JOB REQUIREMENT:
- It is primarily a sales supervision job. The selected candidates will be required to sponsor suitable persons to be appointed as Life Insurance Agents, train them properly, and help the recruited agents to sell life insurance to maximum number of persons. They will also be required to give prompt after sales service to policyholders. For this purpose considerable movement including tours covering the entire area allotted to them are involved.
- The recruitment as Apprentice Development Officers is for Urban and Rural Areas and the selected candidates will have to work in these areas.
- It is, however, likely that some of the selected candidates may be posted in the jurisdiction of nearby Divisional Office/s within the jurisdiction of the Zone.
- It is clarified that appointment as Apprentice Development Officer does not by itself confer any right on the candidates to be appointed as Probationary Development Officer.
ELIGIBILITY CONDITIONS AS ON 01.05.2019:
The candidates eligible for recruitment are classified into three streams, namely, Agents Category, Employees Category and Open Market Category.
Agents Category’ means
(i)An individual appointed or engaged by the Corporation for the purpose of soliciting or procuring insurance business including business relating to the continuance, renewal or revival of policies of insurance pertaining to the Corporation; or
(ii)An individual who has been appointed as an agent under the Life Insurance Corporation of India (Agents) Regulations, 2017.
Explanation:
For the removal of doubts, it is clarified that as an individual appointed or engaged by LIC such as Direct Sales Executives/Financial Services Executives, etc. or agent appointed as an agent under Life Insurance Corporation of India (Agents) Regulations, 2017 shall be eligible for recruitment as an Apprentice Development Officer.
Qualifications :
- For Employees category and Agents category in both Urban and Rural area- Applicant shall possess the Bachelor’s Degree of a University in India established under a statute or approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
- An applicant from Others category for recruitment as an Apprentice Development Officer in both Urban and Rural area shall possess the Bachelor’s Degree of a University in India established under a statute or approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
Preference may be given to those applicants who have good knowledge of insurance marketing and also those who possess Masters Degree in Business Administration in Marketing or Post Graduate Diploma in Marketing from a University in India established under statute or by an Institute approved by All India Council for Technical Education or a recognized Institution.
Note: All the educational qualifications mentioned should be from a University/Institute/ Board recognized by Govt. of India / approved by the Government Regulatory bodies and the result should have been declared on or before 01.05.2019. Proper documents from Board / University for having declared the result on or before 01.05.2019 have to be submitted at the time of interview. The date of passing the examination which is reckoned for eligibility will be the date of passing appearing on the mark sheet /provisional certificate.
Age:
(i) The applicant shall have completed 21 years of age (in completed years) and not more than 30 years of age (in completed years) as on 01.05.2019 i.e candidates must have been born not earlier than 02.05.1989 and not later than 01.05.1998 (both days inclusive) as on 01.05.2019.
ii) The upper age limit (in completed years) as on 01.05.2019 of an applicant belonging to a group given below, shall not exceed the age mentioned below:
- Member of a Scheduled Caste or a Scheduled Tribe: 35 years
- Member of OBCs (other than those in creamylayer): 33 years
- LIC Employee who is not a member of a SC or a ST or OBCs: 42 years
- LIC Employee who is a member of OBCs (other than those in the creamy layer): 4t years
- LIC Employee who is a member of a SC or ST: 47 years
- LIC Agent or Other than Agent (such as DSE/FSE) who is not a member of SC or ST or OBCs: 40 years
- LIC Agent or Other than Agent (such as DSE/FSE) who is not a member of SC or ST or OBCs: 43 years
- LIC Agent or Other than Agent (such as DSE/FSE) who is a member of a SC or a ST: 45 years
- Ex-serviceman: 30, increased by the numberof years of service in thearmed forces subject tomaximum age of 45 yearswhere he is a member ofOBCs and, 47 years wherehe is a member of SC or STand, Maximum of 42 years inother than SC, ST, OBCcases.
- All others: 30 years
Experience:
The applicant should have the requisite experience as on 01.05.2019 as indicated below:
| Category ofApplicant | For Recruitment in Urban Area | For Recruitment in Rural Area |
|---|---|---|
| i) Employee Category | Not less than 3 years of service after confirmation in Class III post | |
| ii)Agents Category | Not less than 5 years as an agentor other than agent (such asDSE/FSE) and has brought a netFirst Year Premium Income of notless than 5,00,000/- during the₹immediately preceding 5 financialyears and a net First Year PremiumIncome of not less than ₹1,00,000/- on 50 lives in each of any 3 of these financial years. | Not less than 4 years as an agentor other than agent(such asDSE/FSE) and has brought a netFirst Year Premium Income of notless than 1,00,000/- on 50 lives₹per year in any 3 of theimmediately preceding 4 financialyears. |
| iii) Other | Preference would be given to candidates who have at least 2 years experience in life insurance industry. | |
Note:
Net First Year Premium” means the amount of Premium brought in by an agent or other than agent (such as DSE/FSE) either in cash or by cheque, in later case which has not been dishonored subsequently, towards New Business including First Years Renewal Premium during the relevant number of immediately preceding financial years as reduced by the amount of Premium that has lapsed out of such First Year Premium reckoned with reference to the date of the application for recruitment as an Apprentice Development Officer.
(i) “Rural Area” means an area with an ascertained population of 30,000 or less and the operational area has an ascertained population of not more than one lakh.
(ii) “Urban Area” means an area which is not a rural area. Explanation: For removal of doubts, it is clarified that the spouse of an agent shall not be eligible for recruitment as an Apprentice Development Officer.
SELECTION PROCEDURE:
Selection will be made on the basis of on-line test followed by an Interview of candidates who qualify in the on-line test and subsequent pre-recruitment Medical examination.
PRE-EXAM TRAINING FOR SC/ST/OBC CANDIDATES:
There is a provision for pre-exam training for SC/ST/OBC candidates. SC/ST/OBC candidates who wish to avail the benefit of pre-exam training should exercise the option while registering on-line application.
Those SC/ST/OBC candidates who have opted for pre-exam training while registering on-line application may contact Sr. Divisional Manager of Life Insurance Corporation of India of that Divisional Office to which the candidate has applied within one week of last date of submission of online application. The Divisional Office will inform the registered candidates, the date and venue of the training. Such candidates would have to attend the training at their own cost on the appointed dates and at the venue advised to them. Candidates are required to refer to the website under the tab “Careers” for address of the Divisional Offices of LIC.
HOW TO APPLY:
Application process includes three phase
- Application registration
- Payment of fees
- Document scan and upload
IMPORTANT POINTS TO BE NOTED BEFORE REGISTRATION
Before applying online, candidates should
(i) scan their :- photograph (4.5cm × 3.5cm)- signature (with black ink)- left thumb impression (on white paper with black or blue ink)- a hand written declaration (on a white paper with black ink) (text given below) ensuring that all these scanned documents adhere to the required specifications as given under point ‘C’.
(ii) Signature in CAPITAL LETTERS will NOT be accepted.
(iii) The left thumb impression should be properly scanned and not smudged. (If a candidate is not having left thumb, he/she may use his/ her right thumb for applying.)
(iv)The text for the hand written declaration is as follows “I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required.”
(v) The above mentioned hand written declaration has to be in the candidate’s hand writing and in English only. If it is written and uploaded by anybody else or in any other language, the application will be considered as invalid.
(vi)Keep the necessary details/documents ready to make Online Payment of the requisite application fee/ intimation charges.
(vii) Have a valid personal email ID and mobile no., which should be kept active till the completion of this Recruitment Process. LIC may send intimation to download call letters for the Examination etc. through the registered e-mail ID. In case a candidate does not have a valid personal e-mail ID, he/she should create his/her new e-mail ID and mobile number before applying on-line and must maintain that email account and mobile number.
Important Dates
- Opening date of On-Line Registration of Application and On-line payment of Application Fees/Intimation Charges: 20th May,2019
- Last date of On-Line Registration of Application and On-line payment of Application Fees/Intimation Charges: 9th June,2019
- Download of Call letter for On-Line Examination: 29th June, 2019 onwards
- Dates of Online Examination-Preliminary (tentative): 6th & 13th July,2019
- Dates of Online Examination-Main (tentative): 10th August,2019
Important links
