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NIA - precious gem

KD
Kiran Dhumal
Overall Rating10
placement
10.0
college
10.0
course
10.0
internship
10.0
campus
10.0

Remarks :

As insurance sector is booming sector nowadays and there are a lot of opportunities in this sector as insurance company provides a lot of roles in the company from marketing, and HR to underwriting and claim processing. The campus of National Insurance Academy Pune is very good with 32 acres of lush green campus. During admission, there is a Group discussion followed by personal interviews in offline and online modes. Cutoff depends on category and admission is given based on CMAT, CAT, and XAT exams. For this round, I take advice from seniors and also take references from websites.

Course Curriculum Overview :

As the insurance sector is the most booming there are a lot of opportunities in this sector. Qualification of faculty is a Ph.D. in marketing, the insurance sector. The teaching method is also very good as they are from the insurance sector they provide practical knowledge from the insurance sector into the academic sector. Exams are taken in 6 semesters and the level of examination is medium to difficult level. The fee is about 953000 and it includes books also They provide books at this cost. The course curriculum is very excellent as there is an insurance lecture also with a touch of pure MBA. As there is a touch of marketing, HR, and organization.

Internships Opportunities :

I got an internship in Mahindra Insurance Brokers Limited Company with a stipend is about 35000 per month and this internship is about 2 months. For that internship, I got a Department of Motor Insurance Service Provider. A Motor Insurance Service Provider (MISP) acts as a bridge between car dealerships, insurance companies, and car owners, specifically about motor insurance policies. Here's a breakdown of their key responsibilities: **Distribution & Sales** * Recommend and sell motor insurance policies to car buyers at dealerships [IRDAI Guidelines on Motor Insurance Service Providers] * Explain different policy options, coverage details, and exclusions to customers * Help choose the right plan based on the car and the customer's needs **Servicing Existing Policies** * Assist policyholders with policy renewals * Facilitate changes or modifications to existing policies (add-ons, coverage adjustments) * Guide customers through the claim process in case of accidents

Placement Experience :

There is a 100 %placement offer provided. Eligibility is that students have to qualify for assessment tests taken by the college. There are a lot of recruiters which includes Mahindra Insurance Brokers Limited HDFC ERGO ICCLombard Jai Brokers Chubb Marsh Tata During internship, they provide stipends and the highest and lowest package is about 22 lakh and the lowest package is about 7 lakh.

Campus Life :

Life at National Insurance Academy Pune is very good as there are 32 acres of lush green campus. There are a lot of features that take place like Manthan - This is the biggest fest in National Insurance Academy Pune. In which there is a lot of competition which includes debate, parliament competition, stall, dance singing, treasure hunt, Roadies...etc. all this competition and in rewards there is cashback provided. There is sports week which includes a lot of games like kabaddi,kho kho, football, basketball, cricket, Carrom, chess...etc. There are a lot of committees which run by students under the guidance of professors. Hostel and food quality is also very good.

Report
April 3, 2024

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