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MetLife India Insurance and Career Opportunity 21 January 2019

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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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