Friday, November 6, 2009

Jobs in Life Insurance Corporation of India (LIC)

Insurance Agents: Recruitment age — 22-35 years. Graduates are preferred.
Insurance Surveyor: You need to hold a license so you must have either a Fellowship or Associateship through the exam held by the Institute of Insurance Surveyors and Adjusters (IISA), Mumbai. Or a degree or diploma in architecture from a recognised University or Institute. Or you must hold a Fellowship or Associateship of the Institute of Chartered Accountants or Cost and Works Accountants. Or then even a degree or diploma from a recognised engineering institute or a degree or diploma in naval architecture.
Marketing and sales: Private insurance firms take in management graduates for the above posts.
Actuary: This involves analysing the financial consequences of risk. The job profile includes product design, policy pricing, asset liability management and also certifying the financial position of the company. You will have to use maths, stats and financial theory to study uncertain future events. Prospective candidate should take a course in Actuarial Science. This is a three-year degree course offered by some universities. There are also short term courses on offer. The highest qualification for a career in insurance is that of a Fellow of the Institute of Insurance, London.

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