Mizzle Job Offer

Mizzle Glorious
Marketing Pvt.Ltd.
(Plot No. 378, Jagriti nager Colony ,Manduadih, Varanasi)
Contact no-09235103839, 09305938065
E-mail-mizzlehr@in.com

Reg No. – U74999UP2005PTC030183

---------------------------------------------------------------------------------
Hi Dear,

Insurance: Overview
Did you know that some of the hottest jobs in finance aren't on Wall Street at all? These are jobs in
insurance. Insurance is a trillion dollar business that employs more than 2.5 million people in the United
States alone. As the population ages and wealth grows, the demand for insurance professionals will increase
dramatically. This is great news for you if your thinking of going in to insurance. Jobs in insurance involve
helping individuals and business manage risk to protect themselves from catastrophic losses and to
anticipate potential risk problems. Work in this area is not only personally rewarding, but can be financially
rewarding as well. You will help clients understand their insurance needs, explain their options to them and
hopefully help them purchase appropriate insurance policies. You could work in a variety of areas in
insurance including as an underwriter, a sales representative, an asset manager, a customer service rep or
an actuary. A theme that is constantly emphasized by insurance professionals is that the industry is
ultimately about helping people when they need it the most. The stereotype of a slick, sleazy, fast-talking
insurance salesman is largely a figment of the past.

Thanks to Dr. Norma Nielson, Mr. Malott Nyhart, Dr. Bob Puelz and
Dr. Michael P. Smith for making suggestions and contributions to our
section on careers in insurance.

Why I need Insurance
Life Insurance is a contract by which you can protect yourself against specific losses by paying a premium
over a period of time. Since each one of us, during our lives are faced with numerous risks – failing health,
financial losses, accidents and even fatalities, our instinct drives us to cover ourselves against those risks.

We understand the Value of Professionals

Though an insurance cover can’t protect you against the emotional losses arising out of these risks, it
softens the economic crisis that usually accompanies these losses.

Life Insurance gains much more value if you are a nuclear family. Unlike in the traditional joint family
system, in a nuclear family, support from the extended family cannot be counted upon. So it is vital that
you have an insurance cover as the protective shield against unfortunate losses.

And it’s not only your life you could insure against those risks. With the Insurance Industry going through
positive changes in the last few decades, now, you have a variety of risk coverage options. For instance,
products in the market range from whole life insurance to covering risks associated with home loans.

What’s more, now you could choose life insurance as an investment option, the returns of which you can
enjoy at the most critical phases of your life – for instance, at the time of your child’s admission into one of
those dream institutes.

And the insurance industry is constantly evolving. So, you now have a wider option of insurers – presenting
you with products that not only cover those risks, but also act as wealth accumulation or investment
avenues, which, you should definitely avail of.

Whether you are new to insurance, or an informed customer, you could always get valuable information
from us. We have attempted to cover this site with some comprehensive information on life insurance.
However, do not hesitate to leave a note for our Financial Advisors. Not only they could provide you with the
additional information you might be looking for, they can also help you assess your life insurance needs and
invest wisely.

Myths of Insurance
There are some myths that are associated with Insurance. To choose insurance as a good investment, you
need to be informed about these myths.

Insurance is for Saving Tax
The primary function of life insurance is to cover you against sudden losses arising out of sudden death or
liability. Unlike other investment options like the Public Provident Fund or other small savings schemes like
post office deposits and national savings certificates that offers tax benefits by way of deductions from the
Gross total income under Section 80C of the Income Tax Act, 1961 subject to the conditions given therein.
Insurance not only cover you or your family against specific sudden losses but also works as a tax saving
investment vehicle.

Insurance, primarily offers you complete security arising out of risk coverage against the uncertainties of
life. And secondarily serves you as a good investment option and tax saving tool. Hence, as an instrument,
life insurance offers you the ideal blend of risk cover, returns and tax benefits.

* Tax benefits are subject to changes in the tax laws in future; please consult your tax advisor for more details.


DEAL IN,
• Reliance Life Insurance.
• Aviva Life Insurance.
• Bajaj Allianz Life Insurance.
• Birla Sun Life Insurance.
• TATA AIG Life Insurance.
• HDFC Standard Life Insurance.
• Max New York Life Insurance.
• Kotak Life Insurance.
• Met Life Insurance.
• ING Life Insurance.
• ICICI Prudential Life Insurance.
• SBI Life Insurance.
• Bharti AXA Life Insurance.
• LIC.
• IDBI Fortis Life Insurance.
• Future Generali Life Insurance.
• Shriram Life Insurance.
• AEGON Religare Life Insurance.
• Reliance General Insurance.
• ICICI Lombard General Insurance.
• Bajaj Allianz General Insurance.
• TATA AIG General Insurance.
• New India Assurance.
• National Assurance Co.
• The Oriental Fire Assurance.
• IFCO TOKIO Insurance.


INSURANCE CAREER START-
 SALES EXECUTIVE-
Annual Package 3,00,000/-
Salary&Incentive-25,000/- per month.
(TARGET-1,50,000/- premium per month.)
(Reward-Your next promotion as a Sales Manager,Login only 3
lac’s premium.)

SALARY ANNEXURE

SALARY STRUCTURE AMT. (RS.)

CTC 12,500.00
EARNINGS
Basic 6,000.00
H.R.A. 3,000.00
City Compensatory Allowance 1,500.00
Medical Reimburshment 125.00
P.F. 720.00
ESIC 285.00
Helper Reimburshment 416.00
Transport Allowance 66.00
Others/Bonus/Incentive Encashment 388.00
GROSS SALARY 12,500.00

EMPLOYEES DEDUCTION
P.F. 720.00
ESIC 285.00
Professional Tax -
TOTAL DEDUCTIONS 1005.00

NET IN HAND 11495.00


Basic Salary Fraction for Sales Executives-
Sales Executive will get his basic salary when he will achieve 60% of his monthly target. As
define by the company in offer letter.

Since as a policy matter we have decided during probation period of first three months, if any SE
achieves 50% of his monthly target will be entitle to get his basic monthly salary. Thereafter
salary will release as per terms of offer letter

Incentives will be paid to only qualifier Sales Executives on over achievement of business after
completing 60% of monthly target.Sales Executive is entitle to get an incentive @ 16.67% on
premium collection amount as per terms of offer letter.

 SALES MANAGER-
Salary &Incentive -50,000/-per month.
(TARGET-7.5 Lakhs premium per month.target achieved through SE’s)
REWARD-Maruti Zen car (worth Rs.3,00,000/-) after login 90
Lakhs premium in 9 month’s.
SALARY ANNEXURE


CTC 25,000.00
EARNINGS
Basic 12,000.00
H.R.A. 6,000.00
Medical Reimbursement 750.00
P.F. 1,440.00
ESIC 570.00
Others/Bonus/Incentive 840.00
Encashment

EMPLOYEES DEDUCTION
P.F. 1,440.00
ESIC 570.00
Professional Tax -
TOTAL DEDUCTIONS 2,010.00


NET IN HAND 22,990.00

Sales Manager will get his basic salary when he will achieve minimum 60% of his monthly
target. As define by the company in offer letter.

Since as a policy matter we have decided during probation period of first three months, if any
SM achieves 50% of his monthly target will be entitle to get his basic monthly salary. Thereafter
salary will release as per terms of offer letter

Incentives will be paid to only qualifier Sales Manager on over achievement of business after
completing 60% of monthly target.Sales Manager is entitle to get an incentive @ 8% on

 BRANCH MANAGER-
Salary &Incentive - 1,00,000/- per month.
(TARGET-25 Lacs premium per month. target achieved through SM’s)
REWARD- Hyundai - i20 - Magna (worth Rs. 5,58,550/-) after login 3
crore’s premium in 9 month’s.
SALARY ANNEXURE


CTC 50,000.00
EARNINGS
Basic 24,000.00
H.R.A. 12,000.00
Medical Reimbursement 1,500.00
P.F. 2,880.00
ESIC 1,140.00
Others/Bonus/Incentive Encashment 1,680.00

EMPLOYEES DEDUCTION
P.F. 2,880.00
ESIC 432.00


Professional Tax -
TOTAL DEDUCTIONS 3,312.00

NET IN HAND 46,688.00


Basic Salary Fraction for Branch Manager-
Branch Manager will get his basic salary when he will achieve 60% of his monthly target. As define by
the company in offer letter.
Since as a policy matter we have decided during probation period of first three months, if any BM
achieves 50% of his monthly target will be entitle to get his basic monthly salary. Thereafter salary will
release as per terms of offer letter.

Incentives will be paid to only qualifier Branch Manager on over achievement of business after
completing 60% of monthly target. Branch Manager is entitle to get an incentive @ 4% on premium
collection amount as per terms of offer letter.

 ZONAL MANAGER-
Salary & Incentive-3,00,000/-per month.
(TARGET-1 Crore premium per month. target achieved through BM’s)
REWARD- Hyundai Verna xxi (worth Rs. 7,83,652/-) after login 12 crore’s
premium in 9 month’s.

Basic Salary Fraction for Zonal Manager-
SALES DIRECTOR-
• Annual Package 1,20,00,000/-
Zonal Manager will get his basic salary when he will achieve 60% of his monthly target. As define by the the
company in offer letter.

Since as a policy incentive -10,00,000/-per month. first three months, if any ZM achieves
Salary& matter we have decided during probation period of
50%(TARGET-25 Crore’s premium to getmonth. target achieved through RD’s)
of his monthly target will be entitle per his basic monthly salary. Thereafter salary will release as
per terms of offer letter.
REWARD- Honda-Civic-Hybrid-CVT (worth Rs. 14,65,693/-) after login 300 crore’s
Incentives will be paid to only qualifier Zonal Manager on over achievement of business after completion 60
60% of monthly target. Zonal Manager is entitle to get an incentive @ 3% on premium collection amount as
per terms of offer letter.
Basic Salary Fraction for Sales Director-
Sales Director will get his basic salary when he will achieve 60% of his monthly target. As define by the
company in offer letter.

Since as a policy matter we have decided during probation period of first three months, if any SD
achieves 50% of his monthly target will be entitle to get his basic monthly salary. Thereafter salary will
release as per terms of offer letter.

Incentives will be paid to only qualifier SD on over achievement of business after completing
monthly 60% of target. SD is entitle to get an incentive @ 0.40% on premium collection amount
as per terms of offer letter.

 REGIONAL DIRECTOR-

• Annual Package 60,00,000/-
Salary & Incentive -5,00,000/-per month.
(TARGET-5 Crore’s premium per month. target achieved through ZM’s)
REWARD- Mitsubishi-Cedia-Sports (worth Rs. 10,92,950/-) after login 60 crore
 VICE-PRESIDENT-

Annual Package 2,40,00,000/-
Salary& incentive-20,00,000/-per month.
(TARGET-100 Crore’s premium per month.target achieved through SD’s)
REWARD- BMW 5 - Series 530i (worth Rs. 45,20,000/-) after login 1200 crore’s
Premium’s in 9 month’s.


Basic Salary Fraction for Vice-President-
Vice-President will get his basic salary when he will achieve 60% of his monthly target. As
define by the company in offer letter.
Since as a policy matter we have decided during probation period of first three months, if
any VP achieves 50% of his monthly target will be entitle to get his basic monthly salary.
Thereafter salary will release as per terms of offer letter.

Incentives will be paid to only qualifier VP on over achievement of business after
completing 60% of monthly target. VP is entitle to get an incentive @ 0.20% on

TERMS AND CONDITIONS: -

That the payments of Salary and Incentive will be paid by the company from time to time is as
under,
a) In case of achievements of the targets Salary and the Incentive both will be payable.
b) The Payment of Salary will be paid proportionately in the case of non achievements of
the targets fixed by the company from time to time.
c) The Payment of Incentive will only be paid only on achievements of the targets of the
company from time to time.

The Incentive Calculation will be made on following basis:
• From 1st to 15th of the Month: Payable on 7th of the following Month.
From 16th to 31st of the Month: Payable on 7th of Next to the following Month.

• All work performance will be count on all of two bases and it should be 100 % but performance can
be adjusted from one to another base for e.g.: such as if percentage of new joining is less than
percentage of other performance should be more.

• If there are regularly three months performances less than 100 % but not less than 50% then first
three months basic salary will be provided in as per ratio of percentage of work performance if work
performance is more than 100 % then additional incentive will be provided as per circular.

• Only two monthly leaves will be provided and additional twelve yearly leaves can be taken as
gazette/ festival holiday.

• Salary will de deducted on other leaves and double salary will be deducted if leave is taken without
any intimation to Corporate Office / senior.

• Daily work report and tour program will be maintained by H.O. it self. Tour program will be sent to
Corporate Office / senior fortnightly for approval.

• All other decision for development of team approved after report by H.O.

• You will be on probation for a period of six months from the date of joining the management may its
discretion, extend your probation period either during your service or at the end of your original or
extended period (s).


• The management may transfer your services at any regional or branch. Office of the organization
whether at present in existence or which may be set up in future?

• The management may expect you to work with diligence, Integrity and a high standard if initiative,
efficiency and economy. You will confirm to such duties, directions and instructions assigned or
communicated to you by the management and superior.

• Your services will come to an end automatically on expiry of the probation period, if no confirmation
letter issued by the management.

• The management will issue a confirmation letter to you on the basis of your satisfactory services
during probation period.

• After confirmation, your services are liable to termination at one month’s notice or payment in lieu
thereof. You shall give similar notice on resignation or forfeit one month’s salary.

• You shall neither divulge nor disclose to any unauthorized person during the period of your services
or even afterwards by word of mouth or otherwise, particulars or details of the organization’s
operation process, administrative or organizational matters of a confidential / secret nature, which
may be your privilege to know by virtue of your being the organization’s employee.

• You shall keep confidential all the information’s and materials provided to you by the organization or
by its clients concerning their affairs, in order to enable the organization shall remain even on
termination or cancellation of this employment.

• You will not enter into any commitments or dealings on behalf of the organization for which you have
no express authority nor alter or be a party to any alteration of any principle or policy of the
organization or exceed the authority or discretion vested in you without the prior sanction of
management or those in authority over you.

• You will be responsible for safe keeping and return in good conditions and order of all properties of
the organization in your possession, the management will have a right to assess on its own basis and
recover the damage of proper in event of your failure to account for such material or property to its
satisfaction.

• You will devote your entire time and attention on the work of the organization and will not undertake
any direct/indirect business or work honorary or remunerator except with the written permission of
the management in each case.

Contravention of this will lead to the termination of your service without any notice or any
compensation lieu of such notice.

• The service rules and regulations including conduct, discipline and administrative order will cover you
and such other rules or order of the management that come in force from time to time.

• In the event of any misconduct and ignorance of rules & regulations, the management reserves the
right to take appropriate disciplinary action as it may deem fit.

for a leading insurance company AT BIHAR, JHARKHAND, UTTAR PRADESH, UTTRANCHAL, KOLKATA,
PUNJAB, ORISSA, GUJRAT, HIMACHAL PRADESH, DELHI, Locations.

The company has decided to open its branches in all above location on urgent basis hence send us

your updated C.V. through mail ASAP.at- mizzlehr@in.com


We would contact you very soon.
Looking forward to serve you better!

Thanks with Best Regards!


Mizzle Job Offer

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