India Insurance Online

Insurance Education 

Insurance is a fast growing sector in liberalized business environment in India. It is offering immense  job opportunities in the executive cadre with high compensation package to the job seekers with professional qualifications in Insurance domain. In the financial sector particularly in Insurance maximum job vacancies are being notified regularly not only by Life and General insurance companies but also by banks and finance companies who look the insurance products important in their basket of over all financial products and services to serve the total financial needs of their customers.Job aspirants in insurance sector, therefore require to gain suitable qualifications in Insurance:Life and General for entry, added  value and career growth.

Please see link Career to know more about career opportunities available in Insurance sector.

Please see Links  and then the websites of insurance companies to know the present vacancies available there in.

Here is a list of some of the   courses on Insurance available in India.:-

Insurance Institute of India, Mumbai,Examinations:

These examinations, Diplomas are recognized by Government of India, Insurance Regulatory and Development Authority, Insurance companies in India and abroad. These qualifications are also recognized by similar institutes in U.K.,Canada and USA.

All details of the examination, dates of examination, places of examination, subjects, fees etc. are available in the web site of institute: www.insuranceinstituteofindia.com 

• (1)   Licentiate Examination This is basic course covering fundamental principles & practices of  Insurance in Life & Non-Life (Either) streams with Insurance Business Environment.
• (2)   Associateship Examination: Examination of this Diploma course in the specialized field of insurance is also conducted twice in a year in Life and Non-Life branches separately. It consists of six subjects. The persons who have passed the Licentiate examination can only appear in Associateship Diploma Examination.
• (3)   Fellowship Examination: This is the highest level Diploma examination conducted by institute separately in Life and Non-life branches twice in a year and consists of six subjects. The persons who have passed the Associate diploma can only appear in Fellowship examination.
• (4) CERTIFICATE COURSE ON FOUNDATIONS OF CASUALTY ACTUARIAL SCIENCE: This course deals with the basic fundamentals of General Insurance Actuarial techniques for scientific determination of premium rates.
• (5) SPECIALIZED DIPLOMA ON MARINE INSURANCE: This a specialized diploma in Marine Insurance. This deals with Marine coverages, underwriting, rating and claim aspects.
• (6) SPECIALISED DIPLOMA ON FIRE INSURANCE: This is a specialized diploma in Fire Insurance. This deals with Fire Coverages, Fire rating and Underwriting and Claim aspects o Fire Insurance.
• (7) SPECIALISED DIPLOMA ON CASUALTY ACTUARIAL SCIENCE: After completion of Certificate course on Foundation of Casualty Actuarial Science, a candidate is eligible to take this course.This course deals Basic Ratemaking and Estimating Unpaid Claims Using Basic Techniques in addition to subjects IC01, IC11, A-1 and A-2.

College of Insurance Mumbai (Insurance Institute of India)

The college of Insurance conducts short term insurance programmes through out the year.Details of the programmes are available on the website  www.insuranceinstituteofindia.com 

The College of Insurance, founded in 1966, is the training wing of the Insurance Institute of India. It is run by the Institute to cater to the training needs of Insurance personnel at different levels. The college has a full time Principal. The faculty consists of qualified and experienced officials of the Insurance Industry. Experts from outside the Insurance Industry are also invited as guest- faculty.

The College has been recognised by the Government of India as an institution for higher learning in insurance. The Government of India has been sponsoring candidates to the College from several Afro-Asian countries under Colombo and SCAAP plans. Admission  to the courses structured and organised by the College is through sponsorship only. Short term programs are conducted by college.For details please see the calendar of programs on the website www.insuranceinstituteofindia.com 

National Insurance Academy Pune 

NIA is a NAAC “A” rated academy, an international centre of excellence in insurance training, education and research. National Insurance Academy is founded by the Government of India Insurance undertakings like Life Insurance Corporation of India, General Insurance Corporation of India, National Insurance Co. Ltd., The New India Assurance Co. Ltd., The Oriental Insurance Co. Ltd., and United India Insurance Co. Ltd. with the support of Ministry of Finance in the year 1980. NIA also conducts various short term insurance programmes for the employees of insurance companies through out the year.Details of programmes are available on its website www.niapune.com 

MBA Program 

Master of Business Administration conducted by NIA’s School of Management Pune

and is a two year full time, AICTE approved residential program. The details of the program are available on its web site www.niasom.edu.in 

The Institute of Insurance and Risk Management (IIRM) Hyderabad

The Institute of Insurance and Risk Management (IIRM) Hyderabad is an international education and research organization. The Institute was set up jointly by the Insurance Regulatory and Development Authority (IRDA) of India and the State Government of Andhra Pradesh, in 2002. Following International Post Graduate Diploma Courses in Insurance and Risk Management are run by regular   & distance mode from the campus at Jubilee Hills Hyderabad. 

(1)The International Post Graduate Diploma in Life Insurance

(2)The International Post Graduate Diploma in General Insurance

(3)The International Post Graduate Diploma in Risk Management  

&

(4) Post Graduate Diploma in Actuarial Science (One year 3 months diploma) by regular mode  

 The details are available on institute’s website www.iirmworld.org.in 

Symbiosis centre for Distance Learning Pune 

SCDL is an approved distance learning institute by Distance Education Council Govt. of India.In insurance it has following program of one year duration:-

• Post Graduate Diploma in Insurance management (PGDIM)

             (Specialization: Life Insurance or General Insurance)

Details of the course are available on the institute’s website www.scdl.net 

National Law University (NLU) Jodhpur 

NLU offers following regular programs in Insurance

1.MBA (Insurance) Four semesters-2 years

2.Master of Science (Insurance) Three semesters-1½  years

Details of the courses and fees are available at university’s website

www.nlujodhpur.ac.in

Pondicherry University

(A Central University)

MBA ( Insurance Mangement)

Two year full time program

For details please login:

www.pondiuni.edu.in 

Online examination for General Insurance and Life Insurance   (IGIE Foundation Program) 

This is a IGIE ( Institute of Global Insurance Education www.igie.org ) foundation program administered by AICPCU/IIA. Registration for the program can be done either with Insurance Institute of India Mumbai or with National Insurance Academy Pune.The fees of  the examination is Rs.3000 (Rs. Three Thousands).After registration candidates are provided user id and password to access the online study material at the website of AICPCU. The candidate can appear either in Life Insurance or General Insurance at one time and both the streams can be covered in two sittings.The details of the online examination are available on following websites:

Insurance Institute of India Mumbai  www.insuranceinstituteofindia.com

National Insurance Academy Pune    www.niapune.com 

Birla Institute of Management Technology, Greater Noida 

Post Graduate Diploma in Insurance Business Management   (PGDM-IBM)    

Post Graduate Diploma in Insurance & Risk Management (PGDM-IBM)  conducted by Birla Institute of Management Technology Greater Noida, is a two year full-time program with 2 months of supervised internship.

The details of the program are available at Institute’s website www.bimtech.ac.in 

Alagappa University

Karaikudi-630003,Tamil Nadu

MBA (Banking & Insurance)

Alagappa University offers 2 years regular program

The details of the program are available at University’s website www.alagappauniversity.ac.in  

Amity University

Amity University offers following regular programs in Insurance

1. MBA (Insurance)

Two years regular program available at its Noida, Lucknow , Jaipur campuses

2. MBA (Insurance) Part  Time 

Three years at Noida

3. PG Diploma in Insurance management

One year at Noida

4. M.Sc.(Actuarial Science)

 Two years at  Noida     

The details of the programs are available at university’s website www.amity.edu  

Annamalai University 

Annamalai nagar-608002

PG Diploma in Banking & insurance:

One year by distance mode.

M.Com. (Banking & Insurance management)

Two years by distance mode

Details are available at University’s website www.annamalaiuniversity.ac.in