TATA AIA Life Insurance Company hiring 100+ freshers for Sales Profile - Guaranteed job at TATA AIA Life Insurance with Rs.2.8 Lakhs Salary

TATA AIA Company is the insurance division of TATA group. Each month more than 100 freshers are recruited for Relationship Manager job across India and given training at Manipal University Bangalore Campus for 4 months (Fooding and accomodation is included in course fee). This Training is a based on self-pay model where candidates have to pay Rs.1.71,100 inclusive of Tax + additional tablet cost in case you don't have a tablet as course fees to Manipal university. Training will be held at Manipal University campus - which is a world class training Facility. After successful completion of training and Internship (1 year), candidates will be absorbed into TATA AIA with an assured salary of 2.8 Lakhs per annum plus Incentive. You can recover your entire course fee within a years time by earning stipend and referral bonus for details refer FAQs.
  • Job Title :

    Relationship Manager
  • Job Description :

    To identify possible sales opportunities and generate new business for the company.
  • Profile :

    INSURANCE SALES
  • Salary :

    Rs. 2.8 Lakhs Per annum
  • Job Location :

    Across India
  • Eligibility :

    Any graduate, preferably B.Com, BBM, BBI, BCA, BA
  • Program Name :

    YOUNG PIONEERS PROGRAMME
  • Age Criteria :

    Below 27 years
  • Selection Procedure :

    HR interview, Online Communication Test
  • Course Fees :

    The course fee is 1,71,000 inclusive of tax for the one-year diploma and additional 20,000 towards tablet cost in case you don't have a tablet
  • Loan Facility :

    Loan facilities will be provided by TATA CAPITAL. For further queries will be given at the time of interview.
  • Year I Stipend :

    Total stipend to the learners is Rs. 1,36,000/ + Referral Bonus
  • After 12 months :

    An assured Job with 2.8 Lakhs PA + Performance incentives as starting salary
  • Career prospects

  • The company has also year marked a complete career roadmap for the individuals. In addition to this we also offer various career and professional development opportunities to our employees including:
  • CERTIFIED FINANCIAL PLANNERCM from Financial planning and Standards Board India – Certification is a mark of excellence granted to individuals who meet the stringent standards of education, examination, experience and ethics. It is the most prestigious and internationally accepted Financial Planning qualification recognized and respected by the global financial community.
  • Associate & Fellowship in Life Insurance from Life Office Management Association – International certification used by life insurance companies worldwide.

  • At TATA AIA Life we believe in nurturing entrepreneurship & rewards performance, which will metamorphose you in to a complete professional.

Give a good start to your career with 2.8 lakh salary per annum. Don't miss this opportunity!!



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What will I Learn or Do ?

How Much Will I Earn?

PGDI Program (Year I)
Month 1
Residential Classroom Training at Manipal University Campus (Bangalore) with Free Food & Accomodation
Rs. 5,000
Month 2
Rs. 5,000
Month 3
Rs. 5,000
Month 4
Rs. 5,000
Month 5
2 Months Internship
Rs. 10,000
Month 6
Rs. 10,000
Month 7
On The Job Training at TATA AIA Life Branches
Rs.16,000 + Bonus
Month 8
Rs.16,000 + Bonus
Month 9
Rs.16,000 + Bonus
Month 10
Rs.16,000 + Bonus
Month 11
Rs.16,000 + Bonus
Month 12
Rs.16,000 + Bonus
Minumum Year 1 Salary
Rs. 1,36,000 + Bonus


At the end of one year ,You will be awarded a Post Graduate Diploma in Insurance (PGDI) Degree from Manipal University.

You will get an assured salary of Rs 2.8 Lacs from TATA AIA Life & Total stipend to the learners is Rs. 1,36,000/


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Who is eligible to register for the programme?

Graduate with a minimum of 50% marks (aggregate) in any discipline from a government recognised university. Candidate must be up to 27 years of age as on 31st March of the calendar year of application. Candidate should have work experience of not more than 3 years as on the date of selection.


What is the duration of this course?

The post-graduate diploma would be a one-year programme.


What will be the selection process?

The process of selection will take place in two stages; this is aimed at selecting candidates who are the most likely to succeed at the role. Tata AIALife Insurance Company Limited is looking for well-groomed candidates with integrity, learnability, discipline, dedication and a positive attitude with good communication skills. Candidates shall be selected by Human Resource team through an online Aptitude test followed by an interview.


Online Aptitude Test

The test will assess the candidate's proficiency in the following areas:

  • • Logic and reasoning skills

  • • English language skills

  • • Quantitative/numerical ability


Personal Interview

All the applicants who successfully clear the aptitude test will be invited for a personal interview. Candidates will be informed of their progress and status at each stage via email.


Will there be a Bond or Service agreement applicable for the applicant after joining Tata AIALife Insurance Company Limited post completion of the course?

There will be no Service Agreement or Bond that the candidate needs to sign for joining Tata AIALife Insurance Company Limited after this programme.


How to apply for this course?

Fill in the application form available under the ‘Apply’ section on the website which will be followed by an online assessment. If you are shortlisted, a member from the institution will contact you to arrange a personal round of interview.


How much is the course fee and is there any loan facility?

The course fee is INR 1, 45,000 /- plus taxes for the one-year diploma.

Tax of 18% (Goods & Service Tax) will be added along with tablet cost.

Fees (In Rs)
(A)
Goods &Service [email protected]%
(B)
Tab Charges
(C)
Total Sum
(In Rs)(A+B+C)
1,45,000/-
26,100
20,000
1,91,100
  • If applicant has a tablet he/she need not to buy the same and tab changes will be excluded. That way the course fee inclusive of taxes will be 1,71,100.

Candidates can choose to apply for an Education Loan through a facility provided by the programme from a reputed Indian or International bank. Students interested in opting for the education loan may apply for the term sum. Check the admission & fee page for more information.

What happens after the candidate is selected?

A. The selected applicants will be issued a provisional offer letter. The candidate that pays the fees or has an approved education loan will get a confirmation letter and can report to campus on the start date of the course.

Is there any Stipend given to the students?

Semester One (Academic Training) - INR 5,000/- per month

Semester Two (Internship) INR 10,000/- per month

Semester Three (On-the-Job Training) INR 16,000/- per month

What is the salary provided post completion of the course?

After successful completion of the course, the candidate will be appointed as Relationship Manager with Tata AIALife Insurance Company Pvt. Limited with a salary of 2.8 Lakhs per annum plus incentives.

What is the guarantee that Tata AIALife Insurance CompanyPvt. Limited will give a job after the course?

All the applicants selected will be given a Provisional Letter of Appointment at the time of joining the course at Manipal Global Education campus, Bangalore. The job is guaranteed only to those candidates that successfully complete the programme.

What if the candidate is unsuccessful at completing the course?

Tata AIALife Insurance Company Limited reserves the right to deny employment to candidates based on their performance and successful completion of the course. The Provisional Letter of Appointment given at the start of the course will stand withdrawn without any recourse to the candidate. Also fees paid for the course or any other expenses incurred with regards to the course, will not be refunded.

What if the candidate drops out of the programme mid-year?

In case of dropping out of the programme mid-course, fees paid for the course or any other expenses incurred with regards to the course, will not be refunded. The student will need to pay off any loans taken for the course.

Will there be a probation period once the applicant joins Tata AIALife Insurance Company Limited?

Yes, there is a 6 month probation period for all joinees. The candidates from the programme will also be subject to this probation period.

What days of the week will classes be held and what are the timings?

Classes will be held five days a week from Monday to Friday.

What will be the class timing?

The class timings will be from 9.00 a.m. to 6.00 p.m.

What is the minimum attendance required?

There is a minimum 90% attendance requirement for the 1 year Postgraduate Diploma Program.

Can leave be taken during the programme?

Leave of absence may be granted only on compassionate / medical grounds with specific permission of the HOD. However, the participants would have to make up for the loss of sessions by self-study

Apart from lectures is there any other medium via which I will get support for the study material.

Lectures by industry experts; periodic interactions with leaders from Tata AIA Life Insurance Company Limited and library services to include access to e-library study material.

What will be the Programme delivery structure?

Programme delivery will be in the form of class room lectures, tutorial discussions, seminars, laboratory work, assignments, case studies, library research projects, Internship at Tata AIA Life Insurance Company Limited, on the job training and other exercises.

When will I get the post-graduate diploma certificate?

The postgraduate diploma will be awarded subject to fulfilment of below requirements:

  • • He/ She would become eligible for the award of a diploma on acquiring requisite number of credits at the end of the program.

  • • He/ She should have satisfactorily fulfilled other academic requirements (as specified in the course of study/ curriculum) like practical training, work visits, seminar, project etc..

  • • The candidate should have successfully completed all assignments assigned during 'internship' and 'On the job training' phase.

What is the scope of this diploma programme in future and outside TATA AIA?

The post graduate diploma is awarded by Manipal University which is a UGC approved and NAAC Accredited. Manipal University is one of the top private deemed University and is one of the esteemed University in India. The aim of this program is to skill and equip the participant with the competencies that are required, thus ensuring high growth in the Insurance industry

Where will the course be held?

The first semester will be conducted on the Manipal Global Campus, Bangalore. This is a fully residential programme and students shall stay on the campus during the initial 4 month duration of the course. Students will undertake an internship and OJT in the last 8 months in any Tata AIALife Insurance Company Limited branch across the country.

Is the programme fully residential?

No, only the first semester programme is fully residential; hostel accommodation is provided for all candidates in or around campus. During the Internship and OJT, the students of to make their own arrangements for stay.

How is the room allotment done at Manipal Global Education Campus?

Rooms would be allotted to the participants by the warden in a transparent way taking into account gender and other factors.

How many people will stay in one room?

It will be a double occupancy room.

What facilities are provided in rooms?

The rooms will be equipped with 2 beds, tables and cupboards

Will there be any internet facility available at Manipal Education Campus?

The Campus has well-equipped computer labs. The campus has a high broadband connectivity, enabling uninterrupted access to global knowledge.


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