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Management Trainee Officer EFU Life Assurance Ltd More jobs from this company	Email this job

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Job Title:		Management Trainee Officer
Category:		Business Development
Total Positions:		7
Job Location:		Islamabad, Rawalpindi, Taxila, Wah Cantt
Gender:		No Preference
Age:		22 to 60 years
Minimum Education:		Intermediate/A-Level
Degree Title:		Graduates & Above
Career Level:		Intern/Student
Minimum Experience:		Fresh
Salary Range:		PKR 0 to 0 per Month
Apply By:		Sep 8, 2017

Job Description:

EFU(since 1932) is the premier insurance group in Pakistan with over PKR 95 Billion investment in Pakistani markets. Our membership with MEFIN,MDRT(USA) and awards being won from World Global Finance, MAP-Pakistan, Consumer Association of Pakistan etc marks our International and National stature.

EFU Life Assurance Ltd is the largest Life Insurance company in private sector and Pakistan's top asset manager with funds under management exceeding Rs 100 Billion. Our association with world's top re-insurer's i.e; Munich-Re, Swiss-Re and Hannover-Re, reinforce our financial strength. Being the only life insurance company being awarded with ISO 9001:2008 ensures our international standards.

EFU currently has 250+ branches spread all over map of Pakistan. As per our vision to extend our services, EFU Life invites young career oriented graduates/undergraduates to join its Management Trainee Officer Program.

EFU Life Assurance Ltd is poised to be the Most Admired Life Insurance Company in world with team competent, committed and motivated employees on board in the exciting landscape of the Insurance Sector in Pakistan.

If you want to join a workplace that’s fast paced, built on values and helps secure peoples' lives - when they need it the most, look no further.

The value proposition at EFU Life Assurance Ltd gives our employees an opportunity to grow exponentially. Take a look:

Clarity of purpose

We ensure that all our employees are clear of what is expected of them - at any point of their journey with us.

Inclusive meritocracy

Superlative Performance is recognized by our innovative and reward and recognition plans - irrespective of the hierarchy, levels or function.

Learning opportunities

EFU Life Assurance Ltd is committed to a learning path for every position - From on the job learning to formal training - We are committed to every employees development.

Commitment to a published value system

Our values of care, honesty, excellence, knowledge, integrity and teamwork are the foundation of every action at EFU Life Assurance Ltd. We live our values - Everyday, Every Moment and Every Second!

Career growth

All jobs have a structured, clear and unambiguous growth path. At any time you know what you have to do to move to the next level.

Fair financial rewards

We have provided a suite of competitive, comprehensive and flexible compensation and benefits programs that let you meet your needs and aspirations.

Ability to influence change

You have the enviable opportunity to shape a better future - Not just for your customers, but for yourself as we evolve in our journey of protecting lives.

Fun at work

And yes, we do have our share of fun at work - while chasing deadlines and targets - All at the same time!

WHO SHOULD APPLY:

Committed
Zealous
Go Getter
Goal & Career Oriented
Graduate. Masters would be preferred. (Preferably finance or marketing graduate)
Minimum age 23

EFU Life is an equal opportunity employers. Females are encouraged to apply

Company Information

Company Name: EFU Life Assurance Ltd
Company Description:
The Eastern Federal Union Insurance Company was registered in 1932 in the city of Calcutta, India. The company operated in India and Burma and sold both general and life insurance. In 1947, with formation of Pakistan, EFU (as the company was popularly recognized) moved to Pakistan and rapidly established itself as the leading insurance company in the Country.
By 1961, the company was the largest insurance company not only in Pakistan but also in all of Afro-Asian excluding Japan. It remained so until 1972 when life insurance in Pakistan was nationalized. From this time onwards EFU operated solely as a general insurance company.

EFU General today is the leading general insurer in Pakistan. It has a vast branch network covering all areas of the country and employs over 1200 individuals at its Head Office and in the branch network.
In 1992, the Government of Pakistan opened up life insurance to the private sector and EFU Life Assurance was incorporated in 1992 as the first private sector life insurance company. EFU commenced writing group life insurance business in the same year, individual life business in 1994 and is today the largest life insurance company in the private sector in the company.

EFU Life is managed by a team of professionals with extensive life insurance experience in the United Kingdom. This has helped the Company establish a professional culture unique amongst life insurance business in Pakistan. The company employs five full time actuaries and also has an active involvement of one the leading actuarial firms in the country.
EFU Life is the first life insurance company in Pakistan to be awarded the ISO 9001:2000 certification which has now been upgraded to ISO 9001:2008. It is also the first life insurance company to have “Insurer Financial Strength” rating which is currently AA-,Outlook:Stable, from JCR-VIS, an affiliate of Japan Credit Rating agency.

EFU Life has a comprehensive range of products which has been developed after extensive research of financial services in western countries such as the United Kingdom. These products are designed to meet the varying needs of EFU Life’s clients and offer the best in financial services.

The third company in the EFU group is Allianz EFU Health Insurance Ltd which is dedicated to providing health insurance to individuals and corporations. It is a joint venture with Allianz of Germany, one of the largest insurance companies of the world. Allianz EFU Health is Pakistan’s first specialized health insurance provider.

EFU is the only insurance group in Pakistan to provide a full range of insurance services; this includes life, health and general insurance.

A pillar of EFU’s strength lies in its close and long term relationship of over 50 years with its main re-insurer, Munich Reinsurance Company of Germany, one of the leading reinsurance companies in the world.
Another unique feature of EFU is a voluntary review mechanism by the companies to keep under review their operations, by professionals of international repute. EFU General has taken Mr. Wolfram Karnowski, who retired at a very senior level from Munich Reinsurance Company of Germany, on its Board of Directors. EFU Life has appointed Mr. Michael Bell, an eminent UK based actuary (retired from Watson Wyatt and currently chairman of a large UK based life company), to carry out an annual review of the company’s policies and operations. This independent review enables the company to keep abreast of international changes in the industry and ensures that the management adopts the best international practices.

EFU believes in prompt settlement of claims and that has been our claim to success in the pre-nationalization era. We certainly uphold that image and try to make it even better; we undertake to settle claims within 7 days of the receipt of completed claim documents.