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Life Insurance Corporation of India Kolkata Recruitment 2010



LIC Recruitment 2010,
Eastern Zonal Office,
Kolkata.

Engagement of Financial Service Executives in LIC Eastern Zonal Office.

Life Insurance Corporation of India, approximately 87 Financial Services Executives are proposed to be engaged by various Offices of the Corporation on Contract basis for 3 years under the jurisdiction of Eastern Zonal Office (covering states of West Bengal, Assam, Sikkim, Arunachal Pradesh, Meghalaya, Manipur, Mizoram, Nagaland, Tripura and the U.T of A & N Islands), as per details below :

Recruitment in LIC of India 2010 :

SI. No. Name of Divisional Office General Likely Number of Posts
SC ST OBC Total
Current Backlog Current Backlog Current Backlog
1. Asansol 4 2 Nil 1 Nil 1 Nil 8
2. Bongalgaon 4 Nil Nil 1 Nil Nil Nil 5
3. Guwahati 3 Nil Nil 1 Nil 2 Nil 6
4. Howrah 6 3 Nil Nil Nil 2 Nil 11
5. Jalpaiguri 6 2 Nil 1 Nil 2 Nil 11
6. Jorhat 4 Nil Nil Nil Nil Nil Nil 4
7. Kharagpur 6 1 Nil Nil Nil 1 Nil 5
8. KMDO - I 5 3 Nil Nil Nil 2 Nil 10
9. KMDO - II 6 2 Nil 1 Nil 1 Nil 10
10. KSDO 5 3 Nil Nil Nil 1 Nil 9
11. Silchar 6 Nil Nil 1 Nil 1 Nil 8

LIC Job Requirement 2010 :

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.

LIC Recruitment 2010 Eligibilty Conditions :

A. Qualification for FSE Jobs in LIC of India 2010 :

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 Limit for Life Insurance Jobs :

  1. The applicant shall have completed 21 years of age and not more than 35 years of age as on 30.06.2010.
  2. The upper age limit as on 30th June, 2010 of an applicant belonging to a group given below shall not exceed the age mentioned below :
  3. SI. No. Category Age limit in years
    1. Member of a Scheduled Caste or a Scheduled Tribe 40
    2. Member of OBCs (other than those in creamy layer). 38
    3. Ex-serviceman
    35, increased by the number of years of service in the armed forces subject to maximum age of 45 years where he is a member of OBCs and 47 years where he is a member of SC or ST and Maximum of 42 years in Other than SC, ST, OBC Cases.

  4. Agents holding valid licence issued by IRDA shall be ineligible to be considered as FSE.

LIC Recruitment 2010 Selection Process :

LIC Selection Process will be made on the basis of a written test if necessary, followed by an LIC Interview of candidates who qualify in the written test. LIC of India 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.

The selected candidates may be allotted anywhere during the period of engagement based on business requirements.

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.

A Financial Services Executive will be paid a fixed amount every month and incentives based on the yearly performance.

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.

LIC Interview 2010 : 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 Service 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 LIC examination center will be taken as the Divisional Office to which the candidate has applied. However, in the case of Silchar Division, Agartala may be considered as an examination centre if there are sufficient numbers of candidates.
  2. No change in the choice of examination centre will be entertained under any circumstances. The Life Insurance Corporation reserves the right to add or delete any Centre or alter examination date at its discretion.

Life Insurance Corporation of India Kolkata Recruitment 2010


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