Financial Service Executives, Jobs & Vacancy in Others at Life Insurance Corporation of India, Delhi Jul 2012
Job or Vacancy Description:
Applications are invited from Indian Citizens for the 66 posts of Financial Service Executives (FSE) in Life Insurance Corporation of India (LIC), Divisional Offices of Northern Zonal Office, Delhi on Contract basis for 3 years (renewable depending on the performance) under the jurisdiction of Zonal Office, Delhi as per details below:
Financial Service Executives (FSE) : 66 posts, Qualification : Graduate from a recognised University. Preference will be given to the candidates having Degree /Diploma in Marketing/ Management. Good working knowledge of English and Hindi is must. Knowledge of Pwer Point/ Word / Excell will be added qualification., Age : 21-35 years. Age relaxation as per rules., Selection Procedure : Selection will be based on the performance in the Interview., Remuneration : 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.
Applicaiton Fee : A crosed Demand Draft of Rs. 100/- drawn in favour of “LIC of India” payable at Divisional Headquarter. SC/ST/PH candidates are not required to pay any fee. Name of candidates and date of birth should be written on the back of the DD.
How to Apply : Application Form completed in all respects with enclosures should be posted in a closed cover with a superscription on the cover “Engagement of Financial Services Executives, _________ Division, to the concerned Divisional office address The Sr. Divisional Manager, LIC of India, Divisional Office________
(a) Candidates should ascertain, before applying, that they satisfy all the eligibility conditions as stipulated in thenotification. Candidates who do not satisfy the eligibility conditions are liable to be disqualified at any stageof 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 Draftfor application fee wherever applicable or Caste Certificate in case of SC/ST/OBC applicants, shall not beconsidered and are liable to be rejected.
(d) Application fee once paid will not be refunded under any circumstances nor will it be held in reserve forfuture recruitment. The eligible candidates will be intimated separately about the exact date & venue of theexamination.
(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 correspondencewill be entertained by the Corporation in this regard.
(f) In case more than one application is received from an applicant for the same Division
Tentative Last Date: 31-07-2012
About the organization:
The story of insurance is probably as old as the story of mankind. The same instinct that prompts modern businessmen today to secure themselves against loss and disaster existed in primitive men also. They too sought to avert the evil consequences of fire and flood and loss of life and were willing to make some sort of sacrifice in order to achieve security. Though the concept of insurance is largely a development of the recent past, particularly after the industrial era – past few centuries – yet its beginnings date back almost 6000 years.Life Insurance in its modern form came to India from England in the year 1818. Oriental Life Insurance Company started by Europeans in Calcutta was the first life insurance company on Indian Soil. All the insurance companies established during that period were brought up with the purpose of looking after the needs of European community and Indian natives were not being insured by these companies. However, later with the efforts of eminent people like Babu Muttylal Seal, the foreign life insurance companies started insuring Indian lives. But Indian lives were being treated as sub-standard lives and heavy extra premiums were being charged on them. Bombay Mutual Life Assurance Society heralded
Life Insurance Corporation of India (LIC)
Northern Zonal Office, Tower-II, 11th Floor,
Jeevan Bharti Building, Connaught Cicus, New Delhi – 600002
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