Notice
Star Health and Allied Insurance Co. Ltd. — Apprenticeship Program FY 2024-25[cite: 12] Position: Trainee Bancassurance Relationship Manager · Locations: Across India[cite: 12] Monthly Stipend: ₹9,000 (₹4,500 Star Health + ₹4,500 Govt DBT) + ₹2,000 Petrol Allowance[cite: 12] Absorption CTC: ₹3.0 LPA for Successful Apprentices · ₹3.5 LPA for Star Performers[cite: 12] Eligibility: UGC Graduate (passed after Apr/2020) · Age: 20-24 years[cite: 12]
FY 2024-25 · Star Health Apprenticeship
Bancassurance Channel Across India Locations

Start your healthcare career at Star Health — learn, perform, & convert.

Join Star Health and Allied Insurance Co. Ltd. as a Trainee Bancassurance Relationship Manager[cite: 12]. Provide professional insurance advice to bank partners, drive health growth, and earn a monthly payout of ₹9,000 + ₹2,000 Petrol Allowance[cite: 12].

⏰
Open to UGC Graduates passed after April 2020 (Age 20–24 Yrs)[cite: 12]. Absorption opportunity with CTC up to ₹3.5 LPA for Star Performers[cite: 12]. Apply via BEEP portal.
₹9K + ₹2K
Stipend + Petrol
₹3.5 LPA
Star Performer CTC
12 Months
Training Period
20–24 Yrs
Age Criterion
Apply Now View Role Details
The Health Insurance Specialist[cite: 12]
Absorption Option up to ₹3.5 LPA[cite: 12]
Pan-India Bank Networks[cite: 12]
★ Stipend & CTC Package
₹11,000 / mo

₹9,000 stipend + ₹2,000 petrol allowance[cite: 12]

Stipend Breakup: ₹4,500 Star Health + ₹4,500 Govt DBT[cite: 12]
Additional ₹2,000 Monthly Petrol Allowance[cite: 12]
Regular Employee CTC: ₹3.0 Lakhs per annum[cite: 12]
Star Performers CTC: ₹3.5 Lakhs per annum[cite: 12]
Snapshot
Stipend Base
₹9,000/mo[cite: 12]
Allowance
₹2,000 Petrol[cite: 12]
Duration
12 Months[cite: 12]
Star CTC
₹3.5 LPA[cite: 12]
Overview
Program Snapshot
Monthly Stipend
₹9,000 / month[cite: 12]
50% Govt DBT Share[cite: 12]
Petrol Allowance
₹2,000 / month[cite: 12]
Field support[cite: 12]
Age Limit
20 to 24 Years[cite: 12]
Strict age limit[cite: 12]
Passing Year
After Apr / 2020[cite: 12]
UGC Graduate[cite: 12]
Absorption CTC
₹3.0L – ₹3.5L PA[cite: 12]
Full-time conversion[cite: 12]
₹11,000[cite: 12]
Total Monthly Payout
12 Months[cite: 12]
Training Period
20–24 Yrs[cite: 12]
Age Limit
₹3.5 LPA[cite: 12]
Star Performer CTC
Two-Wheeler[cite: 12]
License Mandate
Across India[cite: 12]
Location Scope
Training Role

Responsibilities During Training

Develop expertise in bancassurance relationship management, health insurance advisory, and strategic sales coordination[cite: 12].

01
Professional Insurance Advisory
Provide professional health insurance advice to the customers of bank partners[cite: 12].
02
After Sales Service
Ensure complete after-sales service, policy servicing, and customer query resolution[cite: 12].
03
Bank & Company Coordination
Coordinate workflow smoothly between bank branch staff and Star Health teams[cite: 12].
04
Monthly Business Milestones
Work strategically to achieve monthly business targets and contribute to overall growth[cite: 12].
05
Bilingual Customer Interaction
Converse confidently with bank customers of all age groups in English and local language[cite: 12].
06
Health Sector Specialization
Build specialized domain knowledge in health insurance products and IRDAI compliance[cite: 12].
Compensation & Absorption

Stipend, Allowance & Absorption CTC

Financial compensation during apprenticeship and full-time employee absorption packages[cite: 12].

Component Payout / Package Details
Monthly Base Stipend ₹9,000 / month[cite: 12] ₹4,500 paid by Star Health + ₹4,500 credited by Govt of India[cite: 12]
Monthly Field Allowance ₹2,000 / month[cite: 12] Fixed monthly Petrol Allowance[cite: 12]
Absorption CTC (Successful Apprentice) ₹3.0 Lakhs per annum[cite: 12] Offered upon successful completion of the 12-month program[cite: 12]
Absorption CTC (Star Performers*) ₹3.5 Lakhs per annum[cite: 12] Awarded to top performers achieving milestones in the first 3 months[cite: 12]

Note: *Business milestones are announced periodically by Star Health for apprentices during the program[cite: 12].

Candidate Pre-Requisites

Mandatory Criteria & Requirements

Ensure you meet all candidate pre-requisites prior to submitting your application[cite: 12].

Criteria Requirement Specification
Age Limit 20 to 24 years[cite: 12]
Educational Degree Graduate from any UGC recognized university (Any Stream)[cite: 12]
Graduation Year Passed degree after April 2020[cite: 12]
Domicile & Residency Must be a Local Resident[cite: 12]
Language Proficiency Fluent in Local Language + Good Working Knowledge of English[cite: 12]
Mobility Mandate Own a Two-Wheeler (TW) with valid TW Driving License[cite: 12]
Quick Learner
Should possess interest in building a long-term career in Health Insurance[cite: 12]
Confident Communicator
Comfortable conversing confidently with customers across all age groups[cite: 12]
Direct full-time employee absorption track up to ₹3.5 LPA[cite: 12]
Nationwide Network

Posting Centers Across India

Opportunities available in bank partner branches across metro and regional hubs[cite: 12].

Mumbai West
Delhi NCR North
Bengaluru South
Chennai South
Kolkata East
Hyderabad South
Pune West
Ahmedabad West
Jaipur North
Lucknow North
Coimbatore South
Kochi South
Eligibility Criteria

Who Can Apply

Educational Qualification: UGC Recognized Graduate degree passed after April 2020[cite: 12].
Age Limit: Must be aged strictly between 20 and 24 years[cite: 12].
Local Domicile & Language: Local resident with fluency in local language and English working knowledge[cite: 12].
Vehicle Requirement: Two-wheeler ownership with a valid driving license[cite: 12].
Selection Journey

Selection Process

1
Online Application via BEEP
Submit your application on beep.bfsissc.com indicating degree year and license details.
2
Screening & Verification
Validation of age (20–24 Yrs), passing year (post Apr/2020), local domicile, and driving license[cite: 12].
3
Interview & Interaction
Assessment of communication skills, confidence, and interest in health bancassurance sales[cite: 12].
4
Onboarding & 12-Month Training
Joining as Trainee Bancassurance RM with ₹9,000 stipend + ₹2,000 petrol allowance[cite: 12].
Why Apply

Why Join Star Health and Allied Insurance?

Leader in Health Insurance
Train with India's premier standalone health insurance specialist[cite: 12].
Assured Stipend + Petrol Allowance
Receive ₹9,000 monthly stipend plus ₹2,000 monthly petrol allowance[cite: 12].
Employee Conversion up to ₹3.5 LPA
Opportunity to get absorbed as a full-time Employee with ₹3.0 LPA to ₹3.5 LPA CTC[cite: 12].
Bancassurance Channel Exposure
Gain direct experience working closely with established banking partners nationwide[cite: 12].
Application Steps

How to Apply

Follow these simple steps on the BFSI SSC BEEP portal to submit your application.

1
Step 1
Register on BEEP Portal
Visit beep.bfsissc.com/candidate_login and create your candidate account.
2
Step 2
Fill Profile & Pre-Requisites
Enter graduation year (post Apr/2020), age, domicile, and driving license status[cite: 12].
3
Step 3
Select Star Health Trainee Role
Choose the Trainee Bancassurance Relationship Manager role and location[cite: 12].
4
Step 4
Upload Documents
Upload degree certificate, driving license, photo ID, and updated resume.
5
Step 5
Submit Application
Submit application for Star Health screening.
6
Step 6
Track Status on BEEP
Check dashboard for shortlisting and interview intimations.
Got Questions?

Frequently Asked Questions

The position is Trainee Bancassurance Relationship Manager with a training duration of 12 months[cite: 12].
Apprentices receive a monthly stipend of ₹9,000 (₹4,500 by Star Health + ₹4,500 by Govt of India DBT) plus an additional ₹2,000 Petrol Allowance, making a total monthly payout of ₹11,000[cite: 12].
Successful apprentices receive a CTC of ₹3.0 Lakhs per annum. Star Performers achieving milestones in the first 3 months earn a higher CTC of ₹3.5 Lakhs per annum[cite: 12].
Candidates must be aged 20 to 24 years and hold a UGC Recognized Graduate degree passed after April 2020[cite: 12].
Yes, candidates must possess a two-wheeler with a valid driving license[cite: 12].
✦ Final Call to Action

Apply Today and Build Your Health Insurance Career

Join Star Health and Allied Insurance Co. Ltd. as a Trainee Bancassurance RM and unlock employee absorption up to ₹3.5 LPA[cite: 12].

12 MonthsTraining Period[cite: 12]
₹9K + ₹2KStipend + Allowance[cite: 12]
₹3.5 LPAStar Performer CTC[cite: 12]
Apply on BEEP →
beep.bfsissc.com
Eligibility: Graduate (Passed post Apr/2020)[cite: 12]