NATIONAL INSURANCE ACADEMY

PUNE

 

P709 - SPECIAL PROGRAMME FOR YOUNG EXECUTIVES (LIC)

(2025 - 26)

 

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

§  LIC Post IPO – Challenges & Opportunities

§  Digital & Social Media Marketing

§  Overview of ERM

§  Solvency Margin

§  Business Ethics

§  Brand Management & Marketing Communication

§  Customer Expectation Management

§  Personal Effectiveness & Business Etiquette

§  Decision Making & Problem solving.

§  Negotiation Skills

§  Creativity & Innovation

§  Data Analytics

§  Communication Workshop

§  Life Fund & its` Management

§  Group/Syndicate work

§  Overview of P & G S

§  Data & Digital Security

§  Non-Par Products/Health Insurance

§  Insurance Frauds

§  Cyber Risks, trends & Management

§  MS Excel Hands-on

 

Out bound learning: experiential learning sessions - 2 days

 

Participants Profile:

 

§  All Administrative Officers and Confirmed Assistant Administrative Officers (DR and Promotee Officers) in the 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.

 

Trainees nominated for this programme in the last two years should not be renominated.

 

Duration: 12 days

 

Dates:            

          I.     21.04.2025 - 30.04.2025          

       II.     02.06.2025 - 13.06.2025          

    III.     08.09.2025 - 19.09.2025          

    IV.     27.10.2025 - 07.11.2025          

       V.     08.12.2025 - 19.12.2025          

    VI.     16.02.2026 - 27.02.2026