Mumbai: Bringing smile to the job-seekers, it has come to knowledge that Reliance Life will be recruiting some 3000 people in the current fiscal year.
Leading private sector insurer Reliance Life today informed that it has hired 2,500 persons under a new distribution model, wherein insurance agents would get fixed stipend and variable commission, while 3,000 more people will be recruited during the current fiscal.
The hiring plans were announced by Reliance Life Insurance Company (RLIC), part of Anil Ambani-led Reliance Group’s financial services arm Reliance Capital Ltd, along with the launch of ‘Career Agency’, a new distribution channel aimed at enhancing the company’s reach and footprints across the country.
Under the new channel, RLIC plans to hire 5,500 career agents across 220 branches by end of 2012-13. Out of this, RLIC has already recruited around 2,500 career agents and deputed them at over 150 branches across the country and will hire about 3,000 career agents in the next three months.
The company had a distribution network of 1,230 offices and over 1,50,000 advisors as on March 31, 2012.