Life Insurance Corporation of India has invited online Applications from eligible candidates for selection and appointment as Apprentice Development Officers in its various Offices of North Zone. Approximately 817 posts of Apprentice Development Officers have been proposed to be filled in by the Office under the jurisdiction of Zonal Office, New Delhi. The selection and appointment will be subject to the reservation of SC/ST/OBC as per rules.
The total number of vacancies including the vacancies for the reserved category may increase or decrease, depending upon the actual vacancies at the time of final selection and availability of successful candidates after the interview.
Qualification: Graduate in any stream or a Fellow of the Insurance Institute of India, Mumbai.
Selection will be based on the basis of on-line test and interview.
Job Profile: It is primarily a marketing job involving movement in the allotted area.
Responsibilities: 1) recruiting suitable persons to be appointed as Life Insurance Agents, training them and helping them to sell Life Insurance policies to maximum number of insurable persons 2) interacting with customers and providing after sales service 3) performing any other liaison work leading to development of Life Insurance business and 4) touring extensively if required in the allotted area.
Emoluments and Benefits: During Apprentice period - Stipend of approximately Rs. 19,165/- per month. On appointment as a Probationary Development Officer, basic pay of Rs. 11,535/- per month (except for Employee category candidates) in the scale of Rs. 11535 - 700(2) - 12935 - 825(2) - 14585 - 840 (17) - 28865 and other admissible allowances as per rules. Total emoluments will be approximately Rs. 22,065/- per month.
Other Benefits: Gratuity, Defined Contributory Pension Scheme, LTC, Medical Benefit, Group Savings Linked Insurance (GSLI), Group Personal Accident Insurance, Vehicle advance (2-wheeler/ 4-wheeler) as per rules and on confirmation in service, attractive performance linked incentives.
Last date of registration of application forms: 22.12.2012
To know about eligibility conditions in detail, selection procedure, application fee etc, please visit LIC website www.licindia.in . Applications are to be submitted ON-LINE ONLY. Application fees of Rs. 500/- (Rupees Five hundred Only) (wherever payable) can be paid in cash from 2nd working day after registration and can be paid within three working days at any of the State Bank of India Branch office along with the system generated fee payment challan. For complete details, please visit: www.licindia.in