Having spent over three decades in the Insurance industry, I’ve witnessed
→ Disruptions
→ Advancements
→ Transformations
It’s challenging industry, like any other industry for Professionals to in their mid-careers.
It quite literally, the being relevant gives growth of the Fittest.”
Here, by fittest I mean the professional with the ideal skill set and soft skills up their sleeve.
So, what are those ideal skills? Let’s first dive into the Core Skills required:
◼️Core Skills
🟢 Certification can win you the Game
Certifications domain, tech project management centric and are essential in upskilling and keeping yourself relevant in the organization.
They validate your skills keeping you competitive in the rapidly evolving Insurance Tech landscape.
🟢 Regulatory Compliance:
You should have a deep understanding of regulatory requirements and standards.
The ability to adapt quickly to new regulations will keep you ahead.
🟢 Technical Proficiency:
One should know how to harness AI to apply in various business processes like underwriting and claims.
The capability of utilizing blockchain for secure and transparent transactions is desirable.
🟢 The Habit of Reading:
Staying updated with the latest industry trends, technologies, and regulations gives you an edge.
Continuously expanding knowledge through books, articles, and research papers.
◼️Soft Skills
My Favorite Acronym – KPO:
→ Kindness: Treat everyone with respect and empathy.
→ Proactive: Anticipate challenges and take the initiative.
→ Ownership: Take full responsibility for your actions and outcomes.
🟢 Adaptability:
You should embrace change and be flexible in dynamic environments.
Learning quickly is a Gold trait to have to keep up with technological advancements.
🟢 Problem-Solving Ability:
Using analytical thinking to identify and address complex issues is rewarded.
Developing an innovative mindset to create solutions for emerging challenges will be noticed by your seniors.
🟢 Customer-Centric Approach:
You should prioritize customer needs and enhance their experience.
Building trust through transparency and effective communication is a no-brainer.
The future of Insurance-Tech is bright and full of opportunities, clarifying if it’s not already clear!
By imbibing these hard and soft traits, you can not only stay relevant but also lead the industry’s transformation.
And, that is where you you should aim to be – as the Leader of the Pack.
What other skills do you think are essential for being future-ready?
Share your thoughts in the comments!