Now Recruiting: IDBI Federal

IDBI Federal life Insurance company Ltd invites you for the recruitment program 2018-2019 wide details are as follows.

A BRIEF ABOUT THE COMPANY:

IDBI is the first mover and rated as market leader in the top 10 trustworthy insurance companies.

Comprising of an energetic, enthusiastic, and creative team, IDBI team has expanded within a short span of time to a team of about 1000+ people and achieved break-even point in just five years, growing further at a very aggressive rate on weekly basis. Over the past several years, IDBI has had the privilege of hiring many graduates through placements from different colleges. Currently we have openings that may be of interest to your graduating students.

The locations would be Erode. Currently, we have bulk openings of 85 for the role but in case we find exceptional talent and participation, we could go up to 100 in number.

JOB PROFILE:

We are recruiting for Advisor role and test you on your knowledge, skills and attitude. We are very excited about the potential of you and your experience being brought to our table.

TRAINING TARGET:200000/-

TRAINING STIPEND:45000/-(Based on performance).

An advisor needs to achieve the defined criteria to progress to become an Agency Leader and to progress to higher levels of leader as Senior Agency Leader / Group agency leader in his/her career path.

An Agency Leader (All/SAL/GAL) will be eligible for performance based fixed as well as variable pay-out as listed below:

1.Fixed Salary 49,000 PA + Productivity bonus depends on team performance

2.Monthly Active NLA Allowance

3.Monthly Production Bonus

4.Monthly Advisor Activation Allowance

5.Indirect Team QPB for SAL/GAL(indirect team L1 and L2- Quaterly)

6.Self-Source Business Pay-Out

GOAL SHEET FOR AGENCY LEADERS:

Its mandatory to achieve the target month on month, if they miss to achieve the target, they will get variable incentives.

MONTHLY TEAM TARGET: 100000/-

BASIC: 4132/-

PRODUCTIVITY FOR PERFORMANCE: 19600/-

TOTAL INCOME(BASIC + INCENTIVE): RS.23732/-

As part of project, we train on learning corporate work culture and skills development

A) Project Function Area : HR(recruiting)/sales and marketing

B) Project Period : 90days

C) Selection Methodology : career presentation seminar

•Written test

•Group discussion 

•Personal interview

D) Training : IC 38, Company Products, insurance basics, financial need analysis, KYC and AML and other related aspects.

E) Award And Certificates : Performance based Awards and certificates

F) Certificates : Product training completion

•Certificate IC38 exam pass certificate

•Project completion certificate

JOINING PROCESS:

In order to work in insurance industry, initial step would be clearance of IRDA EXAM. Exam fee of 600/- to pay as DD in favour of IDBI FEDERAL LIFE INSURANCE CO LTD-IRDA TRAINING payable at MUMBAI.

Selected students need to submit below mentioned documents as xerox

1. 10th Marksheet

2. 12th Marksheet

3. UG/PG Marksheet

4. Aadhar Card

5.Pan Card

6.Bank Passbook

7.Passport Size Photo

Note: Spot group offer letter will be provided for selected students.

We would greatly appreciate your consideration in posting these positions on your placement board. IDBI federal offer equal employment opportunities to all individuals regardless of race, colour, religion, sex, age, national origin, marital status and any other characteristics protected by law.

Thanks and regards

M B SAI Nikhil,

Sr. Agency Leader,

Mobile Number: 8142627162

Mail ID: sainikhil.babu@idbifederal.com

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