Vacancy For Financial Services Executives In Life Insurance Corporation of India – Kerala

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Life Insurance Corporation of India (LIC)

Financial Services Executives

LIC of India

Address: Divisional Office, 19/114, Mythree Arcade, Poothole

Postal Code: 680001

City Thrissur

State Kerala

Employment Type: Contract Basis

Educational Requirements: Bachelor’s Degree of a University in India

Date Posted: 04/24/2013

Details will be available at: http://www.licindia.in/pages/LIC_FSEs_notification.pdf

No of Post: 157 Posts

How To Apply: Candidates satisfying the conditions of eligibility as on 01-04-2013 shall submit their Application in the format given below which shall be either hand-written in bold capitals or typewritten on foolscap size paper only. The Application should be properly signed.

Last Date: 11.05.2013

Age Limit: 21-35 Years

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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.
3. The selected candidates may be allotted anywhere during the period of engagement based on business
requirements.
4. 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.
5. A Financial Services Executive will be paid a fixed amount every month and incentives based on the
yearly performance.
6. It is clarified that selection as a Financial Services Executive does not confer any right on the candidate
to be appointed as a Permanent employee in the Corporation.
7. 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 Services 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.
Note:
1. The choice of the examination center will be taken as the Divisional Office Head Quarters to
which the candidate has applied.
2. No change in the choice of examination centre will be entertained under any circumstances. The
Corporation reserves the right to add or delete any Centre or alter examination date at its
discretion.
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8. HOW TO APPLY
Candidates satisfying the conditions of eligibility as on 01-04-2013 shall submit their Application in the
format given below which shall be either hand-written in bold capitals or typewritten on foolscap size paper
only. The Application should be properly signed. The following shall accompany the Application:
1. Demand Draft of Rs 100/- drawn in favour of LIC of India payable at Divisional Headquarters
towards application fees.
2. Attested Photocopy of Caste Certificate in respect of SC/ST/OBC candidates.
3. Attested Photocopy of Qualification Certificate and Age Proof.
4. Attested Photocopy of Discharge Certificate in respect of Ex-servicemen.
The candidates are advised to keep ready with them the originals and a set of attested photocopies of each
of the certificates listed at item numbers 2,3 & 4 above for verification at the time of Interview if they
qualify in the written test.
9. Application Fee (Non-Refundable):
For all candidates (other than SC/ST category): Rs100/- The Application Fee shall be paid by Demand
Draft only (valid for three months), favouring “Life Insurance Corporation of India” and payable at
Divisional Headquarters. Candidate’s name and date of birth should be written on the reverse of the
Demand Draft.
Last date for receipt of Application Form together with Demand Draft towards application fees
will be 11.05.2013. 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, _________
Division,” to the following address:
The Senior Divisional Manager,
LIC of India,
Divisional Office,
---------------------------------
------------------------------ ( Address as applicable)
Note: Please DO NOT forward the applications to Zonal Office.
10. GENERAL INSTRUCTIONS:
(a) Candidates should ascertain, before applying, that they satisfy all the eligibility conditions as stipulated
in the notification. Candidates who do not satisfy the eligibility conditions are liable to be disqualified
at any stage of selection.
(b) Corporation takes no responsibility for any delay in receiving the Application Form or loss in postal
transit.
(c) Application Form not in the prescribed Format or incomplete/unsigned or received without the
Demand Draft for application fee wherever applicable or Caste Certificate in case of SC/ST/OBC
applicants, shall not be considered and are liable to be rejected.
(d) Application fee once paid will not be refunded under any circumstances nor will it be held in reserve
for future recruitment. The eligible candidates will be intimated separately about the exact date &
venue of the examination.
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(e) Decision of the Corporation in all matters regarding eligibility, conduct of examination, other tests,
Interview, selection and allotment would be final and binding on all candidates. No representation or
correspondence will be entertained by the Corporation in this regard.
(f) In case more than one application is received from an applicant for the same Division and/or different
Divisions and/or different Zones then, the first application received from the applicant as per entry
made in the register maintained by the corporation shall be treated as his only application and all the
other applications shall be treated as invalid. In case of any doubt or dispute, the decision of the Zonal
Manager shall be final and binding on the applicant.
(g) Agents with in-force licence are not eligible for engagement as FSE.
(h) Spouse of Agent/Employee are not eligible for engagement as FSE.
(i) CANVASSING IN ANY FORM WILL BE A DISQUALIFICATION.
ZO

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