Metlife Alico

Group members:

Syed Ahmad Hussain 2319

Yasir Ali Jamali 2331

Yahya Khan Hasni 2338

Syed Shabab Hassan 2340

Metlife Alico.

Personnel training & development

Table of Contents Introduction Vision Statement Mission Statement Product & Services Recruitment Strategies Employees Training & Development TNA Training Design Training Method Reward System Conclusion

Company Introduction

Their story began in 1921 in

Shanghai,China. The company grew in steady

manner in the early decades, moving its

headquarters to Wilmington, Delaware in late

1960s. In 1972 ALICO became the 1st foreign

life insurance company in Japan.

ALICO PAKISTAN

Started work in 1952 until 1972.

Again started work in 1994.

Paid up capital PKR 500 million.

Vision Statement.“To be the most innovative, finest and socially

responsible insurance company providing

best value to customers, partners, employees

and shareholders”

Mission Statement“To build value for our policyholders, field force,

employees and shareholders, by providing quality

products and services through multiple

distribution channels for the Pakistani market and

through investing in Pakistani financial

institutions, thereby serving the Pakistani people.”

OUR PRODUCTS AND SERVICES

PRODUCTS

INDIVIDUAL LIFE

Shareek-E-Safar.

Vision for Retirement.Super Saver.Daughter’s Marriage.College Education Plan.

Retirement.Vision for Education.Accelerated Saving Plan.Vision for Marriage.Vision for Financial

Security.

PERSONAL ACCIDENT

Circles of Protection.

Safe Road – Car.

Safe Road – Motorcycle.

My Child.

BANC ASSURANCE

Sarmaya plus.

Income Max.

Retire Easy.

 Future Secure.

Savings Plan.

Capital Sure.

Services

Change of address for Policyholders only.

Policy Status.

Insurance Claims.

RECRUITMENT STREATEGIES IN ALICO

Internal search.

Employees’ references.

Market search or External search.

Direct recruiting from other agencies.

Employees Training and Development

5 days orientation session for new employees.

Training Need Analysis

Types of Training Need Analysis:

Reactive TNA

Proactive TNA

Training Need Analysis in ALICO Pakistan

The major and the backbone of ALICO

Pakistan is its sales and marketing

department because in this department

maximum number of staff like sales agents

and marketing staff is working and proving

their abilities.

Training Design

TNA

Organizational constraints

Factors for learning.

Evaluation Objective.

Objectives

Training methods in ALICO PakistanOn Job Training.

Lectures / Discussions.In Basket Technique.Role Play.

Coaching.Mentoring.Audio-visual training method.

Reward system in ALICO Pakistan

Monetary reward system.

Non-monetary reward system.

Conclusion

Thank

You