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)
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
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