Insurance Executives

Car Insurance

Motor Insurance

Minimum ? Bachelor?s Degree or Diploma in any discipline (preferably in Finance/Commerce)

Certified training for Finance, Insurance and Registration Coordinator (programme aligned to ASC/Q 1201 released by Automotive Skills Development Council)

Previous relevant work experience

The tasks a Finance, Insurance and Registration Coordinator is expected to perform include:

Handling the financing and insurance of the vehicle prior to its sale

Handling the registration process after the sale of the vehicle at the dealership

Managing the financing and insurance liaison with finance or insurance banks or NBFCs

Proficiency in planning and organizing work for timely insurance and registration

Ability to work effectively as part of a team

Skilled in liaising with banks and non-banking financial companies

Ability to develop incentive structures for sales people to cross-sell insurance and finance

Skilled in interacting with customers to solve their queries

Efficiency in guiding customers to select the right finance or insurance product

Efficiency in co-ordinating finance and insurance processes

Proficiency in the verification process of all documents related to the vehicle

Adept in completion of the registration process after the sale of the vehicle

Physically fit

Previous relevant work experience

Ability to work independently and in a team

Hardworking and persistent


Self-directed learner


Ability to negotiate


Good communication skills

It is a desk job

May need to handle a team of Assistants

Local travelling is not a part of this job role

Part-time work and contractual jobs maybe available

Work from home option is not available

Working hours

Working is 9 hours every day for 6 days a week

Overtime is common

Shift system maybe applicable

Is the job suitable for a candidate with special needs?No

One may develop occupational hazards like mental stress, mild discomfort in joints or muscles, etc.

For candidates with 5 years of experience -INR10,000 toINR16,000 per month

(These figures are indicative and subject to change)

Trends in the Indian Auto Insurance Industry

The general insurance scenario in India is quite competitive with some leading national and multinational companies having established their operations. The presence of multinational companies in India is by way of joint ventures with leading financial institutions and companies with a diversified line of business. There are approximately nine major participants in the general insurance sector that have a direct set-up in India, including four subsidiaries of the General Insurance Corporation of India. Some foreign companies sell their products in India through outsourced entities present in India.

Auto insurance policies marketed in India are third party (act only policy) and comprehensive (package) insurance policies. Both policies are significantly different in terms of entitled beneficiary, though the purpose served is the same: insuring. Under a comprehensive insurance, one protects his/her vehicle from all damages covered and as permissible under the specifications laid by IRDA (Insurance Regulatory and Development Authority). In the case of third party insurance, the person other than the vehicle owner, who is exposed to the risk of accident from such a vehicle being driven, is insured.

Comprehensive insurance policy and third party insurance policy, respectively, contribute 70 percent and 30 percent of the total gross premium revenues generated from motor vehicle insurance. Comprehensive insurance covers third party insurance as well. Hence, the revenue contribution of 30 percent generated from third party insurance includes third party insurance premium included in the comprehensive insurance premium. This means there will be an increase in job opportunities for Finance Insurance & Registration Coordinators.

Car dealerships

Service and auto parts centres

Car and automotive parts agencies

Cites across India

Will be updated

Delhi Degree College, Badarpur

International Council for Management Studies

Dhruva College of Management

MAEER's MIT School Business

Rajagiri Centre for Business Studies (A CMI Institution)

Karunya Nagar, Coimbatore, Tamil Nadu

Fortune Institute of International Business

Symbiosis Centre for Information Technology (SCIT)