LIC Development officer Recruitment 2019


Life Insurance Corporation has invited Application for Apprentice Development Officer.
The total number of vacancies including the vacancies for the reserved category may increase or decrease, depending upon the actual vacancies at the time of final selection and availability of successful candidates after the interview.
The reservations under various categories will be as per prevailing Government Guidelines at the time of finalization of the result.
The total number of seats differ from LIC ZONE to Zone.
But upto 25% seats are reserved for LIC Agents
TENTATIVE SCHEDULE OF EVENTS:
Candidates can log in for Registration of Applications on the dates given below:
Opening date of On-Line Registration of Application and On-line payment of Application Fees/Intimation Charges.
20th May,2019
Last date of On-Line Registration of Application and On-line payment of Application Fees/Intimation Charges.
9th June,2019
Download of Call letter for On-Line Examination
29th June, 2019 onwards
Dates of Online Examination-Preliminary (tentative)
6th & 13th July,2019
Dates of Online Examination-Main (tentative)
10th August,2019
Candidates are advised to regularly keep in touch with the authorized LIC website www.licindia.in for details and updates.

JOB REQUIREMENT:

It is primarily a sales supervision job.
The selected candidates will be required to sponsor suitable persons to be appointed as Life Insurance Agents, train them properly, and help the recruited agents to sell life insurance to a maximum number of persons.
You should also visit , Career In LIC of India
They will also be required to give prompt after sales service to policyholders.
For this purpose considerable movement including tours covering the entire area allotted to them are involved. The recruitment as Apprentice Development Officers is for Urban and Rural Areas and the selected candidates will have to work in these areas. It is, however, likely that some of the selected candidates may be posted in the jurisdiction of nearby Divisional Office/s within the jurisdiction of the Zone.
It is clarified that appointment as Apprentice Development Officer does not by itself confer any right on the candidates to be appointed as Probationary Development Officer.

Salary for Development Officer:

A Probationary Development Officer at a specified Headquarter in the area will be placed in the scale of ₹ 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075 plus allowances and other benefits as per rules in force. On appointment as a Probationary Development Officer, basic pay of ₹ 21,865/- per month (except for Employee Category candidates) and other admissible allowances as per rules shall be payable. Total emoluments at the minimum of the scale, inclusive of House Rent Allowance& City Compensatory Allowance wherever admissible depending upon the classification of city, will be approximately ₹37,345/- in ‘A’ Class City and attractive performance linked Incentives.

Probation Period of Development Officer:

An Apprentice Development Officer, who successfully completes the apprenticeship and, in opinion of the Recruiting Authority, is otherwise suitable for appointment to the service of the Corporation may be appointed as a Development Officer and placed on probation. The period of probation shall be for one year which may be extended upto two years.
Age Criteria:
The applicant shall have completed 21 years of age (in completed years) and not more than 30 years of age (in completed years) as on 01.05.2019.
SELECTION PROCEDURE:
Selection will be made on the basis of on-line test followed by an Interview of candidates who qualify
in the on-line test and subsequent pre-recruitment Medical examination.
(I) On-line Test for Open Market Category:
Selection of Apprentice Development Officer from Open Market Category will be done through two phase examination.
Phase-I: Preliminary Examination:
Preliminary Examination consisting of objective test will be conducted online. The test will have three sections (with separate timings for each section) as follows:
Section
Name of test
Number of Questions
Maximum Marks
Medium of exam
Duration
1
Reasoning Ability
35
35
English & Hindi
20 minutes
2
Numerical Ability
35
35
English & Hindi
20 minutes
3
English
30
30**
English
20 minutes
TOTAL
100
70
1 hour

** English Language test will be of qualifying nature and the marks in English Language will not be counted for ranking.
Candidates equal to 20 times of number of vacancies in each category, subject to availability, will be shortlisted for Main examination.
Phase-II : Main Examination:
Main Examination consisting of objective test will be conducted online. Main examination will consist of objective tests for 150 marks.
Section
Name of test
Number of Questions
Maximum Marks
Medium of exam
Duration
1
Reasoning Ability & Numerical Ability
50
50
English & Hindi
Composite 120
minutes
2
General Knowledge, Current Affairs and English Language with Special Emphasis on Grammar and vocabulary
50
50
English & Hindi
3
Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and Financial Sector
50
50
English & Hindi
TOTAL
150
150
(II) On-line Test for Agents & Employee Category:
Selection of Apprentice Development Officer from Agents & Employee Category will be done throughsingle phase examination i.e. Main Examination.
Main Examination consisting of objective test will be conducted online. Main examination will consist of objective tests for 150 marks.
(i) For Agents Category :
Section
Name of test
Number of Questions
Maximum Marks
Medium of exam
Duration
1
Reasoning Ability & Numerical Ability
25
10
English & Hindi
Composite 120
minutes
2
General Knowledge, Current Affairs and English Language with
25
15
English & Hindi
7
Special Emphasis on Grammar and vocabulary
3
Elements of Insurance and Marketing of Insurance.
50
125
English & Hindi
TOTAL
150
150
(ii) For Employee Category :
Section
Name of test
Number of Questions
Maximum Marks
Medium of exam
Duration
1
Reasoning Ability & Numerical Ability
25
25
English & Hindi
Composite 120
minutes
2
General Knowledge, Current Affairs and English Language with Special Emphasis on Grammar and vocabulary
25
25
English & Hindi
3
Practice and Principle of Insurance Marketing
50
100
English & Hindi
TOTAL
150
150
LIC reserves the right to modify the structure of the examination which will be intimated through its website. Other detailed information regarding the examination will be given in an Information Handout which will be made available for the candidates to download along with the call letters from the LIC website www.licindia.in.

Candidates are necessarily required to apply On-line through LIC’s websitehttp://www.licindia.in/Bottom-Links/careers under the heading “Careers”. No other means/mode of applications will be accepted.

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