People's Insurance Company "5855" was honored at the life insurance headquarters: Fu Anping resigned! Is the "5+2" major adjustment about to begin?

For any enterprise to be revitalized, it needs fresh blood.

As the eldest son of *** and China Insurance Company, PICC Group, after a long period of silence, recently announced with a high profile that it would "return to the C position in the industry" under the leadership of its new boss. This undoubtedly requires more high-end talents for strategic support.

Following the adjustment of the president of PICC Property and Casualty Insurance Company in mid-March, on April 1, media reported that PICC Life Insurance had undergone changes in its main leaders. On the morning of that day, PICC Life held a relevant system meeting. At this meeting, Fu Anping was removed from his position as Party Secretary and President of PICC Life, and Wang Wen was appointed as the interim person in charge of PICC Life.

On the afternoon of April 1, the People's Insurance Company of China announced that Fu Anping was appointed as the general manager of the Risk Management Department of the People's Insurance Company of China.

This is the first time that PICC Group’s “5855” personnel policy has been implemented at PICC Life Insurance Headquarters, which can be said to pave the way for PICC Life’s next step in further personnel adjustments.

In addition, another personnel policy within the PICC Group, "5+2", will also have a considerable impact on some middle-level cadres.

Fu Anping abdicates

PICC Life Insurance Headquarters implements the "5855" policy

Information shows that Fu Anping, who was born in February 1963, is 58 years old and is from Nankai University. The university’s first actuarial graduate student and the first batch of actuaries in China. He started working in 1982 and can be said to be a veteran in the insurance industry.

Judging from his resume, Fu Anping has served as deputy director of the Insurance Department and director of the Life Insurance Department of the People's Bank of China, former deputy director of the Personal Insurance Supervision Department of the China Insurance Regulatory Commission, and former deputy director of the Beijing Insurance Regulatory Bureau. . After joining the PICC in 2005, he has been in the PICC system. Now, Fu Anping's PICC career has spanned 16 years. As president of PICC Life Insurance, Fu Anping has experienced three chairmanships, namely Wu Yan, Miao Jianmin and Xiao Jianyou.

In the past 16 years, it can be said that Fu Anping has experienced reforms and changes in PICC. Whether it was from PICC Holdings to PICC Group or the two subsequent listings, Fu Anping was a witness and participant.

On the one hand, he has a supervisory background, and on the other hand, he has worked in an insurance company for many years. His rich experience makes him an important figure in the operation of PICC Life Insurance. Because he is good at actuarial work, Fu Anping is also considered the leader of actuarial science in China. According to data, after joining PICC Life Insurance, Fu Anping also participated in the composition and recruitment of the actuarial department, and set up a risk management and control department.

However, with the trend of a younger management system and the personnel considerations of PICC, Fu Anping retired to the second line and was appointed as the risk manager of PICC Group when he was still two years away from the official retirement age. Department General Manager.

Let’s look at Wang Wen, the interim head of PICC Life Insurance who was appointed this time. He is also an insurance industry veteran with rich management experience.

Information shows that Wang Wen, born in 1969, is 52 years old and graduated from Peking University. He previously served as assistant to the general manager and deputy general manager of CPIC Life Insurance Beijing Branch. After joining PICC, he served as leader of the preparatory team, deputy general manager (in charge of work), deputy party secretary, general manager, and party committee secretary of PICC Life Insurance Beijing Branch. After that, he was transferred to PICC Life Insurance Company as vice president and chief investment officer, and was in charge of personal insurance, bancassurance, group insurance and investment businesses.

Although the candidate for the position of president of PICC Life Insurance has not yet been announced after Fu Anping was dismissed, judging from the arrangement of the temporary person in charge, "rejuvenation" will be one of the key factors considered by PICC.

Luo Xi’s vigorous and vigorous “5855” policy continues to be implemented

In fact, when it comes to personnel changes in PICC, it has been since Luo Xi was transferred from China Taiping to PICC in September 2020. Speaking of.

On the third day after Luo Xi took office, Luo Xi went to the Beijing Branch of the Group’s R&D Center, the Internet Branch, and the PICC Property & Casualty Insurance E-Commerce Center for workplace research; he listened to the work of relevant companies report. On the eighth day after taking office, the official WeChat account of PICC Group was renamed from "PICC People's Insurance Company of China" to "People's Insurance Company of China". Move quickly, work compactly, without any sloppiness.

It is reported that as a giant in the insurance industry, the personnel relations within PICC are relatively complicated and there are various nepotisms. Luo Xi has criticized this in internal meetings many times.

After Luo Xi took office, PICC Group formulated a “three-determination” arrangement. After all, the "operation" of the main business subsidiaries involves not only personnel arrangements, but also company development issues. In terms of personnel selection, Luo Xi also set new rules within the PICC system.

It is reported that Luo Xi has formulated the "5855" personnel policy at the People's Insurance Company of China, which means that male and female cadres must retreat to the second line after they reach the age of 58 and 55 respectively. Moreover, in previous surveys and related symposiums, Luo Xi also revealed the signal of "selecting more young people from grassroots personnel, focusing on equipping front-line cadres, and reusing cadres with outstanding performance in practical work."

Judging from PICC’s 2020 performance report, there have indeed been many changes in directors, supervisors and senior management since Luo Xi took office. For example, Zhao Jun, the group’s chief information technology executive, retired.

Moreover, many people within PICC Group and its subsidiaries are facing the reality that they are about to "age out". The “5855” policy has been implemented in PICC Property and Casualty Insurance and PICC Health.

In the PICC Life Insurance provinces, there are also individual executives implementing relevant policies, but the headquarters has not taken action and a supporting implementation plan has not been released. However, Fu Anping's abdication may be a beginning for PICC Life.

It is reported that on March 16, the president of PICC Property and Casualty was also replaced. Xie Ququn, vice president of PICC Group and president of PICC Property & Casualty Insurance, retired at age, and Yu Ze, vice president of PICC Group, was appointed as party committee secretary and proposed president of PICC Property & Casualty Insurance. Moreover, at the 2020 results conference, Yu Ze also attended and answered a series of questions about PICC Property and Casualty for the first time as the proposed president of PICC Property and Casualty Insurance.

On April 1, in addition to Fu Anping, PICC Life also removed Li Tao from his posts as deputy secretary of the party committee and director of the labor union working committee, and replaced him with the post of full-time chief supervisor of PICC Life.

The implementation of the "5+2" personnel system has affected a large number of middle-level cadres

From the perspective of PICC Property and Casualty Insurance and PICC Health, most of the senior executives who have retreated to the second line play the role of experts or consultants , however, because PICC Life Insurance does not have a unified implementation plan, retirement is still based on individual policies.

"A Smart Insurance" understands that in the next step, PICC Life Insurance may formulate a unified plan for the group's "5855" policy. In the next step, senior executives of provincial branches of PICC Life Insurance aged up to 58 years old will have rules to follow.

In fact, in addition to the great impact of the "5855" policy on the personnel adjustment of the People's Insurance Company of China, there is also another hard system "5+2" that will have an impact on a large number of middle-level cadres.

It is reported that in the personnel adjustment within PICC, in addition to promotions from subordinates, there are also many airborne personnel. Most of these personnel have no insurance work experience, but they have been engaged in management work in leading cadre positions all year round. To this end, Luo Xi introduced the "5+2" system after taking office, requiring leading cadres to have 5 years of experience in the main insurance industry and 2 years of experience in grassroots training.

Such hard targets and hard thresholds will shut out a large number of middle- and high-level leaders.

However, the "5+2" system has not been widely promoted, and the specific implementation plan is still unknown. However, if middle-level cadres do not meet the regulations, it will undoubtedly be a disadvantage for promotion. Executives will be even more hopeless. It is very likely that a large number of middle-level leading cadres need to "make up for their experience" or change positions.

Pressures and opportunities for the new president of PICC Life Insurance

Returning to the personnel adjustment of PICC Life Insurance, what challenges will the new president face when he arrives in the future?

At present, PICC Property & Casualty, the leader of property and casualty insurance, is mainly driving the business development of the PICC Group. The development of its two subsidiaries, life insurance and health insurance, is still weak.

Judging from the development of the past ten years, the premium income of PICC Property and Casualty Insurance Company is more than three times that of the other two companies. The development of the three major business pillars of PICC Group is relatively uneven. There is no doubt that PICC Life Insurance will be a major engine for PICC to build a comprehensive insurance group, and it has high hopes. With such an important position, future successors will face considerable pressure.

In addition, from the comparison between PICC Life Insurance and its peers, there is still a lot of room for growth in the development of PICC Life Insurance.

Judging from the development scale in 2020, PICC Life Insurance is growing rapidly, but the pressure is also not small. After all, under fierce competition, only by seizing the market can we win the market.

At the 2020 PICC performance conference, Luo Xi said that although PICC Life unswervingly promotes the "large individual insurance" strategy, continues to promote the implementation of the "Pan Rock Plan", and focuses on sales capacity building and infrastructure construction, The quality of the individual insurance agent team continues to improve, but in terms of individual insurance, the foundation of PICC Life Insurance is still relatively weak, and the individual insurance team needs to be strengthened.

This article comes from A Zhibao