LIC RECRUITMENT OF FINANCIAL SERVICE EXECUTIVES 2012-2013 - OPENINGS IN LIFE INSURANCE CORPORATION OF INDIA.
LIFE INSURANCE CORPORATION OF INDIA.
Central Zonal Office Bhopal
OPENINGS IN LIC INDIA
Notification for Engagement of Financial Service Executives on contract basis for 3 years, 2012-2013
Position : Financial Services Executives
No of Openings : 48
Job Locations : Bhopal, Bilaspur, Gwalior, Indore, Jabalpur, Raipur, Satna, Shahdol
LIC's various Divisional Offices of Central Zone (M.P. & Chhattishgarh)
Job Type : contract basis for 3 years
Application Fees : Rs 100/-
Pay scale : A Financial Services Executive will be paid a fixed amount every month (1st Year Rs. 10000/-, 2nd Year 11300/- & 3rd Year 12700/-) and incentives based on the yearly performance.
Role description : It is primarily a Marketing job. The FSE’s shall be directly responsible for Procuring New Business, providing Policy Servicing and related jobs from the Bank Branches / other outlets allotted to them. They shall also carry out any other instructions given to them from time to time. For this purpose considerable movements including tours covering entire area allotted to them are involved.
Eligibility:
1. Bachelor’s Degree of a recogonized University in India OR Diploma in Marketing / Management
2. Good working knowledge of English and also one Regional language preferably local language is desirable
3. Knowledge of soft skills such as Power Point / Word / Excel would be additional advantage
4. Applicant should be of 25 to 35 Years
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Selection Process
Written test >> Interview
Written Test will be of Objective Type covering Test of Reasoning, Numerical Ability and General Knowledge. The date and venue of the written test, if to be conducted, will be communicated to the eligible candidates individually.
The selected candidate will have to undergo Theoretical Training, pass an examination conducted by the IRDA and obtain a license to procure Life Insurance Business. After procuring the license, if the candidate is found suitable for selection in accordance with the scheme, may be engaged as a Financial Services Executive on Contract basis subject to conditions framed by the Corporation.
Candidates successful in the written test (if conducted) or eligible candidates will be called for an Interview.
How to apply
Candidates satisfying the conditions of eligibility as on 01.03.2012, shall submit their Application in the prescribed format
The following shall accompany the Application:
1. Demand Draft of Rs 100/- drawn in favour of LIC of India Payable at Divisional Head Quarter towards application fees.
2. Attested Photocopy of Caste Certificate in respect of SC/ST candidates.
3. Attested Photocopy of Qualification Certificate and Age Proof.
4. Attested Photocopy of Discharge Certificate in respect of Ex-servicemen.
Last date for receipt of Application Form together with Demand Draft towards application fees will be
09.04. 2012.
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LIFE INSURANCE CORPORATION OF INDIA LIC WEBSITE
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Life Insurance Corporation of India (LIC) is the largest insurance group and investment company in India. Its a state-owned where Government of India has 100% stake. LIC also funds close to 24.6% of the Indian Government's expenses.
Headquartered in Mumbai, financial and commercial capital of India, the Life Insurance Corporation of India currently has 8 zonal Offices and 113 divisional offices located in different parts of India, around 3500 servicing offices including 2048 branches, 54 Customer Zones, 25 Metro Area Service Hubs and a number of Satellite Offices located in different cities and towns of India and has a network of 13,37,064 individual agents, 242 Corporate Agents, 79 Referral Agents, 98 Brokers and 42 Banks (as on 31.3.2011) for soliciting life insurance business from the public.