HDFC Life partner with Manipal Global Education to launch a unique Digital Source, Train and Hire Model with the Young Managers Program. Mr. Rajendra Ghag, Sr. Executive VP and CHRO, HDFC Life and Mr. Ravi Panchanadan, President and COO were present for the signing formality
HDFC Life Young Managers Program (YMP), is a one-of-a-kind employment initiative in the Life Insurance Industry structured to leverage technology to source, train and Hire Young Managers.
As part of this partnership, Manipal Global will leverage its digital capabilities to source candidates for HDFC Life YMP and enrol candidates on Manipal’s digital learning platform (EduNxt) to deliver a customized one month online training program for HDFC Life.
Young Managers Program is an intensive 3-month certification program, with a comprehensive course structure that involves online Training on Manipal’s EduNxt Technology platform.
The online program is for a month followed by two months’ of robust on-the-job training across HDFC Life branch locations. The Program assures a guaranteed job at HDFC Life which is offered to candidates who are successfully completing the requirements of the Certification Course during the online training and On-job training within 3 months course duration at Manipal.
Candidates will be hired as Sales Employees in different channels with HDFC Life with a fixed salary of INR 1.80 – 2.20 lakhs per annum + incentives on successful course completion of 3 months training.
Speaking on this occasion, Mr Rajendra Ghag, Sr Executive VP & CHRO, HDFC Life said “We are excited to launch HDFC Life's 'Young Managers Program' which indeed is a revolutionary step in the direction of employee recruitment and training. Besides offering certification in 'Life Insurance Selling Skills (CLISS)', the program, on it's successful completion also offers guaranteed employment with HDFC Life. The 3-months learning journey in this program is on digital platforms and thus empowers candidates to learn and secure a job on-the-go!
It is a step change initiative in an industry (life insurance) which has a huge potential in India going forward and the first movers, these young managers are certainly going to reap the fruits by being part of this programme”.
Speaking on this occasion, Mr. Ravi Panchanadan, President & COO, MaGE said, “We are delighted to partner with HDFC Life on this unique initiative in the Life Insurance Industry to source, train and Hire Young Managers. Manipal Global has made significant investments in building digital capabilities and technology platforms to source and train new-age learners. We are humbled that HDFC Life has chosen our solution to source, train and Hire Young Managers”.