Becoming A General Insurance Surveyor: A Guide For Indians

Insurance surveyors are licensed individuals who play an important role in the insurance claims process. They act as impartial evaluators, assessing and investigating insurance claims to determine the extent of damage, loss, or liability. Their expertise helps insurance providers decide on fair compensation, ensuring both the insurer and policyholder are treated justly. To become an insurance surveyor in India, there are several steps to follow. Firstly, individuals must meet the minimum educational requirements, typically a diploma or degree in fields such as engineering, architecture, or law. Backgrounds in insurance, risk management, or surveying are advantageous. Candidates then need to register with the Insurance Regulatory and Development Authority of India (IRDAI) via their official portal. The next step is to find a trainer and select a department for training, which is followed by enrolling in the training course. After completing the training, individuals can take the Insurance Surveyor Exam, conducted by the Insurance Institute of India (III). Passing this exam allows candidates to apply for their surveyor license and begin their career as a licensed surveyor.

Educational qualifications: A degree or diploma in engineering, architecture, or law

To become a general insurance surveyor in India, you must obtain a valid degree or diploma in engineering, architecture, or law. This educational qualification is a prerequisite to pursuing a career as an insurance surveyor.

For those with a degree in engineering, the acceptable qualifications include B.E., B. Tech., or B.Sc. (Engg.). Alternatively, a diploma in engineering of at least three years in duration from a recognised institution is also acceptable. These technical degrees and diplomas must be obtained from specific types of educational institutions. They should be either AICTE-approved institutions, universities recognised by the University Grants Commission (UGC), or institutions of national importance recognised by the Ministry of Human Resources Development (MHRD).

If you are interested in a career in insurance surveying and hold a degree in architecture, you must possess a degree or diploma in this field. Similarly, for those with a legal qualification, a degree in law is required.

In addition to these specific fields, individuals with qualifications in related areas such as accountancy, insurance, or surveying can also apply to become insurance surveyors.

It is important to note that after meeting the educational requirements, further steps are necessary to become a licensed insurance surveyor in India. This includes registration with the Insurance Regulatory and Development Authority of India (IRDAI), training under a senior surveyor, and passing the Insurance Surveyor Examination.

Professional experience: Background in insurance, loss assessment, or risk management

To become a general insurance surveyor in India, you must possess extensive professional experience in insurance, loss assessment, or risk management. This entails gaining expertise in evaluating and managing risks associated with properties or sites. Here are some detailed insights into each of these areas:

Insurance:

Insurance surveyors need a strong background in insurance, specifically in understanding the principles of indemnity and how insurance policies function. They should be well-versed in the types of insurance offered, including building, machinery, transport, stock, business furniture, mobile, health, and various other types of insurance. Knowing how to interpret insurance policies and assess risks is crucial for this role.

Loss Assessment:

Loss assessors, often known as surveyors and loss assessors (S&LA), play a critical role in evaluating and determining the actual loss or damage incurred by the insured. They serve as a link between the insurer and the insured, ensuring fair settlements. Loss assessors need to be adept at conducting thorough evaluations, examining evidence, and providing accurate reports to insurance companies to facilitate the claim settlement process.

Risk Management:

Risk management is at the core of an insurance surveyor's role. They assess the potential financial risk of offering insurance cover for properties or sites. This involves undertaking onsite valuations, surveys, and risk management assessments. Surveyors must be able to identify risks across various industries, including manufacturing, commercial, distribution, and leisure. They should be knowledgeable about health and safety regulations, industry standards, and other technical aspects that influence risk levels. Additionally, surveyors provide advice and recommendations to clients on reducing the risk of future insurance claims.

To excel in this field, insurance surveyors should possess strong analytical skills, attention to detail, and the ability to make informed decisions. They play a pivotal role in ensuring fair and accurate assessments of risks and losses, thereby contributing to the smooth functioning of the insurance industry in India.

Registration with IRDAI: Register on the BAP portal before the exam

To become a general insurance surveyor in India, you must register with the Insurance Regulatory and Development Authority of India (IRDAI) by creating an account on the BAP portal before the exam. This is a crucial step, as it allows you to manage your profile, apply for licences, and stay compliant with regulations. Here is a comprehensive guide to registering on the BAP portal:

Step 1: Visit the BAP Portal Website

Open your web browser and go to the following address: www.irdabap.org.in. This will direct you to the IRDA BAP portal homepage, where you can initiate the registration process.

Step 2: Create Your Account

On the homepage, locate and click on the "Surveyors" tab. Then, select the "Register for Login for New Applicant" option. This will allow you to create your user ID and password, which are essential for accessing the portal and maintaining the security of your account.

Step 3: Complete Your Profile

Once you have created your login credentials, you will need to update your profile with relevant information. This includes personal details, such as your name, contact information, and qualifications. Ensure that all the information provided is accurate and up-to-date.

Step 4: Select Your Department(s)

The BAP portal will require you to choose the department(s) you want to be associated with. This step is crucial for tailoring your profile and ensuring you receive relevant information and updates.

Step 5: Choose Your Trainer

Selecting a trainer is an essential aspect of your registration. On the BAP portal, you will find a list of available surveyors who can train and guide you. Choose a trainer whose expertise and experience align with your goals and interests. After selecting your trainer, they will need to accept your training request before you can proceed.

Step 6: Upload Required Documents

To complete your registration, you will need to upload specific documents, including photo ID proof, address proof, digital signature, digital photograph, degree/diploma certificate, and the online trainer's acceptance certificate. Ensure that all your documents are in digital format and readily available to avoid delays in the registration process.

By following these steps, you will successfully register with the IRDAI on the BAP portal before your exam. This registration is a crucial step in your journey to becoming a general insurance surveyor in India, as it provides you with the necessary credentials and access to important resources and information.

Trainer Acceptance Certificate: Select a trainer and receive confirmation

To become a general insurance surveyor in India, you must pass the Insurance Surveyor Examination and obtain a license. Here's a detailed guide on the process, focusing on selecting a trainer and receiving confirmation:

Trainer Acceptance Certificate:

After registering on the BAP portal and submitting your training request, you will need to select a trainer for your licensing process. This step involves choosing a trainer and the department in which you wish to undergo training. The selection of an appropriate trainer is crucial, as they will guide and mentor you during your journey to becoming an insurance surveyor.

Once you have selected your preferred trainer, you will need to wait for their acceptance. The process works as follows:

• Your chosen trainer will receive your training request and decide whether to accept or reject it.
• If your request is accepted, you will receive an email notification from the IRDA (Insurance Regulatory and Development Authority) confirming the acceptance. This email serves as the Trainer Acceptance Certificate, providing official recognition of your trainer's approval.
• In the unfortunate event that your request is rejected, you will need to select another trainer and repeat the process until you receive an acceptance.

It is important to note that the trainer plays a significant role in your development as a future insurance surveyor. They will guide you through the training process, provide mentorship, and ensure you acquire the necessary skills and knowledge to excel in your career. Therefore, it is advisable to research and choose a trainer with a good reputation and extensive experience in the field.

Next Steps:

After your trainer has accepted your request and you have received the Trainer Acceptance Certificate, you will need to complete Form 13 to enroll in the training course officially. This form is a requirement to initiate your training and begin your journey towards becoming a licensed insurance surveyor. The trainer will guide you through the specifics of the training process, including the duration, curriculum, and any other requirements or guidelines you need to follow.

Remember, the training period is an essential aspect of your development as a future insurance surveyor. It provides you with the practical knowledge and skills needed to assess and investigate insurance claims, evaluate losses, and provide expert advice to both insurers and policyholders.

Form 13: Enrol in the training course

Once your chosen trainer accepts your request, you will need to complete Form 13 to enrol in the training course. This form is for Trainee Surveyor Enrollment and is a crucial step in the process of becoming an insurance surveyor in India. Here are some detailed instructions for completing Form 13:

• Ensure you have received an email notification from the IRDA (Insurance Regulatory and Development Authority of India) confirming that your chosen trainer has accepted your request.
• Access Form 13 through the official IRDAI portal or the BAP (Banking Auxiliary Personnel) Portal.
• Provide all the required information accurately and completely. This may include personal details such as your full name, contact information, educational qualifications, and professional experience.
• Follow any specific guidelines or instructions provided by the IRDAI or the BAP Portal for completing the form.
• Double-check your entries for any errors or omissions before submitting Form 13.
• Keep a copy of the completed form for your records.

By submitting Form 13, you will be officially enrolled in the training course, which is a mandatory step towards obtaining your insurance surveyor license in India. The training period will provide you with the necessary knowledge and skills to perform the duties and responsibilities of an insurance surveyor effectively.

Frequently asked questions