NSDC, HDFC Life to skill youth in insurance sector

NEW DELHI: National Skill Development Corporation has entered into a partnership with HDFC Life to impart skills among youth in the insurance sector, in a bid to facilitate livelihood creation and promote entrepreneurship opportunities.

As part of this collaboration, NSDC will support HDFC Life in inducting trained life insurance advisors. It will also provide training to candidates undergoing the IC38 examination conducted by the Insurance Regulatory and Development Authority of India (IRDAI) and drive skill enhancement.

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"Further, by imparting soft skills, this collaboration will facilitate opportunities for the youth to explore self-employment prospects for sustainable livelihood. The candidates will be trained for soft skills that will groom them professionally thus enabling them to connect better with prospective customers," NSDC stated.

NSDC, CEO and MD, Ved Mani Tiwari, termed the partnership with HDFC Life as an important step to strengthen the existing talent and upskill them in the insurance sector, as per the market requirements. "Our focus on skilling and upskilling India's youth will not only empower its workforce but will also create new booming sectors in the economy. This partnership envisions huge growth potential for both organisations and will serve as a great opportunity for the potential candidates to become job providers from job seekers," he shared.

Speaking about the partnership, HDFC Life, deputy managing director, Suresh Badami, said the partnership with NSDC will aim to impart skill and give an opportunity to individuals enabling them to build their livelihood. "Our strong learning and development platform is designed to equip individuals with a diverse set of skills. These individuals will in turn play a key role in enhancing the reach of life insurance in the country," he added.

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