Cybersecurity Awareness Training Presentation v2024.03
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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. ď¨ RECRUITMENT ď¨ SELECTION
ďRecruitment is a process of
searching for the prospective
employee and stimulating them to
apply for the job in an organization is
called recruitment.
ďIt is also know as inviting the
candidates to apply for the job in
our organization.
ďśSelection means
choosing the best and
suitable candidate
among the applicants.
ďśIt is also know as
placing the right
person at right job.
7. INDUSTRY PROFILE
Definition:
HOW INSURANCE WAS STARTED :
ďąInsurance was started in 3000 bc.
ďąThe 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 â Pune.
Agents â 9.88 lacks as on 31st march 2015.
Divisional offices- 100.
Branch offices â 2048.
UNDER GIC THERE ARE 4 MAJOR COMPANIES IN INDIA
COMPANY NAME HEAD OFFICE
1.National Insurance Company Ltd â Kolkata.
2.New India Assurance Company Ltd â Mumbai.
3.Oriental India Assurance Company Ltd â New Delhi.
4.United India Assurance Company Ltd â Chennai.
THESE 4 COMPANIES HAVE:
BRANCH OFFICES â 2699.
DIVISIONAL OFFICES 1360.
REGIONAL OFFICES â 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. ďśThis LIC was introduced by the British people in INDIA. In 1880.
ďśThe ORIENTAL LIC was 1st LIC company established in INDIA at KOLKTA I in
1823.
ďśThe BOMBAY LIC was established at MUMBAI in 1839.
ďśIn the same year 1839 MADRASS EQUITABLE LIFE INSURANCE established at
MADRASS .
ďśLIC act was formed in 1938.
ďśTill 1956, they have in 1ST SEP 1956.
ďśGOVT took over all these insurance companies.
ABOUT LIC
12. ďąBharti Axa Life Insurance is collaboration between Bharti
Enterprises and AXA Group.
ďąBharti AXA Life Insurance is a joint venture between Bharti, one of
Indiaâs leading business groups with interests in telecom, agric
business and retail.
ďą AXA, world leader in financial protection and wealth
management.
ďą Today, we have over 5200 employees across over 12 states in the
country.
ďąBharti AXA Life is a life insurance player that A Life is a life
insurance player that was started in 2006.
13. VISION AND VALUES:
ď§ Vision:
To be a leader and the preferred company for
financial protection and wealth management in India.
ď§ 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