Career & Scope of Insurance Courses- Definition, Introduction, Benefits, Golden Tips & Required Skills
What is Insurance? Definition
Insurance is a type of agreement through which insurance company ensures to give compensation in case of any kind of loss like damage, disease, death or accident in return for payment of a fixed premium. In short its an agreement for the protection against all kinds of accidents in return of payment of a specified premium.
Insurance Definition, Courses, Career, Scope, Jobs, Benefits, Tips & Required Skills
Level of risk has increased a lot in all field of life. Insurance has become a necessity or necessary evil not only for individuals but also for corporate companies. Insurance is a branch of risk management as it reduces the element of risk in business and daily life. Majority of people are still not aware of the benefits of insurance, There is a great scope for talented and trained human resource in this field. Sky is the limit for you in this field. All unemployed persons should try their luck in this field until they get job in their preferred field. It will keep you in touch with the job market too. You may also learn many lessons about practical life and marketing field. Its a recommended field for working women too as they can convince the customers more easily. We recommend you to get professional qualification in this field too for brighter career. You may get job in insurance companies, banks, risk management department of financial companies and in the office of insurance ombudsman.
Required Skills & Tips
For success in the field of insurance you must have following three qualities
1-Strong verbal communication skills to convince the people of all fields of life.
2-You must be extrovert by nature as its a field profession where you will have to communicate with the people of different natures.
3-You must have strong will power to remain your self composed during the initial stage of your career.
4-You must have different sets of arguments for different kinds of people for convincing them to buy a policy.
5- You must have complete knowledge about all products of your company.
6-You must be able to compare your products with the products of your rival companies in the field to satisfy the customers.
7-You must be able to recognize the nature and weak points of your customer to decide that through which kind of arguments you can convince him.
8-You must be able to use internet and social media sites to get business.
9-You will also have to study the human psychology, advertising and marketing techniques.
10-You will have to move systematically in your career by making the list of your priorities.
11-You must have good public relations.
12-Self confidence and hard work are the keys to success in this field.
Insurance Courses & Degrees
MBA Insurance and Risk Management is the most recommended degree for you. Takaful, agents foundation course, PGD and surveying are the other recommended professional qualifications. Pakistan Institute offers all these courses in very reasonable fee. Don’t forget to visit studysolutions.pk and its facebook page for guidance about all kinds of financial courses.
How to File Online & Manual Complaint In Insurance Ombudsman Office
