Posted on September 17 2020
Ajit Jain was born in Odisha in 1951. He graduated in mechanical engineering from the Indian Institute of Technology (IIT) Kharagpur in 1972. He then went to the US to do his MBA from Harvard University in 1978.
Profession
Before graduating from Harvard, Jain worked for IBM as a salesman for their data-processing operations in India from 1973 to 1976. He lost his job in 1976 when IBM discontinued their operations in India.
After completing his MBA from Harvard, he joined McKinsey & Co. In 1986, he left McKinsey to work with Berkshire Hathaway's insurance business. He handles the reinsurance business of the company.
Achievements and awards
Jain is touted to be the successor to Warren Buffet. The latter in praise of Jain has said, "His operation combines capacity, speed, decisiveness and, most important, brains in a manner unique in the insurance business.” Buffet said, “... (Jain’s) mind, moreover, is an idea factory that is always looking for more lines of business he can add to his current assortment."
Buffett has lauded Ajit Jain for his ability to handle critical operations with "capacity, speed and decisiveness", and acknowledged that he has created billions for Berkshire shareholders.
Jain joined Berkshire at a time when the insurance business had just taken off and built it to one of the largest in the world. Over the years, Jain has been acknowledged with generating more profit and more revenue than any other Berkshire employee.
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What are the most in-demand jobs in Portugal for Indians?
Portugal has more than 57,000 job vacancies in several sectors. The most in-demand jobs in the country are in IT, business support centers, hospitality, construction, renewable energy, agriculture, and healthcare. In 2024, the employment rate of Portugal grew to 56%. The average annual salary in this country ranges from € 11,480 to € 130,000. In 2024, the GDP of Portugal increased by 5.5%.
*Want to work in Portugal? Y-Axis is here to provide you with all the necessary support!
The table below has the lists of the most in-demand job roles in Portugal:
In-demand job roles |
Type of Industry |
Average annual salary |
Network |
Information Technology |
€20,000 |
Full-Stack Programmer |
€20,000 |
|
UX/UI Developer |
€24,632 |
|
Chemical Engineer |
Engineering |
€26,500 |
Software Engineer |
€22,500 |
|
Development Engineer |
€36,250 |
|
Project Manager |
Administration, Accounting, and Human Resource |
€20,000 |
Recruiter |
€20,000 |
|
Auditor |
€16,224 |
|
Surgeon |
Healthcare and social services |
€ 1,50,000 |
Caregiver |
€21,600 |
|
Veterinarian |
€22,200 |
|
Economist |
Banking and Finance |
€20,000 |
Financial Analyst |
€17,000 |
|
Insurance Agent |
€20,000 |
*Looking for jobs in Portugal? Avail Y-Axis Job Search Services to find the right one for you!
Indian professionals who are willing to work in Portugal are required to have a visa. The following are the work visas you can apply for:
The following is the list of documents required to apply for a work visa in Portugal:
*Are you looking for step-by-step assistance with Portuguese immigration? Contact Y-Axis, the world’s No.1 overseas immigration consultancy, for end-to-end support!
What are the visa sponsorship jobs in Portugal?
In Portugal, the jobs that offer visa sponsorship include roles in hospitality, health, technology, etc. There are more than 57,000 job opportunities available in the country in different sectors. Candidates interested in these job roles will get a sponsorship certificate from a valid employer in Portugal. The employer has to submit the job offer of the candidate, evidence of social security registration, and proof that the job was advertised to EU/EEA nationals.
*Willing to apply for a Portugal work visa? Y-Axis is here to give you complete guidance!
The table below has the list of the job roles that can obtain visa sponsorship in Portugal:
Visa sponsorship job role in Portugal |
Average annual salary |
IT engineers |
€ 39,000 |
Cybersecurity specialists |
€ 36,000 |
Data analysts |
€24,000 |
Doctors |
€60,000 |
Software developers |
€,39,000 |
Receptionists |
€10,000 |
Exchange advisor |
€14,000 |
Sales Development Representative |
€22,000 |
Operation Specialists |
€25,000 |
Customer Support Associate |
€,15,000 |
*Looking for jobs in Portugal? Avail Y-Axis Job Search Services to find the right one for you!
Employers in Portugal who have a valid sponsor license are allowed to hire workers from outside. They can sponsor employees to migrate to Portugal. The employer needs to apply for a work permit in Portugal on behalf of the employee. Applicants can also apply for a Portuguese work visa with the employer as a sponsor. The employer must obey Portugal's immigration laws.
The following are the criteria for the employers in Portugal willing to sponsor employees:
The following is the list of documents required to apply for a work visa in Portugal:
*Are you looking for step-by-step assistance with Portuguese immigration? Contact Y-Axis, the world’s No.1 overseas immigration consultancy, for end-to-end support!