Page 44 - Mousumi: Unbelievable Transformation

Financial Sector Services

Financial sector has seen tremendous growth and opening of huge opportunities
ever since the liberalization of the economy in the nineties. The financial sector
comprising of banks, insurance, mutual funds, company deposits etc. offer great
self-employment opportunities for those who are self-driven and other youth
having a preference for independent working with the flexibility of timings and
initiative-based reward environment. Two of the major financial services viz.
insurance and mutual funds are having great potential in today’s market
economy. Here we will discuss briefly of these services, particularly for those
who don’t like to be stuck in a 10 to 5 job with a fixed salary, small incentives
and minimum career advancement. Some of the pre-requisites of making a
success in insurance and mutual fund sector are as under.

a. Flair for social networking.
b. Perseverance and
persuasive skills.
c. Positive outlook.
d. Love for simple
calculations
e. Honesty and consistency.
f. Commitment to clients’
interest.
• It includes services including banking, insurance and investment in mutual funds
• It provides innumerable employment opportunities in both the government and
private organizations
• Life insurance corporation of India is India’s oldest and biggest insurance company
owned by the government which was formed after the merger of 145 insurance
companies

So you don’t require any deep knowledge and expertise of subjects like physics,
mathematics, history, economics or even commerce. If someone has passed
12th, is 18 years of age and clears simple professional test requiring only about a
10-15 days’ preparation in respective fields can work in this field. Additionally, a
basic investment like a laptop, visiting cards and mobile phone, is sufficient
enough to make an entry in either of these lucrative areas.
Let us now have a look on how to enter the insurance sector or the mutual funds
sector as an agent or advisor.
Insurance Sector

♦♦Career Mantra♦♦ Page 43