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Can we do MBA in Insurance?
MBA in Insurance is usually a 2-year course. The fee for the course range from anywhere between Rs 80,000 to Rs 15,50,000. The course can also be pursued through distance education mode.
What to study to go into Insurance?
A bachelor degree in an appropriate field such as accounting, finance, law, economics, financial services, business science or business administration provides a good background for a career in underwriting. Much of the training takes place on the job through short courses and continuous professional education.
How to make career in Insurance sector?
You may join one of the popular Insurance companies as an Insurance Agent or a Sales Executive- Insurance. For this, you will need to clear the agent exam conducted by IRDA (Insurance Regulatory Authority of India). After working for a few years you can look forward to becoming an Insurance Manager.
What do you do at insurance companies?
They work in three general areas: property and casualty insurance; life insurance; and health insurance. Their goal is to help customers purchase a plan that suits their needs, whether it is a business who needs to insure against product liability or an individual who needs to cover a car against theft.
What are the highest paying insurance jobs?
High Paying Insurance Jobs
- Consulting Actuary. Salary range: $79,000-$208,000 per year.
- Pricing Actuary. Salary range: $97,500-$150,500 per year.
- Automotive Finance and Insurance Manager. Salary range: $94,500-$140,500 per year.
- Claims Director.
- Life Insurance Actuary.
- Underwriting Manager.
- Casualty Underwriter.
- Health Actuary.
Is an MBA valuable in insurance?
MBAs do have a place in the insurance industry, but we also value experience over pedigree. And there are many ways to gain valuable experience in our field. From mentorship to insurance designations to the continuing education requirements required of so many of us, we need to ask: is there a better way than the MBA?