BWI: Max New York Life Launches Smart Move Internship Program

Press release from Business Wire India
Source: Max New York Life India
Tuesday, February 17, 2009 04:40 PM IST (11:10 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Banking & financial services, Business services, Education & training
Release no: 19267
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Max New York Life Launches Smart Move Internship Program
To Reach 10,000 IGNOU Students Across India

New Delhi, Delhi, India, Tuesday, February 17, 2009 -- (Business Wire India) -- Max New York Life Insurance today announced the launch of Smart Move, an all India internship program to provide students an opportunity to 'earn while learn'. Max New York Life also announced the first collaboration for this program with IGNOU to offer internship to over 10,000 students.

Speaking on the occasion, Mr. Rajender Sud, Director & Head - Agency Distribution. Max New York Life Insurance said, ''with the rapid growth in the Indian insurance industry over the last few years, there is an increasing need for skilled professionals in this sector. One of the most effective ways to generate a ready pool of productive talent is by providing students, specialized training and practical experience early in their careers. Keeping this approach in mind, we have launched Smart Move Internship Program to partner with multiple educational institutions across the country."

"Through this Internship Program we look forward to providing a strong platform for students to learn, earn and build careers in specialized functions of life insurance." he added.

Prof. V N Rajasekharan Pillai, Vice Chancellor, IGNOU said, "Today, one of the end objectives of most teaching learning transactions is gainful employment in areas of ones own choice and aptitude. IGNOU is acting as a dynamic interface by providing an interactive platform for corporate world on one hand and the learner population on the other side, to facilitate learning. One such initiative has been the country wide launch of an internship program with Max New York Life Insurance Company."

Interested students, as part of their internship will be provided three days of intense training on all concepts and aspects of Life Insurance, the organization and the recruitment process. This knowledge gained at the initial stage of their academic pursuit will be instrumental to their professional career. Trained Interns can recruit agent advisors and on each successful recruitment of an agent advisor, they will be remunerated as per Smart Move Internship Program. In addition to the rewards and recognition schemes offered by Max New York Life, if an intern recruits three or more agents, he qualifies for a pre placement interview, clearing which he may be absorbed as a permanent employee.

About Max New York Life (www.maxnewyorklife.com)

Max New York Life is a joint venture between Max India Ltd., one of India's leading multi-business corporations and New York Life, a Fortune 100 company. Max New York Life Insurance, incorporated in 2000, is one of India's leading private life insurance companies. The company offers both individual and group life insurance solutions. It has established a wide distribution network across India. Through its wide network of highly competent life insurance agent advisors and flexible product solutions, Max New York life Insurance is creating a partnership for life with its customers in India to facilitate them to achieve more.

About IGNOU

The Indira Gandhi National Open University, was established by an Act of Parliament in the year 1985. Today it serves the educational aspirations of about 1.8 million students in India and 32 countries abroad through 21 Schools of Studies and an elaborate network of 58 Regional centres, 1804 study centres, and 49 overseas centres. The University is making all efforts to take higher education to the doorsteps of the hitherto unreached. As of now, we cater to about 10% of all students enrolled in higher education in the country are enrolled with IGNOU. Apart from teaching and research, extension and training form the mainstay of its academic activities. It also acts as a national resource centre; and more importantly, functions as an apex body to promote and maintain standards of distance education.


CONTACT DETAILS
Arpan Basu, Max New York Life India, +91 9818083556, arpan.basu@maxnewyorklife.com
Priya Badshah, Max New York Life India, +91 9820248172, priya.badshah@maxnewyorklife.com
Aparna Sankaran, IPAN, +91 9899957559, aparna.sankaran@ipan.com
Surbhi Chandra, IPAN, +91 9958448543, surbhi.chandra@ipan.com

KEYWORDS
CONSUMER, MARKETING, BANKING, BUSINESS SERVICES, EDUCATION

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