ICICI Prudential Life Insurance recently announced the launch of a six-months Certification Programme called PGPMI. It is a full-time specialised management course focusing on the insurance industry. The company has inked exclusive partnerships with 10 leading business schools. Those who complete the course are absorbed in ICICI Prudential Life in the functions of sales and distribution.

The course is divided into three subjects — general management, insurance management and personality development. Graduates in any discipline with 50 per cent marks are eligible. Graduates of the 2006/2007 batch with 50 per cent marks or above, with less than 20 months of work experience and life insurance advisors less than 30 years as well as engineers can also apply.

Three passport-size colour photographs, copy of the mark sheet of graduation, 12th and 10th class and additional certificates such as AIMS Test for Management Admissions (ATMA) scores, if any, are also required apart from an identity proof. The course fee is Rs. 60,000 and this excludes hostel and food expenses.

A candidate has to sit for written test, group discussion and interview.

Significant gap

ICICI Prudential Life has exclusive partnerships with Indian Institute of Management, Calcutta (IIM-C) and Xavier Labour & Research Institute, Jamshedpur (XLRI) for an Executive Programme in Management & Insurance (EPMI).

“In a people-intensive sector such as life insurance, the key to sustainable growth will be to develop a pool of high quality insurance professionals. We have identified a significant gap between the demand and supply of skilled professionals in the industry. We realised that an enhanced programme with the dual benefit of a relevant and comprehensive curriculum would provide fresh graduates a chance to be industry-ready in just six months. In addition, the profile, compensation and career opportunities represented by PGPMI are extremely lucrative with assured job offer on successful completion of the course,” says Judhajit Das, Chief-Human Resources, ICICI Prudential Life Insurance.

Institutions offering this course:

Chennai Business School centres in Chennai, Bangalore, Bhubaneshwar, Mumbai.

IILM: Gurgaon and Jaipur

ISBM: Pune, Kolkata, Bangalore, Delhi

CT Group: Jalandhar

SIESCOMS: Navi Mumbai

IME: Pune

Manipal University: Manipal, Chennai, Lucknow

BIT-MESHRA: Ranchi

XISS: Ranchi

BINDU GOPAL RAO