Any educational background as there are multiple career option avilable in any insurance company
By Sumit Kumar, Section Jobs And Careers
Posted on Wed Sep 10, 2008 at 02:41:38 AM EST
Head-HR, IDBI Fortis Insurance Co Ltd
What are the monetary returns for new entrants in this profession?
The industry is growing at an aggressive rate, which is leading to a strong demand for talent. Apart from interesting roles and better profiles, attractive packages have become important for creating a talent pool. Companies are developing innovative compensation structures with variable pay plans to ensure that performance plays a significant role in attracting talent.
Is the insurance sector the right place to be at the moment?
Opportunities in this sector are sector. While a lot of progress has been made since the sector's liberalisation less than a decade back, consensus is that the growth story will play out for many more years. With new players entering the market each year, the industry is definitely the place to be in.
Which traits work won der in this sector?
Those who are innovative and can think out of the box, enjoy a fast paced work-life, are excellent at relationship management and have great networking skills will be able to find a firm foothold in this industry High energy levels and the ability to adapt to a dynamic environment are also traits that will help individuals to rapidly scale the success ladder.
Your advice to people wishing to join the sector?
People who desire meteoric growth and are willing to put in the essential hard work that goes into climbing the corporate ladder at a rapid pace should look at this sector.
What is the best education path to the sector?
This sector has opportunities for people with any educational background as there are multiple career options in any insurance company New roles are con .
stantly being generated to meet the evolving market dynamics and changing customer demands.
Source: HT's Horizons, Sep-10-2008