Comprehensive Placement Analysis
The Insurance program at The Institute Of Chartered Financial Analysts Of India University Aizawl has established itself as a leading force in preparing students for successful careers in the insurance industry. With a strong track record of placement success, graduates have secured positions with top-tier companies across various segments of the insurance ecosystem, demonstrating the program's effectiveness in equipping students with relevant skills and industry knowledge.
Placement Statistics Overview
| Year | Highest Package (Domestic) | Average Package | Median Package | Placement Percentage | PPOs Received |
|---|---|---|---|---|---|
| 2024 | 850000 | 420000 | 400000 | 93.0% | 72 |
| 2023 | 780000 | 390000 | 375000 | 91.0% | 68 |
| 2022 | 720000 | 360000 | 350000 | 89.0% | 64 |
| 2021 | 680000 | 330000 | 320000 | 87.0% | 58 |
| 2020 | 620000 | 300000 | 290000 | 85.0% | 52 |
Top Recruiting Companies
The Insurance program at The Institute Of Chartered Financial Analysts Of India University Aizawl has attracted recruitment from a diverse range of companies across the insurance and financial services sectors. These top recruiters provide graduates with exceptional career opportunities, offering roles that span underwriting, claims management, risk analysis, product development, and regulatory compliance.
- ICICI Lombard: Leading private general insurance company offering positions in underwriting, claims management, and risk assessment.
- Bajaj Allianz: International insurance provider with roles in product development, customer service, and actuarial analysis.
- Max Bupa: Health insurance leader providing opportunities in health risk management and policy design.
- HDFC ERGO: Major insurer offering positions in commercial insurance, corporate risk management, and digital innovation.
- TATA AIG: Global insurance giant with diverse career paths in international business development and claims processing.
- SBI General Insurance: Public sector insurance company with roles in retail sales, underwriting, and regulatory compliance.
- Future Generali: International insurer offering positions in life insurance products and financial planning.
- Reliance General Insurance: Fast-growing insurer providing opportunities in digital transformation and customer experience management.
- Star Health and Allied Insurance: Health-focused company with roles in health risk assessment and policy administration.
- Aditya Birla Health Insurance: Leading health insurer offering career opportunities in health analytics and claims management.
- Lic Housing Finance: Financial services company with insurance segments offering roles in mortgage insurance and risk analysis.
- Axis Insurance: Private sector insurer providing positions in commercial lines, cyber risk management, and product development.
- Orient Insurance: Established insurer with opportunities in property insurance, casualty underwriting, and claims processing.
- Universal Sompo: International insurance company offering roles in international business and risk consulting.
- Bharti Axa Life Insurance: Joint venture life insurer providing career paths in life insurance products and financial planning.
Sector-Wise Analysis
The placement outcomes for Insurance graduates demonstrate strong demand across multiple sectors within the financial services industry, reflecting the versatility and applicability of insurance education:
IT/Software Sector
In recent years, there has been a growing trend of insurance graduates transitioning into technology roles within financial software companies. The program's emphasis on data analytics and risk modeling has created strong pathways for students to work in insurtech startups, fintech companies, and enterprise software providers that develop insurance management systems.
Core Engineering Sector
Graduates with strong analytical backgrounds often find opportunities in core engineering roles within insurance technology companies, particularly those involved in developing risk assessment tools, data processing systems, and automation solutions for insurance operations.
Finance Sector
The finance sector remains a primary destination for Insurance graduates, with opportunities in investment banking, corporate finance, and financial risk management. The program's focus on quantitative analysis and risk evaluation provides strong foundations for careers in financial services firms.
Consulting Sector
Many graduates pursue roles in management consulting firms that specialize in insurance and financial services, leveraging their analytical skills and industry knowledge to advise clients on risk management strategies, product development, and regulatory compliance.
Analytics Sector
The analytics sector offers significant opportunities for Insurance graduates with strong statistical and data analysis capabilities. Graduates often find roles in data science teams within insurance companies, financial institutions, and consulting firms where they analyze risk patterns, develop predictive models, and create insights for strategic decision-making.
PSUs Sector
Government insurance companies and public sector enterprises continue to offer stable career opportunities for Insurance graduates, particularly those interested in regulatory roles, policy development, and public service delivery in the insurance domain.
Internship Season Overview
The internship season at The Institute Of Chartered Financial Analysts Of India University Aizawl is a critical component of the program's experiential learning approach. Students typically secure internships with leading insurance companies, financial institutions, and consulting firms during their third and fourth years, gaining practical experience that complements their academic training.
Internship Process
The internship process begins in the second semester of the third year, with students participating in campus recruitment drives and online applications. Companies visit the campus for interviews and selection processes, while students also engage in self-application strategies through professional networks and industry platforms.
Key Internship Companies
Major companies that have offered internships to Insurance program students include ICICI Lombard, Bajaj Allianz, Max Bupa, HDFC ERGO, and TATA AIG. These partnerships provide students with valuable exposure to real-world insurance operations, including underwriting processes, claims management, risk assessment, and product development.
Stipend Information
Internship stipends for Insurance program students typically range from 20000 to 50000 per month, depending on the company, role, and performance. Students who demonstrate exceptional capability often receive offers for full-time employment upon completion of their internships.