LIC Direct Sales Executives Vacancy In Life Insurance Corporation of India (LIC) – Chennai
Life Insurance Corporation of India (LIC)
Direct Sales Executives
Life Insurance Corporation of India
Address: LIC Customer Zone Chennai Armenian Street, Parrys Corner
Postal Code: 600001
City Chennai
State Tamil Nadu
Pay Scale: Performance Based.
Employment Type: Contract Basis
Educational Requirements: Applicant shall possess the Bachelor’s Degree of a University established in India under a statute.
Qualifications: Preference may be given to those applicants who possess a Bachelor Degree or Diploma in Marketing /Management.
Desired Skills: Good working 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.
Details will be available at: https://www.licindia.in/pages/Annexure_1-SZ%20.pdf
No of Post: 1815 Posts
How To Apply: Candidates are necessarily required to apply On-line through LIC’s website under the heading “Careers” http://www.licindia.in/careers.htm. No other means/mode of applications will be accepted.
Last Date: 28.12.2012
Age Limit: 21-35Years
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REMUNERATION:
Direct Sales Executives, on engagement will be paid monthly remuneration, which will be entirely
performance based. The quantum is dependent on DSE’s achievement of specific business benchmarks and
performance of assigned tasks to the satisfaction of Corporation.
4. SELECTION PROCEDURE
a) 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 (if any) may be held at the centre where
Direct Marketing Unit applied for is located. The written test (if any) will be of Objective Type
covering Sales aptitude, 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
through email and also posted on the website www.licindia.in under link “Careers” and then
“ENGAGEMENT OF DIRECT SALES EXECUTIVES”. Candidates are advised to check the site for this
purpose.
b) 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 Direct Sales Executives to be
engaged and the decision of the Corporation in this regard shall be final. No correspondence will be
entertained in this regard.
c) The selected candidates subject to their being found medically fit by the Medical Examiner authorized
by LIC for the purpose will have to undergo Theoretical training and pass IRDA licensing test for
obtaining a license to procure Life Insurance Business within a maximum period of three months in maximum three attempts, following which he may be engaged as an apprentice Direct Sales
Executive.
d) As an apprenticeship DSE, the candidate shall have to undergo insurance related training and
pass a test on the same. The apprentice DSE shall be paid a fixed one-time stipend of Rs
3500/- (Rs. Three thousand five hundred only) as per rules of the Scheme.
e) On successful completion of the apprenticeship and passing the test, the candidate shall be engaged
as a Direct Sales Executive purely on contract basis subject to conditions framed by the Corporation.
f) The selected candidate will be allotted specific area of operation during the period of
engagement based on Business requirements.
g) It is clarified that selection as a Direct Sales Executive does not confer any right on the
candidate to be appointed as an employee in the Corporation.
5. APPLICATION FEES (NON-REFUNDABLE):
For all candidates (other than SC/ST category): Rs.100/- (Rs. One hundred only). The application fee shall be
paid by cash only at the cash counter during cash hours only of any Branch office of Life Insurance
Corporation of India under Account Code 114034.
6. HOW TO APPLY:
Candidates are necessarily required to apply On-line through LIC’s website under the heading “Careers”
http://www.licindia.in/careers.htm. No other means/mode of applications will be accepted.
The application process will be in following stages:
I. Applicants are first required to go to the LIC’s website www.licindia.in and click on the “Careers” to
open the link “ENGAGEMENT OF DIRECT SALES EXECUTIVES”. Thereafter, open the Recruitment
Notification and take a print out of the entire Recruitment Notification. The candidate shall visit the
nearest LIC Branch Office and make the payment of application fee of Rs. 100/- in cash (not
applicable for SC/ST candidates). No other mode of payment shall be acceptable. “Miscellaneous
receipt” issued by the LIC of India in token of the fees collected will have to be submitted with the
call letter at the time of the written test / interview. Without the Miscellaneous Receipt, the
candidate will not be allowed to appear in the written test / interview.
Candidates are required to keep the original and photocopy of the miscellaneous receipt for future use.
Candidates have to register on-line only after obtaining the miscellaneous receipt for payment of application
fee (not applicable for SC/ST) at the cash collection centre of LIC. If not, application shall be invalid.
II. Candidates satisfying the conditions of eligibility as on 01.12.2012 are required to log in to LIC’s
website under the heading “Careers” http://www.licindia.in/careers.htm for submission of
applications on-line. Once the candidate clicks open the link “ENGAGEMENT OF DIRECT SALES
EXECUTIVES”, another link titled “ON-LINE APPLICATION FOR ENGAGEMENT OF DIRECT SALES
EXECUTIVES 2012” is to be opened. It redirects the candidates to the on-line registration page. The
candidate is required to keep the details about bio-data and Miscellaneous Receipt ready to enable
him/her to fill up the application form correctly. The name of the candidate or his/her
father/husband etc. should be spelt correctly in the application as it appears in the certificates/mark
sheets. The candidate is provided the option to recheck the data or submit the form after completing
the details. While filling the ‘Fee Details” in the online application form, candidates are required to
enter and check the following: a) LIC Branch Code (Upper Left Hand Corner of the Miscellaneous Receipt) – Maximum
4 characters (Alpha Numeric).
b) Miscellaneous Collection Number – Maximum 6 Digits (appearing in the shaded
portion of the Box).
c) Transaction Number (Tr. No.) – Maximum 8 Digits (appearing on the Left Hand
Corner of the Receipt).
d) Transaction Date (appearing on the Upper Left Hand Corner of the Receipt). A
specimen of the Miscellaneous Receipt showing the above fields is shown below for
reference.
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