PUNE
P709- SPECIAL PROGRAMME FOR YOUNG EXECUTIVES (For AAOs) (LIC)
(2023-24)
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
InsureTech, 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:
Ø
Latest developments in the Life Insurance Industry
Ø
Preparing the executives for the changes
Ø
Marketing Strategies for the new generation
Ø
Enable executives to prepare their teams for the changes.
Ø
Innovation and Leadership
Contents:
Ø
Economic Scenario & Financial Markets
Ø
Demography & Life Insurance
Ø
Life Insurance Marketing & Marketing Strategies
Ø
Emerging trends in Insurance-globally and in the country
Ø
Social Media Marketing
Ø
Risk Management and ERM
Ø
Business Ethics
Ø
Brand Management & Marketing Communication
Ø
Life Insurance Product Design & Pricing/ Solvency Issues
Ø
Customer Expectation Management
Ø
Personal Effectiveness & Business Etiquette
Ø
Decision Making & Problem solving.
Ø
Negotiation Skills
Ø
Creativity & Innovation
Ø
Data Analytics Communication Workshop
Ø
Life Fund & its` Management/Solvency requirements
Ø
Market Survey/Research Methodology
Ø
Project work during training period & presentation
Ø
P&GS
Ø
Insurance
Frauds
Ø
Cyber
Risks, trends & Management
Out bound learning –experiential learning
sessions -----2 days
·
All Confirmed
Assistant Administrative Officers (DRs and promoted) with age group 40-50.
·
They
should not have attended P014 or P709 earlier
·
The Officers to be nominated
by the respective HRD Department of Zonal Offices & Central office.
Duration: 12 days
Dates:
I.
17.04.2023-28.04.2023
II.
09.10.2023-20.10.2023
III.
11.12.2023-22.12.2023
IV.
26.02.2024-08.03.2024