NATIONAL INSURANCE ACADEMY

PUNE

 

P709- SPECIAL PROGRAMME FOR YOUNG EXECUTIVES (Life)

(2022-23)

 Background:

 The Life Insurance Industry in India has been undergoing continuous changes during the last decade. With the customer demands ever increasing, the 24 life insurance companies are transforming themselves and conducting their business and operations on digital platforms. The industry is speedily adopting InsurTech, Data Analytics and Artificial Intelligence. With these disruptive initiatives business dynamics in the insurance industry is undergoing a paradigm shift.

 The officers and the future managers and leaders need to be aware of such disruptions and prepare themselves for these. This Special Executive Program is intended to update the developments of the industry to the young officers and prepare them for these changes.

 Objectives:

   Latest developments in the Life Insurance Industry

  Preparing the executives for the changes

  Marketing Strategies for the new generation

  Enable executives to prepare their teams for the changes.

  Innovation and Leadership

 Contents:

   Economic Scenario & Financial Markets

  Demography & Life Insurance

  Life Insurance Marketing & Marketing Strategies

  Emerging trends in Insurance-globally and in the country

  Social Media Marketing

  Risk Management and ERM

  Business Ethics

  Brand Management & Marketing Communication

  Life Insurance Product Design & Pricing/ Solvency Issues

  Customer Expectation Management

  Personal Effectiveness & Business Etiquette

  Decision Making & Problem solving

  Negotiation Skills

  Creativity & Innovation

  Data Analytics Communication Workshop

  Life Fund & its` Management/Solvency requiremnts

  Market Survey/Research Methodology

  Project work during training period & presentation

  P&GS

  Insurance Frauds

  Cyber Risks, trends & Management

 Out bound learning experiential learning sessions -----2 days

 Participants Profile-

         All Assistant Administrative Officers (DRs and promoted) with 3 5 years experience.

         The Officers to be nominated by the respective HRD Department of Zonal Offices & Central office.

 Duration:  2 weeks

Dates:

       I.            18.04.2022 - 29.04.2022

    II.            06.06.2022-17.06.2022