LIFE INSURANCE CORPORATION OF INDIA
Engagement of Direct Sales Executives
LIC of India proposes to engage Direct Sales Executives for various offices of the Corporation purely on a contract basis for a period of three years only under the jurisdiction of Central Zonal Office, Bhopal. The approximate number of Direct Sales Executive required will be 617. The number of engagements may be changed during the selection process depending on the requirements of the office.
Division Contact person / Mob. No.
Bhopal Sh.Mahendra Khobragade BM(Dmkt)/09424423400
Gwalior Sh.Sushil Ahuja BM(DMkt)/09753242050
Indore Sh.Mahesh Nathani BM(DMkt)/09826461560
Jabalpur Sh.Vinay Shrivastava BM(DMkt)/09425804512
Raipur Sh.R.C.Mishra BM/09479200022
Applicant shall possess the Bachelor’s Degree of a University established in India 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 local language is desirable. Knowledge of soft skills such as Power Point / Word / Excel would be additional advantage.
Age: (i) The applicant shall have completed 21 years of age and not more than 35 years of age as on 01.05.2011 (cut‐off date).
a) 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 (if any) may be held at the centre where Direct Marketing Unit applied for is located. The written test (if any) will be of Objective Type covering Sales aptitude 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 through email and also posted on the website www.licindia.in under link “Careers” and then “ENGAGEMENT OF DIRECT SALES EXECUTIVES”. Candidates are advised to check the site for this purpose.
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 Direct Sales Executives to be engaged and the decision of the Corporation in this regard shall be final. No correspondence will be entertained in this regard.
APPLICATION FEES (NON‐REFUNDABLE):
For all candidates (other than SC/ST category): Rs.100/‐ (Rs. One hundred only). The application fee shall be paid by cash only at the cash counter during cash hours only of any Branch office of Life Insurance Corporation of India under Account Code 114034.
HOW TO APPLY:
Candidates are necessarily required to apply On‐line through LIC’s website under the heading “Careers” http://www.licindia.in/careers.htm. No other means/mode of applications will be accepted.
Opening date for Collection of fees at Branches of LIC: 08.04.2011
Opening Date of On‐Line Registration: 08.04.2011
Last Date for acceptance of Application Fees: 25.04.2011
Closing Date for On‐line Registration: 26.04.2011
For complete 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.
LIC had 5 zonal offices, 33 divisional offices and 212 branch offices, apart from its corporate office in the year 1956. Since life insurance contracts are long term contracts and during the currency of the policy it requires a variety of services need was felt in the later years to expand the operations and place a branch office at each district headquarter. Re-organization of LIC took place and large numbers of new branch offices were opened. As a result of re-organisation servicing functions were transferred to the branches, and branches were made accounting units. It worked wonders with the performance of the corporation. It may be seen that from about 200.00 crores of New Business in 1957 the corporation crossed 1000.00 crores only in the year 1969-70, and it took another 10 years for LIC to cross 2000.00 crore mark of new business. But with re-organisation happening in the early eighties, by 1985-86 LIC had already crossed 7000.00 crore Sum Assured on new policies.
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