Reasons why working in Insurance Company is Rewarding


    Every individual needs job security.
    However, not all jobs or industry gives you the desired security unless you do
    not work for an insurance company. There are many private and public insurance companies
    in India offering different job profiles and good benefits. Moreover, this is
    one such industry that allows you to work as an agent while you are in another
    company. Every other individual requires insurance- be it health or life. You
    can work as either an insurance agent or a full-time employee in the insurance
    company. Working in an insurance company like LIC offers a good career scope.
    Like if working as LIC ADO (Apprentice Department Officer), you will
    get a good package and pension post-retirement.

    Not just as ADO, LIC offers good job
    security to its employees. If you are confused about whether you should enter,
    the insurance company sector or not, below are the reasons why:

    Job for
    your Skills

    LIC is not just about selling
    insurance, but there are other areas too. For example, if you got a degree in
    social science, you can still work as an examiner, investigator or appraiser.
    Also, if you have good communication skills and empathy. You can also implement
    your creativity and problem-solving design to work in the insurance company’s
    loss control or risk manager.

    careers are sustainable:

    Insurance has a positive effect on
    the economy and contributes a vast amount for the GDP. There are more and more
    recruitments happening in the insurance company. From agent to additional
    insurance officer, insurance companies offer great career opportunities. The
    government backs many public based insurance companies, so there is no question
    of its closure.  Furthermore,
    post-retirement you will be receiving a long-term pension. The amount for the
    retirement completely depends on the position in which you got the retirement.

    Advancement in Insurance Company

    There is a good career advancement
    happening in the insurance companies. You can start your journey as an agent;
    then work in a higher position. In a public sector insurance company like
    Oriental Insurance, begin your journey as a clerk, with growing experience; you
    will get the post of general manager and officer. If you are working as OICL AO,
    you will enjoy a good package and other monetary benefits. There is good job

    Work Arrangement

    If you are working in an insurance
    company, especially in the public sector, you will have flexible work
    arrangements. However, there will be targets that an agent or officer has to
    fulfil in the given deadline. Many employers working as an agent also prefer
    working on the field or from home. They get a set target of selling insurance.
    Occasionally, you may be required to attend meetings at the office.

    Self-Employment opportunities

    One of the benefits of working for
    an insurance company is working as an insurance agent while working full-time.
    There are lakhs of independent agents who work for LIC or Oriental Insurance.
    For every insurance you sell, you get the commission from the company. The more
    you sell, the more you get the commission. This is certainly the best way to
    increase your extra income.

    in the Communication Skill

    When you are working for an
    insurance company, you are selling policies to people. You will need to have a
    good convincing power along with the communication skill. If you already have
    these two, you are certainly going to sell a good amount of policies. Moreover,
    you will also be getting the opportunity to work in a higher position.
    Furthermore, this skill will help you to meet different people. Many insurance
    sales agents spend good time meeting new people and work with sales teams on
    various subjects.

    working for an insurance company is highly beneficial in all senses. Every
    year, LIC and Oriental Insurance companies recruit thousands of aspirants to
    work with the company in different positions.

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