Aviva India - Campus Presentation

Download as ppt, pdf, or txt
Download as ppt, pdf, or txt
You are on page 1of 19

AVIVA Building Careers for over 300 years

Presentation title here 00.00.00 page 1

About Aviva Our Global Operations


About Aviva India About the Summer Internship Program

Aviva Plc: At a Glance

Founded in 1696 Largest insurance services provider in UK Leading Life and Pension provider in Europe 6th largest Insurance company worldwide Operations in over 20 countries 34 million customers ~33000 employees Market Cap ~9bn, AUM ~337 billion

Our History

1797

NU Floatation 1997 London & Edinburgh 1998


`

1861 Feb 2006 1905 Hand in Hand 1998 May 2005 May 2000 July 2002

1696

2001 Exit US GI And London Markets

Oct 2006

1885

Global Footprint Diversity, resilient product range

United Kingdom
The leading general insurer in the UK Insures 1 in 5 UK homes & 1 in 8 private cars One of the most dynamic markets in the world both in terms of products and distribution Partnered with leading banks such as HSBC

North America
#2 GI in Canada

Europe
#1 market position in UK, Ireland, Netherlands Top 10 market positions in Spain, Hungary, Poland, Italy, Romania, Turkey Operating in 15 countries Serving 20 million customers The leading provider of insurance via bancassurance channel in Europe (31 bank partners)

Asia Pacific

Footprint spans the markets of China, Hong Kong, Taiwan, Singapore, India and South Korea. More than 50 bancassurance partners throughout the region Joint ventures with prestigious banks

Aviva Strength in Partnering


Aviva is the Partner of Choice for more than 100 Banks Worldwide

100 partners round the globe Access to more than 50m potential new customers Partnerships with some of the worlds largest banks

Aviva India

Aviva has a long history in India

Long history since prenationalization First Insurance Company in India Avivas Oldest footprint in India Avivas strengthening relationship with India First foreign insurance company to set up its representative office in India 26% FDI allowed in the Insurance

1818 Oriental Life Insurance Company

1834 Universal Life begins operations in India

1865 Commercial Union commences operations in India

1956 245 Indian and foreign insurers and provident societies nationalized.

1995 Aviva sets up representative office in India

1999

2002

Aviva and Dabur jointly start life Insurance operations in India

Commercial Union was the largest foreign insurer in India in terms of the compensation paid by the Government of India.

Aviva Life Insurance Company India Ltd.

74%

26%

Aviva India at a glance


Joint venture between one of the countrys oldest and largest groups, Dabur, and Aviva Group

Vision to be amongst Indias leading life insurers with a quality business model, focused on sustainable growth

Presence across Sales verticals with 135 company branches, partnerships with banks including co-operative & regional rural banks,3000 employees &18000 Financial Planning Advisors

AUM under Management INR 8000 crores ( 939 Mn GBP)

Strong frontline with great reputation for products & innovation

Among Indias Best Companies to Work for.

Main branches Small branches

Iconic Brand Ambassador

Map only representative and not to scale

Total Customer base of ~ 1.3 M

Strong brand with strategic focus on child space


BRAND ROLE Recognize & Enable the role of parent as a protector

Empathy: Recognize role as a protector

Expertise: Financial protection for the childs future

Sachin Our Brand Ambassador


Symbolizing Trust, Symbolizing Integrity

Focus Area for 2013 Brand Strategy


Identify priority markets through market prioritisation exercise for focused brand activities Become the buzziest brand of LI in the digital space

Increase product familiarity for Avivas product portfolio in order to increase brand consideration

CSR Initiatives

CSR Initiatives

Street to School Impact:


>300 hrs of employee volunteering achieved, INR 23 L of contribution from employees Reached out to >80k children through projects with NGO partners

7m media value created and public awareness of S2S at 29% in India


90% of employees believe Aviva does a good job of contributing to the communities in which we live and work

Aviva Great Wall of Education


Books collected- 1.1 million and still counting Facebook: Largest Aviva FB community in industry with more than 350000 fans 4th largest in Indian Insurance (3.1 Lac likes) Twitter: Youngest Insurance brand; Influence score highest among competitors; growing follower base

Unprecedented editorial coverage for the Initiative beyond media partners

The Management Trainee Program

At Aviva I am recognized for who I am, and what I contribute matters. We Believe Its our responsibility to nurture our Future Leaders

Living Leadership

Personal responsibility, accountability and contribution from every Aviva employee

Performance through excellence in line management

Strategic leadership

What do we offer?
Insight into the larger financial services industry with concerted focus on life insurance business through a mix of class room training and cross functional projects

Cutting edge, high impact, individual/ team-based projects based on business needs

Opportunity to leverage world-class domain expertise and knowledge resources

Opportunity to explore different business functions and choose a career in a function of your choice

A stipend of 100,000 INR for Internship

Summer Internship-The Program

Mid Term Review Month 1

Final Review Month 2

Induction: 2 Days Introduction to Aviva Industry Overview Business Overview Regulatory Overview Functional Overview Basics of Insurance

Project & Mentor Allocation: Meeting with designated mentors Real time projects assigned

Project Calibration: Based on mid term feedback ; project is improved or calibrated if required

Project Completion: Project Submission to members of Aviva India Leadership Team Results in PPI/PPO

Selection Process

What are we looking at:


Students interested in Sales & Marketing and
Operations Profiles

Selection Process:
Group Discussion - Case based discussion Personal Interview

You might also like