upGrad with HDFC launches online life insurance course with assured placement

upGrad with HDFC launches online life insurance course with assured placement
Amita Jain | Mar 1, 2019 - 3:38 p.m. IST
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NEW DELHI, MARCH 1: The first-of-its-kind PG programme in Life Insurance has been developed by upGrad, an online higher education company, with HDFC Life Insurance Limited, India’s leading life insurance solutions providers with the concept of earn while you learn where students will get a stipend during the on-the-job training and internship. 

This is a comprehensive 11-month post-graduation program which includes online learning, on-the-job training and internship experience. Post successful course completion, all learners will secure a full-time job with HDFC Life. Through a 2-month online module, upGrad will be instrumental in training and developing young sales aspirants and getting them acquainted with the insurance sector. The faculty will include industry experts. On completion of the online course, students will get first-hand industry exposure through on-the-job training and internship.

This course will offer students the dual benefits of a PG Program in Life Insurance and a career opportunity with HDFC Life. The program has been developed keeping in mind the vast potential the industry has and the growth opportunities it can offer to young professionals having knowledge about the product category and the business. The course follows the ‘earn while you learn’ concept where  

Rajendra Ghag, Chief Human Resource Officer, HDFC Life, said, "India is largely underpenetrated when it come to life insurance. The industry holds tremendous potential for growth. Distribution is a key aspect of the business. Through our association with upGrad, we are looking to boost the quality of sales professionals in the industry, while simultaneously providing job assurance to the candidates. We are positive that this partnership will bring to fruition our hopes for a promising number of candidates who will be eager to carve out their career path in this industry." 

Mayank Kumar, Co-Founder & MD, upGrad, said, “There’s a huge requirement for trained sales professionals in the life insurance sector. Being online, we are able to take quality education to scale across India, enabling people to start their career in the high growing insurance sector. HDFC Life is one of the most prestigious life insurance providers in the country and is one of the best brands to be associated with. At upGrad, we are focused towards providing career outcomes to our learners and this partnership is the first amongst many that we plan on launching next year,”

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