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Infact general insurance is quiet a tecnical and absorbing line.We do not have a
monotonous job and one can have great oppournities to prove their
credentials.On moving to higher scales,your social status will keep on growing
and you may have to work with the amazing people which you may not have
ever imagined
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Anonymous
Answered Jan 29, 2016
Other than that, one can switch to Private companies but it's advisable only
when your insurance knowledge is very strong and you are a champion of at
least one department. In private companies, you can expect quick increase in
salary and also join good global companies provided you have a zest to do all
these.
Otherwise, apart from the above, life depends on which type of office you are
working in. There is one head office, GM office, Corporate office, Investment
Office, Regional Offices, Divisional Offices, Branch Offices, BCs MHs etc.
Now coming to the point of higher education :- there is no sabbatical leave i.e.,
you would need to leave the company if you take admission in a college for your
further education and also pay the bond.
Switching to other central or private Job is also possible.
The answer given above is a generalised answer and is not specific for the
question itself doesn't ask anything beyond that.
******************************************************************************
Q3 ''1 - What will happen to the four public sector general insurance companies
once the government kicks the disinvestment plans on ?''
So, nothing as such a change in your company you will see as far as it's only
disinvestment and NOT privatisation.
Q4 ''2 - What are the chances of governement comes with the plan of merging all
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these four companies ? What are the consequences ?''
Ans : Chances are very less. They were all one company once upon a time, and
have been divided into four companies because of some reason which you will
know once you know or read about the history of Insurance sector in India.
Q5 ''3 - Is shifting to private sector is possible with much better pay and
allowances after working in Public sector for 4-5 years ?''
Advice:
are Interested
have not been able to find other job (still in my opinion , AO> PO)
DO NOT join if
1. You still have other options available ( CAT, UPSC, RBI, GATE, and
other exams relevant to your field or the field you like)
Download at peopledatalabs.com
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