SlideShare ist ein Scribd-Unternehmen logo
1 von 25
Downloaden Sie, um offline zu lesen
Project On
Recruitment And On-Boarding
By:-
Afshan Naureen Khan
2k12mkt01
What is Life Insurance ?
A legal contract between two parties – One is
Insurer and other is Insured.
Insurer
Insurance company is the Insurer may be private
or government organization who pay benefits if
any damage occurs to insured life or properties.
Insured
A person whose interest are protected by an
insurance policy.
Company Profile
Reliance Life Insurance offers you products that fulfil your savings and protection needs. Its
aim is to emerge as a transnational Life Insurer of global scale and standard.
Reliance Life Insurance come under Reliance Capital and Reliance Capital is the part of
Reliance ADA Group.
Reliance Capital is one of India’s leading private sector financial services companies, and
ranks among the top 3 private sector financial services and banking companies.
Reliance Capital has interests in asset management and mutual funds, stock broking, life
and general insurance, reliance money and private equity and other activities in financial
services.
Reliance Group also has presence in Communications, Energy, Natural Resources, Media,
Entertainment, Healthcare and Infrastructure.
Shri. Anil D. Ambani was born on June 04, 1959 at Mumbai.
He did his schooling and graduation in Mumbai and thereafter
pursued his Masters of Business Administration from Wharton
Business School, USA.
Anil Dhirubhai Ambani is the Chairman of all listed Group
companies, namely:
Chairman
IPTV
DTH
Mobile
TV
NIS Sparta
Reliance ADA Group
New Growth
Areas
Natural Resources
Infrastructure
Harmony
Power Trading
Health
Insurance And
Healthplan Admin
Healthcare delivery
and Integrated
Health
EPC
Entertainment
Adlabs
Radio(FM)
New Intiatives
Energy
Generation
Transmision
Distribution
Healthcare
Informatics and
KPOGeneral Insurance
Money Consumer Health
Reliance World
Global Business
Communication Capital
Mutual Fund
Life Insurance
Personal Business
Enterprise
Business
Anil Dhirubhai Ambani Group
Founded: 1986
 Founder: Dhirubhai Ambani
 Headquarter: Mumbai, India
 Reliance Life Insurance Founded By Anil Ambani : 2006
 Reliance Life Insurance has over 700 branches and 1, 50,000 agents
 It offers 23 products covering savings, protection & investment requirements.
Revenue: Rs. 6,627 crore (US$1.2 billion) 2012
 Profit: Rs. 458 crore (US$84 million) 2012
 Employee: 11,000 (2011), 32,000 (2012)
Corporate Objective
A. life is different at every stage, life insurance must offer flexibility and
choice to go with that stage.
B. It is our aim to become one of the top private life insurance companies in
India .
Corporate Mission
“To set the standard in helping our customers manage their financial future”
Products of Reliance life Insurance
Life insurance products are designed to suit the requirements of customers . Fundamentally
the product provide for:
Risk cover
Investment
Health cover
Products
Reliance Term Plan
Reliance Whole Life Plan
Reliance Child Plan
Reliance Endowment Plan
Reliance Special Endowment Plan
Reliance Cash Flow Plan
Reliance Credit Guardian Plan
Reliance Special Credit Guardian Plan
Reliance “Unit Linked Plan” .
Recruitment & On - Boarding
A. Recruitment
is the process of searching for prospective employees and stimulating
them to apply for job in organization.
B. On -Boarding
is the process of integrating new hires in a company. It normally includes filing up
employment forms, orientation and training, and allotting employee codes, cards and work
stations.
Recruitment Process
Joining Kit Joining Tracker
Day of Joining
Base Data Form
C V Short listing
Call for Interview
First Interview
Second Interview
Third Interview
Rejected
Offer Mail
Selected
Head Office
Employee
Data Base
Employee
Data Base
Partial Kit
With
Joining Kit
Photo Copy
of Partial
Kit
Regional Office
Joining
complete
Primary And Secondary Objectives Of The Studies
1) Primary Objective
• To study the Recruitment and On-Boarding process for Sales Manager profile in Reliance
Life Insurance.
•To study the various sources of recruitment followed in RLIC.
•To search people whose skill fits into the company.
2) Secondary Objectives
•Was to learn how HR Manager source the candidates through Networking,
•Taking telephonic interviews,
•Scheduling interviews with Managers.
•How to do joining process.
My Job Profile In Reliance Life Insurance
In Reliance Life Insurance my responsibility started from:
1. Screening the candidate
Whether the candidate is having knowledge, Skill and Ability to efficiently and effectively
perform the job,
To check the criteria In Reliance Life Insurance (RLIC):
•Candidate should be a graduate.
•Should have a Work experience of min 2 years in sales or 1 year in sales (Insurance)
•Age should be a minimum of 28 and a maximum of 35.
2. Sourcing the candidate –
Secondly I select the candidate through :
1. Networking (naukri.com) ,
2. Taking telephonic interviews,
3. Scheduling interviews with Managers.
3. Scheduling Interview of the candidate
A) Generally 3 interviews are taken for the selection of a candidate.
•First interview is taken by a Branch Manager.
•Second interview is taken by the Regional manager.
•Finally Third interview is taken by Zonal HR Head. A HR head can reject any candidate
who has been selected in the first 2 interviews on the basis of educational qualification, work
experience, past criminal records and reference check. Final salary package is decided
during this interview.
B) There is an Interview assessment sheet. Whatever the Interviewer observes about the
interviewee is written in the IAS. The IAS Provides Following Entitlements:
•Name of the candidates
•Position Considered for
•Location
•Source/Reference
•Date
C) Interview Assessment
•Technical Strengths
•Behavioral Strengths
•Area Of Improvement
•Recommendation
•Compensation Solution Suggested
D) And the documents Interviewee carries with him/her at the time of the interview are:
•Interview assessment Sheet
•His / Her CV
•Reference check and address Verification
•General information Sheet
•Other Information Sheet
•Leadership Self Quiz
•Some Question Finances and Management Concepts
•Application Form For SM
•My Market 100
•Format for furnishing details of family and relatives employed in Reliance Life Insurance
Co. Ltd. if any.
•Letter Of authorization
•Previous Company Detail (offer letter, salary slip etc)
•Qualification certificates and Mark sheet
•Pan card
•Driving License
4. OFFERMAIL
After the interview an offer letter is released to the entire selected candidate. In this offer
letter all the details regarding joining are present. Generally an offer mail is floated before
two days of joining . The offer mail entitles the following details:
•Date of joining
•Day of joining
•Designation Of The candidates
•Package per annum
•Venue
Along with these, the selected candidates are asked to bring the following documents at the
time of joining:
•Resignation acceptance which should be signed and stamped by immediate boss
•Last Company appointment letter
•Last drawn Salary slip
•Pan Card If applied then Acknowledgement for the same.
•Identity prove: Driving license/ ration card/voter ID card/Passport
•10 Photographs with Dark blue background.
•Qualification certificates and mark sheet
•NOC of the previous company.
•Person should be aware of his blood group.
All the documents are mandatory to bring.
5 Joining process:-
Final Joining day in Reliance life Insurance is Tuesday and Friday. Jonnie has to fill two
forms on the day of joining. One form is Joining kit Booklet and one is online joining
Joining Booklet Kit
1) First I give joining booklet to the Candidate. They fill the manual Joining kit and submits
the self attached mandatory documents to me .
2) Then I verifies the documents submitted with the originals,
I write OSV (Original Seen and verified) and sign on the photocopies. If all
documents are OK, then I proceed for online joining.
CONTENT JOINING KIT BOOKLET
•Joining report
•Personal Information Form
•Information Released form
•Data Reference Check Form
•Salary Account Declaration
•Medical Insurance data
•I Card Form
•Requisition Form For E Mail
•Business Card Requisition
•Hardware Requisition Form
•Data Card Requisition Form
•PF/EPS Declaration/ Nomination Form
•PF Transfer Form
•Gratuity Nomination Form
•Superannuation Nomination Form
•Term Insurance Nomination Form
•CTC Allocation Plan
•Investment Declaration Form
•Data Ownership Undertaking
•IT security Policy Declaration
•Code Of Ethics Undertaking
•Specimen Signature Form
BASE DATA FORM :
It is an online form present on the official website of Reliance Life Insurance
(www.rclhrssg.com).
BASE DATA FORM
Following information is to be filled in this form:
•Name
•Gender
•Fathers name
•DOB, Place of Birth
•Aadhar Card no.
•Blood Group, Height, Weight
•Identification Mark
•Present & Permanent Address(Period of staying)
•Contact Number
•PAN
•E mail ID
•Place of posting
•Previous company details
•Family details
•Qualification information, etc.
1) “Submitted to” Select “Regional HR” & the Region as “ New Delhi/NCR” and then Press
“ Save & Next “ and continue to fill the joining Kit .
2) In case the page close in between , due to system / server issue then log in again through
same process and directly click on joining kit.
3) A page will open – Enter First name, Date of birth, Blood group and Date of joining and
press the search button.
4) The pages of the candidate’s joining will be retrieved and joinee can continue
filling the online joining kit from where it was discontinued.
5) Once BD No. is generated, I mail the scan of 4 documents along with the joining report to
HR to generate SAP Code.
6) Scan documents required :
•Pan Card/Acknowledgement of Pan card,
•Cancelled Cheque,
•Accepted copy of offer letter and
•Resignation acceptance from previous employer.
•10 passport photograph with dark blue background .
7) After online joining, I arrange the documents in the order mention in document check list and
place duly filled joining kit and send separately to HR on receiving SAP codes.
8) Joining Kit Evolution.
LIMITATIONS OF THE STUDY
•Some executives and managers was busy because of which they were unwilling to give a
clear picture of the system.
•Unwillingness and carelessness of candidates.
•Incomplete information given by candidates was difficult to access.
•Perception of worker’s towards management is not excellent.
• Difficult to study such a complex structure in such a small period.
•Diversity in views of management and workers, between workers and between management
people.
RECOMMENDATION
•Reliance Life Insurance should give more attention on its Quality and method of Recruitment
& Selection.
• Reliance Life Insurance should maintain the communication through feedback. They should
take time-to-time feedback regarding customer satisfaction to know about the customer
perception about their insurance products.
•Budget required for Recruitment & Selection Process must be economical
•Reliance Life Insurance should find out the factors for which the customers are purchasing
their policies.
•Reliance Life Insurance should provide all details related to any promotions, company schemes
and Packages at the time of Final Selection.
•The person conducting the Interview should make sure that candidate being interviewed shows
better ability to listen, understand and answer queries.
CONCLUTION
Reliance Life Insurance is a Sales oriented organization. Profile of Sales Manager is the
foundation rock of the organization. Acquiring and Retaining right talent at Sales Manager
position is a must for this organization to grow and fulfil their vision. Recruitment and On-
Boarding process has been given a lot of importance. Each stage varying from Manpower
planning to sourcing to interviewing candidates and making selected candidate join is well
defined and this helps Reliance Life Insurance to be proactive in their Talent Acquisition
process rather than reactive in nature.
As per the findings, Reliance Life Insurance was in sync with the industry standards. Though
it entered very late in Insurance industry but with their products and HR policies they are
able to attract talent from reputed organizations as well as young professionals and are able
to retain them for long time.
REFRENCES
•HUMAN RESOURCE MANAGEMENT V.S.P. Rao
•WWW.ALTAVISTA.COM
•WWW.AUTHORSTREAM.COM
•WWW.RECRUTINGBLOGS.COM
Sip ppts

Weitere ähnliche Inhalte

Was ist angesagt?

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
 
HOUSING SOCIETIES MANAGEMENT, ACCOUNTING, G.D.C.&A. and C.H.M. courses. SOCIE...
HOUSING SOCIETIES MANAGEMENT, ACCOUNTING, G.D.C.&A. and C.H.M. courses. SOCIE...HOUSING SOCIETIES MANAGEMENT, ACCOUNTING, G.D.C.&A. and C.H.M. courses. SOCIE...
HOUSING SOCIETIES MANAGEMENT, ACCOUNTING, G.D.C.&A. and C.H.M. courses. SOCIE...Adv Bornak B R
 
Insurance and social security (bpjs) type in indonesia
Insurance and social security (bpjs) type in indonesiaInsurance and social security (bpjs) type in indonesia
Insurance and social security (bpjs) type in indonesiaPT Cekindo Bisnis Grup
 
G.D.C.&A. and C.H.M.- JOB & CAREER ORIENTED GOVERNMENT COURSES.
G.D.C.&A. and C.H.M.- JOB & CAREER ORIENTED GOVERNMENT COURSES.G.D.C.&A. and C.H.M.- JOB & CAREER ORIENTED GOVERNMENT COURSES.
G.D.C.&A. and C.H.M.- JOB & CAREER ORIENTED GOVERNMENT COURSES.Adv Bornak B R
 
5778166 hdfc-standard-life-insurance-company-limited
5778166 hdfc-standard-life-insurance-company-limited5778166 hdfc-standard-life-insurance-company-limited
5778166 hdfc-standard-life-insurance-company-limitedPardeep Gupta
 
Findings and analysis of birla sun life
Findings and analysis of birla sun lifeFindings and analysis of birla sun life
Findings and analysis of birla sun lifeSwarnima Tiwari
 
A STUDY ON AWARENESS OF HEALTH INSURANCE PRODUCTS AND CLAIM SETTLEMENT PROCES...
A STUDY ON AWARENESS OF HEALTH INSURANCE PRODUCTS AND CLAIM SETTLEMENT PROCES...A STUDY ON AWARENESS OF HEALTH INSURANCE PRODUCTS AND CLAIM SETTLEMENT PROCES...
A STUDY ON AWARENESS OF HEALTH INSURANCE PRODUCTS AND CLAIM SETTLEMENT PROCES...mubarak999
 
Recruitment and selection at Bharathi AXA
Recruitment and selection at Bharathi AXARecruitment and selection at Bharathi AXA
Recruitment and selection at Bharathi AXAmadhavimandhireddy
 
Sip on underwriting process in reliance life insurance by adil khan
Sip on underwriting process in reliance life insurance by adil khanSip on underwriting process in reliance life insurance by adil khan
Sip on underwriting process in reliance life insurance by adil khanadil.khan36
 
Report on phoenix insurance company & insurance industry analysis
Report on phoenix insurance company & insurance industry analysisReport on phoenix insurance company & insurance industry analysis
Report on phoenix insurance company & insurance industry analysisNizamuddin Alamgir
 
A summer training project on
A summer training project onA summer training project on
A summer training project onAbha Gupta
 
A STUDY ON POLICY - HOLDERS SATISFACTION OF LIFE INSURANCE CORPORATION OF IND...
A STUDY ON POLICY - HOLDERS SATISFACTION OF LIFE INSURANCE CORPORATION OF IND...A STUDY ON POLICY - HOLDERS SATISFACTION OF LIFE INSURANCE CORPORATION OF IND...
A STUDY ON POLICY - HOLDERS SATISFACTION OF LIFE INSURANCE CORPORATION OF IND...IAEME Publication
 
CANARA BANK THIRD PARTY PRODUCTS
CANARA BANK THIRD PARTY PRODUCTSCANARA BANK THIRD PARTY PRODUCTS
CANARA BANK THIRD PARTY PRODUCTSAkash Kumar Saha
 
1. gdca best coaching & guidance
1. gdca best coaching & guidance1. gdca best coaching & guidance
1. gdca best coaching & guidanceiimetmumbai
 
Perception, Prospects & Problems of Insurance Industry: A Case Study on “Jan...
Perception, Prospects & Problems of Insurance Industry: A Case Study on  “Jan...Perception, Prospects & Problems of Insurance Industry: A Case Study on  “Jan...
Perception, Prospects & Problems of Insurance Industry: A Case Study on “Jan...Shihab Bin Kabir
 

Was ist angesagt? (20)

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
 
use of social media by CA must
 use of social media by CA must use of social media by CA must
use of social media by CA must
 
HOUSING SOCIETIES MANAGEMENT, ACCOUNTING, G.D.C.&A. and C.H.M. courses. SOCIE...
HOUSING SOCIETIES MANAGEMENT, ACCOUNTING, G.D.C.&A. and C.H.M. courses. SOCIE...HOUSING SOCIETIES MANAGEMENT, ACCOUNTING, G.D.C.&A. and C.H.M. courses. SOCIE...
HOUSING SOCIETIES MANAGEMENT, ACCOUNTING, G.D.C.&A. and C.H.M. courses. SOCIE...
 
Insurance and social security (bpjs) type in indonesia
Insurance and social security (bpjs) type in indonesiaInsurance and social security (bpjs) type in indonesia
Insurance and social security (bpjs) type in indonesia
 
G.D.C.&A. and C.H.M.- JOB & CAREER ORIENTED GOVERNMENT COURSES.
G.D.C.&A. and C.H.M.- JOB & CAREER ORIENTED GOVERNMENT COURSES.G.D.C.&A. and C.H.M.- JOB & CAREER ORIENTED GOVERNMENT COURSES.
G.D.C.&A. and C.H.M.- JOB & CAREER ORIENTED GOVERNMENT COURSES.
 
5778166 hdfc-standard-life-insurance-company-limited
5778166 hdfc-standard-life-insurance-company-limited5778166 hdfc-standard-life-insurance-company-limited
5778166 hdfc-standard-life-insurance-company-limited
 
Findings and analysis of birla sun life
Findings and analysis of birla sun lifeFindings and analysis of birla sun life
Findings and analysis of birla sun life
 
A STUDY ON AWARENESS OF HEALTH INSURANCE PRODUCTS AND CLAIM SETTLEMENT PROCES...
A STUDY ON AWARENESS OF HEALTH INSURANCE PRODUCTS AND CLAIM SETTLEMENT PROCES...A STUDY ON AWARENESS OF HEALTH INSURANCE PRODUCTS AND CLAIM SETTLEMENT PROCES...
A STUDY ON AWARENESS OF HEALTH INSURANCE PRODUCTS AND CLAIM SETTLEMENT PROCES...
 
kumar gautam
kumar gautamkumar gautam
kumar gautam
 
Recruitment and selection at Bharathi AXA
Recruitment and selection at Bharathi AXARecruitment and selection at Bharathi AXA
Recruitment and selection at Bharathi AXA
 
HDFC
HDFCHDFC
HDFC
 
Bharti axa
Bharti axaBharti axa
Bharti axa
 
Gdca broucher
Gdca broucherGdca broucher
Gdca broucher
 
Sip on underwriting process in reliance life insurance by adil khan
Sip on underwriting process in reliance life insurance by adil khanSip on underwriting process in reliance life insurance by adil khan
Sip on underwriting process in reliance life insurance by adil khan
 
Report on phoenix insurance company & insurance industry analysis
Report on phoenix insurance company & insurance industry analysisReport on phoenix insurance company & insurance industry analysis
Report on phoenix insurance company & insurance industry analysis
 
A summer training project on
A summer training project onA summer training project on
A summer training project on
 
A STUDY ON POLICY - HOLDERS SATISFACTION OF LIFE INSURANCE CORPORATION OF IND...
A STUDY ON POLICY - HOLDERS SATISFACTION OF LIFE INSURANCE CORPORATION OF IND...A STUDY ON POLICY - HOLDERS SATISFACTION OF LIFE INSURANCE CORPORATION OF IND...
A STUDY ON POLICY - HOLDERS SATISFACTION OF LIFE INSURANCE CORPORATION OF IND...
 
CANARA BANK THIRD PARTY PRODUCTS
CANARA BANK THIRD PARTY PRODUCTSCANARA BANK THIRD PARTY PRODUCTS
CANARA BANK THIRD PARTY PRODUCTS
 
1. gdca best coaching & guidance
1. gdca best coaching & guidance1. gdca best coaching & guidance
1. gdca best coaching & guidance
 
Perception, Prospects & Problems of Insurance Industry: A Case Study on “Jan...
Perception, Prospects & Problems of Insurance Industry: A Case Study on  “Jan...Perception, Prospects & Problems of Insurance Industry: A Case Study on  “Jan...
Perception, Prospects & Problems of Insurance Industry: A Case Study on “Jan...
 

Andere mochten auch

Recruiting Powerpoint
Recruiting PowerpointRecruiting Powerpoint
Recruiting PowerpointLouCroce
 
Presentation1.ppt ppm 03
Presentation1.ppt ppm 03Presentation1.ppt ppm 03
Presentation1.ppt ppm 03Swarnima Tiwari
 
presentation- Reliance
presentation- Reliancepresentation- Reliance
presentation- RelianceAmit Kumar
 
Company Recruitment Strategy
Company Recruitment  Strategy Company Recruitment  Strategy
Company Recruitment Strategy Stacey Kerr
 
S&op process template
S&op process templateS&op process template
S&op process templateLuke Lenahan
 
Power of Reliance Business
Power of Reliance BusinessPower of Reliance Business
Power of Reliance Businessvivekranaware
 
Recruitment Strategy
Recruitment StrategyRecruitment Strategy
Recruitment StrategySudha Koya
 
Presentation on reliance industries
Presentation on reliance industriesPresentation on reliance industries
Presentation on reliance industriesMudit Chandra
 

Andere mochten auch (9)

Recruiting Powerpoint
Recruiting PowerpointRecruiting Powerpoint
Recruiting Powerpoint
 
Presentation1.ppt ppm 03
Presentation1.ppt ppm 03Presentation1.ppt ppm 03
Presentation1.ppt ppm 03
 
presentation- Reliance
presentation- Reliancepresentation- Reliance
presentation- Reliance
 
Hr and payroll
Hr and payrollHr and payroll
Hr and payroll
 
Company Recruitment Strategy
Company Recruitment  Strategy Company Recruitment  Strategy
Company Recruitment Strategy
 
S&op process template
S&op process templateS&op process template
S&op process template
 
Power of Reliance Business
Power of Reliance BusinessPower of Reliance Business
Power of Reliance Business
 
Recruitment Strategy
Recruitment StrategyRecruitment Strategy
Recruitment Strategy
 
Presentation on reliance industries
Presentation on reliance industriesPresentation on reliance industries
Presentation on reliance industries
 

Ähnlich wie Sip ppts

Insurance Book
Insurance BookInsurance Book
Insurance BookNone!
 
IC-33 insurance sector
IC-33 insurance sectorIC-33 insurance sector
IC-33 insurance sectorsumit singh
 
Farmers insurance small business acquisition
Farmers insurance small business acquisitionFarmers insurance small business acquisition
Farmers insurance small business acquisitionFarmers Insurance
 
Farmers insurance small business opportunity
Farmers insurance small business opportunityFarmers insurance small business opportunity
Farmers insurance small business opportunityFarmers Insurance
 
Start Your Own Business with LIC
Start Your Own Business with LICStart Your Own Business with LIC
Start Your Own Business with LICLIC of India
 
From Protégé to Agency Ownership
From Protégé to Agency Ownership From Protégé to Agency Ownership
From Protégé to Agency Ownership Farmers Insurance
 
Recruitment And Selection At Hdfc
Recruitment And Selection At HdfcRecruitment And Selection At Hdfc
Recruitment And Selection At HdfcVinod Prajapat
 
The Farmers Agency Ownership Program Boise
The Farmers Agency Ownership Program   BoiseThe Farmers Agency Ownership Program   Boise
The Farmers Agency Ownership Program Boisefinl873
 
The farmers agency ownership program boise
The farmers agency ownership program   boiseThe farmers agency ownership program   boise
The farmers agency ownership program boisefinl873
 
The farmers agency ownership program boise
The farmers agency ownership program   boiseThe farmers agency ownership program   boise
The farmers agency ownership program boisefinl873
 
Abibl intro
Abibl introAbibl intro
Abibl introfoccin
 
Farmers insurance small business opportunity
Farmers insurance small business opportunityFarmers insurance small business opportunity
Farmers insurance small business opportunityFarmers Insurance
 

Ähnlich wie Sip ppts (20)

Insurance Book
Insurance BookInsurance Book
Insurance Book
 
IC-33 insurance sector
IC-33 insurance sectorIC-33 insurance sector
IC-33 insurance sector
 
Farmers insurance small business acquisition
Farmers insurance small business acquisitionFarmers insurance small business acquisition
Farmers insurance small business acquisition
 
HDFC project report
HDFC project reportHDFC project report
HDFC project report
 
Farmers insurance small business opportunity
Farmers insurance small business opportunityFarmers insurance small business opportunity
Farmers insurance small business opportunity
 
Start Your Own Business with LIC
Start Your Own Business with LICStart Your Own Business with LIC
Start Your Own Business with LIC
 
From Protégé to Agency Ownership
From Protégé to Agency Ownership From Protégé to Agency Ownership
From Protégé to Agency Ownership
 
Career As LIC Agent
Career As LIC AgentCareer As LIC Agent
Career As LIC Agent
 
Claim ppt
Claim pptClaim ppt
Claim ppt
 
Mfs credit rating
Mfs credit ratingMfs credit rating
Mfs credit rating
 
Recruitment And Selection At Hdfc
Recruitment And Selection At HdfcRecruitment And Selection At Hdfc
Recruitment And Selection At Hdfc
 
The Farmers Agency Ownership Program Boise
The Farmers Agency Ownership Program   BoiseThe Farmers Agency Ownership Program   Boise
The Farmers Agency Ownership Program Boise
 
The farmers agency ownership program boise
The farmers agency ownership program   boiseThe farmers agency ownership program   boise
The farmers agency ownership program boise
 
The farmers agency ownership program boise
The farmers agency ownership program   boiseThe farmers agency ownership program   boise
The farmers agency ownership program boise
 
Grow with farmers
Grow with farmers Grow with farmers
Grow with farmers
 
Abibl intro
Abibl introAbibl intro
Abibl intro
 
Abibl intro 4
Abibl intro 4Abibl intro 4
Abibl intro 4
 
Abibl intro
Abibl intro Abibl intro
Abibl intro
 
Claim ppt
Claim pptClaim ppt
Claim ppt
 
Farmers insurance small business opportunity
Farmers insurance small business opportunityFarmers insurance small business opportunity
Farmers insurance small business opportunity
 

Kürzlich hochgeladen

Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...mwangimwangi222
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxsonamyadav7097
 
Buy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxBuy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxPrecize Formely Leadoff
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?Stephen Perrenod
 
India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023SkillCircle
 
Stock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfStock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfMichael Silva
 
20240315 _E-Invoicing Digiteal. .pptx
20240315 _E-Invoicing Digiteal.    .pptx20240315 _E-Invoicing Digiteal.    .pptx
20240315 _E-Invoicing Digiteal. .pptxFinTech Belgium
 
What Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AIWhat Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AI360factors
 
Contracts with Interdependent Preferences
Contracts with Interdependent PreferencesContracts with Interdependent Preferences
Contracts with Interdependent PreferencesGRAPE
 
Stock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfStock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfMichael Silva
 
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdfAdnet Communications
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources PresentationAdnet Communications
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoCoinGecko
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.Arifa Saeed
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.KumarJayaraman3
 
Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707harshan90
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...Antonis Zairis
 
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxSlideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxOffice for National Statistics
 

Kürzlich hochgeladen (20)

Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
 
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptx
 
Buy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxBuy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptx
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?
 
India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023
 
Stock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfStock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdf
 
20240315 _E-Invoicing Digiteal. .pptx
20240315 _E-Invoicing Digiteal.    .pptx20240315 _E-Invoicing Digiteal.    .pptx
20240315 _E-Invoicing Digiteal. .pptx
 
Effects & Policies Of Bank Consolidation
Effects & Policies Of Bank ConsolidationEffects & Policies Of Bank Consolidation
Effects & Policies Of Bank Consolidation
 
What Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AIWhat Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AI
 
Contracts with Interdependent Preferences
Contracts with Interdependent PreferencesContracts with Interdependent Preferences
Contracts with Interdependent Preferences
 
Stock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfStock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdf
 
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
 
Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...
 
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxSlideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
 

Sip ppts

  • 1. Project On Recruitment And On-Boarding By:- Afshan Naureen Khan 2k12mkt01
  • 2. What is Life Insurance ? A legal contract between two parties – One is Insurer and other is Insured. Insurer Insurance company is the Insurer may be private or government organization who pay benefits if any damage occurs to insured life or properties. Insured A person whose interest are protected by an insurance policy.
  • 3. Company Profile Reliance Life Insurance offers you products that fulfil your savings and protection needs. Its aim is to emerge as a transnational Life Insurer of global scale and standard. Reliance Life Insurance come under Reliance Capital and Reliance Capital is the part of Reliance ADA Group. Reliance Capital is one of India’s leading private sector financial services companies, and ranks among the top 3 private sector financial services and banking companies. Reliance Capital has interests in asset management and mutual funds, stock broking, life and general insurance, reliance money and private equity and other activities in financial services. Reliance Group also has presence in Communications, Energy, Natural Resources, Media, Entertainment, Healthcare and Infrastructure.
  • 4. Shri. Anil D. Ambani was born on June 04, 1959 at Mumbai. He did his schooling and graduation in Mumbai and thereafter pursued his Masters of Business Administration from Wharton Business School, USA. Anil Dhirubhai Ambani is the Chairman of all listed Group companies, namely: Chairman
  • 5. IPTV DTH Mobile TV NIS Sparta Reliance ADA Group New Growth Areas Natural Resources Infrastructure Harmony Power Trading Health Insurance And Healthplan Admin Healthcare delivery and Integrated Health EPC Entertainment Adlabs Radio(FM) New Intiatives Energy Generation Transmision Distribution Healthcare Informatics and KPOGeneral Insurance Money Consumer Health Reliance World Global Business Communication Capital Mutual Fund Life Insurance Personal Business Enterprise Business
  • 6. Anil Dhirubhai Ambani Group Founded: 1986  Founder: Dhirubhai Ambani  Headquarter: Mumbai, India  Reliance Life Insurance Founded By Anil Ambani : 2006  Reliance Life Insurance has over 700 branches and 1, 50,000 agents  It offers 23 products covering savings, protection & investment requirements. Revenue: Rs. 6,627 crore (US$1.2 billion) 2012  Profit: Rs. 458 crore (US$84 million) 2012  Employee: 11,000 (2011), 32,000 (2012)
  • 7. Corporate Objective A. life is different at every stage, life insurance must offer flexibility and choice to go with that stage. B. It is our aim to become one of the top private life insurance companies in India . Corporate Mission “To set the standard in helping our customers manage their financial future”
  • 8. Products of Reliance life Insurance Life insurance products are designed to suit the requirements of customers . Fundamentally the product provide for: Risk cover Investment Health cover Products Reliance Term Plan Reliance Whole Life Plan Reliance Child Plan Reliance Endowment Plan Reliance Special Endowment Plan Reliance Cash Flow Plan Reliance Credit Guardian Plan Reliance Special Credit Guardian Plan Reliance “Unit Linked Plan” .
  • 9. Recruitment & On - Boarding A. Recruitment is the process of searching for prospective employees and stimulating them to apply for job in organization. B. On -Boarding is the process of integrating new hires in a company. It normally includes filing up employment forms, orientation and training, and allotting employee codes, cards and work stations.
  • 10. Recruitment Process Joining Kit Joining Tracker Day of Joining Base Data Form C V Short listing Call for Interview First Interview Second Interview Third Interview Rejected Offer Mail Selected Head Office Employee Data Base Employee Data Base Partial Kit With Joining Kit Photo Copy of Partial Kit Regional Office Joining complete
  • 11. Primary And Secondary Objectives Of The Studies 1) Primary Objective • To study the Recruitment and On-Boarding process for Sales Manager profile in Reliance Life Insurance. •To study the various sources of recruitment followed in RLIC. •To search people whose skill fits into the company. 2) Secondary Objectives •Was to learn how HR Manager source the candidates through Networking, •Taking telephonic interviews, •Scheduling interviews with Managers. •How to do joining process.
  • 12. My Job Profile In Reliance Life Insurance In Reliance Life Insurance my responsibility started from: 1. Screening the candidate Whether the candidate is having knowledge, Skill and Ability to efficiently and effectively perform the job, To check the criteria In Reliance Life Insurance (RLIC): •Candidate should be a graduate. •Should have a Work experience of min 2 years in sales or 1 year in sales (Insurance) •Age should be a minimum of 28 and a maximum of 35. 2. Sourcing the candidate – Secondly I select the candidate through : 1. Networking (naukri.com) , 2. Taking telephonic interviews, 3. Scheduling interviews with Managers.
  • 13. 3. Scheduling Interview of the candidate A) Generally 3 interviews are taken for the selection of a candidate. •First interview is taken by a Branch Manager. •Second interview is taken by the Regional manager. •Finally Third interview is taken by Zonal HR Head. A HR head can reject any candidate who has been selected in the first 2 interviews on the basis of educational qualification, work experience, past criminal records and reference check. Final salary package is decided during this interview. B) There is an Interview assessment sheet. Whatever the Interviewer observes about the interviewee is written in the IAS. The IAS Provides Following Entitlements: •Name of the candidates •Position Considered for •Location •Source/Reference •Date
  • 14. C) Interview Assessment •Technical Strengths •Behavioral Strengths •Area Of Improvement •Recommendation •Compensation Solution Suggested D) And the documents Interviewee carries with him/her at the time of the interview are: •Interview assessment Sheet •His / Her CV •Reference check and address Verification •General information Sheet •Other Information Sheet •Leadership Self Quiz •Some Question Finances and Management Concepts •Application Form For SM •My Market 100 •Format for furnishing details of family and relatives employed in Reliance Life Insurance Co. Ltd. if any. •Letter Of authorization
  • 15. •Previous Company Detail (offer letter, salary slip etc) •Qualification certificates and Mark sheet •Pan card •Driving License 4. OFFERMAIL After the interview an offer letter is released to the entire selected candidate. In this offer letter all the details regarding joining are present. Generally an offer mail is floated before two days of joining . The offer mail entitles the following details: •Date of joining •Day of joining •Designation Of The candidates •Package per annum •Venue Along with these, the selected candidates are asked to bring the following documents at the time of joining:
  • 16. •Resignation acceptance which should be signed and stamped by immediate boss •Last Company appointment letter •Last drawn Salary slip •Pan Card If applied then Acknowledgement for the same. •Identity prove: Driving license/ ration card/voter ID card/Passport •10 Photographs with Dark blue background. •Qualification certificates and mark sheet •NOC of the previous company. •Person should be aware of his blood group. All the documents are mandatory to bring. 5 Joining process:- Final Joining day in Reliance life Insurance is Tuesday and Friday. Jonnie has to fill two forms on the day of joining. One form is Joining kit Booklet and one is online joining Joining Booklet Kit 1) First I give joining booklet to the Candidate. They fill the manual Joining kit and submits the self attached mandatory documents to me .
  • 17. 2) Then I verifies the documents submitted with the originals, I write OSV (Original Seen and verified) and sign on the photocopies. If all documents are OK, then I proceed for online joining. CONTENT JOINING KIT BOOKLET •Joining report •Personal Information Form •Information Released form •Data Reference Check Form •Salary Account Declaration •Medical Insurance data •I Card Form •Requisition Form For E Mail •Business Card Requisition •Hardware Requisition Form •Data Card Requisition Form •PF/EPS Declaration/ Nomination Form •PF Transfer Form •Gratuity Nomination Form •Superannuation Nomination Form
  • 18. •Term Insurance Nomination Form •CTC Allocation Plan •Investment Declaration Form •Data Ownership Undertaking •IT security Policy Declaration •Code Of Ethics Undertaking •Specimen Signature Form BASE DATA FORM : It is an online form present on the official website of Reliance Life Insurance (www.rclhrssg.com). BASE DATA FORM Following information is to be filled in this form: •Name •Gender •Fathers name •DOB, Place of Birth
  • 19. •Aadhar Card no. •Blood Group, Height, Weight •Identification Mark •Present & Permanent Address(Period of staying) •Contact Number •PAN •E mail ID •Place of posting •Previous company details •Family details •Qualification information, etc. 1) “Submitted to” Select “Regional HR” & the Region as “ New Delhi/NCR” and then Press “ Save & Next “ and continue to fill the joining Kit . 2) In case the page close in between , due to system / server issue then log in again through same process and directly click on joining kit. 3) A page will open – Enter First name, Date of birth, Blood group and Date of joining and press the search button.
  • 20. 4) The pages of the candidate’s joining will be retrieved and joinee can continue filling the online joining kit from where it was discontinued. 5) Once BD No. is generated, I mail the scan of 4 documents along with the joining report to HR to generate SAP Code. 6) Scan documents required : •Pan Card/Acknowledgement of Pan card, •Cancelled Cheque, •Accepted copy of offer letter and •Resignation acceptance from previous employer. •10 passport photograph with dark blue background . 7) After online joining, I arrange the documents in the order mention in document check list and place duly filled joining kit and send separately to HR on receiving SAP codes. 8) Joining Kit Evolution.
  • 21. LIMITATIONS OF THE STUDY •Some executives and managers was busy because of which they were unwilling to give a clear picture of the system. •Unwillingness and carelessness of candidates. •Incomplete information given by candidates was difficult to access. •Perception of worker’s towards management is not excellent. • Difficult to study such a complex structure in such a small period. •Diversity in views of management and workers, between workers and between management people.
  • 22. RECOMMENDATION •Reliance Life Insurance should give more attention on its Quality and method of Recruitment & Selection. • Reliance Life Insurance should maintain the communication through feedback. They should take time-to-time feedback regarding customer satisfaction to know about the customer perception about their insurance products. •Budget required for Recruitment & Selection Process must be economical •Reliance Life Insurance should find out the factors for which the customers are purchasing their policies. •Reliance Life Insurance should provide all details related to any promotions, company schemes and Packages at the time of Final Selection. •The person conducting the Interview should make sure that candidate being interviewed shows better ability to listen, understand and answer queries.
  • 23. CONCLUTION Reliance Life Insurance is a Sales oriented organization. Profile of Sales Manager is the foundation rock of the organization. Acquiring and Retaining right talent at Sales Manager position is a must for this organization to grow and fulfil their vision. Recruitment and On- Boarding process has been given a lot of importance. Each stage varying from Manpower planning to sourcing to interviewing candidates and making selected candidate join is well defined and this helps Reliance Life Insurance to be proactive in their Talent Acquisition process rather than reactive in nature. As per the findings, Reliance Life Insurance was in sync with the industry standards. Though it entered very late in Insurance industry but with their products and HR policies they are able to attract talent from reputed organizations as well as young professionals and are able to retain them for long time.
  • 24. REFRENCES •HUMAN RESOURCE MANAGEMENT V.S.P. Rao •WWW.ALTAVISTA.COM •WWW.AUTHORSTREAM.COM •WWW.RECRUTINGBLOGS.COM