an interview.
Important dates
► Application Procedure: Apply online.
Last date for online applications: September 21, 2021.
Preliminary Exam Date: October 2021
Main Exam Date: November 2021
Website: www.newindia.co.in/portal
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