Jobs in LIC India as a Financial Service Executives for Eastern and Central Zones

Followed by the recently passed Assistant Administrative Officer recruitment in Life Insurance Corporation, it issued a new vacancy notification to recruit Financial Service Executives for the Eastern and Central region of its various Zones. Aspirants who are interested in Marketing can prefer this job; the role of the Executive in LIC is to market their Insurance products, procuring new business to the organisation and so on. For this LIC need energetic young candidates in certain amount, as per the notification there is around 99 vacant positions in this discipline that includes both regions. The academic qualifications and other qualities which are necessary for this are stated below. Interested job seeker may apply in a prescribed format as mentioned in the notification.

Financial Service Executive Vacancies in LIC - 99 Posts
  • Eastern Zone - 42 posts
  • Central Zone - 57 Posts
Education Qualification:
Candidates must be a Graduate in any stream or Diploma in Marketing/ Management with knowledge to access and operate Computer Applications. Along with this they should be proficiency in local language and in English.

Age Limit:
Candidates who are not exceeding 35 years of age can apply for this vacancy. The age limit will be considered as on the last date for application receipt. Relaxation in age can be claimed for reserved category applicants as per reservation rules.

Selection Process:
Initially candidates will be selected based on their academic profile, further they will undergo Theoretical Training. After this training, candidates need to pass an examination conducted by IRDA in order to procure the license for Insurance Business. After procuring license they will be engaged as FSE on contract basics.

Pay Scale:
After appointing as a Financial Services Executive they will get a monthly consolidated compensation of Rs.10000/- for first year, Rs.11300/- for second year and Rs.12700/- for the third year. Along with this they will also get incentives and allowances based on their yearly performance.

Application Fee:
A Demand Draft of Rs.100/- has to be drawn in favour of “Life Insurance Corporation of India” which should be payable at the respective Divisional Head Quarter which is allocated to the candidate of the particular region. The back side of the DD has to be written with your Name and Date of Birth.

How to Apply:
The application format is available in the official notification, fill it with all mandatory details and affix a photo on it. Attach the attested copies of all academic and reservation certificates which ever necessary. Send all these documents including the Demand Draft to the address of Sr. Divisional Manager of the particular Divisional Office. The detailed addresses are available in the official notification follow this for clarification. Remember to superscribe over the envelope as “Engagement of Financial Services Executives, ___ Division, _______ Zone”.

Official Notification:
Some of the Recent LIC Recruitment's are:
Dates to Remember:
  • Last Date for Central Zone - 22nd Apr 2013
  • Last Date for Eastern Zone - 23rd Apr 2013
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