Importance of training for fresh recruits in insurance industry
Answers
Answer:
A third hurdle for insurers comes once recruits are in the door. Historically, companies had effective, well-regarded training programs in which they would bring in junior people right out of college and give them an opportunity to learn core insurance skills, including underwriting, claims, servicing, and selling.
Answer: Importance of training for fresh recruits in insurance industry are :
• Higher Productivity - Training helps to improve the job knowledge, skills
job performance of employees. Well trained employees are more efficient and as a result the quantity and the quality of performance increases. Systematic training reduces learning
time and helps to improve customer service.
• Promotion and career Growth: Training enables employees to acquire knowledge and skills for more responsible jobs. It prepares employees for higher positions in the
organisation. They can earn promotions more quickly. Thus, training facilitates career growth of an employee. Training also increases the job security, earning capacity and market value of an employee.