CAREER DESCRIPTION
Insurance has been defined as a system whereby individuals, companies and institutions pay into a common fund, out of which the losses of individuals, companies and institutions arising from various causes, are covered. Experts in insurance business are called insurers. Insurance is designed to protect the financial well being of an individual, company or other entity in the case of unexpected loss. Different kinds of insurance help protect one and one’s loved ones in different ways against the cost of accidents, illness, disability, and death.
SKILLS REQUIREMENT
Success in insurance career requires some skills which are:
Good communication skill Negotiation skill Problem solving skill Good numerate abilities Self confidence and outgoing personalityTRAINING REQUIREMENT
The minimum academic training requirement for success in insurance career is a university degree preferably in insurance discipline. Membership of an insurance professional body is also important.
EMPLOYMENT OPPORTUNITIES
An insurance graduate or anyone careering in insurance can work in any insurance company. Being an insurance broker is also a good option. Lecturing in tertiary institutions can also be explored.
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