Insurance is a hugely important and diverse industry. It influences just about every sector and subject area, underpinning everything from small companies to multinational organisations and even global economies. In Ireland, insurance employs over 28,000 people.
Life Assurance companies provide different types of life assurance and pension policies to meet clients’ financial needs. The roles assurance companies play include the drafting development and management of:
Life assurance companies also provide financial planning services for clients.
The General Insurance market consists of three main sectors: motor, household and travel insurance.
Motor: protects you as a motorist against liability in the event of an accident that you may cause.
Household: is made up of two parts, building insurance and contents insurance.
Travel: protects you from a wide range to risks when you travel. Some include: flight cancellation, emergency medical treatment, theft, lost passport and more.
The three areas that underpin the general insurance industry are Underwriting, Claims and Direct Customer Support. For more information on life assurance roles, visit www.lia.ie
Assistant Underwriter > Underwriter > Underwriting Manager
Accredited Product Adviser (APA)
or
BA (Hons) in Insurance Practice – Apprenticeship
Claims Handler > Team Leader > Claims Manager
Accredited Product Adviser (APA)
or
BA (Hons) in Insurance Practice – Apprenticeship
Customer Service Agent > Team Leader > Customer Service Manager
Accredited Product Adviser (APA)
or
BA (Hons) in Insurance Practice – Apprenticeship
There’s a world of opportunity in insurance. From evaluating risk to developing e-commerce solutions, there’s a role here for you.
Are you the ultimate people person? This is the job for you...
As an Insurance Broker, you’ll act as link between insurance companies and their customers. You’ll be an independent professional who gets to know your customers’ requirements and advise on the most suitable products to minimise risk. Faced with a vast choice of insurance companies and products of varying prices, your role is to act as an independent voice for their customer.
Is your attention to detail off the charts? Read on...
When you become an underwriter, you’ll evaluate risks and decide whether to provide insurance cover and on what basis. This is a fundamental role for any insurance company; if it’s carried out correctly the company will select the best risks at the right price, which will ultimately make profits for your company.
Have that Sherlock Holmes streak? Why not make a career out of it...
People buy insurance to protect them should things go wrong. If this happens, they have the right to make a claim. Insurance companies have special teams to assist their customer when making a claim. As a claims handler, you’ll get your detective hat on and investigate the event that led to the claim, decide the extent and validity of the claim and assist the claimant in minimising their loss.
Working in insurance can take you across the globe. Irish insurance qualifications are recognised in the UK, Canada, Australia and New Zealand, making working and travelling with your qualification all the easier. Begin your career in Ireland and who knows where you could end up?