SlideShare a Scribd company logo
1 of 20
A STUDY ON EFFECTIVENESS
OF
RECRUITMENT AND SELECTION
PROCESS
AT
BHARTI AXA PRIVAE LTD
INTERNAL GUIDE,
Mr. E.Prem Kumar,
Asst.Professor,
Dept.of MBA,
SV Colleges of
Engineering,
Tirupati.
EXTERNAL GUIDE,
Mr. K.Sudhakar,
Deputy Manager,
Bharti AXA LIC Ltd,
Tirupati.
 RECRUITMENT  SELECTION
Recruitment is a process of
searching for the prospective
employee and stimulating them to
apply for the job in an organization is
called recruitment.
It is also know as inviting the
candidates to apply for the job in
our organization.
Selection means
choosing the best and
suitable candidate
among the applicants.
It is also know as
placing the right
person at right job.
RECRUITMENT AND SELECTION
RECRUITMENT:
SELECTION:
OBJECTIVES
RECRUITMENT AND SELECTION
RECURITMENT:
SELECTION:
SCOPE
INDUSTRY PROFILE
Definition:
HOW INSURANCE WAS STARTED :
Insurance was started in 3000 bc.
The origins of modern, shall Insurance business as practiced to
day can be traced to LLOYD`S COFFEE HOUSE in LONDON.
GI
• General
insurance.
LI
• Life
insurance.
• TRITAN GENERAL INSURANCE COMPANY LTD was the
1st GIC company started in INDIA.
• This was established in the year 1950 in Kolkata.
• GIC was introduced by British people in India.
• The company name is INDIAN MERCHAINTAIL
INSURANCE COMPANY LTD in 1907.
• In 1971 the got takeover all these companies.
• In India GIC ACT was started in 1972.
• Then the GIC ACT came in to the force in 1st January
1973.
GIC Central office – Pune.
Agents – 9.88 lacks as on 31st march 2015.
Divisional offices- 100.
Branch offices – 2048.
UNDER GIC THERE ARE 4 MAJOR COMPANIES IN INDIA
COMPANY NAME HEAD OFFICE
1.National Insurance Company Ltd – Kolkata.
2.New India Assurance Company Ltd – Mumbai.
3.Oriental India Assurance Company Ltd – New Delhi.
4.United India Assurance Company Ltd – Chennai.
THESE 4 COMPANIES HAVE:
BRANCH OFFICES – 2699.
DIVISIONAL OFFICES 1360.
REGIONAL OFFICES – 92.
IT HAS 7 ZONAL AREAS:
1.Mumbai.
2.Kolkata.
3.Delhi.
4.Chennai.
5.Hyderabad.
6.Kanpur.
7.Bhopal.
ABOUT THE 4 MOJOR GIC COMPANIES IN INDIA
This LIC was introduced by the British people in INDIA. In 1880.
The ORIENTAL LIC was 1st LIC company established in INDIA at KOLKTA I in
1823.
The BOMBAY LIC was established at MUMBAI in 1839.
In the same year 1839 MADRASS EQUITABLE LIFE INSURANCE established at
MADRASS .
LIC act was formed in 1938.
Till 1956, they have in 1ST SEP 1956.
GOVT took over all these insurance companies.
ABOUT LIC
Bharti Axa Life Insurance is collaboration between Bharti
Enterprises and AXA Group.
Bharti AXA Life Insurance is a joint venture between Bharti, one of
India’s leading business groups with interests in telecom, agric
business and retail.
 AXA, world leader in financial protection and wealth
management.
 Today, we have over 5200 employees across over 12 states in the
country.
Bharti AXA Life is a life insurance player that A Life is a life
insurance player that was started in 2006.
VISION AND VALUES:
 Vision:
To be a leader and the preferred company for
financial protection and wealth management in India.
 Values:
Professionalism, Innovation, Team Spirit, and
Integrity.
MISSION
• Key Achievements:
• AXA Ranks no.1 Globally on net written Premiums', 2010
• AXA had US$ 107.9 billion in net written premiums in 2010.
• Rocketed to No. 2 position as against No 6 at the end of last financial year amongst Pvt. Life
Insurance cos., with a clear lead of Rs 240 Cr.
• Fastest growing insurance company with 380% growth
• Market share jumps almost 4 times from 0.95 % to 3.39 % amongst all life Insurance cos.
• Increased its product portfolio from 7 to 19 simple and flexible products
• Launched complete suite of employee benefit solutions (Group products for Corporate)
• No.1 Pvt. Life Insurer FY 2006. Leading by RS. 78Cr.
• No.1 Pvt. Life Insurer in Retail Business Leading by RS 339 Cr.
• Up 0.2 from the previous year to command the position worlds leading insurer.
• Have sold over 13,00,000 policies to satiated customers
• Is backed by a network of 550 offices spanning the country
• Accelerated Growth
Competitors
• The main competitors for Bharti AXA Life Insurance Co Ltd are:
• Life Insurance Corporation of India
• ICICI Prudential Life Insurance Co. Ltd
• Birla Sun Life Insurance Co. Ltd
• HDFC Standard Life Insurance Co. Ltd
• INC Vysya Life Insurance Company Pvt. Ltd
• Max New York Life Insurance Co. Ltd
• Met Life India Insurance Company Put. Ltd.
• Kotak Mahindra Old Mutual Life Insurance Limited
• SBI Life Insurance Co. Ltd
• Tata AIG Life Insurance Company Limited
• Reliance Life Insurance Company Limit
• Aviva Life Insurance Co. India Pvt. Ltd
• Sahara India Life Insurance Co, Ltd
• Shriram Life Insurance Cu, Ltd
Sandeep Ghosh,(CEO).
BOARD OF DIRECTORS
Nagina is the Chief
Human Resource Officer
VineetPatni is the Chief
Distribution Officer
Rajeev is currently the Chief &
Appointed Actuary
COMPANY
DETAILS
Company Logo
Bharti Axa
Insurance Plans
Individual Plans
Protection.
E-Protects.
Elite Secure.
Premium
Waiver Rider.
Children's Plan.
Bright Stars
Edge.
Power kid
insurance Plan.
Pension Plan.
Pension Plans.
Wonders Years
Pension Plans
Secure Plans.
Wealth Creation
With Protection.
Guarantee
Plans.
Market linked
plans.
Future Invest.
Health Plans.
Triple Health
Insurance Plans.
Hospi Cash
Benefit Rider.
Group Plans
Loan Secures.
Accident Benefit
Rider.
Recruitment and selection at Bharathi AXA

More Related Content

What's hot

M D R T Presentation
M D R T  PresentationM D R T  Presentation
M D R T PresentationVivek
 
Channel development at max new york life
Channel development at max new york lifeChannel development at max new york life
Channel development at max new york lifeProjects Kart
 
Life insurance corporation
Life insurance corporation Life insurance corporation
Life insurance corporation Santosh Wankhede
 
Swot analysis on bajaj allianz
Swot analysis on bajaj allianzSwot analysis on bajaj allianz
Swot analysis on bajaj allianzSharon Mansoor
 
76109382 a-project-report-on-bharti-axa-life-insurance-co
76109382 a-project-report-on-bharti-axa-life-insurance-co76109382 a-project-report-on-bharti-axa-life-insurance-co
76109382 a-project-report-on-bharti-axa-life-insurance-coPardeep Gupta
 
Lic agency recruitment booklet
Lic agency recruitment  bookletLic agency recruitment  booklet
Lic agency recruitment bookletSanjeev Handa
 
LIC Agent Training, Recruitment by Raj Sharma
LIC Agent Training, Recruitment by Raj SharmaLIC Agent Training, Recruitment by Raj Sharma
LIC Agent Training, Recruitment by Raj SharmaRaj Sharma
 
HDFC Life Insurance | Marketing of Services | 7 Ps of Services
HDFC Life Insurance | Marketing of Services | 7 Ps of ServicesHDFC Life Insurance | Marketing of Services | 7 Ps of Services
HDFC Life Insurance | Marketing of Services | 7 Ps of ServicesHeenaKauser17
 
LIC OF INDIA, AGENT LIC, BE AN INSURANCE AGENT, LIC SURAT
LIC OF INDIA, AGENT LIC, BE AN INSURANCE AGENT, LIC SURATLIC OF INDIA, AGENT LIC, BE AN INSURANCE AGENT, LIC SURAT
LIC OF INDIA, AGENT LIC, BE AN INSURANCE AGENT, LIC SURATVinodkumar Hariani
 
109107102 camparative-study-of-lic-of-india
109107102 camparative-study-of-lic-of-india109107102 camparative-study-of-lic-of-india
109107102 camparative-study-of-lic-of-indiahomeworkping7
 
agency pr -rectt final
agency pr -rectt finalagency pr -rectt final
agency pr -rectt finalRanjeet Chadha
 
Marketing Strategies of HDFC Standard Life
Marketing Strategies of HDFC Standard LifeMarketing Strategies of HDFC Standard Life
Marketing Strategies of HDFC Standard LifeAnshiMalaiya
 
Lic training and development(s@n@nd)
Lic training and development(s@n@nd)Lic training and development(s@n@nd)
Lic training and development(s@n@nd)sanandsachidanandan
 
Marine Insurance of Pioneer insurance company ltd.
Marine Insurance of Pioneer insurance company ltd.Marine Insurance of Pioneer insurance company ltd.
Marine Insurance of Pioneer insurance company ltd.Manas Saha
 
25098526 project-on-lic
25098526 project-on-lic25098526 project-on-lic
25098526 project-on-licSneha patel
 
Designing training program for max new york life
Designing training program for max new york lifeDesigning training program for max new york life
Designing training program for max new york lifeTanuj Poddar
 
Life insurance project(LIC)
Life insurance project(LIC)Life insurance project(LIC)
Life insurance project(LIC)Anil Goswami
 

What's hot (20)

M D R T Presentation
M D R T  PresentationM D R T  Presentation
M D R T Presentation
 
Channel development at max new york life
Channel development at max new york lifeChannel development at max new york life
Channel development at max new york life
 
Life insurance corporation
Life insurance corporation Life insurance corporation
Life insurance corporation
 
HDFC
HDFCHDFC
HDFC
 
Swot analysis on bajaj allianz
Swot analysis on bajaj allianzSwot analysis on bajaj allianz
Swot analysis on bajaj allianz
 
Lic project
Lic projectLic project
Lic project
 
76109382 a-project-report-on-bharti-axa-life-insurance-co
76109382 a-project-report-on-bharti-axa-life-insurance-co76109382 a-project-report-on-bharti-axa-life-insurance-co
76109382 a-project-report-on-bharti-axa-life-insurance-co
 
Lic agency recruitment booklet
Lic agency recruitment  bookletLic agency recruitment  booklet
Lic agency recruitment booklet
 
LIC Agent Training, Recruitment by Raj Sharma
LIC Agent Training, Recruitment by Raj SharmaLIC Agent Training, Recruitment by Raj Sharma
LIC Agent Training, Recruitment by Raj Sharma
 
HDFC Life Insurance | Marketing of Services | 7 Ps of Services
HDFC Life Insurance | Marketing of Services | 7 Ps of ServicesHDFC Life Insurance | Marketing of Services | 7 Ps of Services
HDFC Life Insurance | Marketing of Services | 7 Ps of Services
 
LIC OF INDIA, AGENT LIC, BE AN INSURANCE AGENT, LIC SURAT
LIC OF INDIA, AGENT LIC, BE AN INSURANCE AGENT, LIC SURATLIC OF INDIA, AGENT LIC, BE AN INSURANCE AGENT, LIC SURAT
LIC OF INDIA, AGENT LIC, BE AN INSURANCE AGENT, LIC SURAT
 
109107102 camparative-study-of-lic-of-india
109107102 camparative-study-of-lic-of-india109107102 camparative-study-of-lic-of-india
109107102 camparative-study-of-lic-of-india
 
agency pr -rectt final
agency pr -rectt finalagency pr -rectt final
agency pr -rectt final
 
Marketing Strategies of HDFC Standard Life
Marketing Strategies of HDFC Standard LifeMarketing Strategies of HDFC Standard Life
Marketing Strategies of HDFC Standard Life
 
Lic training and development(s@n@nd)
Lic training and development(s@n@nd)Lic training and development(s@n@nd)
Lic training and development(s@n@nd)
 
Marine Insurance of Pioneer insurance company ltd.
Marine Insurance of Pioneer insurance company ltd.Marine Insurance of Pioneer insurance company ltd.
Marine Insurance of Pioneer insurance company ltd.
 
25098526 project-on-lic
25098526 project-on-lic25098526 project-on-lic
25098526 project-on-lic
 
Designing training program for max new york life
Designing training program for max new york lifeDesigning training program for max new york life
Designing training program for max new york life
 
Hdfc life
Hdfc lifeHdfc life
Hdfc life
 
Life insurance project(LIC)
Life insurance project(LIC)Life insurance project(LIC)
Life insurance project(LIC)
 

Viewers also liked

Canara bank recruitment 2010
Canara bank recruitment 2010Canara bank recruitment 2010
Canara bank recruitment 2010Pankaj Singla
 
Axis Recruitments
Axis RecruitmentsAxis Recruitments
Axis RecruitmentsAshish Gupta
 
Nike: 'Co-writing the future'
Nike: 'Co-writing the future'Nike: 'Co-writing the future'
Nike: 'Co-writing the future'Waqar Riaz
 
Global Certified Recruitment Manager
Global Certified Recruitment ManagerGlobal Certified Recruitment Manager
Global Certified Recruitment ManagerMadhusudan Rayudu
 
MBA Report on Recruitment and Selection procedure
MBA Report on Recruitment and Selection procedure MBA Report on Recruitment and Selection procedure
MBA Report on Recruitment and Selection procedure samra khan
 
Recruitment process of icici bank
Recruitment process of icici bankRecruitment process of icici bank
Recruitment process of icici bankSkyline College
 
Recruitment and selection process of eastern bank ltd.
Recruitment and selection process of eastern bank ltd.Recruitment and selection process of eastern bank ltd.
Recruitment and selection process of eastern bank ltd.Rashedul Amin
 
Recrutment & selection HR PRESENTATION
Recrutment & selection HR PRESENTATIONRecrutment & selection HR PRESENTATION
Recrutment & selection HR PRESENTATIONDimple Ramnani
 
Recruitment And Selection At Hdfc
Recruitment And Selection At HdfcRecruitment And Selection At Hdfc
Recruitment And Selection At HdfcVinod Prajapat
 
Recuitment, Selection, Induction
Recuitment, Selection, InductionRecuitment, Selection, Induction
Recuitment, Selection, InductionDeepika Malhotra
 
Company Recruitment Strategy
Company Recruitment  Strategy Company Recruitment  Strategy
Company Recruitment Strategy Stacey Kerr
 
recruitment and selection policy of reliance
recruitment and selection policy of reliancerecruitment and selection policy of reliance
recruitment and selection policy of reliancebunnysharma
 
Selection recruitment_-icici
Selection  recruitment_-iciciSelection  recruitment_-icici
Selection recruitment_-iciciSujata Yadav
 
Axis bank recruitment
Axis bank recruitmentAxis bank recruitment
Axis bank recruitmentRicha Garg
 
Human Resource Management (in TATA Motors)
Human Resource Management (in TATA Motors)Human Resource Management (in TATA Motors)
Human Resource Management (in TATA Motors)Urmilesh Tiwari
 
Recruitment & selection
Recruitment & selectionRecruitment & selection
Recruitment & selectionNISHA SHAH
 
Recruitment and selection powerpoint presentation
Recruitment and selection powerpoint presentationRecruitment and selection powerpoint presentation
Recruitment and selection powerpoint presentationAndrew Schwartz
 
ppt on Recruitment & Selection Process
ppt on Recruitment & Selection Processppt on Recruitment & Selection Process
ppt on Recruitment & Selection ProcessBEC DOMS
 
RECRUITMENT AND SELECTION
RECRUITMENT AND SELECTIONRECRUITMENT AND SELECTION
RECRUITMENT AND SELECTIONAIMS Education
 

Viewers also liked (20)

Canara bank recruitment 2010
Canara bank recruitment 2010Canara bank recruitment 2010
Canara bank recruitment 2010
 
Axis Recruitments
Axis RecruitmentsAxis Recruitments
Axis Recruitments
 
Nike: 'Co-writing the future'
Nike: 'Co-writing the future'Nike: 'Co-writing the future'
Nike: 'Co-writing the future'
 
Global Certified Recruitment Manager
Global Certified Recruitment ManagerGlobal Certified Recruitment Manager
Global Certified Recruitment Manager
 
MBA Report on Recruitment and Selection procedure
MBA Report on Recruitment and Selection procedure MBA Report on Recruitment and Selection procedure
MBA Report on Recruitment and Selection procedure
 
Recruitment process of icici bank
Recruitment process of icici bankRecruitment process of icici bank
Recruitment process of icici bank
 
Recruitment and selection process of eastern bank ltd.
Recruitment and selection process of eastern bank ltd.Recruitment and selection process of eastern bank ltd.
Recruitment and selection process of eastern bank ltd.
 
Recrutment & selection HR PRESENTATION
Recrutment & selection HR PRESENTATIONRecrutment & selection HR PRESENTATION
Recrutment & selection HR PRESENTATION
 
Recruitment And Selection At Hdfc
Recruitment And Selection At HdfcRecruitment And Selection At Hdfc
Recruitment And Selection At Hdfc
 
Recuitment, Selection, Induction
Recuitment, Selection, InductionRecuitment, Selection, Induction
Recuitment, Selection, Induction
 
Company Recruitment Strategy
Company Recruitment  Strategy Company Recruitment  Strategy
Company Recruitment Strategy
 
Godrej company
Godrej companyGodrej company
Godrej company
 
recruitment and selection policy of reliance
recruitment and selection policy of reliancerecruitment and selection policy of reliance
recruitment and selection policy of reliance
 
Selection recruitment_-icici
Selection  recruitment_-iciciSelection  recruitment_-icici
Selection recruitment_-icici
 
Axis bank recruitment
Axis bank recruitmentAxis bank recruitment
Axis bank recruitment
 
Human Resource Management (in TATA Motors)
Human Resource Management (in TATA Motors)Human Resource Management (in TATA Motors)
Human Resource Management (in TATA Motors)
 
Recruitment & selection
Recruitment & selectionRecruitment & selection
Recruitment & selection
 
Recruitment and selection powerpoint presentation
Recruitment and selection powerpoint presentationRecruitment and selection powerpoint presentation
Recruitment and selection powerpoint presentation
 
ppt on Recruitment & Selection Process
ppt on Recruitment & Selection Processppt on Recruitment & Selection Process
ppt on Recruitment & Selection Process
 
RECRUITMENT AND SELECTION
RECRUITMENT AND SELECTIONRECRUITMENT AND SELECTION
RECRUITMENT AND SELECTION
 

Similar to Recruitment and selection at Bharathi AXA

IRM PPT.pptx
IRM PPT.pptxIRM PPT.pptx
IRM PPT.pptxMayuri Bhole
 
A project report on joint venture
A project report on joint venture A project report on joint venture
A project report on joint venture Babasab Patil
 
Verve life insurance company
Verve life insurance companyVerve life insurance company
Verve life insurance companyAtul Gurav
 
Insurance Sector in India ppt
Insurance Sector in India pptInsurance Sector in India ppt
Insurance Sector in India pptMANISH KUMAR CHAUHAN
 
Effectiveness of CRM in HDFC Standard Life Insurance into Increase the Sales
Effectiveness of CRM in HDFC Standard Life Insurance into Increase the SalesEffectiveness of CRM in HDFC Standard Life Insurance into Increase the Sales
Effectiveness of CRM in HDFC Standard Life Insurance into Increase the SalesProjects Kart
 
A project report on hdfc standard life insurance
A project report on hdfc standard life insuranceA project report on hdfc standard life insurance
A project report on hdfc standard life insuranceProjects Kart
 
14144757 lic-project-manish-121025122625-phpapp01
14144757 lic-project-manish-121025122625-phpapp0114144757 lic-project-manish-121025122625-phpapp01
14144757 lic-project-manish-121025122625-phpapp01Siddanna Balapgol
 
A STUDY ON EMPLOYEE'S TRAINING IN INSURANCE SECTOR (RELIABILITY ANALYSIS)
A STUDY ON EMPLOYEE'S TRAINING IN INSURANCE SECTOR (RELIABILITY ANALYSIS)A STUDY ON EMPLOYEE'S TRAINING IN INSURANCE SECTOR (RELIABILITY ANALYSIS)
A STUDY ON EMPLOYEE'S TRAINING IN INSURANCE SECTOR (RELIABILITY ANALYSIS)s v
 
Nature & scope of insurance and leading insurance
Nature & scope of insurance and leading insuranceNature & scope of insurance and leading insurance
Nature & scope of insurance and leading insuranceRahulNirol
 
14144757 lic-project-manish
14144757 lic-project-manish14144757 lic-project-manish
14144757 lic-project-manishnirajradhe1
 
Beacon insurance brokers pvt. ltd.
Beacon insurance brokers pvt. ltd.Beacon insurance brokers pvt. ltd.
Beacon insurance brokers pvt. ltd.Divyesh Jain
 
MAX NEW YORK LIFE INSORENSE
MAX NEW YORK LIFE INSORENSE MAX NEW YORK LIFE INSORENSE
MAX NEW YORK LIFE INSORENSE Himanshu Sharma
 
Indian Insurance Sector
Indian Insurance SectorIndian Insurance Sector
Indian Insurance SectorPrashant Maharshi
 
project-on-lic-india.pdf
project-on-lic-india.pdfproject-on-lic-india.pdf
project-on-lic-india.pdfAmanDas89
 
Kotak mahindra life insurance project report on recruitment and selection pro...
Kotak mahindra life insurance project report on recruitment and selection pro...Kotak mahindra life insurance project report on recruitment and selection pro...
Kotak mahindra life insurance project report on recruitment and selection pro...Roneet Kumar
 
Executive summary
Executive summaryExecutive summary
Executive summaryVineet Pandey
 

Similar to Recruitment and selection at Bharathi AXA (20)

IRM PPT.pptx
IRM PPT.pptxIRM PPT.pptx
IRM PPT.pptx
 
A project report on joint venture
A project report on joint venture A project report on joint venture
A project report on joint venture
 
Verve life insurance company
Verve life insurance companyVerve life insurance company
Verve life insurance company
 
Second part
Second partSecond part
Second part
 
Insurance Sector in India ppt
Insurance Sector in India pptInsurance Sector in India ppt
Insurance Sector in India ppt
 
Insurance company in india
Insurance company in indiaInsurance company in india
Insurance company in india
 
Effectiveness of CRM in HDFC Standard Life Insurance into Increase the Sales
Effectiveness of CRM in HDFC Standard Life Insurance into Increase the SalesEffectiveness of CRM in HDFC Standard Life Insurance into Increase the Sales
Effectiveness of CRM in HDFC Standard Life Insurance into Increase the Sales
 
A project report on hdfc standard life insurance
A project report on hdfc standard life insuranceA project report on hdfc standard life insurance
A project report on hdfc standard life insurance
 
14144757 lic-project-manish-121025122625-phpapp01
14144757 lic-project-manish-121025122625-phpapp0114144757 lic-project-manish-121025122625-phpapp01
14144757 lic-project-manish-121025122625-phpapp01
 
A STUDY ON EMPLOYEE'S TRAINING IN INSURANCE SECTOR (RELIABILITY ANALYSIS)
A STUDY ON EMPLOYEE'S TRAINING IN INSURANCE SECTOR (RELIABILITY ANALYSIS)A STUDY ON EMPLOYEE'S TRAINING IN INSURANCE SECTOR (RELIABILITY ANALYSIS)
A STUDY ON EMPLOYEE'S TRAINING IN INSURANCE SECTOR (RELIABILITY ANALYSIS)
 
Nature & scope of insurance and leading insurance
Nature & scope of insurance and leading insuranceNature & scope of insurance and leading insurance
Nature & scope of insurance and leading insurance
 
14144757 lic-project-manish
14144757 lic-project-manish14144757 lic-project-manish
14144757 lic-project-manish
 
Beacon insurance brokers pvt. ltd.
Beacon insurance brokers pvt. ltd.Beacon insurance brokers pvt. ltd.
Beacon insurance brokers pvt. ltd.
 
MAX NEW YORK LIFE INSORENSE
MAX NEW YORK LIFE INSORENSE MAX NEW YORK LIFE INSORENSE
MAX NEW YORK LIFE INSORENSE
 
Indian Insurance Sector
Indian Insurance SectorIndian Insurance Sector
Indian Insurance Sector
 
project-on-lic-india.pdf
project-on-lic-india.pdfproject-on-lic-india.pdf
project-on-lic-india.pdf
 
College certificate
College certificateCollege certificate
College certificate
 
Kotak mahindra life insurance project report on recruitment and selection pro...
Kotak mahindra life insurance project report on recruitment and selection pro...Kotak mahindra life insurance project report on recruitment and selection pro...
Kotak mahindra life insurance project report on recruitment and selection pro...
 
Roja project
Roja projectRoja project
Roja project
 
Executive summary
Executive summaryExecutive summary
Executive summary
 

Recently uploaded

NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 

Recently uploaded (20)

NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 

Recruitment and selection at Bharathi AXA

  • 1.
  • 2. A STUDY ON EFFECTIVENESS OF RECRUITMENT AND SELECTION PROCESS AT BHARTI AXA PRIVAE LTD
  • 3. INTERNAL GUIDE, Mr. E.Prem Kumar, Asst.Professor, Dept.of MBA, SV Colleges of Engineering, Tirupati. EXTERNAL GUIDE, Mr. K.Sudhakar, Deputy Manager, Bharti AXA LIC Ltd, Tirupati.
  • 4.  RECRUITMENT  SELECTION Recruitment is a process of searching for the prospective employee and stimulating them to apply for the job in an organization is called recruitment. It is also know as inviting the candidates to apply for the job in our organization. Selection means choosing the best and suitable candidate among the applicants. It is also know as placing the right person at right job.
  • 7. INDUSTRY PROFILE Definition: HOW INSURANCE WAS STARTED : Insurance was started in 3000 bc. The origins of modern, shall Insurance business as practiced to day can be traced to LLOYD`S COFFEE HOUSE in LONDON.
  • 9. • TRITAN GENERAL INSURANCE COMPANY LTD was the 1st GIC company started in INDIA. • This was established in the year 1950 in Kolkata. • GIC was introduced by British people in India. • The company name is INDIAN MERCHAINTAIL INSURANCE COMPANY LTD in 1907. • In 1971 the got takeover all these companies. • In India GIC ACT was started in 1972. • Then the GIC ACT came in to the force in 1st January 1973.
  • 10. GIC Central office – Pune. Agents – 9.88 lacks as on 31st march 2015. Divisional offices- 100. Branch offices – 2048. UNDER GIC THERE ARE 4 MAJOR COMPANIES IN INDIA COMPANY NAME HEAD OFFICE 1.National Insurance Company Ltd – Kolkata. 2.New India Assurance Company Ltd – Mumbai. 3.Oriental India Assurance Company Ltd – New Delhi. 4.United India Assurance Company Ltd – Chennai. THESE 4 COMPANIES HAVE: BRANCH OFFICES – 2699. DIVISIONAL OFFICES 1360. REGIONAL OFFICES – 92. IT HAS 7 ZONAL AREAS: 1.Mumbai. 2.Kolkata. 3.Delhi. 4.Chennai. 5.Hyderabad. 6.Kanpur. 7.Bhopal. ABOUT THE 4 MOJOR GIC COMPANIES IN INDIA
  • 11. This LIC was introduced by the British people in INDIA. In 1880. The ORIENTAL LIC was 1st LIC company established in INDIA at KOLKTA I in 1823. The BOMBAY LIC was established at MUMBAI in 1839. In the same year 1839 MADRASS EQUITABLE LIFE INSURANCE established at MADRASS . LIC act was formed in 1938. Till 1956, they have in 1ST SEP 1956. GOVT took over all these insurance companies. ABOUT LIC
  • 12. Bharti Axa Life Insurance is collaboration between Bharti Enterprises and AXA Group. Bharti AXA Life Insurance is a joint venture between Bharti, one of India’s leading business groups with interests in telecom, agric business and retail.  AXA, world leader in financial protection and wealth management.  Today, we have over 5200 employees across over 12 states in the country. Bharti AXA Life is a life insurance player that A Life is a life insurance player that was started in 2006.
  • 13. VISION AND VALUES:  Vision: To be a leader and the preferred company for financial protection and wealth management in India.  Values: Professionalism, Innovation, Team Spirit, and Integrity.
  • 15. • Key Achievements: • AXA Ranks no.1 Globally on net written Premiums', 2010 • AXA had US$ 107.9 billion in net written premiums in 2010. • Rocketed to No. 2 position as against No 6 at the end of last financial year amongst Pvt. Life Insurance cos., with a clear lead of Rs 240 Cr. • Fastest growing insurance company with 380% growth • Market share jumps almost 4 times from 0.95 % to 3.39 % amongst all life Insurance cos. • Increased its product portfolio from 7 to 19 simple and flexible products • Launched complete suite of employee benefit solutions (Group products for Corporate) • No.1 Pvt. Life Insurer FY 2006. Leading by RS. 78Cr. • No.1 Pvt. Life Insurer in Retail Business Leading by RS 339 Cr. • Up 0.2 from the previous year to command the position worlds leading insurer. • Have sold over 13,00,000 policies to satiated customers • Is backed by a network of 550 offices spanning the country • Accelerated Growth
  • 16. Competitors • The main competitors for Bharti AXA Life Insurance Co Ltd are: • Life Insurance Corporation of India • ICICI Prudential Life Insurance Co. Ltd • Birla Sun Life Insurance Co. Ltd • HDFC Standard Life Insurance Co. Ltd • INC Vysya Life Insurance Company Pvt. Ltd • Max New York Life Insurance Co. Ltd • Met Life India Insurance Company Put. Ltd. • Kotak Mahindra Old Mutual Life Insurance Limited • SBI Life Insurance Co. Ltd • Tata AIG Life Insurance Company Limited • Reliance Life Insurance Company Limit • Aviva Life Insurance Co. India Pvt. Ltd • Sahara India Life Insurance Co, Ltd • Shriram Life Insurance Cu, Ltd
  • 17. Sandeep Ghosh,(CEO). BOARD OF DIRECTORS Nagina is the Chief Human Resource Officer VineetPatni is the Chief Distribution Officer Rajeev is currently the Chief & Appointed Actuary
  • 19. Bharti Axa Insurance Plans Individual Plans Protection. E-Protects. Elite Secure. Premium Waiver Rider. Children's Plan. Bright Stars Edge. Power kid insurance Plan. Pension Plan. Pension Plans. Wonders Years Pension Plans Secure Plans. Wealth Creation With Protection. Guarantee Plans. Market linked plans. Future Invest. Health Plans. Triple Health Insurance Plans. Hospi Cash Benefit Rider. Group Plans Loan Secures. Accident Benefit Rider.