Financial Services Executives, Jobs & Vacancy in Officer at Life Insurance Corporation of India, Delhi Apr 2012
Job or Vacancy Description:
Approximately 48 Financial Services Executives are proposed to be engaged for 2012-2013 by various Divisional Offices of Central Zone (M.P. & Chhattishgarh) on Contract basis for 3 years (renewable depending on the performance) under the jurisdiction of Zonal Office, Bhopal as per details below :
Name of Division Number of Posts
Total posts : 48
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 also one Regional language preferably local language is desirable. Knowledge of soft skills such as Power Point / Word / Excel would be additional advantage.
Age : The applicant shall have completed 21 years of age and not more than 35 years of age as on 01. 03. 2012.
HOW TO APPLY
Candidates satisfying the conditions of eligibility as on 01.03.2012, shall submit their Application in the format given below which shall be either hand-written in bold capitals or typewritten on foolscap size paper only. The Application should be properly signed.
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.
The candidates are advised to keep ready with them the originals and a set of attested photocopies of each of the certificates listed at item numbers 2, 3 & 4 above for verification at the time of Interview if they qualify in the written test.
APPLICATION FEE (Non-Refundable) :
For all candidates (other than SC/ST category) : 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 09.04. 2012. 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,
(a) Candidates should ascertain, before applying, that they satisfy all the eligibility conditions as stipulated in the notification. Candidates who do not satisfy the eligibility conditions are liable 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 in case of SC/ST applicants, shall not be considered 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 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) In case 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. In case of any doubt or dispute, the decision of the Zonal Manager shall be final and binding on the applicant.
g. Selection will be made on the basis of 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.
h. 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 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.
Tentative Last Date:20-04-2012
About the organization:
Every day we wake up to the fact that more than 250 million lives are part of our family called LIC. We are humbled by the magnitude of the responsibility we carry and realise the lives that are associated with us are very valuable indeed. Though this journey started over five decades ago, we are still conscious of the fact that, while insurance may be a business for us, being part of millions of lives every day for the past 52 years has been a process called TRUST.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.
Life Insurance Corporation of India LIC
Click above to download
the vacancy details