ENSURANCE:

commit, deliver, earn, learn, grow

CAMPUS TALENT PROGRAMME 2007 -08

 Why Insurance sector?

 Sunrise industry for private Insurers

 Increasing awareness about the need of

Why Insurance sector?
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

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)
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.
 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 & Cardif)

 Fast track career in a high growth industry

 Cross-functional exposure

 Opportunity for leadership and team

management roles

 Performance based reward system.

 Top management support for young blood

Career Opportunities
 Distribution Channels
Bancassurance
Retail Agency and
Institutional Alliances
Corporate Group Business
 Back Office
Operations
Underwriting
 Actuary
 Investments
 Finance & accounts
 IT
 HR and Training
 Internal Audit
 Legal & Compliance
 Schedule during training

Probation Period: 1 year

 Induction as Management Trainee

 Exhaustive Training - on the job, across all

functions

Final deployment

 As Assistant Manager on successful completion

of one year probation period.
 Remuneration
Amt per month Amt per
Salary Component
(Rs) annum (Rs)

Total Monthly Salary (A)

Salary shall include Basic Salary, House 30,395 3,64,744
Rent Allowance, Conveyance & Special
Allowance

Total Reimbursement (B)

Reimbursements shall include Food 2,640 31,683
(Coupons), Medical, Telephone & LTA

Total Retiral (C)

Retirement benefits shall include PF & 2,381 28,573
Gratuity

Fixed Compensation (A+B+C) 35,417 425,000

Performance linked Variable Pay
1,48,750
as per Company policy up to
Potential Annual Remuneration
5,74,000
on Cost to Company Basis
 Selection Procedure

 Verbal and Numerical Ability Test

 Psychometric Test

 Group Discussion

 Personal Interviews
 People we want
Those who

 have unquestionable Integrity

 have long term vision

 have high commitment

 are mobile

 are driven to deliver

 are adaptable
 SBI Life & You-What you can expect from us

 Meritocracy

 Transparency and fairness

 Role clarity

 Career, not just job

 Learning environment

 Tolerance for honest mistakes

 Breadth of portfolios - Meaty roles for those with a

positive attitude and hunger for achievement and
learning