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MetLife India Insurance and Career Opportunity: MetLife Insurance India also known as MetLife India Insurance Company Limited (MetLife) is the popular insurance company in India. The organization was formed in the year 2001. It is a part of MetLife Inc. The head office of MetLife is Bangalore. Every year Metlife release notification to recruit various candidates from all Over India. So, in order to apply any post, you must have complete knowledge of the organization to answer the questions asked in various rounds. To solve such issues we have updated you the following article which will help you to get to know all the important details about the company.
MetLife India Insurance and Career Opportunity
The MetLife has twelve banking partners in the group and retail businesses. Besides a firm network of brokers for its group and individual customers, the organization has 30 thousand financial advisers. MetLife also operates an employee benefits business in association with more than 550 leading corporate organization in India.
MetLife Inc is also one of the top providers of insurance, employee benefit programs, and annuities throughout the world. It works in 47 countries and provides service to 90 million clients all around the world. Along with its affiliates and subsidiaries, the organization has attained outstanding position in the following US, Asia Pacific, Japan, Europe, Latin America, Middle East, markets:
We have listed various values held in high regard by the insurer:
- Operating as a leader and being very successful and effective through independent decisions that can help to get positive results
- Working with focused dedication towards the management of economic resources with the aim of getting good fiscal results
- Focusing on employee excellence
- Operating all business in a true, fair, and honest manner
- Functioning in a productive manner in order to attain a common purpose and also understanding the collective capabilities of different workgroups
- To introduce and create unique and new ways and ideas of doing things on a regular basis
Campaigns of MetLife Insurance India
We have listed the major campaigns introduced by the insurer in the last couple of years:
Campaign Name | Campaign Date |
Safety Net | January 2003 |
Marriage | November 2005 |
School | November 2005 |
Payasam | November 2005 |
Expectant Father | November 2005 |
Real Happiness | January 2008 |
Ab Kahe Ki Worry | September 2009 |
Dada Dadi | March 2010 |
Management Board MetLife
Name | Designation |
Rajesh Relan | Managing Director and Country Manager |
Balachander Sekhar | Director – Marketing, Products, and Strategy |
MSVS Phanesh | Appointed Actuary |
Gaurav Sharma | Director – PNB Partnership |
Subhashish Acharya | Chief Distribution Officer |
Joydeep Mukherji | Chief Financial Officer |
Sanjay Vij | Head Bancassurance and Business Partnerships |
KR Anil Kumar | Director – Legal and Risk, and Company Secretary |
Sameer Bansal | Director – New Business Development and Customer Retention |
KS Raghavan | Chief Operating Officer |
Sanjay Kumar | Head of Investment |
Partners of MetLife India Insurance
partners of MetLife are as follows:
- Geojit Securities
- Karnataka Bank
- Jammu & Kashmir Bank
- Karvy Consultants
- Punjab National Bank
- Mini Muthoottu
Details About MetLife Financial
Some important financial details of MetLife India Insurance of the year 2011-12 are as follows:
Figures for the final quarter of 2011-12 in INR thousands | Figures till the final quarter of 2011-12 in INR thousands | |
Amounts transferred from or to the policyholder’s account (technical account) | Rs. 19,194/- | Rs. 19,194/- |
Interest, rent, and dividend – net of accretion/amortization of discount/premium | Rs. 75,031/- | Rs. 288,829/- |
Profit on sale and redemption of investments | Rs. 7374/- | Rs. 29,371/- |
Expenses not directly related to the insurance business | Rs. 676/- | Rs. 2402/- |
Profit after tax | Rs 100,828/- | Rs 331,677/- |
Products offered by MetLife India Insurance
The products offered by MetLife are listed below:
Individual Plans
Child Plan
- Met Bhavishya
- Junior Moneyback
- Junior Endowment
- Smart Child
Savings
- Met Sukh
- Saral
- Suvidha
- 100
Protection
- Met Suraksha
- Suraksha Plus
- Suraksha TROP
- Mortgage Protector Plus
Rural
- Met Vishwas
- Grameen Ashray
- Suvidha Rural
Investment
- Met Dhan Samriddhi
- Smart One
- Smart Platinum
- Easy Super
Health
- Met Health Cash
- Health Care
Monthly Income
- Met Monthly Income Plan
- Monthly Income Plan 15 Pay
- Monthly Income Plan 7 Pay
Retirement
Money Back
Group Plans
- Met Loan Assure
- Group Deposit Administration Scheme
- Group Life
- Group Gratuity
- Group Deposit Administration Scheme
Office Network of MetLife
MetLife India Insurance has offices in following states all Over India:
- Andhra Pradesh
- Karnataka
- Assam
- Kerala
- Bihar
- Madhya Pradesh
- Chandigarh
- Maharashtra
- Chhattisgarh
- Odisha
- Delhi
- Puducherry
- Goa
- Punjab
- Gujarat
- Rajasthan
- Haryana
- Tamil Nadu
- Himachal Pradesh
- Uttar Pradesh
- Jammu and Kashmir
- Uttarakhand
- Jharkhand
- West Bengal
MetLife India Insurance News
MetLife India Insurance won the Excellence in Growth Award & Indian Insurance Awards in year 2012 for being the quickest growing insurer. The award function held in Mumbai. The event was organized by SP Media.
The awards have been created in identifying the following factors:
- Performance
- Product innovation
- Growth
- Market innovation
- Customer service
- Technology
Each year the organization increase the standards awards. The award is given to honor the all-around growth of a life insurer in various critical domains such as the following:
- Coverage
- Business mix
- Volumes
- Product portfolio
- Revenues
- Market share
The Indian Insurance Awarded on the basis of information that is collected from nomination forms that are provided by insurers who like to see themselves in running for the honors. The event organizers also have a panel of experts who provide subjective and qualitative suggestions and viewpoints this help them to make sure that the awards are provided in accordance to updates of insurance markets.
We hope that our article about MetLife India Insurance and Career Opportunity will surely help you.
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