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Work-Life Balance

Job Security

Income Potential

Work Culture

Importance of Education


Profile Details
Name – Prasenjit Ghosh
ProfessionManagement, Insurance
Designation – Regional Manager
OrganisationLife Insurance Corporation of India
Age – 56
City – Kolkata
Work Experience (Years) – 30
Under-Graduation – BA (Hons), BHU
Post-Graduation – MMS, FMS (BHU)

Please give us a summary of your Career.

I joined LIC as Assistant Administration Officer. My posting was in a small place but it was a very big office. I continued for 4 years and was elevated to Branch Head. I continued at the same rank for 4 yrs and then posted to Western India.
Thereafter, I was again promoted and transferred to Western Odisha.
During these 30 years, I have spent 18 years in marketing, where my management education came in handy. I came across people from different languages-Assamese, Maithil, Bengali, Odia, Marathi. I found most of the people are good except a minuscule. It was very enriching to know various culture and food.

Please describe your current Job Responsibilities as Regional Manager.

My job as Regional Manager starts with ensuring that all 206 offices are having Network and Internet connectivity. For this, I am supported by the network team. Thereafter checking mails, assigning tasks, complying with requirements are my further tasks. I meet Vendors for various maitenance and new project works. It also helps in enhancing interpersonal relationship and understanding problems better.
I am assisted by my teams located across 13 locations. I also need to contact Head Office, when there is a major issue. There is an exchange of information with my counterparts from all other zones across India.

Average Income in this Profession in the current scenario

Starting out/Fresher – 2-5 Lakhs Per Annum
5 Years of Experience – 5-10 Lakhs Per Annum
10 Years of Experience – 5-10 Lakhs Per Annum
15 Years of Experience – 5-10 Lakhs Per Annum
20 or more Years of Experience – 20-40 Lakhs Per Annum
How do you rate the Income Potential in your career?5 Star Rating | MentorClub.in

Work-Life Balance

On an average, how many hours do you work per day?
7-9 hours
On an average, how many days in a week do you work?
6 days
How often are you required to work in night-shift?
Does your work require you to travel?
Does your work require you to relocate to different town/cities?
How would you consider the job security in your profession?
Very Secure
Would you consider this Profession Risky?
Not Risky

It is a Public Sector Organisation, hence job is secure.

Overall, how would you rate Work-Life Balance in your Profession?5 Star Rating | MentorClub.in
Overall, how would you rate Job Stability of your Profession?5 Star Rating | MentorClub.in
What are the different ways of entering this profession?

It is through open market recruitment.


As an LIC Regional Manager, how would you rate Stress-Level in your Profession?
How would you rate your office/work infrastructure?
How would you describe your co-workers?
Generally speaking, your work as Regional Manager is
Office Work
Overall, how would you rate Work-Culture in your Profession?5 Star Rating | MentorClub.in

Importance of Education in Your Profession

Would you say that Education from top School/College plays a major role in the success of this Profession?
What level of Education is sufficient to be a successful Regional Manager?
Simple Graduation
Would you say that Studious students are generally successful Regional Manager?
How would you consider the Cost of Education post 12th?
At present, which institutes are best for the education of this profession?

No particular institute. You have to clear the entrance exam.

What is the cost of education (post 12th) of this profession at present?


Overall, how would you rate the role of Education in your Profession?5 Star Rating | MentorClub.in

According to you, what kind of person is likely to be Happy & Successful Regional Manager?

First Personality Trait – Energized by people, enjoy a variety of tasks and good at multitasking
Second Personality Trait – Focus on possibilities and value innovation to come up with creative solutions to problems
Third Personality Trait – Prefer to make decisions using logic by weighing the pros and cons
Fourth Personality Trait – Prefer to be organized and stick to plan
Fifth Personality Trait – Prefer to seek new experiences and create new things
Sixth Personality Trait – Prefer to be self-disciplined and organized
Seventh Personality Trait – Prefer to be just and fair and not try to make everyone happy
Eighth Personality Trait – His/Her Family and Friends agree that S/he is usually relaxed, calm and happy
Please provide details

Must realize what the internal & external customer require and work towards meeting those expectations.

What are some of the positives, which would encourage someone to join your Profession?

Firstly, the job of Regional Manager is very secure and stable. This sector is free from the recession and you never see layoffs.
Secondly, you get several opportunities to visit foreign countries and the chance to attend world-class training. Meeting people from different countries, who are from different cultures, boosts your interpersonal skills. You get to know about their choices, interests in insurance products and other traits.
Thirdly, the income potential is high and lucrative.
Finally, there is a great potential for becoming a very successful insurance salesman, who is actually a financial adviser to his clients.
Apart from this, CSR activities are also undertaken and I personally feel good about them.

What are some of the negatives that you would want someone to be aware of when considering a career in your Profession?

1. Since it is a financial institution, there remain chances of people indulging in dishonest activities which are illegal in nature. So, one must be aware and honest all times so as to prevent the rise of any difficult or unwanted situation for the organization as well as for the clients.
2. Due to the presence of many legal formalities, sometimes, we are not able to provide insurance claims in time.
3. There is always a level of pressure which is linked with the sales. If the sales are not to the desired level, then that can pose as a massive obstruction for the organization’s growth and this may, in turn, increase the stress and depression level of the person working for the organization.

Recognition in your Profession

What is your family’s view of your Profession?
My Family is Impressed
What is Friends’ view of your Profession?
My Friends are Impressed
What is Society’s view of your Profession?
Society is Impressed
Overall, how would you rate the Recognition aspect of your Profession?5 Star Rating | MentorClub.in

General Information of your Profession/Business (L.I.C. Regional Manager)

What kind of family’s financial background can maximize success in this profession?
It Doesn’t Matter
What is the ease of starting own business in this field?
May be Easy for Few
How easy is it to move to a different country in this profession?
Now you have several years of work experience and you have seen professions of others. If you are taken back to 10th/12th class and allowed to pick a profession, then which profession will you pick and why?

If I again get a chance to pick a profession then I will like to be a data scientist as maths and statistics were my favorite subjects.

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