Bharti AXA Life Insurance Welcomes you. Introduction to Insurance industry –Insurance The Regulator Discovery of Bharti AXA The Joint Venture Bharti AXA.

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Presentation transcript:

Bharti AXA Life Insurance Welcomes you

Introduction to Insurance industry –Insurance The Regulator Discovery of Bharti AXA The Joint Venture Bharti AXA Opportunity As Project Trainee. What's in it for me? How it will help? Rewards & Recognitions. Steps towards becoming a PT? Agenda:

Insurance Regulatory & Development Authority The laws which regulate the business, –Insurance Act 1938 –The Insurance Regulatory & Development Authority Act 1999 –Life Insurance Corporation Act 1956 –General Business (Nationalization) Act 1972 The limit of the Foreign Direct Investment (FDI) in a life insurance joint venture is maximum 26%. The Regulator

About 2/3 rd of the Indian population is ‘insurable’! Source IRDA / CIA Population 109,53,51,995 crores as on July 2006 estimated The Opportunity

Source IRDA Journal We Indians are ‘natural savers’ The Opportunity

Is 30-40% Existing penetration ratios are very low High % of population is uninsured or underinsured Indians are natural Saver in the world Congratulation

Parentage

A True Success Story Man Behind Bharti

Bharti Enterprises Sunil Bharti Mittal Chairman and Managing Director of Bharti Group Bharti Enterprises is one of India’s leading business groups with interests in telecom, agri-business, financial services and retail.  Bharti Airtel  Bharti Teletech  Telecom Seychelles  Comviva Technologies Ltd  FieldFresh Foods Pvt. Ltd  Bharti Retail  Bharti AXA General Insurance  Bharti AXA Life Insurance  Bharti AXA Investment Managers  Centum Learning Limited  Jersey Airtel  Guernsey Airtel  Bharti Foundation  Bharti Realty  Bharti Infratel

Parentage

AXA AXA is one amongst the worldwide leaders in Financial Protection. AXA operates across Europe, North America and Asia/ Pacific. AustraliaNew ZealandHong KongChina Singapore Thailand IndonesiaPhilippines

Bharti  A trusted brand name  All India presence  Largest in the telecom industry  Strong financial base AXA  A trusted brand name  Global presence  Largest in the insurance industry (in terms of revenue)  Strong financial base The Giant Foundation

Bharti AXA Life Insurance Company  Bharti AXA Life Insurance is a joint venture between Bharti, one of India’s leading business groups with interests in telecom, agriculture business & retail, and AXA, world leader in financial protection and wealth management.  The joint venture company has a 74% stake from Bharti and 26% stake of AXA.  Bharti AXA Life Insurance Company Limited started operations in Dec  Bharti AXA Life is one of the newest and fastest growing life insurance companies in the country.

Bharti AXA Life Insurance Company  Bharti AXA Life is operating out of 140 branches PAN India, 292 ARCs,106 AEOs, 459 DSAs, 4245 BTTL retailers across the country.  LA base of more than 15,000 and DSF FO/FE base of more than 400 ARC – Airtel Relationship Centre AEO – Airtel exclusive outlet DSA – Direct sales agent BTTL – Bharti tele tech limited LA – Life advisor DSF – Direct sales force FO / FE – Field officer / executive *Source: Branch communication Pack March 2010

Our Vision To be a leader and the preferred company for financial protection and wealth management in India.

Our Values

Project Trainee Opportunity with Bharti AXA –Industry exposure –Career opportunity –Rewards and recognition –Project duration - 1 month to 4 month

The Project & Trainee Role The Project :- Streams available  Agency Sales In Agency Sales:  Distribution Build up Identify and recruit Prospective Life Advisor’s for Bharti AXA. Ensure the Life Advisor complete mandatory training & clear the examination Trainee Role :-

Project Trainee What’s in it for me? Certificates after the completion of 1 to 4 months (as agreed duration). High performing PTs can be absorbed by the Company for suitable positions, post successful completion of Graduation / Post Graduate. Fast track career progression with Bharti AXA. And..

What’s in it for me? Rs per Life Advisor Recruitment 5 and above Rs per Life Advisor Recruitment3 to 4 Rs. 500 per Life Advisor Recruitment1 to 2 No. of LA RecruitmentSlabs As per Bharti AXA LA Recruitment Process PT is Not Suppose sale policy by their own and they will not get any incentive or Commissions On business apart from above mention payout. This is paid on monthly basis

Next steps Submission of application Interview by the BSM and ADM Selection Welcome letter for each PT selected Remuneration as per the slab at the end of the project.

Contact Details Branch address: Bharti AXA Life Insurance Company Ltd. Contact Number: Mr. Stephen Nadar Agency Development Manager

Thank you