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Summer Internship Project: By-Megha Patel Mba 2 Year

Bajaj Allianz Life Insurance is a joint venture between Bajaj Auto and Allianz AG. The internship project studied Bajaj Allianz's competency-based recruitment and selection processes. Key tasks included sourcing candidates, conducting initial interviews, scheduling interviews, and updating tracking data. The project helped improve recruitment processes and provided the intern with exposure to insurance recruitment.

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Megha Patel
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114 views

Summer Internship Project: By-Megha Patel Mba 2 Year

Bajaj Allianz Life Insurance is a joint venture between Bajaj Auto and Allianz AG. The internship project studied Bajaj Allianz's competency-based recruitment and selection processes. Key tasks included sourcing candidates, conducting initial interviews, scheduling interviews, and updating tracking data. The project helped improve recruitment processes and provided the intern with exposure to insurance recruitment.

Uploaded by

Megha Patel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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SUMMER

INTERNSHIP
PROJECT
By-Megha patel
MBA 2ND Year
Project Title

Study on Competency
based recruitment and
selection process in
Bajaj Allianz
Establishment of the
company
Bajaj Allianz Life Insurance Co. Ltd. is a joint
venture between two leading conglomerates- ,
Bajaj Auto, one of the biggest 2 and 3 wheeler
manufacturers in the world and Allianz AG, one of
the world's largest insurance companies
Is the fastest growing private life insurance
company in India.
Currently has over 74,00,000 satisfied customers
We have customer care centers in 1164 cities with
30000 Insurance Consultant providing the finest
customer service.
One of India's leading private life insurance
companies
Allianz group
Allianz Group is one of the world's leading insurers and financial services
providers. Founded in 1890 in Berlin, Allianz is now present in over 70
countries with almost 174,000 employees. At the top of the international
group is the holding company, Allianz AG, with its head office in Munich.
Allianz Group provides its more than 60 million customers worldwide
with a comprehensive range of services in the areas of
Property and Casualty Insurance,
Life and Health Insurance,
Asset Management and Banking.
ALLIANZ AG- A GLOBAL FINANCIAL POWERHOUSE
Worldwide 2nd by Gross Written Premiums - Rs.4,46,654 cr.
3rd largest Assets Under Management (AUM) & largest amongst
Insurance cos. - AUM of Rs.51,96,959 cr.
12th largest corporation in the world
49.8 % of global business from Life Insurance
Established in 1890, 110 yrs of Insurance expertise
70 countries, 173,750 employees worldwide
Bajaj group
Bajaj Auto Ltd, the flagship company of the Rs. 8000 cr. Bajaj group is the largest
manufacturer of two-wheelers and three-wheelers in India and one of the largest in the
world.
A household name in India, Bajaj Auto has a strong brand image & brand loyalty
synonymous with quality & customer focus.

A STRONG INDIAN BRAND- HAMARA BAJAJ

One of the largest 2 & 3 wheeler manufacturer in the world


21 million+ vehicles on the roads across the globe
Managing funds of over Rs 4000 cr.
Bajaj Auto finance one of the largest auto finance cos. in India
Rs. 9,050 Cr. Turnover & Profits of 538 Cr. in 2008-09
It has joined hands with Allianz to provide the Indian consumers with a distinct option in
terms of life insurance products.
As a promoter of Bajaj Allianz Life Insurance Co. Ltd., Bajaj Auto has the following to offer -
Financial strength and stability to support the Insurance Business.
A strong brand-equity.
A good market reputation as a world class organization.
An extensive distribution network.
Adequate experience of running a large organization.
Aim and Mission
COMPANY VISION
To be the first choice insurer for customers
To be the preferred employer for staff in the insurance industry.
To be the number one insurer for creating shareholder value.

COMPANY MISSION
As a responsible, customer focused market leader, we will
strive to understand the insurance need of the consumers and translate it
into
affordable product that deliver value for money.
ACHIEVEMENTS
Bajaj Allianz life insurance offers technical excellence in all areas of Health
Insurance as well as Risk Management. This partnership successfully
combines Bajaj Autos in-depth understanding of the local market and
extensive distribution network with the global experience and technical
expertise of the Allianz group.
Bajaj Allianz has received iAAA rating, from ICRA Limited, an associate of
Moodys Investor Services Claims paying Ability. This rating indicates
highest claims paying ability and a fundamentally strong position.
Products
Board of Directors
Sr. No Name of Person Role/Designation

1 Mr. Sanjiv Bajaj Chairman


2 Mr. Sanjay Asher Director
3 Mr. Niraj Bajaj Director
4 Mr. Rahul Bajaj Director

5 Mr. Sergio Balbinot Director

6 Mr. Heinz Dollberg Director

7 Mr. Ranjit Gupta Director


8 Mr. Suraj Mehta Director

9 Mr. Nanoo Pamnani Director

10 Mrs. Lila Poonawalla Director

11 Mr. Manu Tandon Director

Managing Director &


12 Mr. Anuj Agarwal
Chief Executive Officer
HR Policy of the Company
Personnel of the Office
Task Assigned
Sourcing the candidates.
Data updating in a tracker .
Conducting Screening level interview.
Arranging the interview schedule.
Walk in interviews
Work Done
Sourced the right candidates from different job
portals for different job profiles.
Take part In walk in interviews.
Conducted the initial screening level telephonic
interviews.
Daily Data entry in a Tracker.
Arranged the interview schedule.
Contribution to the
company
Learning From the project

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