why insurance?

Insurance business in India is booming.

With the participation of private players as well as multinationals career opportunities in this sector has grown manifold. To embark in this field sound knowledge in mathematics, commerce, statistics, computers and English is desirable. Candidates are expected to have or to develop in-depth understanding of money, finance, market and insurance business. For the benefits of prospective career seekers in insurance industry our researchers at National Network of Education (NNE) have compiled here exclusive details.

Eligibility Criteria

Minimum educational qualification to join insurance sector is 10 or equivalent. You need to obtain License to work in this sector for which you need to appear in examination conducted by Insurance Institute of India. Actuary is one of the hot career options in the domains of insurance. Those who wish to work as an actuary needs to qualify in entrance exam conducted by Actuarial Society of India.

Work Opportunities

Work opportunities in insurance sector are enormous. Those who satisfy eligibility qualification works under following capacities in Insurance companies of India:

    • Administrative Officer
    • Assistant Administrative Officer
    • Business Development Officer
    • Insurance / Composite Agents
    • Insurance Surveyors
    • Actuaries
    • Insurance Underwriter
    • Investment Professionals

These are some indicative posts related to insurance business. However actual positions in an insurance company may vary.


Government Insurance Companies pays salary and other benefits according to regulatory boards. However those hopping employment in insurance sector may expect to start with 15K / 20K per month income and salary goes upward as soon one gets experience and promotions. Commission is one of the most important parts of this business. Employees receives commission along with benefits for performance in work. The better one perform, higher one gets commission and chances becomes even to go up in the corporate ladder. There is no looking back in this sector for those who can prove their worth. Actuaries are most respected professional in insurance sector. A fresher Actuary may start with an annual salary of approx 8 lac per year along with other benefits. Though, salary and perks increases with performance and promotions.according

Select Your Career from The Below List:


Wide variety of Automobile Insurance Covered. We have associated with multiple agency provider to cover your need


Your Building is covered under the insurance. Anything with damage or wear and tear out will be covered


All the insurance are under our Umbrella.Get more details on any variety of insurance coverage


Your health is important for us. We have pre-insurance diseases to post insured health issue. We guarantee that, your Health is our health


We have a wide range and varieties of Life Insurance from Children to Adult. Your family is covered for the future


Travel Insurance Covered for those who are traveling abroad. We take care you utmost to provide the best health benefit when you are abroad

Career as Insurance Agent

Insurance Agents represent an Insurance company to sell insurance policies to clients. They advise individuals or companies to select the right insurance protection policy as needed for life insurance, automobile, home and accident insurance .

About Insurance Agent :

    • Job Profile
    • Employment Opportunities
    • How do I get there?
    • Where to study?

Job Profile :

Insurance companies deal in 3 main areas: life insurance, health insurance, property and accident insurance.

Insurance Agents
An insurance agent is a person who has taken up agency for selling life insurance policies after training and certification. Insurance agents sell the three basic types of insurance : Life insurance, property-liability and health.

    • Help individuals or companies select the right policy for their needs
    • Plan for the financial security of individuals, families, and businesses, advise about insurance protection for an automobile, home, business, or other property
    • Prepare insurance policy documents for the client
    • Prepare reports and maintain records
    • Help a policy holder obtain settlement of an insurance claim

Skills Required

    • Ability to work with different people
    • Analytical approach
    • Sociable
    • Outgoing
    • Ability to sell a policy
    • Understanding people’s security related needs
    • Good general awareness
    • Articulate
    • Ability to convince

Employment Opportunities

    • Insurance companies which hire agents to sell policies to prospective clients.


70 Thousand to 8.47 Lakhs per annum

(Salary data sourced from PayScale.com)

Recruiting Companies

General Insurance Companies

Health Insurance Companies

Life Insurance Companies

How Do I Get There?


    • Std 10th, Std 12th and Graduation In Any subject
    • Selection Test Insurance Entrance Exam
    • Training Insurance company
    • Goal Insurance Advisor (Agent)

* On behalf of “Insurance Regulatory and Development Authority of India” Insurance Institute of India  conducts “pre recruitment test” (electronic mode) for insurance advisors.

Eligibility: 10th or equivalent examination conducted by any recognized Board/Institution, where the applicant resides in a place with a population of five thousand or more as per the last census, and a pass in 10th standard or equivalent examination from a recognized Board/Institution if the applicant resides in any other place. Must complete from an approved institution

      • 25 hrs. of training for license