NATIONAL
INSURANCE ACADEMY
PUNE
P804- EMERGING CHALLENGES & OPPORTUNITIES.
(Program
for Divisional Manager cadre officers in the zone of promotion)
(2022-23)
LIC is holding a prime position in the history of
the Indian insurance industry. Its contribution to the Indian economy is
unparalleled. With a life fund above Rs. 33 trillion, it is one of the biggest
balance sheet of the nation. LIC continues to be great contributor to nation
building since its formation in 1956. During the last 65 years, LIC has been
serving the people of India with the noble motto of “Yogekshemam
Vahamyaham” – “your welfare is my responsibility”. The
corporation has been continuously moving forward with the visionary purpose of
spreading life insurance widely and reaching out to all the insurable population
in the country. The listing of LIC demands a paradigm change to the objectives
of the corporation that would include the goals like Profitability, Greater
Transparency and Satisfied Stakeholders/Shareholders etc.
The dynamic and complex nature of
the insurance sector in India would pose a constant challenge to cater to the
ever changing customer demands and to stay competitive. The challenges caused on
account of the disruptions caused by the COVID-19 pandemic and the listing of
the corporation has made the operational
landscape all the more different and challenging for the Corporation.
There is an imperative need to bring about a reorientation amongst the internal
stake holders to make them appreciate the importance of the situation from the
right perspective and ready themselves for the challenges ahead.
The Divisional Manager Cadre
officers of LIC play an extremely significant role in the hierarchy and the
performance of the corporation. They are in a position to influence their team
members to re-orient themselves towards the new and changed objectives of the
corporation. It is, in this context, quite imperative to empower the present
Divisional Managers, who are likely to take over as the leaders of Divisions or
Departments on promotion in the immediate future with skills to face the future
challenges & make the best of the avenues available.
It is on this back ground that
the Academy have curated a focused program for all those DM cadre officers who
are due for promotion in a year or two to address the most pressing issues
facing the Corporation today.
COURSE OBJECTIVES
The main objectives of this
program is to deliver the learning and development solutions the DMs would need
for a successful transformation. The curriculum has been conceived and designed
with the goals to bridge the gaps to understand and appreciate the different
dynamics of the changing environment that have emerged consequent to the listing
of the corporation. The primary objective would be to equip the DMs with the
skills and the knowledge that would enable them to: