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Careers after B.E./B.Tech - Higher Education Opportunities

Careers & Specialisations - Insurance & Banking


Many of us would wonder how engineer find utility in insurance Sector. But the fact is engineers have been performing important duties for this sector for years together, as insurance surveyor.

We are very much aware that Automobiles, Industrial Setup/ Plants, Cargo Ships, Buildings are insured in anticipation of future loss or damage. So to assess the value of the property to be insured a person with technical background is a must. The risk factors involved, safety & other precautions taken care off can be judged better by engineers only. Depending upon their assessment, insurance companies calculate the premiums for insurer's. Engineers also suggest additional measures to be taken to protect the property under insurance cover & survey the same from time to time.

Engineers also play an important role while assessing the loss due to accidents, theft or damage due to various reasons. Acting as surveyor, engineers visit the site of damage/ accident & prepare detailed report of loss. Engineers certify the loss & categorizes it under total loss, partial loss, rectify or repair & sanction the claim accordingly. Engineers also have to find out reasons of the accident or damage & notify the insurance company to up date rules & regulations while preparing policies for future clientele.

Insurance companies recruit engineers by placing advertisements in popular newspapers or in employments news. Major Insurance companies are : -

  • The New India Assurance Co.
  • National Insurance Co.
  • Oriental Insurance Co.

Banking sector has been utilising the services of engineers to assess the risk involved in engineering project/Industrial financing.

Featured Institute : Suryadatta Group of Institutes


For branding of the institute, Institutes may take appointment of Prof. Vijay Navale for career guidance seminars.

Contact : Prof. Vijay Navale : +91-9822502969

Personal Career Counseling

M-Power’s expert career counselors have guided more than 5000 students & parents through personal or telephonic counseling.

The counseling is available for

  • Engineering Career & Educational Options
  • Engineering Admission Process for HSC Students
  • Careers selection after SSC/HSC
  • Career Selection After Graduation
  • Direct Second Year Engg. Admission Process(for Diploma Students)
  • Career Options for Diploma Engineers
  • Study skills (for School/ college Students)
  • Study Time Management
  • Communication Skills Development
  • Personality Improvement
Contact : Prof. Vijay Navale : +91-9822502969


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