LIC Mumbai Financial Service Executives FSE jobs July-2010
LIFE INSURANCE CORPORATION OF INDIA. WESTERN ZONAL OFFICE, MUMBAI.
has announced jobs for the post of Financial Service Executives for its Western Zonal office in Mumbai on a contract basis for 3 years , as per details given below:
JOB REQUIREMENT
It is primarily a Marketing job which entails touring the entire area allotted. The FSEs shall be directly responsible for procuring New Business, providing Policy Servicing and other jobs related to the Bank Branches and Outlets allotted to them. They shall also carry out various instructions given to them from time to time.
1. Eligibilty Conditions:
a) Qualification:
The Applicant shall possess a Bachelor’s Degree of a University in India
established under a statute. Preference may be given to those applicants who
possess a Bachelor Degree or Diploma in Marketing /Management. Good working
knowledge of English and also one Regional language preferably the local
language is desirable. Knowledge of soft skills such as Power Point / Word / Excel
would be an additional advantage.
b) Age:
(i) The applicant shall have completed 21 years of age but not more than 35 years of
age as on 01.07.2010.
(ii) The upper age limit as on 01.07.2010
2. 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. The Written Test will be
Objective Type covering Test of Reasoning , Numerical Ability and General
Knowledge. The date and venue of the written test , if conducted will be
communicated to the eligible candidates individually.
3. POSTING:
The selected candidates may be posted anywhere during the period of engagement
based on business requirements.
4. TRAINING:
The selected candidates will have to undergo Theoretical Training, pass an
examination conducted by the IRDA and obtain a licence to procure Life Insurance
Business. After procuring the licence, the candidate if found suitable for selection in
accordance with the scheme, may be engaged as a Financial Services Executive on
Contract basis , subject to the conditions framed by the Corporation.
5. A Financial Services Executive will be paid a fixed amount every month and the
incentives will be 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. TEST / 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 the written test and/or interview commensurate with the
number of Financial Services Executives to be engaged . The decision of the
Corporation will be final and 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.
8. HOW TO APPLY:
Candidates satisfying the conditions of eligibility as on 01.07.2010, shall submit their
applications to the concerned Divisional Office of LIC of India , in the format given
below which shall either be hand-written in bold capital letters or typewritten on
foolscap size paper only. The Application should be properly signed and submitted
with the following requirements:
1. Demand Draft of Rs 100/- towards application fees drawn in favour of LIC of India payable at the Divisional Head Quarter of the office where the application is submitted.
2. Attested Photocopy of Caste Certificate in respect of SC/ST candidates.
3. Attested Photocopy of Qualification Certificate and Age Proof.
4. Attested Photocopy of Discharge Certificate in respect of Ex-servicemen.
Candidates are advised to carry along with them the original and a set of attested
photocopies of the certificates listed at item numbers 2,3 & 4 above, for verification at
the time of the interview, if they qualify in the written test.
9. APPLICATION FEE (Non-Refundable):
For all candidates (other than SC/ST category) the application fee is Rs 100/-. The
Application Fee shall be paid by Demand Draft only (valid for six months), favouring
“Life Insurance Corporation of India” and payable at the Divisional headquarters .
Candidate’s name and date of birth should be written on the reverse of the Demand
Draft.
10. Last date for receipt of Application Forms together with the Demand Drafts and other
requirements will be 15/7/2010. The Application Forms completed in all respects
together with the enclosures should be sent to the respective Divisional Offices in a
closed cover marked “Engagement of Financial Services Executives, as per the details
in Annexure – II.
For Application form and other details please read this advertisement ==> http://www.licindia.in/pages/annexure1-notification170907.pdf
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