Professional Documents
Culture Documents
HR Policy
HR Policy
Gaurav D. Garg is the Managing Director & CEO, Tata AIG General Insurance Co. Ltd.
Mr. Suresh Mahalingam, (M. Suresh) , MD, Tata AIG Life Insurance Company.
Financial Advisors
Sources of Recruitment
Placement Agencies and Consultants
Campus Recruitments Off-campus Recruitments Internal Job Postings Promotions(existing employees) Moving across verticals(existing employees)
Selection Process
There is a screening process based on the resumes of applicants followed by group discussion and personal interview.
Types of Employees
TATA AIG has both permanent employees as well employees on contract basis.
Both are on company pay rolls.
Company employs financial advisors who are not on company pay roll but work on commission basis.
Sales & Distribution Customer Service Branch and Centralized Operations Underwriting & Actuarial Functions Claims IT Marketing & Communications Finance & Accounts / Legal Human Resources and Training & Development
Compensation of Employees
Basic- 30% of annual salary Bonus(yearly) HRA Medical Allowance
Conveyance Allowance
Other Allowance(Food, mobile phone bills, etc.)
employees.
Functional programs- for expertise in respective domain. Talent Acceleration programs- improving soft skills
Eligibility Criteria: voluntarily by self nomination or when nominated by the branch managers. Duration: Monthly or Quarterly or Weekly depending upon product and requirement. E-learning courses and Insurance Institute of India courses. Career progression programmes Leadership Development ladder
Motivating Employees
Motivational training programmes
Providing Incentives Recognition to employees Providing sponsored holidays for employees
Individuals, Teams on a Monthly, Quarterly & Annual basis as well as SPOT Recognition. recipients are acknowledged for their contribution though Awards and citations displayed on the "Wall of Fame" at all the branches.
Grievance Redressal
There is no proper grievance cell but they have a Disputes Settlement Department within the organization which looks after
programmes for employees as well as their family members. Performance based appraisal Performance based work culture Provides work-life balance
between men and women while employing people. Men as well as women are considered equally even if a particular job is very challenging and difficult. It also provides employment to physically disabled people.
Conclusion
Tata AIG offers exciting opportunities to learn, contribute and build careers. As a leading name in the fast-paced insurance industry, they are constantly growing and are always in search of bright talent across all levels. The Company's philosophy is strongly oriented to developing talent through larger and more enriching assignments. They recognize potential and consistent performance and their dynamic corporate culture can be summed up as Work hard, play hard.