PolicyBazaar.com announces to generate 2,500 more jobs in FY 19
Insurance aggregator website, PolicyBazaar.com celebrated its 10-year anniversary by organising an event called "UnBeat10" for its existing and preceding employees.
To mark the moment, the company declared that it will generate 2,500 more jobs in FY19, taking its workforce headcount to 6,000 people. Growing 100%, Y-o-Y PolicyBazaar.com is targeting and planning to underwrite premium worth Rs. 10,000 crore, increase its exceptional customer base to 1 crore and grow its revenue to Rs. 1,500 crores by 2020.
This year, the company has added space of more than 1.15 lakh square feet across 5 new offices and took its whole office space range to 2.5 lakh square feet across 9 buildings in Gurgaon.
“It’s been a long and challenging journey to make it to the 10th year. We effectively started with 14 hardworking individuals. We always believed in doing things at the right time to stay ahead in the highly competitive market. During these last ten years, our passions for technology, the commitment of each employee; and their distinctive competencies have been the driving force to build a successful venture. We are hopeful for the similar success and dedication by employees in the new ventures of the Group.” said Yashish Dahiya, Co-founder & CEO, PolicyBazaar.com
“Over the years we have acquired a huge customer base having unique needs. This presents a challenge and an opportunity for us because sustaining the momentum will be a critical factor for fuelling further growth for us and we clearly appreciate that customer acquisition and retention will be based on solving their problems quickly and efficiently”. Says Alok Bansal, Co-Founder, and CFO, Policybazaar.com, on the event.
For PolicyBazaar.com, the new employees will be mainly in the customer support, where it supposes to add 2,200 roles, while the rest of the jobs would be dispersed across corporate and tech functions.
The new workforce in the customer support function is likely to counsel and support consumers in understanding several insurance products such as life, health and motor, and managing their purchasing experience.
In the future, the company plans to publicize the potential openings across their website and LinkedIn page.
