Page 44 - Insurance Times July 2023

Recruiters Inc.). resulting in over 50,000 new risk throughout the domain. Some jobs also offer flexible
management jobs by 2029. The insurance industry is looking homeworking options. Some functionalities require the
towards young talent – the generation of digital savvy techies professional to be “in the field” meeting clients, inspecting
– to creatively use technology to solve problems and deliver facilities, and leading live projects.
risk solutions.
The remuneration is appealing good, compared to other
As risk and insurance professional, peoples Job titles may opportunities and comes with the promise of smooth career
include Risk Surveyor, Risk Management Adviser, Risk Analyst, progression. While RM&I occupations span across all
Insurer, Senior Risk Advisor, Claims Adjuster, Examiners, and businesses and sectorial brands, there are some skillsets and
Investigators, Loss Control Specialist, Risk Analyst, experiences that will help these career seekers to be effective
Underwriter etc. Apart from this, Risk and insurance in their occupations. Any post graduate, with competence to
accomplishments include a number of other activities that tangibly analyse data and information to form a big-picture
are common to many industries, such as data analytics, view, having In-depth knowledge of the industry, and who
accounting, information technology, marketing, customer can summarize comprehensive information to visualizetrends
service, and more. The industry employs many people in a and propensities and communicate effectively at a
variety of functional jobs. There is something for everyone in policymaking level are in demand. The aptitude to be
the risk and insurance industry. Some typical to this domain responsive and respond to rapid changing market environs
include careers in Actuary, Claims adjuster, Loss control are added advantage. Finally, to say the coronavirus
consultant, Financial risk manager etc. The work settings for pandemic has hurled the RM&I field into prominence almost
these professionals typically are working in office locations overnight and spurred boards to seek young experts.

Rs. 8,000 crore announced for disaster

management

nion Home Minister Amit Shah announced three Shah said that the National Disaster Management Authority
U major schemes worth over Rs 8,000 crore that (NDMA) has visited the states where seven nuclear power
would cover the modernisation of fire brigade
stations are being built and it has sent a strict protocol for these
services in all states, flood mitigation in seven major cities states to adopt so as to avert any incident of possible disaster.
and prevention of landslides in 17 states.
Shah warned that though the central government, along with
He was addressing a meeting of the ministers of disaster the states, has made a lot of achievements towards disaster
management of states and Union Territories in New Delhi. management, no one should be complacent because disasters
Shah also appealed to ensure there is zero loss of life due to keep constantly changing their nature and their intensity is
any disaster anywhere in the country. "For the increasing. "That is why we all have to keep expanding our
modernisation and expansion of fire brigade services, about preparations. Disaster management is not a new concept in
Rs 5,000 crore worth assistance will be given to all states. our country. There are documents on disaster management
We have prepared a detailed plan and will be forwarded to in Chanakya's 'Arthashastra' or in the works of state
you. To mitigate the danger of floods in urban areas, in seven administration of mythological times," he said.
major cities - Mumbai, Chennai, Kolkata, Bengaluru,
Ahmedabad, Hyderabad and Pune - Rs 2,500 crore will be Shah highlighted that one lakh youth volunteers are being
disbursed. Its detailed plan will be sent to you. To deal with trained to deal with calamities in 350 disaster-prone districts
landslides in 17 states, almost Rs 825 crore will be given by under the 'Aapda Mitra' scheme, which has yielded good
the central government," he said. results. (Source: Business Line)

The Insurance Times July 2023 39