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:

 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 requiremnts

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

 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.  14.11.2022-25.11.2022

II.  05.12.2022- 16.12.2022