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Aviva India_Campus Presentation

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  • 7/27/2019 Aviva India_Campus Presentation

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    AVIVA Building Careers for over 300 years

    Presentation title here 00.00.00 page 1

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    About Aviva Our Global Operations

    About Aviva India

    About the Summer Internship Program

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    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

    Aviva Plc: At a Glance

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    Our History

    1885

    1797

    1696

    1998

    May 2000

    2001

    Exit US GI

    And London

    Markets

    July 2002

    London & Edinburgh

    1998

    1905

    `

    1861

    `

    1861

    `

    1861

    Hand in Hand

    NU Floatation

    1997

    May 2005

    Feb 2006

    Oct 2006

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    Global FootprintDiversity, resilient product range

    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

    United Kingdom

    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

    Asia Pacific #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)

    Europe #2 GI in Canada

    North America

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    Aviva Strength in PartneringAviva 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

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    Aviva India

    6

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    1818

    First Insurance

    Company in

    India

    Oriental Life

    Insurance

    Company

    1834

    Universal Life

    begins operations

    in India

    1865

    Commercial Union

    commences

    operations in India

    Avivas strengthening

    relationship with India

    245 Indian and foreign

    insurers and provident

    societies nationalized.

    1956 1995

    First foreign insurance

    company to set up its

    representative office in India

    Aviva sets up

    representative

    office in India

    1999

    26% FDI

    allowed in the

    Insurance

    2002

    Aviva and Dabur jointly

    start life Insurance

    operations in India

    Long history since pre-

    nationalization

    Commercial Union was the largest foreigninsurer in India in terms of the compensation

    paid by the Government of India.

    Avivas Oldest

    footprint in

    India

    Aviva Life Insurance Company India Ltd.

    74% 26%

    Aviva has a long history in India

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    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.

    Iconic Brand Ambassador

    Total Customer base of ~ 1.3 MMap only representative and not to scale

    Main branches

    Small branches

    Aviva India at a glance

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    Strong brand with strategic focus on child space

    SachinOur Brand AmbassadorSymbolizing Trust, Symbolizing Integrity

    BRAND ROLE

    Recognize & Enable the role ofparent as a protector

    Empathy:

    Recognize role

    as a protector

    Expertise:

    Financialprotection for

    the childs future

    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

    Focus Area for 2013 Brand Strategy

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    CSR Initiatives

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    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

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    Unprecedented editorial coverage for the Initiative

    beyond media partners

    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

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    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

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    Personal responsibility,accountability and

    contribution from everyAviva employee

    Performance through

    excellence in line

    management

    Strategic leadership

    Living Leadership

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    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 afunction of your choice

    A stipend of 100,000 INR for Internship

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    Summer Internship-The Program

    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

    Mid Term Review

    Month 1

    Project Completion:

    Project Submission to

    members of Aviva India

    Leadership Team

    Results in PPI/PPO

    Final Review

    Month 2

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    What are we looking at:

    Students interested in Sales & Marketing and

    Operations Profiles

    Selection Process:

    Group Discussion - Case based discussion

    Personal Interview

    Selection Process

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