Magutam Yada Laxmi

Senior Business Development Manager - Rural Retail and Micro Insurance

SBI General Insurance Co. Ltd.

Hyderabad

08.2024 - 03.2025

You will be reporting to the State Coordinator.
You will be on probation for a period of 6 months.
Your confirmation in the service of the Company will be subject to your successful completion of your probation period.
During the period of your probation and upon any subsequent confirmation, your Fixed CTC will be Rs. 5,50,000/- (Five Lakh Fifty Thousand Rupees only) per annum.
This will be an all-inclusive cost to the company (CTC) for availing your services.
The company reserves the right to utilize your services at any other place within or outside the country.
This is a provisional offer.
The Company shall carry out an extensive background verification after your appointment in the company.
Your appointment shall be voidable at the sole discretion of the company in case the outcome of the background verification is not satisfactory to the Company.
The remuneration offered to you is confidential in nature.
While in service, you will not work for anybody else for remuneration, honorarium or for any other consideration without the written permission of the company.
In case of your resignation or termination by SBI General Insurance Co. Ltd. for any reasons whatsoever, the admissibility or otherwise payment of any incentive and the quantum of such incentive to be paid shall be at the sole discretion of the Management.
In case you resign before your confirmation, no other incentive would be payable.
The normal age of superannuation shall be 60 years.
This offer letter is valid for a period of 90 days from the date of issuance.