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Management Level Compensation Packages

 
Indian insurance sector is growing at a fast pace and offering lucrative career options. Both private and public organizations offer part time and full time employment in the sector. Life Insurance Corporation of India, Birla Insurance, Max New York Insurance, ICICI Prudential, and Met Life Insurance are some of the leading organizations in the sector. Educational institutes are also coming up with certificate courses in insurance management. The course offers managerial positions and excellent growth perspective in the sector.


Excellent marketing skills and communications skills with appropriate experience level would help any individual to score well in the industry. Compensation package in the industry includes heavy perks and incentives part from basic salary structure and other special allowances. Most of the jobs in the sector are categorized in the retail and marketing segment.



Figure: Average Salary offered in Indian Insurance Sector for Managerial Level Positions
 


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