LIC (Life Insurance Corporation of India) has come up with the recruitment notification for Apprentice Development Officers (ADO).This nationalized company needs no introduction as it has been serving millions of Indians for more than 50 years.The public sector insurance company operates across various zones in India & has branch offices all over the country.
The ADO job openings are a very good opportunity for youngsters who are willing to enter the booming insurance sector & build a career in a govt. company
This is an independent recruitment by LIC & hence you DON’T require IBPS exam scores.So anyone who has not appeared for IBPS bank exams can apply for these vacancies.
Vacancies & Payscale
Apprentice Development Officer (ADO) – 5066 posts (across 8 zones)
Applicants have to apply for any 1 zone & any 1 division with that specific region only.
Initially ADO`s shall be paid a monthly stipend of Rs.23,836 during their apprentice period.
On successful completion of apprenticeship, you would be appointed as Probationary Development Officer with total emoluments of approx. Rs.26,736/ month in addition to other benefits such as pension, gratuity, medical insurance, incentives & allowances.
Important Dates:
Online registrations from June 1 to 30, 2015
Online test tentatively scheduled to be conducted on July 19 & 25th
Who are Eligible?
There aren’t many conditions specified by LIC for eligibility.They have kept it simple,
- Aged between 21 – 30 years as on June 1 , 2015 (max. age is sc/st:35 & 33 for obc)
- Must have completed degree (preference shall be given for candidates with MBA marketing or PG diploma in marketing)
- LIC agents & Employees currently working with LIC are also eligible
Though experience is not compulsory, applicants (except LIC employees & agents) with min.2 yrs exp.in insurance field will be given preference.
Selection Process:
An online objective test of 2 hrs duration will be conducted in three papers –
- Paper I: Test of Reasoning & Numerical Ability
- Paper II: G.K,Current affairs & English language
- Paper III: Insurance and Financial Marketing Awareness
It is necessary to pass in each paper & also secure minimum total marks (set by LIC after exam) to qualify for personal interviews.
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Books: Luckily to help you in preparations, books for LIC ADO exam are available on various internet stores itself.
LIC ADO Exam Guide + Practice Sets (by Kiran publications) – Rs.280 – Buy Online |
Work Profile:
A candidate chosen for Apprentice Development Officer (ADO) job in LIC will have to impart but not limited to the following duties,
- Recruit agents, train them in selling life insurance products & supervise their performance
- To increase the sales made by these agents by providing necessary training
- Provide after sales support to policyholders (such as helping them make ontime payments, renewals, claims etc)
- Travel within the allotted area
Service Bond: Selected individuals are to execute a bond at the time of joining agreeing to stay with LIC for 4 years or pay Rs.25000 incase of quitting the company.
How to apply:
If you wish to apply for this LIC recruitment, start the registration process by visiting licindia.in/careers.htm & submit the online application.
| While the application fee for SC/ST is Rs.50, candidates from other categories have to pay Rs.500 only via online mode suing debit/ credit card or Internet banking. |
Remember to take a print of the E-receipt & the online registration form after successfully submission.
Call letters for the LIC ADO online test can be downloaded starting July 13 from LIC`s website.
More details: All those interested to apply can download the LIC ADO 2015 recruitment notification according to the respective zonewise advts. from their website here.