Why Reliance Nippon Life Insurance Company Limited is a Great Place to Work
Reliance Nippon Life Insurance Company Limited is a Great Place to Work-Certified™ organization. The company has created a Great Place to Work FOR ALL its employees by excelling on the 5 dimensions of a High-Trust, High-Performance Culture™ – Credibility, Respect, Fairness, Pride, and Camaraderie. Reliance Nippon Life Insurance Company Limited is recognized among India's Best Companies to Work For 2022 - Rank 16. Every year, Great Place to Work® identifies India's 100 Best Companies to Work For (with employee strength more than 500) through an objective and rigorous workplace culture assessment process.
Reliance Nippon Life Insurance Company is amongst the leading private sector life insurance companies in India in terms of individual WRP (weighted received premium) and new business WRP. The company is one of the largest non-bank-supported private life insurers with over 10 million policyholders, a strong distribution network of 717 branches, and 63,016 advisors as of March 31, 2020. Reliance Nippon Life Insurance Company is a part of Reliance Capital, a private-sector financial services and non-banking company. Reliance Capital has interests in stockbroking, life & general insurance, proprietary investments, private equity, and other activities in financial services. Inspirational leadership is one of the pillars of building a sense of belongingness and purpose at Reliance Nippon. Beyond communicating the vision, the leadership helps translate the vision into action and goals for each and every employee in the company. Reliance Nippon not only focuses on attracting the right people but also ensures their longevity in the organization by keeping them constantly engaged, inspired, and motivated towards a common goal. They believe in inclusive culture and a collaborative approach towards learning and development.
Some of the Best People Practices and Initiatives at Reliance Nippon Life Insurance Company Limited include -
Apne RNLIC Parivar se Charcha- Soon after the lockdown, they initiated the Apne RNLIC Parivar se Charcha sessions which involved leaders getting together with their teams to have a dialogue on Every employee’s and their families well being, Work from home protocol in the new normal, Address uncertainties, Reassure that leaders are available to address any concerns. Post the sessions, the feedback was collected from employees to gauge reactions on how they equipped they felt to deal with the new normal and to hear their suggestions on how HR can support them. They used various collaboration including Zoom, MS Teams, and Skype to conduct these sessions.
Project Parivartan- Transformation Projects- The objective is to drive a fundamental transformation in the way business is done at RNLIC and change the culture. The Transformation team solves business problems like productivity improvement, persistency improvement, profitability growth. They help change processes, drive the use of technology to achieve desired outcomes.
Financial Services & Insurance
Mumbai
11607 Employees
