Max Life Insurance amongst the top 15 BFSI companies to work for in India

New Delhi, April 11th 2018: Max Life Insurance, one of the leading life insurance companies in India, has been recognized as one of the top 15 ‘Best Workplaces in BFSI (Banking, Financial Services and Insurance Sector)’ in a study conducted by the prestigious Great Place to Work institute. What makes the recognition even more significant is the fact that more than 600 companies participated in the survey this year, out of which 55 were from the BFSI sector. The achievement is a testimony to Max Life’s values-driven culture and strong practices around employee engagement and talent development, which have been the bedrocks of sustained business success.

Speakingabout the achievement Mr. Shailesh Singh, Director and Chief PeopleOfficer, Max Life Insurance said, “It is indeed a proud moment forus. The recognition strengthens our commitment to raising the bar on building agreat workplace. Any organization across any sector stands tall basis thepassion and dedication its employees have for their company and the business itis engaged in. It is the culture of excellence, customer centricity andmeritocracy along with a highly talented team that we have developed over theyears, to help us being amongst the best today. The result of our efforts onpeople centricity resonates equally in our focus on customer centricity andsuperior business numbers.” 

Therecognition holds a lot of credibility with its holistic and credible dual-lensmethodology. Great Place to Work Institute has been accessing workplacecultures across hundreds of organizations in India for more than a decade. Thefirst lens looks at workplaces from the employees’ perspective and assigns atwo-third weight to the voice of employees. The remaining one-third is assignedbased on the strength of people practices implemented across the organization. 

Theachievement is a result of consistent efforts that the organization made forthe well-being of its employees. At Max Life employees are encouraged to beproud of what they do, share their ideas, collaborate with others and realisetheir full potential and also help other people realise theirs. We strive tocreate a working environment where people are cared, feel respected and feelprofessionally fulfilling. We are committed to doing what is right, as part ofour mission and listening to voices from outside and inside becomes verycritical. Emphasis is laid on bottom-up and purpose backward communication,which acts as internal lever of growth. 

Theorganization nurtures a culture of meritocracy through setting of aspirationalgoals and objective assessments done in a transparent and fair manner. A robustperformance management system enables high performance culture by providingclarity and alignment on organization and individual employee goals. Above all,the organization believes in collaborating – working together to achieveresults, which is the bedrock of our values. Max Life believes in the power ofone, as every employee partners in the company's progress by providing theirviews, thoughts and inputs. The entire organization is aligned from top-down towork collectively towards the strategic direction that we set out through rigorous consultation and discussions with our employees.

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