ICICI Prudential Life Insurance is a joint venture between ICICI Bank and Prudential plc. It has over 13,000 employees and offers a wide range of insurance products including term plans, wealth plans, child plans, health plans, and retirement plans. The company has maintained its dominant position among private life insurers in India and has a vision to be the dominant life, health, and pensions player built on trust and world-class service.
Hi Friends
This is supa bouy
I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
I will try to assist the best way I can.
Cheers to lyf…!!!
Supa Bouy
Hi Friends
This is supa bouy
I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
I will try to assist the best way I can.
Cheers to lyf…!!!
Supa Bouy
Kotak mahindra life insurance project report on recruitment and selection pro...Roneet Kumar
This project report is all about recruitment and selection process of Kotak mahindra life insurance. This is an summer internship project report made by me for the requirement of BBA Course.
Life insurance corporation of India provides wide range of life insurance products its your time to decide which one you want as we all know life is precious protect it by taking right insurance product.
Kotak mahindra life insurance project report on recruitment and selection pro...Roneet Kumar
This project report is all about recruitment and selection process of Kotak mahindra life insurance. This is an summer internship project report made by me for the requirement of BBA Course.
Life insurance corporation of India provides wide range of life insurance products its your time to decide which one you want as we all know life is precious protect it by taking right insurance product.
Amazon: Anything, Anywhere, Anytime // Customer Value SeriesLHBS
Experts predict that Amazon is going to become the most valuable company in the world this year. No other online retailer comes close to the e-commerce giant. With the introduction of Amazon Go, a new technology that provides a checkout-free shopping experience, the retailer is pushing further into the physical realm, setting new standards for the future of brick-and-mortar.
Amazon is striving to be “Earth’s Most Customer-Centric Company”. In this report we will shed light on how the e-tailer actually creates value for its customers in four interrelated but distinctive areas: core product innovation, added-value services, shopping experience and communication.
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At LHBS, we believe that brand or business strategies need to be prescriptive not just descriptive. A strategy needs to drive action through meaningful Customer Value Propositions. That’s why we work with our Customer Value Proposition Canvas as a navigation system for bringing strategy to life. We’ve created the Customer Value Series to analyze and share how leading companies bring their Customer Value Propositions to life through their core products, added value services, the customer journey and communication.
This issue highlights AMAZON.
We hope you enjoy this deck and are able to be inspired by it in your innovation process.
0601077 study the brand image of icici prudential life insuranceSupa Buoy
Hi Friends
This is supa bouy
I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
I will try to assist the best way I can.
Cheers to lyf…!!!
Supa Bouy
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
2. OVERVIEW
• ICICI Prudential Life Insurance Company is a joint
venture between ICICI Bank, a premier financial
powerhouse, and Prudential plc, a leading
international financial services group headquartered
in the United Kingdom. ICICI Prudential was amongst
the first private sector insurance companies to begin
operations in December 2000 after receiving
approval from Insurance Regulatory Development
Authority (IRDA).
3. • ICICI Prudential Life's capital stands at Rs. 4,793
crores (as of March 31, 2013) with ICICI Bank and
Prudential plc holding 74% and 26% stake
respectively. For the financial year 2013, the
company has garnered total premium of Rs 13,538
crores and has underwritten over 13 million policies
since inception. The company has assets held over
Rs. 74,000 crores as on March 31, 2013.
.
4. • For the past decade, ICICI Prudential Life Insurance
has maintained its dominant position (on new
business retail weighted basis) amongst private life
insurers in the country, with a wide range of flexible
products that meet the needs of the Indian customer
at every step in life.
5. VISION
• To be the dominant Life, Health and Pensions player
built on trust by world-class people and service.
• This we hope to achieve by:
• Understanding the needs of customers and offering
them superior products and service
• Leveraging technology to service customers quickly,
efficiently and conveniently
• Developing and implementing superior risk
management and investment strategies to offer
sustainable and stable returns to our policyholders
• Providing an enabling environment to foster growth
and learning for our employees
6. CONTD...
• And above all, building transparency in all our
dealings
• The success of the company will be founded in its
unflinching commitment to 5 core values -- Integrity,
Customer First, Boundaryless, Ownership and
Passion. Each of the values describe what the
company stands for, the qualities of our people and
the way we work.
• We do believe that we are on the threshold of an
exciting new opportunity, where we can play a
significant role in redefining and reshaping the
sector. Given the quality of our parentage and the
commitment of our team, there are no limits to our
growth.
7. VALUES
Every member of the ICICI Prudential team is
committed to 5 core values: Integrity, Customer First,
Boundaryless, Humility, and Passion. These values
shine forth in all we do, and have become the
keystones of our success.
8. RANGE OF PRODUCTS
• At ICICI Prudential Life, we understand that different
individuals have different needs.
• The ideal insurance plan is one that addresses the
exact insurance needs of the individual which
depends on the age and life stage of the individual
apart from a host of other factors.
• ICICI Prudential Life offers plans under the following
major need categories:
9. • Term plans
• Wealth plans
• Child plans
• Health plans
• Retirement plans
• Group plans
• Rural plans
10. AWARDS AND RECOGNITIONS
• ICICI Prudential Life Insurance has been pronounced winner in
the 2nd Excellence Awards and Recognition for Shared
Services, 2012. We won the award in the category - Shared
Services in India - Insurance Domain.
These awards have been instituted by All India Management
Association (AIMA) & Delhi Management Association (DMA),
in collaboration with Rvalue Consulting as knowledge
partners, to honour,recognize & promote trasformative
strategies for shared services.
11. • Bronze Effie in the Financial services category
for the campaign "Life Insurance in just 10
Minutes"
12. INVESTMENT PHILOSOPHY AND
STRATEGY
• As a life insurance company, we know that our
customers trust their monies with us for the long-
term, and hope to use these funds to protect and
achieve the dreams and aspirations of their families.
With this in mind, our investment focus is to ensure
long term Safety, Stability and Profitability of our
customer's funds. Our aim is to achieve superior
returns for a given level of risk. In order to meet this
objective, we have developed an investment
framework that is based on a sound investment
process coupled with a rigorous and sophisticated risk
management strategy.
13. CONTD...
Investment process
• Our investment management process relies on
analytics & research to achieve positive risk-
adjusted returns in each product category, be it
for child plans, retirement solutions or other
endowment-related funds. We clearly define an
asset allocation strategy that matches the risk
characteristics of the corresponding liability, or
put simply, we ensure that the promise we have
made to the customer will be met.
14. CONTD....
• Our investment management process relies on
analytics & research to achieve positive risk-adjusted
returns in each product category, be it for child plans,
retirement solutions or other endowment-related
funds. We clearly define an asset allocation strategy
that matches the risk characteristics of the
corresponding liability, or put simply, we ensure that
the promise we have made to the customer will be
met.
15. • The investment decision-making process has three
tiers, each of which has varying degrees of discretion
and considers detailed research in order to decide
the best portfolio composition. The emphasis is to
segregate the decision to buy a scrip from the
process of actually buying it, and thereby
institutionalize decision-making.
16. HR STRATEGIES
Judhajit Das, HR Head, strongly advocates
meritocracy and discusses how the insurance
industry is witnessing its next phase of calibrated
growth and expanding steadily – largely the
frontline sales level.
Following are the questions which are answered by
Mr. Judhajit Das in context to HR strategies of ICICI
Prudential:-
17. • What is your annual company turnover? We garnered a total
premium of R17,881 crore for the fiscal year ended March 31,
2011.
• What is your biggest CSR activity? At ICICI Prudential
Life Insurance, we are dedicated to helping and
supporting our communities and our citizens. Our
endeavour is to leverage our resources and expertise
towards activities that will benefit the society at large.
Our CSR initiatives are largely focused in the areas of
disaster relief, education, senior citizen welfare and
health. We also work closely with ICICI Foundation to
support various CSR initiatives
18. • We support volunteerism and also engage in a payroll
giving programme where the organisation matches the
contribution of employees in areas that are aligned to
the CSR focus of the company. The annual marathon in
Mumbai and Delhi, World Elder’s Day celebrations are
few of the CSR initiatives that we have been regularly
partnering.
• Describe your organisational culture in three
words? Our organisational values are – without
boundaries, integrity, humility, customers first and
passion. These values are reflected in every aspect of our
functioning.
19. • How many employees do you have? We have
around 13,200 employees currently.
• What is the average age of your workforce? The
average age of our workforce is around 31 years.
• How many vacancies do you have, on an
average, every month? We have around 2000
vacancies for this financial year. Apart from
this, we are also looking at replacement hiring
during the course of the year .
20. • What job vacancies do you find difficult to fill? We usually
find specialist positions in actuarial science difficult to fill.
• Your ideal employee in three words … Our ideal employee is
one who is an organisational citizen and is aligned to the
organisational values of passion, integrity, humility, customer
first and without boundaries.
• What academic qualification do you look for in your middle
managers? In terms of academic qualifications, we give
preference to graduates and people who have professional
qualifications such as an MBA, chartered accountancy and
actuarial sciences experts. The emphasis is on hiring for
attitude and training for skills.
21. • What is your preferred method of finding new employees?
Choose two from this list: head hunter, newspaper ad, job
portal, word of mouth, internal search While we use a variety
of channels for recruitment, we prefer the referral system to
shortlist prospective employees.
• What time do you start and finish business? Our office
timings are from 9.15 am to 5.45 pm.
• How many years has your oldest employee served? We
started our operations about 10 years ago. Our oldest
employees have been with us since inception and have
completed 10 years with us. More than 50% of our senior
management have been with us for more than eight years.
22. • Do you have a five-day or six-day week? We have a five-day week
at the corporate office and a five-anda- half-day week in all our
branch offices.
• How many days annual, sick and casual leave do you grant? We
grant a privilege leave of 28 working days and 15 sick leaves How
many women do you employ? We have over 2100 women as part
of our workforce currently.
• What is one distinguishing feature of your office in terms of
architecture and space? We have always encouraged an open
office architecture wherein people can interact and exchange ideas
across teams. Moreover, this ensures that the senior management
is easily accessible to other employees and that accessibility and
interactive engagement is not compromised.
23. • What is your retention strategy? Our retention strategy is focussed
on creating a clear value proposition for our employees based on
long-term growth and learning. We strongly advocate meritocracy
and foster an organisational environment where every employee
can learn, grow and build a stable and long term career with us.
• Do you have any innovative employment policies? We have always
endeavoured to create employment policies that are flexible to
accommodate an employee’s needs and special circumstances. Our
policies around sabbatical leaves, maternity leaves and part-time
employment are tailored to meet the specific needs of an
employee. Employees are allowed periods of extended leave or a
“sabbatical” for reasons of health, parenthood, family/personal
exigencies or any other reason up to a maximum of one year
24. • We also offer employees the option of restricted working
hours for reasons of health or personal exigencies. These may
include employees who work in the premises of the company
or elsewhere, depending on the need and type of the job.
Also, all women employees are eligible for a paid maternity
leave entitlement of 180 days.
• What is the current hiring trend in your industry? The life
insurance industry has undergone a transition over the last
year and emerged stronger from it. The industry is witnessing
its next phase of calibrated growth and we are seeing insurers
steadily expanding – largely at the frontline sales level.