LIFE INSURANCE CORPORATION OF INDIA.
WESTERN ZONAL OFFICE, MUMBAI.
Engagement of Financial Services Executives
Applications are invited for the post of Financial Services Executive to work in various offices of the Corporation , under the jurisdiction of Western Zonal Office, Mumbai , on a contract basis for 3 years
It is primarily a Marketing job which entails touring the entire area allotted. The FSEs shall be directly responsible for procuring New Business, providing Policy Servicing and other jobs related to the Bank Branches and Outlets allotted to them. They shall also carry out various instructions given to them from time to time.
The Applicant shall possess a Bachelor’s Degree of a University in India established under a statute. Preference may be given to those applicants who possess a Bachelor Degree or Diploma in Marketing /Management. Good working knowledge of English and also one Regional language preferably the local language is desirable. Knowledge of soft skills such as Power Point / Word / Excel would be an additional advantage.
(i) The applicant shall have completed 21 years of age but not more than 35 years of age as on 01.07.2010.
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. The Written Test will be Objective Type covering Test of Reasoning , Numerical Ability and General Knowledge. The date and venue of the written test , if conducted will be communicated to the eligible candidates individually.
The selected candidates may be posted anywhere during the period of engagement based on business requirements.
The selected candidates will have to undergo Theoretical Training, pass an examination conducted by the IRDA and obtain a licence to procure Life Insurance Business. After procuring the licence, the candidate if found suitable for selection in accordance with the scheme, may be engaged as a Financial Services Executive on Contract basis , subject to the conditions framed by the Corporation.
5. A Financial Services Executive will be paid a fixed amount every month and the incentives will be based on the yearly performance.
6. It is clarified that selection as a Financial Services Executive does not confer any right on the candidate to be appointed as a Permanent Employee in the Corporation.
TEST / INTERVIEW:
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 the written test and/or interview commensurate with the number of Financial Services Executives to be engaged . The decision of the Corporation will be final and 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.
THIS IS TO INFORM ALL CONCERNED THAT THE LAST DATE OF RECEIPT OF APPLICATIONS – 15/7/2010 AS MENTIONED AT POINT No. 10 ABOVE STANDS EXTENDED TO 22/7/2010.
For details visit:
The Life Insurance Corporation of India (LIC) is the largest state-owned life insurance company in India, and also the country's largest investor. It is fully owned by the Government of India. It also funds close to 24.6% of the Indian Government's expenses. It has assets estimated of 9.31 trillion (US$206.68 billion). It was founded in 1956 with the merger of more than 200 insurance companies and provident societies.
Headquartered in Mumbai, financial and commercial capital of India, the Life Insurance Corporation of India currently has 8 zonal Offices and 101 divisional offices located in different parts of India, at least 2048 branches located in different cities and towns of India along with satellite Offices attached to about some 50 Branches, and has a network of around 1.2 million agents for soliciting life insurance business from the public.
Tags: Life Insurance Corporation of India (LIC) recruitment 2011 notification 2011 application form download forms dates selection procedure process written exam written test written examination admit card result dates exam date venue centre center