What it does: Acko provides general insurance services such as motor insurance, mobile insurance, domestic insurance, and health insurance including COVID-19 health insurance.
Mission: Acko’s mission is to make insurance effortless through its online-led model and by improving every aspect of insurance.
Size and presence: 251-500 staff members. The company has offices in Mumbai and Bangalore, India.
Best known for: Acko General Insurance is a fast-growing insurance company in India providing a wide range of affordable insurance covers in a convenient way by utilizing an all-digital model.
The good bits: A positive work environment complemented by fair remuneration rates at all levels. Acko’s pace of work is comfortably fast and allows for you to work 8 hours, or less, per day.
The not so good bits: Work pressure can sometimes get high due to the practice of setting targets for employees to meet.
Varun Dua collaborated with Ruchi Deepak and co-founded Acko General Insurance in 2016. They set out to change the face of the general insurance industry in India from a bleak image to a vibrant and vivacious perception by the public. Acko is India’s first digital insurance company with an all-digital model.
The company revolutionized insurance by taking it online and largely wiping out the paperwork associated with insurance. It came up with unique insurance products that give better value to customers. Acko prides itself on making insurance effortless and easy to access for all people.
The team at Acko has grown from 6 members of staff to more than 400 ‘clansmen’. Over the years, the team has shown that it is a winning team and earned incredible partners for Acko. Customer love for Acko’s bite-sized product offerings has led to the company winning many awards over the years.
Acko has a friendly and vibrant work environment with several programs to ensure staff motivation and healthy working conditions. Additionally, there are numerous learning and development opportunities at Acko for continuous improvement of staff knowledge, capabilities, and skills. Both freshers and grads enjoy the work environment at Acko and learn a lot of useful skills during their internships.
At Acko, you get an opportunity to work with a reliable team of game-changers within the insurance industry. Students who intern at Acko build their skills package and get a deep understanding of how an insurance company works.
The recruitment process to join Acko General Insurance typically starts with publishing job opportunities on the company website. You can apply for the job directly on the website.
If there is no job that fits your skills, you can email Acko and start a conversation with the company about finding a position that is relevant to you.
In the job application process, Acko requires you to enter different types of information including your names, and contact details, and upload your CV. You are also required to indicate current employment where applicable as well as the remuneration you are getting and the remuneration you expect to get at Acko.
After successfully filling in the required information in the job application form, you will get contacted by Acko’s human resource department and get guidance about the next steps in the recruitment process. Acko uses the Hirexp recruitment and candidate experience software to manage aspects of the recruitment process.
Acko has built a diverse team and innovative products in a collaborative culture. This has earned the company many awards and accolades. Acko is an equal opportunity employer. The company is ‘Great Place to Work’ certified and has consistently featured on the list of top startups on LinkedIn. Graduates have the ability to join Acko, learn the company culture, improve their skills, and climb up the ranks with ease in this company.
Acko pays competitive wages to all its employees. On average, salaries range from approximately 2 Lakhs per year for a customer service representative, to 27.3 Lakhs per year for a product manager. For a software development engineer in test, the salary is around 12,01,555 rupees per year. In comparison, an assistant manager earns 8,78,851 rupees per year, and an associate director draws a salary of 40,73,342 rupees per year.
Acko is a generous participant in many social responsibility activities and programs. The company even has a cricket team as part of its corporate social responsibility program. It also gives assistance to many sports teams as part of its efforts to give back to the community.
In 2022, Acko immensely helped cricket fans in Maharashtra to watch live matches. Acko organized the Fan Arena program where fans got access to a drive-in set up where they could watch live matches between their favorite teams, especially the home team of Maharashtra state.
A spin-off of Acko’s Fan Arena is the Dream Truck that went through Delhi, Lucknow, Kolkata, Mumbai, Ahmedabad, Bengaluru, and Hyderabad to bring the joys of the Fan Arena to cricket fans in these cities.
There have been accusations of Acko failing to deliver on its promises and policies with respect to employees.