Talent Pipeline for Banking and Insurance

The Banking sector in India is at an inflection point. As the digitization wave picks up steam, for the first time in the history of Indian Banking, almost two-thirds of all banking financial transactions are now digital. Non-Banking Financial Companies (NBFCs) are expanding the reach of banking using technology and non-traditional channels. Banking operations roles are diminishing while customer-facing roles are taking centre stage. The changing market dynamics create a pressing need for the Indian banks to reskill and cross-skill their workforce in new ways of customer acquisition and customer service.

Every time a banking organization scales or adopts change, it cannot bring new people at all levels. The organization must reskill its existing workforce and accelerate their experiences as if the employees were always performing the new tasks. A well-designed outcome-oriented training curriculum with can address this challenge effectively.

Program Highlights

NIIT IFBI offers specialized programs to create a continuous talent pipeline of high-quality workforce with banking industry-relevant skills. The programs are immersive and flexible, which help create a future-ready talent for banks. This includes training programs for fresh hires as well as existing workforce.

• Contemporary
• Delivered by industry experts and practitioners
• Enabled by Technology and domain partners
• Designed to create high-quality, job-ready workforce

How we accelerate experiences

• Task-based learning: Our programs are driven by the real tasks that learners perform at the workplace. The complete learning and content dissemination is done as part of the tasks they perform and goals they achieve during the training. Simulated situations lead learners to make mistakes, and subsequently learn from the mistakes.  
   
• Immediate application and feedback: Too much time between learning and application could have a negative impact on retention. Through near-real simulations and scenarios, learners systematically solve problems, commit mistakes, reflect on the gaps, research to plug those gaps, and move towards achieving the goals. This ensures higher recall and faster readiness to perform on the job.
   
• Mentors and industry practitioners: Through regular support from mentors and connects with in-practice industry experts, learners understand the industry perspective and the practices that lead to success

Specialized Programs for Banks

Talent Pipeline for Insurance Companies

Indian Insurance is entering a new era. Insurers now need to adapt a new way of working to deliver the ‘future of work’. A large shift is visible in the workforce values and culture. Complexity is compounded by the impact of technology on the people dimension. Insurance companies will need to strongly focus on talent building to address the changing landscape.

Program Highlights

NIIT IFBI, with its deep domain expertise in insurance and over 3 decades of leadership in training, understands this change and offers unique programs to create future-ready talent for insurance companies.

NIIT IFBI delivers these programs in collaboration with NIIT University at Neemrana.

Specialised programs for Insurance

These programs are visualised as a transformational process, aimed to create exceptional leaders with requisite skills and the right perspective to operate effectively in today’s complex business environment. The programs involve not only academically rigorous courses, but also projects, assignments, internships, leadership interactions, finishing school and other off-curriculum components. The programs are targeted to bring higher level of knowledge, skills as well as attitude in the learners.