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11/12/12

Tata AIG General Insurance

Tata AIG General Insurance Company Limited (Tata AIG General) is a joint venture company, formed by the Tata Group and American International Group, Inc. (AIG).

The Tata Group holds 74 per cent stake in the insurance venture with AIG holding the balance 26 percent.

INTRODUCTION

Tata AIG General Insurance Company, which started its operations in India on January 22, 200i.

provides insurance solutions to individuals and corporates.
11/12/12

INTRODUCTION

VISION • MISSION To be the first choice As a responsible. we employer for staff in the will strive to insurance industry understand the •To be the number one insurance needs of Click to edit Master insurer for creating subtitle style the consumers and shareholder value translate it into affordable products that deliver value for money. insurer for customers  customer focused •To be the preferred market leader.  11/12/12 .

ORGANIZATION STRUCTURE 11/12/12 ORGANIZATION STRUCTURE .

DEPARTMENTS 11/12/12 .

400 employees Mumbai TATA AIG 11/12/12 employee strength: • • .HUMAN RESOURCES – employee strength • Employee strength ranging from 300 to 900 (depending upon the market size) Main branch.

RECRUITMENT 11/12/12 .

FACTORS AFFECTING RECRUITMENT 11/12/12 FACTORS AFFECTING RECRUITMENT .

Screening would be on the basis ofØ The general profile of the candidate RECRUITMENT PROCEDURE Ø Personality fit of the candidate into the profile Aptitude/attitude of the candidate Motives of the person to join our company and whether focus is on short term or long term stay Basic skill level on our set of requirements. etc. networking ability . 11/12/12 Ø Ø Ø RECRUITMENT PROCEDURE .First level screening The candidates would be screened by the HR manager/ Branch manager.

Here we see the proof of the claims made by the candidate regarding qualifications. experience and other achievements. Selected candidates called for an interview.Second level screening If the first assessment is positive .the candidates will give the aptitude test. Ratings on various 11/12/12 attributes of the candidates Ø Ø Ø Ø RECRUITMENT PROCEDURE .

if the Recruitment manager is fully satisfied about the selection of the right candidate .THIRD LEVEL SCREENING Ø Employee services team will issue the offer letter. A copy of the appointment letter duly signed will be sent to the candidate with a request to join our company on a given date. . Send the same to the concerned HR manager. Ø Ø 11/12/12 RECRUITMENT PROCEDURE Ø After the final round .he/she will forward the complete set of papers along with the interviewer’s recommendations to the Recruitment head.

SELECTION 11/12/12 .

Ø Employee referral. SOURCES OF selection Ø Existing database. Ø SOURCES OF selection Ø Ø Headhunting firms particularly for senior positions. Advertisement in internet/newspapers/magaz ines/job sites or any other media. . Placement Agencies. specialist positions and critical 11/12/12 positions.

INTERVIEW ISSUE OF APPOINTMENT LETTER FOR THE CANDIDATE .COMPLETE PROCESS OF SELECTION PRELIMENIARY SELECTION OF CONTAINING ALL INVITING THE APPLICANT DATA THE SCANNED CV. INTERVIEW ASSESSMENT SHEET &THROUGH INTERVIEWHEAD OFFICE OF THE HR & SALES RECEIVAL OF APPROVAL FROM BY SUCCESSFUL IN THE THE DETAILS OF THE CANDIDATE SEND TO HEAD OFFICE ALONG WITH CANDIDATE DIFFERENT SOURCES. AFTER BEING 11/12/12 REGIONAL MANAGER FOR THE THE REGIONAL MANAGERS APPROVAL DEPARTMENT.

TRAINING & DEVELOPMENT • Employee training procedure Executive development program Huge training and learning & development centre 11/12/12 • • .

Good canteen facilities and picnics and trips are conducted. Employee loans are provided at a low rate of interest initiated by the company’s financial tie ups with HDFC. PARIVARTAN COMMITTEE organizes cricket 11/12/12 • • • . regarding the transfer.EMPLOYEE POLICY • Transfers are conducted depending upon the vacancies in the company. PNB & DLB. Will. Axis. Saraswat. of the employee is taken into consideration for final decision.

11/12/12 .• • Tie up with Symbiosis (Pune) to fund the employees for E-MBA program. Employee bonding sessions and work appraisal and recognition to juniors and fresher employees are provided for better performance and motivation.

marital status. caste. The HR Policy and Affirmative Action Policy are monitored by the Ethics Counsellor and supported by an effective grievance redressal mechanism. age or nationality. • The Company's Affirmative Action Policy promotes equal access to its employment and opportunities and all decisions are merit based. religion. • 11/12/12 . colour.OTHER HR POLICIES Tata AIG is an equal opportunity employer and does not discriminate on the basis of race. ancestry. sex.

2 times in the year Employee motivation by provision of discounted gift vouchers and domestic/international trips and awards for exceptional performance.PERFORMANCE APPRAISAL Ø Promotions and Bonus Perks . Ø Ø Ø 11/12/12 . Appraisals . Transfers – according to employee requests.Annual process. No force transfer.

11/12/12 .000 offices. It is the leading and largest assets manager in the world. • • Educational Qualifications: The candidate must have Post Graduation Degree (MBA or PGDM) in HRM from a reputed B-school with minimum 60% aggregate marks. Should provide guidance/support to the HR whenever is required. Job Profile: To support Business sales and local leadership in terms of recruitment of Sales front line Managers.CURRENT COMPANY HR REQUIREMENTS • Today the company has its presence in 200 major towns with more than 1. Strong interpersonal skills Effective communication skills both written as well as oral Good proficiency in local language Strong competence in computers especially in MS Office.

Full And Final Settlement Of Employees -Calculation of amount payable and amount recoverable by the employee -Voluntary exit -Calculated by human resource department of an organization 2.FULL AND FINAL SETTLEMENT 1. Process Of Full And Final Settlement 11/12/12 In TATA AIG .

CONCLUSION • Satisfactory recruitment process Employee turnover ration should be tried and minimized Both short as well as long term objectives should be taken into consideration 11/12/12 • • .

THANK YOU • • • • • • Ronak Saluja – 115 Varun Murpana – 68 Lakshay Rohra – 80 Yash Nahata – 70 Aman Takhtani – 110 Pratik Rijhwani .79 11/12/12 .

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