What Is A Transcriber? Is It A Good Work-from-home Career?

December 19, 20222 Minutes Read
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Did you know there's a flexible way to make money from home that you can count on?

By working as a freelance transcriptionist, you can choose how many hours you want to work. This makes it an excellent job for students or anyone who wants to make extra money.

Read on to learn more about transcribing to help you decide if a transcription career is worth it. You can also takeCareer Guidanceat Glow & Lovely Careers(formerly Fair & Lovely Career Foundation).

What is transcribing?

When you transcribe, you listen to recorded audio (or video) and type exactly what you hear. There are many different kinds of audio files, such as market research focus groups, interviews, meetings, phone calls, zoom calls, etc.

There are different types of transcription jobs, including general, market research, legal and medical transcription. General transcription usually needs no experience. Some companies instead ask transcribers to take a test to make sure they meet their standards.

For specialised areas of transcription like medical transcription or legal transcription, either training or experience is needed. But medical and legal transcriptionists make more money than other types of transcriptionists.

What kinds of skills do they need?

A good transcriber needs several skills, such as:

  • Clients pay for the service, so pay close attention to the details. It needs to be typed up without any mistakes and according to the style rules of the transcription company.

  • At least 70 words per minute typing speed -- various online free typing speed tests can check how fast you can type.

  • Writing skills: excellent English language and grammar.

  • Discretion -- you might be transcribing confidential audio. Hence, such audio cannot be talked about.

  • Computer savvy -- you will need to be good at typing. Word processing software skills will be a bonus.

  • Listening skills -- Transcribers need to be able to listen to audio recordings carefully and figure out what they mean.

  • Time management -- deadlines are non-negotiable.
    So, is it a good career option? Let's weigh the pros and cons:

    Pros:

  • Work hours that are flexible and work with your life

  • Chance to work from home -- who wouldn't like that?

  • Fun: Many people find transcription work fun, giving them a real sense of accomplishment.
    Cons:

  • Audio that is hard to understand -- This may be because the audio is poor quality, contains heavy accents, or people are talking simultaneously.

  • Unfamiliar terms -- If there is a word/term you don't understand, you may have to spend extra time researching the correct spelling. The transcription process will be longer in these situations. This could be stressful.

  • Sometimes, there may be lull periods -- as a freelancer, occasionally, there may not be any work available for a short period.

  • Each transcription company has a style guide that must be followed, so the transcription process might initially be slow. It can take a while to fully understand and feel confident using it, but practice makes perfect.

    So, what do you think? Is this job for you? Remember, payments usually vary. The more experience you have and the faster you can deliver, the higher your pay. Improve your grammarat Glow & Lovely Careers (formerly Fair & Lovely Career Foundation).

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February 6, 20193 Minutes Read

Tips to Crack Insurance Exams

The insurance sector is one of the biggest sectors in the Indian economy and has tremendous growth potential. This is one sector that grows with the country's economy. Insurance services form the foundation for smooth functioning of all business and commercial activities. For all aspirants of careers in this sector, you have come to the right place, because the Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation) provides free online mock tests for candidates preparing for insurance exams. These are prepared by experts in the field and will ensure success if practiced sincerely.

A career in the insurance sector is a very rewarding and fulfilling one. The job prospects are quite wide as you can look at various kinds of jobs in the sector including that of an insurance agent, assistant manager, administrative officer, SSO (Social Security Officer), actuarial analyst, insurance analyst and more. Make sure that you get proper career guidance from an expert so that you can choose the job that suits you the best. The selection process for Insurance exams consists of the prelim exams, mains, and the interview stage.

All exams conducted by the insurance sector of India are very competitive with lakhs of candidates applying every year for it. You have to meticulously prepare for every section under the exam if you have to clear it. Insurance exams in India consist of both private and public groups like UIIC, OICL, NIACL, NICL, and LIC. Here are some tips for you to understand and follow, to make your exam preparation easier:

1.Understand the syllabus and exam pattern well

The syllabus of the exam must be understood in detail. Only then will you be able to decide which portions to focus more on. Similarly, knowing the exam pattern is of utmost importance. You need to be well versed with the kind of questions that can be asked in the exam. Hence, a lot of rigorous preparation is required. Most insurance exams consist of the following sections:

Quantitative Aptitude: Data Interpretation, Simplification/ Approximation, Number Series, Quadratic Equations, Quantity based problems, Ratio & Proportion, Percentage & Averages, Profit & Loss, Mixtures & Allegations, Pipes and Cisterns, Boats and Streams, Simple Interest & Compound Interest, Time, Work and Wages, Time & Distance, Permutation, Combination & Probability

Logical Reasoning: Seating Arrangement (Circular, Linear, Square), Puzzles, Syllogism, Input-Output, Coding-Decoding, Blood Relations, Alphanumeric Series/Number Series/Alphabet Series, Order and Ranking, Direction based questions, Data sufficiency, Inequalities

English: Reading Comprehension, Cloze test, Fill in the blanks, Error Spotting/New Pattern Error Spotting, Sentence Correction/Sentence Improvement, Para Jumbles, Para Summary, Odd One Out, Para Completion

**General Awareness: **Banking, Insurance & Financial Awareness, Current Affairs, GK

**2. Practice online mock tests: **Most exams are conducted online these days. Hence, if you do not acquaint yourself with this mode of examination, then it would get really difficult for you to crack the exam. Practicing online mock exams is of utmost importance. It not only helps you to get acquainted with the exam pattern but also improves your speed and accuracy.

3. Prepare well for the GK & English sections: Most students tend to not focus too much on these two sections. This could cost them big time during the exam. Preparing well for these sections could prove to become a game changer for you. So, make sure you keep yourself abreast with all the current affairs and other general knowledge aspects, and also read good English newspapers every day, as this will help in improving your English language as well. You can also expect a few questions that test your computer knowledge.

4. Research and find out the repeated question types: In every exam, there are a few question types that are repeated every year. You need to solve question papers from the past 10 years at least to understand what these repeated questions are. Focus more on such questions.

5. Prepare for the descriptive section: Insurance exams for certain posts like the AO (Administrative Officer) have a descriptive test section as well. You will be asked to write an essay, letter, precis or the like in this section, within a time limit of 30 minutes. Hence, good writing skills as well typing speed is required here.

The insurance sector is one of the strongest sectors in the country and is expected to grow considerably in the future. Choosing to work in this sector would be a great decision as you are sure to have an illustrious career path. The Glow & Lovely Careers provides free online mock exams to help you excel in the actual exam and also supports all women that wish to embark on this journey.

Success Stories
March 30, 20223 Minutes Read

Data Analytics: What Is It and How To Become One Online

Many companies worldwide are experiencing a digital transformation. Hence, there is a lot of data generated but limited knowledge of how to process, manage or use it. This is why one of the most demanded work profiles is that of a Data Analyst. Data analysts use technical skills to make a valuable interpretation of that data and apply it to benefit the business. They collect and analyse data to form meaningful conclusions expressed through visual, written and verbal communication.

The scope of the task is immense, creating a great demand for them. In India, the national average salary for a Data Analyst is ₹6,00,000 per year.

Some of the jobs and fields requiring Data Analysts are

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  • Telecommunications
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  • Insurance
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  • Advertising and digital marketing
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  • Financial services,
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  • Healthcare,
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  • Technology
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  • Transport
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  • Research
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  • Database Administration
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  • Data Engineer
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  • Data Analyst
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  • Data Architect
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  • Data Scientist
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  • Business Analyst
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  • Systems Analyst
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  • Operations Analyst
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  • Quantitative Analyst
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  • Statistician

    The education, manufacturing and government industries are expected to adopt big data analytics in the future.

    The responsibilities of Data Analysts include collecting, cleansing, transforming, and modelling data to find helpful information to support decision-making processes. In order to make the correct investment decisions, every data-driven business needs data analysts to understand their available data. This also helps them understand customer behaviour, assess risks, and decide on funds.

    To become a Data Analyst, you would need the following to fit the following criteria:

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  • Have problem-solving skills and ease to come up with practical solutions.
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  • Be comfortable with numbers
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  • Have an analytical mind.
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  • Enjoy using your mind.
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  • Strong communication, both verbal and written.
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  • Good concentration and focus.

    If you fit the criteria, you may find the field of Data Analyst to be a good fit for you. Here's what you need:

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  1. Degree and Domain ExpertiseIt is essential to have a relevant degree and domain knowledge to work in the field. But, even if you don't, it is possible if you have knowledge of the required skill sets. A lot of classes online teach you the basics.
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  1. Programming skillsYou can learn programming languages such as Python, R, and JavaScript online. To solve complex problems, you will need to write programs.
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  1. Learn Data Analytics Fundamentals Data analysis tools are crucial in the field. Familiarise yourself with spreadsheets, excel, programming languages SQL, Python and R; number-crunching tools like Spark and Hadoop; Tableau, Matplotlib, or ggplot2 to create visualisations. Opt for online Data analysis courses from theGlow & Lovely Careers Foundation (formally known as the Fair & Lovely Careers Foundation) to learn fundamental data skills. Learning probability distributions, hypothesis testing, regression analysis, and various classification and clustering techniques will give you a firm footing.
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  1. Knowledge of Data Analysis and Visualisation Tools Gain experience in working with databases and data analysis tools. Practice and improve your skills in writing SQL queries and procedures, know Microsoft Excel, Matlab, and IBM SPSS to analyse trends and plan to drive accurate insights.Learn to create different business reports using several data visualisation tools like Tableau, QlikView, and Power BI.

    Once you've learned all the required skills, practice on projects with actual data. This will also help you gain hands-on experience with data management, statistical programming, programming languages, data cleaning, data visualisation on all platforms. Use this to develop a portfolio of your work and show it while applying to a job.