The liberalization of the Indian sector of insurance opens up employment opportunities than ever before.

And on the care of youth responsibility, that jobs in this sector, demand management institutions across the country, appear to be aimed - hone help them develop their skills, knowledge base and get ready for the challenges.

As soon as the regulation of insurance and Development Authority (IRDA) Bill was passed to make room for private insurance companies on the Indian market, more than 30 companies of their interest in entering the market.

A few years later, the direction of the sector very promising insofar as employment opportunities are concerned. The sector generates employment opportunities for specialists in marketing, finance experts, human resource professionals, systems professionals in the advertising and promotion of human rights.

Says PK Mohanty, head, Koustuv Business School in the city,”Currently, most institutes are focusing on insurance, banking and retailing.

Given that the main sectors in which the requirement of manpower is the biggest part in the coming years, they are always looking for the best trained people for their business.”

The process has already begun, with some insurance companies, cooperation with institutes of management courses for the introduction of the insurance management.

Icici Prudential, in collaboration with Xavier’s Institute of Management, Bhubaneswar (XIMB) is opening a 10 - month-PG program in the areas of management and insurance from mid-October. The company also closely linked to other institutions throughout the country as XLRI, IILM and Chennai Business School, to name a few.

According to some sources, in XIMB, the course includes 21 modules, whose outcome, candidates are absorbed by Prudential Icici. But students have opted for the company.