Wednesday, June 9, 2010

Life Insurance Corporation of India


Life Insurance Corporation of India
Engagement of Financial Service Executives.
Approximately 87 Financial Services Executives are proposed to be engaged by various Offices of the Corporation on Contract basis for 3 years under the jurisdiction of Eastern Zonal Office, Kolkata (covering states of West Bengal, Assam, Sikkim, Arunachal Pradesh, Meghalaya, Manipur, Mizoram, Nagaland, Tripura and the U.T of A & N Islands), as per details below:
Sr. NoDivisionGeneralSCSTOBCTotal
CurrentBacklogCurrentBacklogCurrentBacklog
1Asansol0402Nil01Nil01Nil08
2Bongaigaon04NilNil01NilNilNil05
3Guwahati03NilNil01Nil02Nil06
4Howrah0603NilNilNil02Nil11
5Jalpaiguri0602Nil01Nil02Nil11
6Jorhat04NilNilNilNilNilNil04
7Kharagpur0301NilNilNil01Nil05
8KMDO -I0503NilNilNil02Nil10
9KMDO-II0602Nil01Nil01Nil10
10KSDO0503NilNilNil01Nil09
11Silchar06NilNil01Nil01Nil08
Zone Total4916Nil06Nil13Nil87
Job Requirement
It is primarily a Marketing job. The FSE’s shall be directly responsible for Procuring New Business, Providing Policy Servicing and related jobs from the bank branches / other outlets allotted to them. They shall also carry out any other instructions given to them from time to time. For this purpose considerable movements including tours covering entire area allotted to them are involved.

Eligibility Conditions:
Qualification :

Applicant shall possess the Bachelor’s Degree of a University in India established under a statute.
Preference may be given to those applicants who possess the Bachelor Degree or Diploma in Marketing /Management. Good 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 Limit: 21 - 35 years of age as on 30.06.2010.

Selection Procedure :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 will be of Objective Type covering 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 individually.
The selected candidates may be allotted anywhere during the period of engagement based on business requirements.
The selected candidate will have to undergo Theoretical Training, pass an examination conducted by the IRDA and obtain a license to procure Life Insurance Business. After procuring the license, if the candidate is found suitable for selection in accordance with the scheme, may be engaged as a Financial Services Executive on Contract basis subject to conditions framed by the Corporation.
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 Financial Service Executives to be engaged and the decision of the Corporation in this regard shall be final. No correspondence will be entertained in this regard. Selected candidates will be engaged as Financial Services Executives subject to their being found medically fit by the Medical Examiner authorized by the LIC for the purpose.

Application Fee :
Demand Draft of Rs 100/- drawn in favour of LIC of India payable at Kolkata. No fee for SC/ST candidates. Candidate’s name and date of birth should be written on the reverse of the Demand Draft.

How to Apply:

Application Form completed in all respects with enclosures should be posted in a closed cover with a superscription on the cover “Engagement of Financial Services Executives, (Name of Division) Division, The Sr. Divisional Manager, LIC of India, Divisional Office (Write address of any one of the Divisional Offices from the list given below to which the you wish to apply).
Name of Divisional OfficeAddress
Bongaigaon Divisional OfficeJeevan Prakash, Barpara Main Road, BONGAIGAON,ASSAM Pin : 783380
Guwahati Divisional OfficeJeevan Prakash, S. S. Road Fancy Bazar, GUWAHATI, ASSAM Pin : 781001
Howrah Divisional OfficeRallis Building, 4th floor, 16, Hare Street, KOLKATA. Pin: 700001
Kharagpur Divisional OfficeMalancha Road, Near Lal Bunglow, P.O. Nimpura, KHARAGPUR.,W.B. Pin : 721304
Jalpaiguri Divisional OfficeJeevan Prakash, Shanti Para, Post Box. 71, JALPAIGURI, W.B Pin : 735101
Jorhat Divisional OfficeJeevan Prakash, Rajabari Garali, P.B. No. 83, JORHAT, ASSAM, Pin : 785014
KMDO-IJeevan Prakash, 16, C. R. Avenue, KOLKATA, PIN : 700072
KMDO-IIJeevan Tara, 23A/44X, Diamond Harbour Road, KOLKATA. Pin : 700053
Asansol Divisional OfficeJeevan Prakash West end, G T Road Asansol Pin : 713304
KSDOJeevan Prabha, DD-5, Sector 1, Salt Lake City Kolkata Pin: 700064
Silchar Divisional OfficeJeevan Prakash, Meherpur, Silchar, Pin: 788015
Last Date for Receipt of Application is : 23.06.2010 (for candidates of far flung areas the last date is 30/06/2010)

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