Post Name: Financial Services Executives
Organization:
Central Govt. Qualification: Last Date of submission of Application Form: August 21, 2013 Form Detail: LIFE INSURANCE CORPORATION OF INDIA. Northern Zonal Office, New Delhi Engagement of Financial Services Executives. Approximately 100 Financial Services Executives are proposed to be engaged for 2013-14 by various Divisional Offices of Northern Zone on Contract basis for 3 years under the jurisdiction of Northern Zonal Office, New Delhi as per details below: Category wise vacancies (Includes the back-log of FSE ) GEN- 59 SC- 12 ST- 5 OBC- 24 Total- 100 JOB REQUIREMENT :- It is primarily a Marketing job. The FSE’s shall be directly responsible for Procuring New Business, Providing Policy Servicing and other related jobs to such B&AC partners and also from the bank branches/ other outlets allotted to them by LIC of India. They shall also be carry out any other instructions given to them from time to time by LIC of India. 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 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. (Candidates already having IRDA license are not eligible) SELECTION PROCEDURE Selection will be made on the basis of a written test if felt necessary & will be followed by an Interview of candidates who qualify in the written test. 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. a. The selected candidates may be allotted anywhere during the period of engagement based on business requirements. b. The selected candidates 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. d. A Financial Services Executive will be paid a fixed amount every month and also yearly incentives based on the yearly performance. e. 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. f. 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 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.
Central Govt. Qualification: Last Date of submission of Application Form: August 21, 2013 Form Detail: LIFE INSURANCE CORPORATION OF INDIA. Northern Zonal Office, New Delhi Engagement of Financial Services Executives. Approximately 100 Financial Services Executives are proposed to be engaged for 2013-14 by various Divisional Offices of Northern Zone on Contract basis for 3 years under the jurisdiction of Northern Zonal Office, New Delhi as per details below: Category wise vacancies (Includes the back-log of FSE ) GEN- 59 SC- 12 ST- 5 OBC- 24 Total- 100 JOB REQUIREMENT :- It is primarily a Marketing job. The FSE’s shall be directly responsible for Procuring New Business, Providing Policy Servicing and other related jobs to such B&AC partners and also from the bank branches/ other outlets allotted to them by LIC of India. They shall also be carry out any other instructions given to them from time to time by LIC of India. 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 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. (Candidates already having IRDA license are not eligible) SELECTION PROCEDURE Selection will be made on the basis of a written test if felt necessary & will be followed by an Interview of candidates who qualify in the written test. 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. a. The selected candidates may be allotted anywhere during the period of engagement based on business requirements. b. The selected candidates 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. d. A Financial Services Executive will be paid a fixed amount every month and also yearly incentives based on the yearly performance. e. 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. f. 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 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.
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