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Insurance Chronicle Magazine:
A Study on Advisors Profile
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Insurance being a service with high intangibility, the role of intermediaries becomes necessary and important. Insurance products are also complex and requires proper explanation. In India, retail distribution is very strong and is done by individual agents/advisors.

 
 
 

People are the greatest assets of any organization and it begins with recruitment and selection of the personnel. Any organization which gives a fair share of attention to the recruitment and selection of its people is bound to get good returns. Recruitment and selection should be viewed in the wider context of the organization’s future. Taking a short-term and narrow view of recruitment and selection may serve the purpose of filling a vacancy, but it may not help the organization to develop and prosper. Therefore, an important strategic issue to consider is how the recruitment and selection activities can contribute to long-term business goals.


Candidate specification is an important step of the selection process. Candidate specification means listing the essential attributes that are required like an educational qualification,age, marital status, a level of competency, etc.Recruitment is the process of identifying and attracting potential candidates from outside organization for evaluating them for employment. Once the candidates are identified, an organization can begin the selection process. Organizations use these processes to increase the likelihood of hiring individuals who possess the right skills and abilities to be successful at their jobs. Retail distribution system is totally customer-oriented. The success of any retail distribution is directly related to the quality of manpower which is directly handling the customer. Prospective candidates should have problem solving ability, ability to take decisions, and should be creative. They should also have good analytical skills.

 
 
 

Insurance Chronicle Magazine, Insurance Products, Business Goals, Retail Distributions, Insurance Companies, Insurance Industry, Retail Distribution systems, Insurance Products, Corporate Distribution, Bancassurance, Crop Insurance Industry.