Insurance Jobs | Banks India 2013

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How to Prepare for 2600 Assistant Posts in Govt. Insurance Companies

Now its time to apply for jobs in the Government owned public sector insurance companies in India.

National Insurance Company Limited, a well known, name in the field of General Insurance in India, has announced a Bumper Recruitment for the post of Assistants in “The New India Assurance, United India Insurance, National Insurance & Oriental Insurance company.

This is for the first time all the 4 General Insurance Companies of India are recruiting insurance assistants through a common written exam. Prior to this, all of them used to conduct their own exam separately. National Insurance Recruitment is good opportunity to get Jobs in Top Public Sector Insurance Companies in 2013.

Important Dates:

Last Date to Apply: 8th June 2013
Date of Objective Exam: 14th July and/or 21st July 2013

Details of Vacancies:

NOTE:

  • Candidates can apply for vacancies in one State only and will have to appear for Written Test from a center of that particular state. For example, candidate applying against vacancies in West Bengal State can appear from West Bengal only and would be considered for employment in that State only, in any of four companies.
  • National Insurance Company Limited would coordinate the written examination, thereafter, Interview and Computer Proficiency Test for the short-listed candidates would be conducted by each Company in their respective zones where their Head Office is situated (except in certain cases).
Eligibility Criteria:

Applicants willing to apply for Assistant Jobs in these Four Public Sector Insurance Companies must full fill the below mentioned Eligibility Conditions

  • Age Limit: Applicants must be over 18 years and above 28 years (As on 30.06.2013)
  • Educational Qualifications: Applicants must have passed 12th Class with 60 % Marks OR Graduate in any Discipline from a recognized Indian University.
  • Knowledge of Local Language of the State is also necessary.

Selection Process:

The Selection process for the Recruitment of Assistants in these Insurance Companies, comprises of Written test (Objective), which is followed by Computer Proficiency Test and Interview.

Candidates will have to qualify in a computer proficiency test for selection.  No separate marks will be awarded for this test.

Pattern of Objective Exam:

The pattern of insurance companies assistant recruitment exam is:

  • The Duration of Written Exam is 120 Minutes
  • For each wrong answer 0.25 marks will be deducted.

Note: The table above means that the exam shall be conducted for a total of 250 marks, it would be proportionately reduced to 35 for ease of final calculations.

How to Prepare for the exam?

Those who have taken banking exams before won’t find the sections new but first time applicants might encounter confusions. Few tips which will help you in your preparations:

  • Understand the exam pattern & frame shortcuts or easy methods for answering a question within the given time.
  • Regular practice will boost your confidence level attend the exam without fear.
  • Key to got through the exam would be keeping your basic fundas in its right place and right time-allocation in the test, these two things will ensure decent marks.
  • Practice test papers from any Banking clerk level books as the pattern of this exam will be same as that of IBPS clerk exam.

Please note that there are no such golden rules to crack the exam, it depends upon individual to individual ability but there surely are some rules to break it like,

  • Unnecessary attempts, losing accuracy which ultimately leads to negative marking.
  • Don’t divide your time equally among sections. Keep sufficient time for the section which you think is tough for you to crack.

Important Topics to Cover:

The educational qualification fixed for applicants is 12th Pass with 60% marks or graduation pass. Hence, mostly questions shall be of 10th Class level only.

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For Computer Knowledge Section: Answering this part won’t be tough as many are well versed in computer operations & questions would be only of basic level such as Computer parts & their functions, Basic internet & email controls, MS Office package (word, excel, powerpoint etc) & Popular software names & their uses.

Note: The above topics are just the predictions which we generally see in many entrance exams. Hence, after covering these topics look out for other topics from the book you are preparing which will help you further.

Books to refer for the exam?

The level of this exam is same as that of the clerical cadre exams. So if you already have any clerk level book start preparing from it.

For More Details & Apply: Click Here

This notification is a boon for the candidates who are yet to complete their graduation degree as minimum qualification required in 12th pass with 60% marks. Also, the post offered here is equivalent to a clerical cadre post in PSU Banks. So, definitely worth considering for every candidate desirous of being in a government job.

Banks-India.com team wishes good luck for your preparations. Make the most out of this opportunity.

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1

United India Insurance Recruitment 2013 – 445 Administrative Officer Vacancies

United India Insurance Company, is a leading Public Sector General Insurance Company wholly owned by Government of India with a targeted gross premium of about Rs.10,000 crores. A rapidly growing company with more than 1600 offices, highest network in the whole non-life insurance industry throughout the country.
The company propose to recruit young and dynamic candidates for its offices all over India for its requirement in Generalist discipline. Applications are invited from eligible Indian Citizens for the post of 445 Administrative Officer (Scale I).

Important Dates:

Starting Date of Online registration: From 2-April-2013
Closing Date of Online registration: 18-April-2013
Date of Online Payment of Application Fee: From 2-April-2013 till 18-April-2013
Date of Payment of Application Fee Offline: From 4-April-2013 till 22-April-2013
Date of Written Examination: 26th May 2013 (Tentatively)

Total number of vacancies- 445(approximate)

Category SC ST OBC GEN
Vacancies 67 32 133 213

Eligibility Criteria required to apply:-

1) Candidate age(as on 31-12-2012) should be minimum 21 years

Category General SC/ST OBC ECO / SSRCO Physically challenged
Max. Age 30 35 33 35 40

2) Qualifications: Graduation with 60% (55% for SC/ST candidates) or Post Graduation with minimum 55% (50% for SC/ST candidates) marks in aggregate from recognized University.

Note:

(i) Qualifications mentioned above should be from any recognised University / Institute in India duly approved by UGC / AICTE as the case may be with appropriate pattern like 10+2+3 or its equivalent pattern.

(ii) Other things being equal, preference will be given to candidates having post qualification experience in their area of specialization and/or having qualification in non – life Insurance.

(iii) The candidates should have completed the qualification mentioned above on or before 31.12.2012. Those who have written the examination as on 31.12.2012 and whose results are declared after 31.12.2012 are not eligible to apply.

(iv)Working knowledge of Computer is must.

Application Fee: Fee is to be made through any Branch of State Bank of India by paying appropriate application fee in Account No.32900646001 in favor of “UNITED INDIA INSURANCE COMPANY LIMITED”.

1) SC/ ST/ Persons with Disability (PWD), Permanent Employees of UIICL — Rs. 100/- + Rs 25/- as service charges to SBI.
2) All other categories(GEN/ OBC/ECO/SSRCO) — Rs. 500/- + Rs 25/- as service charges to SBI.

Emoluments and Benefits: Rs.33,000/- p.m. (approx)

Probation Period: one year which may be extended by a further period of six months.

Click here to get more details about this recruitment drive.

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2

LIC Recruiting 349 Apprentice Development Officers

Life Insurance Corporation of India (LIC) invites online applications  from eligible candidates who must be Indian Citizens  for selection and appointment as Apprentice Development Officers in  the jurisdiction  of the various Divisional Offices under Central Zonal Office, Bhopal.  The recruitment as Apprentice Development Officers is for Urban and Rural Areas and the selected candidates will have to work in these areas.

Important Dates:
Opening date of On-Line Registration. 22.11.2012
Payment of Application Fees. 24.11.2012 to 29.12.2012
Closing Date for On-line Registration. 22.12.2012
Download of Call letter for On-Line Examination 20.01.2013 onwards
Date of On-line Test: 02.02.2013 and 03.02.2013 (Tentative)

Details of Vacancies
Name of Division General SC ST OBC Total
Bhopal 25 11 9 11 56
Gwalior 19 5 8 3 35
Indore 36 10 16 11 73
Jabalpur 30 8 11 8 57
Raipur 22 7 17 2 48
Satna 11 2 11 4 28
Shahdol 17 4 5 4 30
Bilaspur 10 3 8 1 22
TOTAL 170 50 85 44 349

Application Fees:

For all (Other than  SC/ST) is Rs. 500/- in CASH only. Note: Fee payment will be accepted from 2nd working day after registration and can be made within three working days then after at any branch of State Bank of India.

Eligibility Criteria:

    • Qualifications:  Applicant shall possess the Bachelor’s Degree of a University in India established under a statute or a foreign university approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
    • Age Limit (as on 1.11.2012): Minimum: 21 years and Maximum: 30 years
    • Experience: 
Category of Applicant For Recruitment in Urban Area For Recruitment in Rural Area
LIC Employees Not less than 3 years of service after confirmation in Class III
post		 Not less than 3 years of service after confirmation in Class III
post
LIC agents Not less than 5 years as an agent
and has brought a net First Years
Premium Income of not less than
Rs. 5,00,000/- during the
immediately preceding 5 agency
years and a net First Year
Premium Income of not less than
Rs. 1,00,000/- on 50 lives in each
of any 3 of these agency years		 Not less than 4 years as an
agent and has brought a
net First Years Premium
Income of not less than
Rs. 1,00,000/- on 50 lives
per year in any 3 of the
immediately preceding 4
agency years.
Other Preference would be given to candidates who have at least 2
years experience in life insurance industry		 Preference would be given to candidates who have at least 2
years experience in life insurance industry

Note: a) Preference may be given to those applicants who possess Masters Degree in Business Administration in Marketing or Post Graduate Diploma in Marketing from a University in India established under Statute or by an Institute approved by AICTE or a recognized Institution.

b) Relaxation in Upper age as per Govt. extant rules.

Job Requirement:

 It is primarily a sales supervision job. The selected candidates will be required to recruit agents, train them properly, and help the recruited agents to sell life insurance to maximum number of persons. They will also be required to give prompt after sales service to policyholders.

Scale of Pay:

  • During the apprentice period: Fixed amount of Rs.19165/- per month (Except in case of candidates selected from LIC Employees category)
  • On appointment as a Probationary Development Officer: Scale of 11535-700(2)-12935-825(2)-14585-840(17)-28865 and other admissible allowances as per rules  shall be payable. Total emoluments will be approximately Rs.22065/-

Selection Procedure: 

Selection will be made on the basis of on-line test followed by an Interview of candidates who qualify in the on-line test.

The On-line test will be of 2 hours and consists of the following sections:

a) Test of Reasoning and Numerical Ability
b) General Knowledge, Current Affairs and English Language with Special emphasis on Grammar and Vocabulary.

Guarantee Bond: Before joining,Candidates will be required  to give an undertaking to serve the Corporation for a minimum period of four yearsfrom the date of joining (including apprenticeship period) failing which  he/she will be liable to pay liquidated damages of  Rs. 25,000 to the Corporation.

How to Apply?

Candidates are required to apply online only.
To APPLY ONLINE: Click here

Before applying go through “How to apply” so that you will not face problems.

View from here detailed post about the recruitment drive.

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3

United India Insurance Recruitment 2012 – Shortlisted Candidates For Interview

United India Insurance Company, a leading Public Sector General Insurance Company wholly owned by Government of India who announced vacancies of 350 Administrative Officer for its requirement in Specialist and Generalist disciplines for its offices all over India. Written exam for these posts was conducted on 3rd June 2012.
Now they have released list of shortlisted candidates for interviews. Click below to view the list of shortlisted candidates for the interviews:

1) Generalist Disciplines.
2) Specialist Disciplines.

Call Letters of selected candidates for interview shall be available on the official website for downloading in due course. The marks of the individual candidates shall be made available on official website after the publication of final results.

Pay Scale: Rs.17240/-840(14)-29000-910(4)-32640 and other admissible allowances as applicable.

Cut-off Marks in the objective test for qualifying in the Written Test (Marks Out of 150) is also released. No sectional cut-off marks are fixed. The Descriptive Paper (DP) carries 50 marks and this paper is only qualifying; i.e., the marks in Descriptive Paper is not reckoned.

Click here to view the Cut-off Marks Discipline Wise.
Click here for Details about United India Insurance Recruitment Exam.

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237

United India Insurance Recruitment 2012- 350 Admin. Officers

Click here to view Selected Candidates list for Interview released by United India Insurance Company.

United India Insurance Company, a leading Public Sector General Insurance Company wholly owned by Government of India recruiting young and dynamic candidates for its offices all over India for its requirement in Specialist and Generalist disciplines. Applications are invited from Indian Citizens for the post of Administrative Officer (Scale I).

Total number of vacancies-

Category SC ST OBC GEN
Vacancies 45 21 92 192

Date of Online registration: From 7-april-2012 till 25-april-2012
Date of Written Examination: 3rd June 2012 (Tentatively)

Eligibility Criteria required to apply:-

1) Candidate age(as on 31-12-2011) should be minimum 21 years

Category General SC/ST OBC ECO / SSRCO Physically challenged
Max. Age 30 35 33 35 40

2) Candidate should be under any one group of education qualification (as on 31.12.2011)

Group Minimum educational qualification
Group A ACS / ACWA / ACA or M.com with 60% (55% for SC/ST candidates) marks in aggregate from a recognised University
Group B MCA (Masters in Computer Applications), MIT (Masters in Information
Technology), MCM in Computer Management) or BE (Computer
Science/ECE/EEE)
Group C LLB or equivalent qualification with minimum three years experience as a practicing lawyer. (two years experience for SC/ST candidates)
Group D B.E./B.Tech in the disciplines of Mechanical, Electrical, Civil, Electronics and Metallurgy
Group E Post Graduate in statistics/ Mathematics/Actuarial Science. Pass in atleast three papers of the examination conducted Actuarial Society of India (any of the
papers out of CT – 1, CT -2, CT – 3, CT – 5 and CT -7)
Group F Graduation with 60% (55% for SC/ST candidates) or Post Graduation with minimum 55% (50% for SC/ST candidates) marks in aggregate from recognised University.

Click here for more Details about United India Insurance Recruitment Exam.

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