Vous êtes sur la page 1sur 12

CONFIDENTIAL

MetLife

- The Company
143 years (Founded in 1868) experience serving over 90 million customers across the world No.1 Life Insurer in the World US$ 3.7 trillion of Life Insurance in Force as on 31Dec2010 Ranked 46 on the FORTUNE 500 list 2011 No 1 life Insurer in US Ranked 4th In Fortune Magazine 2011 List of Americas Most Admired Companies
*based on Life Insurance in force

CONFIDENTIAL

MetLife - A Truly Global Organization*


Asia Middle East & Caribbean Pacific Africa Australia Bahrain Brazil Banglades Brazil h Egypt Aruba Chile China Jordan and PNA Bermuda Hong Colombia Kong Kuwait Caribbean Costa Rica India Lebanon Cayman Islands Mexico Japan Oman Dominica Panama Korea Pakistan Grenada United States of America Nepal Qatar Netherlands Antilles Uruguay Saudi Arabia St. Kitts, Nevis UAE St. Lucia St. Vincent Trinidad & Tobago The Americas Argentina Europe Belgium Bulgaria Cyprus Czech Republic France Germany Greece

Hungary Ireland Italy Latvia Lithuania Poland Portugal Romania Russia Serbia Slovakia Spain Turkey Ukraine United Kingdom

*MetLife Inc. through its affiliates

MetLife Alico

CONFIDENTIAL

On November 1, 2010, MetLife, Inc. completed its purchase of American Life Insurance Company (ALICO).

With MetLife Alico coming together:


A broader portfolio of products serving more people in more areas Innovative products and services, delivered with a proven record of local know-how The financial strength of the premier global life insurer

LR 1 AV2- One MetLife

CONFIDENTIAL

MetLife India

Commenced operations in 2001


Specialists in Individual, Health, Annuities, Group Insurance & Employee benefits

Comprehensive product portfolio based on researched customer needs


4

CONFIDENTIAL

PNB MetLife : Strategic Joint Venture

LR 1 AV4- PNBMetLife

UFS

MetLife Insurance Manager

CONFIDENTIAL

Insurance Manager Compensation


Fixed Salary (CTC) Employee Provident Fund Employee Gratuity Employee Mediclaim Other related benefits Monthly Incentives at the rate of Product Commission Quarterly Incentives at the rate of R&R Eligible of FA Conferences at the current qualifying Slabs LIFE as Long term retention plan
7

CONFIDENTIAL

Earning Potential-IM
Year No. of policies p.a. NBP (Rs.) FYC (20%) Renewal commission @ 5% (Rs.) Total Earned Commission (Rs.) Salary Y1 12 1200000 240000 Y2 12 1200000 240000 Y3 12 1200000 240000 Y4 12 Y5 12 Y6 12 Y7 12 Y8 12 Y9 12 Y10 12 TOTAL

1200000 1200000 1200000 1200000 1200000 1200000 1200000 240000 240000 240000 240000 240000 240000 240000

60,000

1,20,000

1,80,000 2,40,000 3,00,000 3,60,000 4,20,000 4,80,000 5,40,000

240000 215000

300000 215000

360000 215000

420000 215000

480000 215000

540000 215000

600000 215000

660000 215000

720000 215000

780000 215000

Total Income

4,55,000

5,15,000

5,75,000

6,35,000 6,95,000 7,55,000 8,15,000 8,75,000 9,35,000 9,95,000

72,50,000

Extra Benefits

Foreign Trips

3L Family 25L Self Mediclaim Life Cover

EPF

Training Gratuity Support

CONFIDENTIAL

COMMISSION RATES
Met Bhavishya
Money Back Child Plan

30% 5 Pay 10 Pay 15 Pay Regular Pay 10 Pay 5 Pay Regular Pay Limited Pay 12% 22% 30% 30% 15% 7.50% 25% 7.50% 6% 2% 12% 10%

Met Monthly Income Plan


Guaranteed Monthly Income Plan

Met Suvidha
Participating Endowment Plan

Met Suraksha
The Term Plan

Met Smart Platinum


Unit Linked Whole Life Insurance Plan

Met Dhan Samridhi


Single Pay Unit Linked Plan

Met Money Back


Guaranteed Money Back Plan

Met Easy Super


Non Medical Unit Linked Plan

CONFIDENTIAL

Insurance Manager Grades , Production Target & CTC


Insurance Manager Grade 3
RP Target (Rs) Policy Fixed Salary (Rs) Provident Fund Gratuity Mediclaim Monthly Incentive Quarterly Incentive Incl Met Royale Renewal Incentive LIFE MDRT President Club Other FA Conference

3,000,000 12 500,000
As Applicable As Applicable As Applicable Product Commission Rate FA R&R Rate Renewal Commission Rate As Applicable As per FA Qualification Slab As per FA Qualification Slab As per FA Qualification Slab 10

CONFIDENTIAL

Insurance Manager Performance Agreement



Metrics Monthly Activity Definition (Rs) Quarter Productivity Definition

Insurance Manager has to be Active every month as per Activity Definition Insurance Manager has to meet Quarterly Productivity requirement
Insurnace Manager Grade 1 50,000 20% of Annual Goalsheet Insurnace Manager Grade 2 50,000 20% of Annual Goalsheet Insurnace Manager Grade 3 100,000 20% of Annual Goalsheet

Accelerated Activity

25% Credit to excess business over & 25% Credit to excess business over & 25% Credit to excess business over & above Monthly Activity requirement in above Monthly Activity requirement in above Monthly Activity requirement in subsequent months subsequent months subsequent months

Accelerated Productivity

25% Credit to excess business over & above Quarterly Productivity requirement in subsequent Quarters

25% Credit to excess business over & above Quarterly Productivity requirement in subsequent Quarters

25% Credit to excess business over & above Quarterly Productivity requirement in subsequent Quarters

Insurance Manager not meeting Active Criteria any 2 consecutive months will be terminated Insurance Manager not meeting Quarterly Productivity requirement in any single quarter will be terminated Terminated Insurance Manager can how ever continue with MetLife as 11 Financial Advisor

CONFIDENTIAL

Holiday Trip Pattaya & Bangkok for 2N/3D


4 Lacs. 1 Seat OR 30,000 Gift Card

8 Lacs.
10 Lacs. 10 Lacs.

2 Seat
2 Seat 1 Seat

OR
PLUS PLUS

60,000 Gift card


20,000 Gift Card 1000 USD.

12

Vous aimerez peut-être aussi