LIFE INSURANCE CORPORATION OF INDIA.
Northern Zonal Office, New Delhi.
Engagement of Financial Services Executives.
Approximately 66 Financial Services Executives are proposed to be engaged for 2012-13 by various Divisional Offices of Northern Zone on Contract basis for 3 years ( Renewable for one year twice depending on the performance) under the jurisdiction of Northern Zonal Office, New Delhi.
1. Eligibility Conditions:
a) 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 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.
b) Age: The applicant shall have completed 21 years of age and be 35 years of age as on 01.07.2012.
2. SELECTION PROCEDURE
Selection will be made on the basis of a written test if felt necessary & will be 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.
3. The selected candidates may be allotted anywhere during the period of engagement based on business
requirements.
4. The selected candidates will have to undergo Theoretical Training, pass an examination conducted by the
IRDA and obtain a license to procure Life Insurance Business ( Candidates already having IRDA license are
not eligible). 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.
5. A Financial Services Executive will be paid a fixed amount every month and also yearly incentives 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.
7. 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 written test
and/or interview commensurate 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.
8. Last date : 31/7/2012
