Life Insurance Corporation of India (LIC), Chennai invited online
applications for recruitment of 1815 Direct Sales Executives on contract
basis for a period of 3 years in its 13 marketing units / Branch
offices under Southern Zonal Office. Interested eligible candidates can
apply till 28 December 2012.
Important Dates:Last Date for applying Online: 28 December 2012
Closing Date for Fee Payment: 27 December 2012
Vacancy Details:Name of the Post: Direct Sales Executives
Total No. of Posts: 1815
| Sl. No. | Unit | No. of Posts |
|---|
| 1 | Chennai-1 | 172 |
| 2 | Chennai-2 | 278 |
| 3 | Coimbatore | 73 |
| 4 | Madurai | 77 |
| 5 | Salem | 79 |
| 6 | Tirunelveli | 236 |
| 7 | Trichy | 262 |
| 8 | Vellore | 158 |
| 9 | Ernakulam | 129 |
| 10 | Kottayam | 70 |
| 11 | Kozhikkode | 86 |
| 12 | Thiruvananthapuram | 98 |
| 13 | Thrissur | 97 |
| | Total | 1815 |
Eligibility Criteria:Age Limit (as on 01 December 2012):Minimum: 21 years.
Maximum: 35 years.
(Max. age limit for OBC candidates is 38 years and for SC / ST candidates is 40 years).
Educational Qualification:Bachelor’s
Degree from a UGC recognized University. Preference will be given to
candidates having Degree / Diploma in Marketing /Management.
Knowledge of English and one Regional language (preferably local language) is desirable.
Knowledge of soft skills such as Power Point / Word / Excel would be additional advantage.
Application Fee: An application fee of Rs.100 has to be deposited in cash in
a/c No. 114034 at any Branch office of Life Insurance Corporation of India.
[SC/ST candidates are exempted from payment of fee.]
A
“Miscellaneous receipt” will be issued by the LIC of India as token of
the fees collected. Candidates are required to keep the original and
photocopy of the ‘Miscellaneous receipt’ for future use.
Candidates
can register on-line only after obtaining the ‘Miscellaneous receipt’
for payment of application fee as fee deposit details are to be filled
in the online application form. Without the ‘Miscellaneous Receipt’, the
candidate will not be allowed to appear in the written test /
Interview.
Selection Procedure: Selection will be done on the basis of candidates’ performance in personal Interview.
If
the number of applications received is large, the corporation may hold a
written test to shortlist candidates for the Interview. The written
test, if held, will have Multiple Choice Objective Type questions on
Sales aptitude, Reasoning, Numerical Ability and General Knowledge.
Those qualifying the written test will be called for Interview.
The
date and venue of the written test will be communicated to the eligible
candidates through email and also posted on LIC’s website
http://www.licindia.in. Candidates are advised to regularly check the
site for this purpose.
Interview: Eligible
candidates (shortlisted directly / those who qualify the written test)
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.
Candidates can download the call letter for written test /
Interview from LIC’s website www.licindia.in. They will have to submit
the call letter along with the Miscellaneous Receipt at the time of
written test / Interview.
Medical Examination & Training:
Candidates qualifying the Interview will have to clear a medical
examination, to be carried out by a Medical Examiner authorized by LIC
for the purpose. Those found medically fit will have to undergo a
Theoretical training and pass IRDA licensing test for obtaining the
license to procure Life Insurance Business within a maximum period of
three months in maximum three attempts, following which he /she will be
engaged as an apprentice Direct Sales Executive (DSE).
During
apprenticeship, the candidate will be given an insurance related
training. The apprentice DSE will be paid a fixed one time stipend of
Rs.3500. On completion of the apprenticeship, candidates will be
required to pass a test on the same. Those passing the test will be
engaged as Direct Sales Executive on contract basis for a period of 3
years.
Remuneration: Performance based monthly remuneration.
[The
quantum is dependent on DSE’s achievement of specific business
benchmarks and performance of assigned tasks to the satisfaction of
Corporation.]
How to Apply: Interested eligible candidates can apply online through
http://www.licindia.in/careers.htm.
till 28 December 2012. On successful submission of the online
application form, a Registration Number and Password will be generated
by the system. Candidates are required to retain this Registration
Number and Password and print out of the submitted application form for
future use.
A copy of the Application print out is to be submitted at the time of Interview.
Note: Spouse of employees and agents of LIC of India are not eligible.
Candidates,
in their own interest, are advised to register only single application
because if more than one application is received from a candidate either
for the same Division and / or different Divisions and / or different
Zones then, the first application received from the applicant as per
on-line record will be treated as his /her only application and all
other applications shall be treated as invalid.
Selection as a
Direct Sales Executive does not confer any right on the candidate to be
appointed as an employee in the Corporation
