LIC jobs for Apprentice Development Officers in . Last Date to apply: 09 Jun 2019

Apprentice Development Officers  job recruitment in Life Insurance Corporation of India (LIC)

No. of Vacancies:

Total 8581 Vacancies

Central Zonal Office, Bhopal :  525

Eastern Zonal Office, Kolkata : 922

East Central Zonal Office, Patna :  701

Northern Zonal Office, New Delhi : 1130

North Central Zonal Office, Kanpur :  1042

Southern Zonal Office, Chennai : 1257

South Central Zonal Office, Hyderabad :  1251

Western Zonal Office, Mumbai : 1753

Qualifications :  (i) 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. (ii) 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.

Experience : The applicant should have the requisite experience as on 01.05.2019 as indicated below:-

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 agent or other than agent (such as DSE/FSE) and has brought a net First Year Premium Income of not less than Rs.5,00,000/- during the immediately preceding 5 financial years and a net First Year Premium Income of not less than Rs. 1,00,000/- on 50 lives in each of any 3 of these financial years

iii) Other :  Preference would be given to candidates who have at least 2 years experience in life insurance industry.

Stipend & Remuneration :  During the apprentice period, the candidate selected as Apprentice Development Officer will be paid a fixed amount as stipend per month as per rules of the Corporation. An Apprentice Development Officer other than an Employee Apprentice shall be paid equal to the minimum of the basic pay and the dearness allowance thereon on the scale of pay applicable to Development Officers as on the date of commencement of the apprenticeship. At present the amount of stipend is about Rs.34,503/- per month, except in case of candidates selected from LIC Employees category.

A Probationary Development Officer at a specified Headquarter in the area will be placed in the scale of Rs.21865-1340(2)-24545-1580(2)-27705-1610(17)-55075 plus allowances and other benefits as per rules in force.

On appointment as a Probationary Development Officer, basic pay of ₹ 21,865/- per month (except for Employee Category candidates) in the scale of 21865-1340(2)-24545-1580(2)-27705-1610(17)- 55075 and other admissible allowances as per rules shall be payable. Total emoluments at the minimum of the scale, inclusive of House Rent Allowance& City Compensatory Allowance wherever admissible depending upon the classification of city, will be approximately ₹37,345/- in ‘A’ Class City. Other benefits include Gratuity, Defined Contributory Pension Scheme, LTC, Medical Benefit, Group Insurance, Group Personal Accident Insurance, vehicle advance (2-wheeler/4-wheeler), reimbursement towards cost of Brief Case/leather bag, mobile handset, supply of dailies as per rules and on confirmation in service, attractive performance linked Incentives.

Age Limit :   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.

Apprenticeship Period :  An Apprentice Development Officer will have to undergo Theoretical & Field Sales Training. The period of apprenticeship shall commence from the date of commencement of the training.

Payment of Fees :

For SC/ST Candidates :  Intimation Charges of Rs.50/- plus Transaction Charges

Other than SC/ST Candidates :  Application Fees-cum-Intimation Charges of Rs.600/- plus Transaction Charges.

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.

Choice of Division: Recruitment Notifications are being issued by all Zonal Offices. The candidate shall apply to one Division only.

1. BEGUSARAI

2. BERHAMPUR

3. BHAGALPUR

4. BHUBANESWAR

5. CUTTACK

6. HAZARIBAGH

7. JAMSHEDPUR

8. MUZAFFARPUR

9. PATNA I

10. PATNA II

11. SAMBALPUR

Probation :  An Apprentice Development Officer, who successfully completes the apprenticeship and, in opinion of the Recruiting Authority, is otherwise suitable for appointment to the service of the Corporation may be appointed as a Development Officer and placed on probation. The period of probation shall be for one year which may be extended upto two years.