LIFE INSURANCE CORPORATION OF INDIACentral Zonal Office Bhopal
Engagement of Financial Service Executives
Approximately 36 Financial Services Executives are proposed to be engaged by various Divisional Offices of Central Zone (M.P.& Chhattisgarh) on Contract basis for 3 years (renewable depending on the performance) under the jurisdiction of Zonal Office, Bhopal
JOB REQUIREMENT
It is primarily a Marketing job. The FSE’s shall be directly responsible for Procuring New Business, providing Policy Servicing and related jobs from the bank branches / other outlets allotted to them. They shall also carry out any other instructions given to them from time to time. For this purpose considerable movements including tours covering entire area allotted to them are involved.
ELIGIBILITY CONDITIONS:
a) Qualification:
Applicant shall possess the Bachelor’s Degree of a University in India established under a statute. Preference may be given to those applicants who possess the Bachelor Degree or Diploma in Marketing /Management. 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.
b) Age: (i) The applicant shall have completed 21 years of age and not more than 35 years of age as on 1. 06. 2010.
HOW TO APPLY
Candidates satisfying the conditions of eligibility as on 01.06.2010, 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 Head Quarter towards application fees.
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.
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.
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About LIC
LIC had 5 zonal offices, 33 divisional offices and 212 branch offices, apart from its corporate office in the year 1956. Since life insurance contracts are long term contracts and during the currency of the policy it requires a variety of services need was felt in the later years to expand the operations and place a branch office at each district headquarter. Re-organization of LIC took place and large numbers of new branch offices were opened. As a result of re-organisation servicing functions were transferred to the branches, and branches were made accounting units. It worked wonders with the performance of the corporation. It may be seen that from about 200.00 crores of New Business in 1957 the corporation crossed 1000.00 crores only in the year 1969-70, and it took another 10 years for LIC to cross 2000.00 crore mark of new business. But with re-organisation happening in the early eighties, by 1985-86 LIC had already crossed 7000.00 crore Sum Assured on new policies.
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