CAMPUS TALENT PROGRAMME CAMPUS TALENT PROGRAMME 2007 -082007 -08
ENSURANCE:ENSURANCE:
commit, deliver, earn, learn, growcommit, deliver, earn, learn, grow
Why Insurance sector?
Why Insurance sector?
Sunrise industry for private Insurers
Increasing awareness about the need of insurance
Huge market to be tapped
Ranks 3rd among all the private life insurance players
First private player to register net profit within 5 years
Market Leader in the Bancassurance segment
By March 2007, 6.4 million lives insured, the highest among Private Life Insurers
One of the best fund management expertise
Why SBI Life?
Brand Strength
Brand Appeal
Most Trusted Private Life Insurer (Source : The Economic Times- A.C. Nielson Survey of “Most Trusted Brands 2007”)
Ranked No.1 for Trust & Transparency(Source : Business World – “Most Respected Companies Survey”)
Advertising
SBI Life Pension Ad – “Old Boy” won Gold at Abby 2007.
SBI Life Pension ad – “Sister Act” won silver at Abby 2006
(Financial services category)
Financial Soundness
SBI Life has become the first life insurer in India to receive highest financial strength rating of AAA from CRISIL.
The AAA rating which CRISIL assigns is a clear assurance of SBI Life’s superior financial security and ability to meet its obligations to customers.
Financial Strength
SBI Life: 5 years of Steady SBI Life: 5 years of Steady GrowthGrowth
Premium Income
15 72226
601
1070.57
2928.48
0
500
1000
1500
2000
2500
3000
3500
2001-02 2002-03 2003-04 2004-05 2005-06 2006-07
Rs(
in C
rore
s)
Highest in Lives CoveredHighest in Lives Covered
0.18
4.7
13.92
25
43
65
0
10
20
30
40
50
60
70
2001-02 2002-03 2003-04 2004-05 2005-06 2006-07
Live
s co
vere
d (L
akhs
)
Association with trusted brands (SBI & Cardif)
Fast track career in a high growth industry
Cross-functional exposure
Opportunity for leadership and team management roles
Performance based reward system.
Top management support for young blood
What’s in it for youWhat’s in it for you
Distribution Channels Bancassurance Retail Agency and Institutional AlliancesCorporate Group Business
Back OfficeOperationsUnderwriting
ActuaryInvestments Finance & accountsIT HR and TrainingInternal AuditLegal & Compliance
Career OpportunitiesCareer Opportunities
Probation Period: 1 year
Induction as Management Trainee
Exhaustive Training - on the job, across all functions
Final deployment
As Assistant Manager on successful completion of one year probation period.
Schedule during training
Salary Component Amt per month
(Rs) Amt per
annum (Rs)
Total Monthly Salary (A) Salary shall include Basic Salary, House Rent Allowance, Conveyance & Special Allowance
30,395 3,64,744
Total Reimbursement (B) Reimbursements shall include Food (Coupons), Medical, Telephone & LTA
2,640 31,683
Total Retiral (C)
Retirement benefits shall include PF & Gratuity
2,381 28,573
Fixed Compensation (A+B+C) 35,417 425,000
Performance linked Variable Pay as per Company policy up to
1,48,750
Potential Annual Remuneration 5,74,000
on Cost to Company Basis
Remuneration
Verbal and Numerical Ability Test
Psychometric Test
Group Discussion
Personal Interviews
Selection Procedure
Those whoThose who
have unquestionable Integrity
have long term vision
have high commitment
are mobile
are driven to deliver
are adaptable
People we wantPeople we want
Meritocracy
Transparency and fairness
Role clarity
Career, not just job
Learning environment
Tolerance for honest mistakes
Breadth of portfolios - Meaty roles for those with a positive attitude and hunger for achievement and learning
SBI Life & You-What you can expect SBI Life & You-What you can expect from usfrom us
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