General Insurance as a career

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hiteshchauhan
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General Insurance as a career

Post by hiteshchauhan » 12 Oct 2017, 21:13

In order to enter the field of general Insurance as an Actuary which topics or skills should be my primary focus? How can I improve those skills ?

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JeffreyMiller
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Re: General Insurance as a career

Post by JeffreyMiller » 12 Oct 2017, 21:31

I would only be guessing, but I'll give it a shot.  General insurance appears to make greater use of statistics than life or health insurance.  Also, the legal structure of products is much more complicated, so a good understanding of the law as it affects the products is probably needed.  Finally, general insurance is generally "bought", while life and health insurance is more frequently "sold".  People are more likely to be proactive in buying general insurance and more reactive in buying life and health insurance.  Thus, the two markets have different nature.  Sorry I can't be more specific.
hiteshchauhan
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Re: General Insurance as a career

Post by hiteshchauhan » 12 Oct 2017, 21:43

Really helpful thank you sir

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