Two of our extraordinary seniors are placed at Bajaj Allianz this year Chandra Shekhar Sharma and Vaibhav Goyal.
Bajaj Allianz General Insurance is a private general insurance company in India. The company is a joint venture between Bajaj Finserv Limited (formerly part of Bajaj Auto Limited) owned by the Bajaj Group of India and Allianz SE, a European financial services company. As of 2015, the company has 30 such branches in India. Bajaj Allianz received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration on 2nd May, 2001 to conduct various businesses (including Health Insurance business) in India. The Company has an authorized and paid up capital of Rs 110 crores. Bajaj Finserv Limited holds 74% and the remaining 26% is held by Allianz, SE.
As on 31st March 2015 Bajaj Allianz maintained its premier position in the industry by achieving growth as well as profitability. Bajaj Allianz has made a profit before tax of Rs. 777 crores and has become the only private insurer to cross the Rs.100 crore mark in profit before tax in the last two years. The profit after tax was Rs.562 crores, 39% higher than the previous year.
When we came around to asking the seniors about their placements this is what they told us: –
“It was one of the happiest moments of my life and I’m really liking this job, I would like to thank the institute for all the knowledge and support that has been bestowed upon me.”
– Chandra Shekhar Sharma
“It has been a great learning experience for me and I truly owe ILNU. I hope to learn a lot more here.”
– Vaibhav Goyal