Jubilee Life Insurance

Group Member
Awais Khan
Musharaf Hussain Ishtiaq Mazhar Muntazir Hussain Babar Ali

Background
New Jubilee Life Insurance Company Limited Incorporated in Pakistan on the 29th of June 1995. New Jubilee Life Insurance started its operations on 20 June 1996. Its shares are quoted on Karachi Stock Exchange with a paid up capital of Rs. 627 Million.

Continue
Jubilee Life is a subsidiary of the Aga Khan
Fund for Economic Development (AKFED), Switzerland. AKFED is the economic development arm of the Aga Khan Development Network (AKDN), a group of private, non-denominational development agencies

Continue
With successful projects across Asia and
Africa, AKFED is one of the worlds

foremost private development agencies

active in the fields of industry, financial

services, tourism development and

infrastructure.

Organization Structure

CEO HR Manager Finance manager Marketing Manager

Group manager

Job analysis
We are going to conduct job analysis in order to make a job description for orient enterprises to help in recruiting a Group manager. We have used a qualitative method for this purpose and conducted a questionnaire. New Jubilee insurance has any present job description for hiring a marketing manager but we are helping to hire a group manager.

Job Analysis Questionnaire

We use different type question to get the require information which us in job description. Education Experience Job Complexity Working Condition Motivation

Job description
Duties and responsibility Competencies and skills Qualification Experience Jobs performance measures Process Organization Knowledge

Advertisement

Continue
New Jubilee Insurance company in Peshawar Branch the have total budget is Rs.50,000 The advertisement will publish in Mashriq news paper. Mashriq News Paper will charge Rs.4000 per ad. They are mostly use promotion strategies for empty vacancies.

Selection Process:
Initial Screening:
The entire applicants who apply for the post will be

screened.
The applicants who do not meet the required criteria for the post will be eliminated. The criteria for the post are to be based purely on the job specification

Continue
Application Forms:
The applicants who pass the initial screening stage will be required to fill the actual application/ employment forms and submit them duly.

Employment test:
All the potential candidates who have successfully passed the above two levels for Range I, II & III are required to undergo a selection test arranged by Human Resource Department. Those obtaining 50% or above points will go to the next step in the selection process.

Continue
Comprehensive interview
The interview will be a structured interview format Interview will be consist of complex and practical questions The company will follow a professional standard of interview process Interview form will be consist of some educational background and experienced.

Continue.
After the employment test, interviews will be
conducted in order to get in depth knowledge about the applicants from all candidates with 50 % or above marks in the test. The successful will be interviewed two times by two different concerned officials sequentially

Continue
Branch manager
Regional manager
Then the top 3 selected applicants names details and
the grading sheets will be forwarded to the head office for approval.

Continue
Job conditions:
The top 3 applicants selected for this post will

need to satisfy job condition and their

signatures on stamp papers become mandatory.

Continue
The individuals who are unable to comply with
the conditions are screened out. The compiled applicants need to give their consents for their background investigation. Salary package, three year contract and work schedule are discussed here too.

Continue
Background investigation
HR will verify the details provided by the applicants from the officers and verify their highest educational degrees/ certificates from the concerned university/ board.

Feedback from their last employer will also be obtained

with regards to their honest, integrity and performance before confirmation of services.

Continue
Permanent Job offer
After all the conditions and procedures are complete, the head office on recommendation

by the branch manager and regional manager

will approve and select the best applicant from

the top 3.

Continue
Permanent job offer/ appointment letter will be
issued by Human Resource Department to be jointly signed by authorized signatories i.e. recruitment manger/ DGM/GM HR as the case may be.