Insurance Advisor Jobs in Mumbai,Navi Mumbai - LIC OF INDIA

Insurance Advisor
Mumbai(Borivali East , Borivali West , Gorai , Goregaon West , Kandivali East , Kandivali West , Malad East , Malad West , Santacruz East , Santacruz West , Vile Parle East , Vile Parle West ), Navi Mumbai
2011 - 2019
25000 - 200000 Per Month
Last Date 06 Feb 2018

LIC OF INDIA - Job Details

Date of posting: 08 Dec 17

Insurance sales agents help insurance companies generate new business by contacting potential customers and selling one or more types of insurance. Insurance sales agents explain various insurance policies and help clients choose plans that suit them.


Insurance sales agents typically do the following:

  • Call potential clients to expand their customer base
  • Interview prospective clients to get data about their financial resources and discuss existing coverage
  • Explain the features of various policies
  • Analyze clients’ current insurance policies and suggest additions or changes
  • Customize insurance programs to suit individual clients
  • Handle policy renewals
  • Maintain electronic and paper records
  • Help policyholders settle claims

Insurance sales agents commonly sell one or more types of insurance, such as property and casualty, life, and health and long-term care insurance.

Property and casualty insurance agents sell policies that protect people and businesses from financial loss resulting from automobile accidents, fire, theft, and other events that can damage property. For businesses, property and casualty insurance also covers injured workers’ compensation, product liability claims, or medical malpractice claims.

Life insurance agents specialize in selling policies that pay beneficiaries when a policyholder dies. Life insurance agents also sell annuities that promise a retirement income.

Health and long-term care insurance agents sell policies that cover the costs of medical care and assisted-living services in old age. They also may sell dental insurance and short-term and long-term disability insurance.

Agents may specialize in any one of these products or function as generalists providing multiple products.

An increasing number of insurance sales agents offer their clients comprehensive financial planning services, especially for clients approaching retirement. These services include retirement planning, estate planning, and help in setting up pension plans for businesses. In addition to offering insurance, these agents may become licensed to sell mutual funds, variable annuities, and other securities. This practice is most common with life insurance agents who already sell annuities, but many property and casualty agents also sell financial products.

Hiring Process : Face to Face Interview, Telephonic Interview

Job Role : Counsellor


Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹1,560,482 crore (US$240 billion). As of 2013 it had total life fund of Rs.1433103.14 crore with total value of policies sold of 367.82 lakh that year.

The Life Insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalised the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation.

Today LIC functions with 2048 fully computerized branch offices, 8 zonal offices, around 113 divisional offices, 2,048 branches and 1381 satellite offices and corporate offices; it also has 54 customer zones and 25 metro-area service hubs located in different cities and towns of India. It also has a network of 1,337,064 individual agents, 242 Corporate Agents, 89 Referral Agents, 98 Brokers and 42 Banks for soliciting life insurance business from the public.

This posting is done directly & exclusively on We do not entertain any unsolicited calls or enquiries from any consultants, other portals or TPOs. Notice: This recruitment is FREE. if the recruiter charges any fees, please write us
Career Counsellor
M.Com, BBA/BBM, MA, BSc, BCA...
Education Counselor
Any Graduate
M.Com, BBA/BBM, MA, BSc, BCA...
Education Counselor
Any Graduate

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LIC OF INDIA recruiting Insurance Advisor fresher’s in Mumbai(Borivali East , Borivali West , Gorai , Goregaon West , Kandivali East , Kandivali West , Malad East , Malad West , Santacruz East , Santacruz West , Vile Parle East , Vile Parle West ), Navi Mumbai. The LIC OF INDIA vacancies for Insurance Advisor is filled through Face to Face Interview, Telephonic Interview etc.
LIC OF INDIA jobs for fresher’s are very common in nature as the company recruits a lot of fresher’s every year based on the skills . The candidates with M.Com, BBA/BBM, MA, BSc, BCA, BSW, BEd, MEd, 12th Pass (HSE), PG Diploma, MSc, M Phil / Ph.D, Diploma, B.Com, BFA, MCA are selected to full fill the vacancies in Counsellor job field. The fresher’s applying for Insurance Advisor should have a degree or post-graduation in the required field based on the requirement mentioned. The jobs are available in Part Time basis. When it comes to LIC OF INDIA recruitment, fresher’s are mostly chosen for the department Counsellor. To learn more about the current jobs and other details, it is better to go through official site of LIC OF INDIA and Freshersworld. The Freshersworld is a leading employment portal that researches the official site of LIC OF INDIA and provides details about the current vacancies, the application process, selection process, test details, important dates and other information.