INSURANCE:

commit, deliver more, earn more,

learn more, grow more …

CAMPUS TALENT PROGRAMME 2008 -09

 Why Insurance sector?

 Sunrise industry for private insurers

 Increasing awareness about the need for

insurance

 Huge market to be tapped

 Why SBI Life
 Ranks 3rd among all the private life insurance players

 First private player to register net profit within 5 years

 Market Leader in the Bancassurance segment

 By March 2007, 6.4 million lives insured, the highest among

Private Life Insurers

 One of the best fund management expertise

 A Joint Venture between

74% 26%

► Cardif, a wholly owned subsidiary

► State Bank of India, India’s largest
of BNP Paribas Assurance, the
and most trusted bank, with a Euro zone's leading bank,
heritage of 200 years, a network established in 1973.
of over 9,000 branches and a loyal
base of over 10 crore customers.
► Cardif has a widespread presence
as a JV partner with leading banks
► By far the best Brand Equity and
in over 30 countries.
brand recall among all banks in
India.
► Pioneers in Bancassurance -with
expertise in designing simple,
► State Bank Group has a network
innovative, customized
of 14,500 branches. bancassurance products.

Authorized Capital Rs 1000 crores; Paid Up Capital Rs 600 crores

 Marketing Channels

Bancassurance Group
Corporate

Retail Agency & Institutional

Alliance
Brand Strength
Brand Appeal

Most Trusted Private Life

Insurer
(Source : The Economic Times- A.C.
Nielson Survey of “Most Trusted
Brands 2007”)

Ranked No.1 for Trust &

Transparency
(Source : Business World – “Most
Respected Companies Survey”)

Advertising

SBI Life Pension Ad – “Old

Boy” won Gold at Abby 2007.

SBI Life Pension ad – “Sister

Act” won silver at Abby 2006
(Financial services category)
Our Achievements….
 SBI Life has been ranked 5th
across the World in terms of
Number of MDRT members

SBI Life is ahead of companies such as

AXA Advisors and Prudential Financial
- USA, Metlilfe - Korea, Prudential Life
Insurance Co - Japan, LIC, Max/New
York etc

 SBI Life ranks no 1 with

99.50% of registered MDRTs as
first time, ahead of Metlife Korea
and Max /New York Life , India.

 SBI Life Ranks no 1 across

world in the category of
companies with 200 or More
MDRTs, an increase of 9912.50%
Financial Strength
Financial Soundness

 SBI Life has become the

first life insurer in India to
receive highest financial
strength rating of AAA from
CRISIL.

The AAA rating which

CRISIL assigns is a clear
assurance of SBI Life’s
superior financial security
and ability to meet its
obligations to customers.
Technological Strength
Superior Technology

SBI Life has achieved the

prestigious CMMI Level 3
certification for its IT processes
and software development
capabilities

Its rare for a non-core IT

company to achieve this rating
which reflects its commitment
to deliver superior technology-
driven customer service

SBI Life is the only domestic

life insurance company to have
achieved the CMMI Level 3
certification
 SBI Life: 5 years of Steady Growth
Premium Income

3500

2928.48
3000

2500
Rs(in Crores)

2000

1500
1070.57
1000
601
500
226
15 72
0
2001-02 2002-03 2003-04 2004-05 2005-06 2006-07
 Highest in Lives Covered

70
65
60

50
Lives covered (Lakhs)

43
40

30
25
20

13.92
10
4.7
0 0.18
2001-02 2002-03 2003-04 2004-05 2005-06 2006-07
 What’s in it for you

 Association with trusted brands (SBI & Cardiff)

 Fast track careers in a high growth industry

 Opportunity for leadership & team management

roles

 Performance based reward system.

 Top management support for young blood

Career Opportunities

Marketing & Sales

 Agency channel
 Bancassurance
channel

Support Functions

 Operations
 Executive Sales Trainee/Executive Trainees

 Probation Period : 1 year

• Induction and training

• Deployment at branches/Corporate office.

 On successful completion of 1 year of probation period

• EST - Bancassurance - Business Development
Manager
• EST - Agency channel - Unit Manager
• ET - Others - Executive
 Remuneration

CTC
 Unit Managers (On Probation) :On appointment,Rs 4.5 lakh
p.a+ business related reimbursements +Performance based
incentive as per co. policy

 Business Development Executive (On Probation) : Rs.4.5

lakh p.a. + business related reimbursements + performance
based variable pay

 Executive Trainee (On Probation) (Operations): Rs.4.5 p.a. +

performance based variable pay
 Selection Procedure

 Verbal and Numerical Ability Test

 Psychometric Test

 Group Discussion

 Personal Interviews
 People we want

Those who

 Have unquestionable Integrity

 Have high commitment

 Are driven to deliver

 Are adaptable

 Are mobile
SBI Life & You- What you can expect from us

 Meritocracy

 Transparency and fairness

 Learning Environment