I joined Head office of ASIC insurance for my internship of six weeks. There was a lot of work and opportunity for me to understand how work is carried out. I tried my best to exploit this opportunity.
Following are the duties and responsibilities which are assign to me in the ASIC.
I’ve gains the following types of accomplishments
· During the training I worked in different departments of the ASIC.
I was able to get a complete idea of the working of an insurance company.
It was a very knowledgeable experience for me. · One can have a complete picture of the different activities and expenses by sitting in “Claims”. From this perspective it was a knowledgeable experience for me.
· I got knowledge how to verify the information and documents according to various angles and after verification of documents and prices than issue the claim check. By working with him the claim settlement Procedure became very clear. During work in claim department I got knowledge about various forms and their uses like policy form, claim intimation form, accident report form, survey form, satisfaction note, claim disbursement voucher, bank payment voucher etc.
· For better productivity, the higher management must conduct proper seminars, workshops for all the employees so that they can have up-to date knowledge and they would be able to increase their skills. · I Learn, how the HR, Claim and accounts department are working. · How to satisfy or solve the query brought by the employees or the higher officials. · How to face the problems and get the solution to it.
During the internship I face some problems and difficulties.
With the internship we get a lot of knowledge. For the student it is very good opportunity the learn about the Industries, which is useful in future for their profession. Every Industry see your experiences in your cv. And internship have vital role for the Career. It is better than Career.
There are the following my weekly activities as I’ve done during the internship
8 hrs. – Tuesday (Week 1)
This was my first day as an internee in Asia Insurance Company Limited (ASIC). And following activities I’ve done as an internee.
8 hrs. Tuesday (week 2)
Second week activities
8 hrs. Tuesday (Week 3)
8 hrs. Tuesday (Week 5)
8 hrs. Tuesday (Week 6)
And the end of the day of my internship I met to management of Claims, Accounts, Underwriting, and HR. And discuss about what I learnt and how actually they are working.
One of the most important aims of the student life is to express him / her correctly and adequately. This was believed in my mind when I first decided to go to Asia Insurance Company Limited (ASIC) to complete my internship program.
The company has been growing both in size and profit for past few years and has a good repute in the market. It is expected to offer increased competition in the business as more insurance companies are in the market. With their focused strategy and product development initiatives planned for the year, ASIC is strongly positioned to meet these challenges. ASIC has very well repute in the market overall insurance company is going well and doing a good business. At present there is no such organization in the world that is free from problems and challenges. Every concern has to strive and struggle a lot to be more profitable and to get a more competitive edge.
While conducting this report I faced some problems in getting the data as at websites data and Financial Reports are not managed very well. The knowledge of what I have studied in B.com (Hons.) also came in handy. Once everything was found out it got very interesting.
I am very thankful to all the employees of ASIC, my friends and teachers and my brother. Who all help me in the preparation of this internship report.
I will like to give some recommendations because it is requirement of my report. There are few problems for that I have tried to give few recommendations that might help company to improve.
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