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Max New York Life Insurance Co. Ltd
- Max New York Life Insurance Company Ltd. is a joint venture between Max India Limited and New York Life International.
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Max New York Life Insurance Company Ltd. is a joint venture between Max India Limited, one of India's leading multi-business corporations and New York Life International, the international arm of New York Life, a Fortune 100 company. The company has positioned itself on the quality platform. In line with its vision to be the most admired life insurance company in India, it has developed a strong corporate governance model based on the core values of excellence, honesty, knowledge, caring, integrity and teamwork.Incorporated in 2000, Max New York Life started commercial operation in April 2001. In line with its values of financial responsibility, Max New York Life has adopted prudent financial practices to ensure safety of policyholder's funds. The Company's paid up capital as on 31 st August, 2010 is Rs 1,973 crore.Max New York Life has multi-channel distribution spread across the country. Agency distribution is the primary channel complemented by partnership distribution, bancassurance and dedicated distribution for emerging markets. The Company places a lot of emphasis on its selection process for agent advisors, which comprises four stages - screening, psychometric test, career seminar and final interview. The agent advisors are trained in-house to ensure optimal control on quality of training. Max New York Life has put in place a unique hub and spoke model of distribution to deepen our rural penetration. This is the first time such a model has been put in place for rural marketing of insurance.Max New York Life offers a suite of flexible products. It now has 21 products covering both life and health insurance and 8 riders that can be customized to over 800 combinations enabling customers to choose the policy that best fits their need. Besides this, the company offers 6 products and 7 riders in group insurance business.
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At Max New York Life, you will learn new things, acquire additional skills as you draw on the vast expertise and experience of our professionals. You will find friends and mentors to guide you to chart an upward career path. For us, learning is a continuous process and while we strive for success, we are not afraid to admit and learn from mistakes. Never hesitate to ask a question or seek clarification about any process. Together, we will find the solution to every problem.
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We have openings at various levels across functions. The distribution channel accounts for the major chunk of opportunities. You can join us an Executive or Regional Manager, depending on your experience. Similarly, non-sales or support functions like Human Resources, Finance, Facilities and Information Technology also have a variety of options ranging from Executive to Vice President.