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Entry Level Compensation Packages

 
Insurance sector is at the growth stage recruiting more and more people in the industry. Organizations are providing most competitive packages to attract and retain the talent. Most of the jobs in the insurance sector are part time, providing the opportunity for the employees to earn extra apart from their regular income. The compensation is also performance based, depending upon the insurance amount and premiums.

Candidate who wishes to join the insurance sector has to complete a graduation degree. A PG diploma in insurance can get him/her position of agent or insurance advisor in some reputed organization.

Since most of the jobs offered in the sector are in the marketing segment, candidates with marketing skills would have better career prospects. Following are the key skill requirements for the job profile in the sector:

  • Excellent communication skills


  • Excellent marketing skills


  • Good interpersonal skills


  • Good public relations


  • Target-oriented approach


  • Analytical skills

Top players in the sector offers the following compensation packages at entry level:


Figure: Average salary (in lakhs) offered to entry level employees
 
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