What Challenges Do International Insurance Companies Face in Hiring Today?

nitin saxena
Hi all,

Since the insurance industry has grown and more international companies like Max Life Insurance are emerging, please share what challenges exist for this industry.

Regards,
Rooma
rabiadhody
Hi Rooma,

You are right in saying that life insurance companies are emerging rapidly. The main challenge in this industry does not end with hiring; it extends to employee retention as well. For specifics in hiring, I can put it this way:

1. Recruitment in rural areas - places where the urban setup is not present.
2. Hiring the right kind of employees.
3. Having someone to manage the entire recruitment process. Organizations now prefer to outsource the setup of branches to consultants, which is the toughest area for them to recruit in and allow them to work as co-owners to establish the entire branch. :-)

I hope I have been able to address your query.

Regards,
Rabia
Regional HR Manager
Reliance Life Insurance
dhiren1980
Hi Vivek,

I want 10 P's of the insurance industry.

Warm Regards,
Dhiren

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ashu_mms
Hi, I am Ashish from Max New York Life. Currently, I am the recruitment in-charge for our branch. I have noticed that recruitment in the insurance industry can be quite challenging. I would appreciate it if anyone could help me by suggesting different strategies for recruitment that could assist me in my role.

Regards,
Ashish
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