Friends , Life insurance in India made its debut well over 100 years ago. It Spread Life Insurance widely and in particular to the rural areas and to the socially and economically backward classes to reaching all insurable persons in the country and, providing them adequate financial cover against death at a reasonable cost. To maintain its structure and its pace with its objectives, LIC has established a huge manpower network which operates from its various zones in India.
East Central Zonal Office Patna has decided for Engagement of Financial Service Executives, for the year 2013-2014 About 66 Financial Services Executives are proposed to be engaged for 2013-2014 by various Divisional Offices of East Central Zone (Bihar, Jharkhand & Odisha) on Contract basis for 3 years (renewable depending on the performance) under the jurisdiction of Zonal Office Patna as per details below:
It is primarily a Marketing job. The FSE’s shall be directly responsible for Getting 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.
Requiring Qualification: Applicant shall possess the Bachelor’s Degree of a University in India established under a statute. Preference may be given to those applicants who possess the Bachelor Degree or Diploma in Marketing /Management. Good working knowledge of English and one Regional language preferably local language is desirable. Knowledge of soft skills such as Power Point / Word / Excel would be additional advantage. (Candidates already having IRDA license are not eligible) b) Age: (I The applicant shall have completed 21 years of age and not more than 35 years of age as on 01. 04. 2013. (ii) The upper age limit as on 01. 04. 2013 of an applicant belong with a group given below shall not exceed the age mentioned below:-
(1) Member of a Scheduled Caste or a Scheduled Tribe. 40 (2) Member of OBCs (other than those in creamy layer). 38 (3) Ex-serviceman 35, increased by the number of years of service in the armed forces subject to maximum age of 45 years where he is a member of OBCs and 47 years where he is a member of SC or ST and Maximum of 42 years in Other than SC,ST,OBC Cases.
Selection will be made by a written test if necessary, followed by an Interview of candidates who qualify in the written test. 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 candidates may be allotted anywhere during the period of engagement based on business requirements.
The selected candidate will have to undergo Theoretical Training, pass an examination conducted by the IRDA and obtain a license to get Life Insurance Business. After getting the license, if the candidate is found suitable for selection in accordance with the scheme, may be engaged as a Financial Service Executive on Contract basis subject to conditions framed by the Corporation.
A Financial Service 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.
It is clarified that selection as a Financial Service Executive does not confer any right on the candidate to be appointed as a Permanent employee in the Corporation.
Candidates successful in the written test (if conducted) or eligible candidates will be called for an Interview. The Corporation reserves the right to restrict the number of candidates to be called for written test and/or interview equal with number of Financial Service Executives to be engaged and the decision of the Corporation in this regard shall be final. No correspondence will be entertained in this regard. Selected candidates will be engaged as Financial Services Executives subject to their being found medically fit by the Medical Examiner authorized by the LIC for the purpose. .
The Application should be properly signed. The following shall accompany the Application:
1. Demand Draft of Rs 100/- drawn in favor of LIC of India Payable at Divisional Head Quarter towards application fees. 2. Attesting Photocopy of Caste Certificate in respect of SC/ST candidates. 3. Attesting Photocopy of Qualification Certificate and Age Proof. 4. Attesting Photocopy of Discharge Certificate in respect of Ex-servicemen.
Application fee is must which is non- refundable as well The amount for all candidates (other than SC/ST category) is Rs 100/-.The Application Fee shall be paid by Demand Draft only (valid for six months), favoring “Life Insurance Corporation of India” and payable at Divisional Head Quarter. Candidate’s name and date of birth should be written on the reverse of the Demand Draft. Last date for receipt of Application Form together with Demand Draft towards application fees will be----- ---23.09.2013 satisfy all the eligibility conditions as stipulated in the notification. Candidates who do not satisfy the eligibility conditions are apt to be disqualified at any stage of selection. (b) Corporation takes no responsibility for any delay in receiving the Application Form or loss in postal transit. (c) Application Form not in the prescribed Format or incomplete/unsigned or received without the Demand Draft for application fee wherever applicable or Caste Certificate if of SC/ST applicants, shall not be considered and are apt to be rejected. (d) Application fee once paid will not be refunded under any circumstances nor will it be held in reserve for future recruitment. The eligible candidates will be intimated separately about the exact date & venue of the examination. (e) Decision of the Corporation in all matters regarding eligibility, conduct of examination, other tests, Interview, selection and allotment would be final and binding on all candidates. No representation or correspondence will be entertained by the Corporation in this regard. (f) If more than one application is received from an applicant for the same Division and/or different Divisions and/or different Zones then, the first application received from the applicant as per entry made in the register maintained by the corporation shall be treated as his only application and all the other applications shall be treated as invalid. If of any doubt or dispute, the decision of the Zonal Manager shall be final and binding on the applicant.
FOR DETAILS CLICK;http://www.licindia.in/careers.htm
East Central Zonal Office Patna has decided for Engagement of Financial Service Executives, for the year 2013-2014 About 66 Financial Services Executives are proposed to be engaged for 2013-2014 by various Divisional Offices of East Central Zone (Bihar, Jharkhand & Odisha) on Contract basis for 3 years (renewable depending on the performance) under the jurisdiction of Zonal Office Patna as per details below:
It is primarily a Marketing job. The FSE’s shall be directly responsible for Getting 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.
Requiring Qualification: Applicant shall possess the Bachelor’s Degree of a University in India established under a statute. Preference may be given to those applicants who possess the Bachelor Degree or Diploma in Marketing /Management. Good working knowledge of English and one Regional language preferably local language is desirable. Knowledge of soft skills such as Power Point / Word / Excel would be additional advantage. (Candidates already having IRDA license are not eligible) b) Age: (I The applicant shall have completed 21 years of age and not more than 35 years of age as on 01. 04. 2013. (ii) The upper age limit as on 01. 04. 2013 of an applicant belong with a group given below shall not exceed the age mentioned below:-
(1) Member of a Scheduled Caste or a Scheduled Tribe. 40 (2) Member of OBCs (other than those in creamy layer). 38 (3) Ex-serviceman 35, increased by the number of years of service in the armed forces subject to maximum age of 45 years where he is a member of OBCs and 47 years where he is a member of SC or ST and Maximum of 42 years in Other than SC,ST,OBC Cases.
Selection will be made by a written test if necessary, followed by an Interview of candidates who qualify in the written test. 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 candidates may be allotted anywhere during the period of engagement based on business requirements.
The selected candidate will have to undergo Theoretical Training, pass an examination conducted by the IRDA and obtain a license to get Life Insurance Business. After getting the license, if the candidate is found suitable for selection in accordance with the scheme, may be engaged as a Financial Service Executive on Contract basis subject to conditions framed by the Corporation.
A Financial Service 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.
It is clarified that selection as a Financial Service Executive does not confer any right on the candidate to be appointed as a Permanent employee in the Corporation.
Candidates successful in the written test (if conducted) or eligible candidates will be called for an Interview. The Corporation reserves the right to restrict the number of candidates to be called for written test and/or interview equal with number of Financial Service Executives to be engaged and the decision of the Corporation in this regard shall be final. No correspondence will be entertained in this regard. Selected candidates will be engaged as Financial Services Executives subject to their being found medically fit by the Medical Examiner authorized by the LIC for the purpose. .
The Application should be properly signed. The following shall accompany the Application:
1. Demand Draft of Rs 100/- drawn in favor of LIC of India Payable at Divisional Head Quarter towards application fees. 2. Attesting Photocopy of Caste Certificate in respect of SC/ST candidates. 3. Attesting Photocopy of Qualification Certificate and Age Proof. 4. Attesting Photocopy of Discharge Certificate in respect of Ex-servicemen.
Application fee is must which is non- refundable as well The amount for all candidates (other than SC/ST category) is Rs 100/-.The Application Fee shall be paid by Demand Draft only (valid for six months), favoring “Life Insurance Corporation of India” and payable at Divisional Head Quarter. Candidate’s name and date of birth should be written on the reverse of the Demand Draft. Last date for receipt of Application Form together with Demand Draft towards application fees will be----- ---23.09.2013 satisfy all the eligibility conditions as stipulated in the notification. Candidates who do not satisfy the eligibility conditions are apt to be disqualified at any stage of selection. (b) Corporation takes no responsibility for any delay in receiving the Application Form or loss in postal transit. (c) Application Form not in the prescribed Format or incomplete/unsigned or received without the Demand Draft for application fee wherever applicable or Caste Certificate if of SC/ST applicants, shall not be considered and are apt to be rejected. (d) Application fee once paid will not be refunded under any circumstances nor will it be held in reserve for future recruitment. The eligible candidates will be intimated separately about the exact date & venue of the examination. (e) Decision of the Corporation in all matters regarding eligibility, conduct of examination, other tests, Interview, selection and allotment would be final and binding on all candidates. No representation or correspondence will be entertained by the Corporation in this regard. (f) If more than one application is received from an applicant for the same Division and/or different Divisions and/or different Zones then, the first application received from the applicant as per entry made in the register maintained by the corporation shall be treated as his only application and all the other applications shall be treated as invalid. If of any doubt or dispute, the decision of the Zonal Manager shall be final and binding on the applicant.
FOR DETAILS CLICK;http://www.licindia.in/careers.htm
