LIC Financial Service Executives Recruitment 2013

LIC Financial Service Executives Recruitment 2013

LIC invites applications for the post of Financial Service Executives to work in various offices of the Corporation, under the jurisdiction of Western Zonal Office, Mumbai, on a contract basis for 3 years, as per details given below :

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Name of the Post : Financial Service Executive.

Number of the LIC Financial Service Executive Recruitment 2013 : 157 Posts.

Aurangabad – 10. Nanded – 10. Ahmedabad – 11.
Kolhapur – 5. Nashik – 5. Bhavnagar – 6.
M.D.O-I – 2. Pune 1 – 6. Gandhinagar – 8.
M.D.O-II – 9. Pune 2 – 5. Nadiad – 4.
M.D.O-III – 12. Satara – 4. Rajkot – 7.
M.D.O-IV – 0. Thane – 23. Surat – 4.
Nagpur – 7. Goa – 9. Vadodara – 7.

LIC Financial Service Executives Job Requirement :

It is primarily a Marketing job which entails touring the entire area allotted. The FSEs shall be directly responsible for procuring New Business, providing Policy Servicing and other jobs related to the Bank branches and Outlets allotted to them. They shall also carry out various instructions given to them from time to time.

Eligibility Conditions for LIC Financial Service Executives Exam 2013 :

LIC FSE Job Qualification :

The Applicant shall possess a Bachelor’s Degree of a University in India established under a statute. Preference may be given to those applicants who possess a Bachelor Degree or Diploma in Marketing / Management. Good working knowledge of English and also one Regional language preferably the local language is desirable. Knowledge of soft skills such as Power Point / Word / Excel would be an additional advantage.

Age Limit for LIC Financial Service Executives Recruitment 2013 :

The applicant shall have completed 21 years of age but not more than 35 years of age as on 1st November, 2013.

The upper age limit as on 1st November, 2013 ( of an applicant belonging to a group given below ) shall not exceed the age mentioned below:-

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.

LIC Financial Service Executive Selection Process 2013 :

LIC FSE 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. LIC FSE Written Test will be of Objective Type covering Test of Reasoning, Numerical Ability and General Knowledge. The date and venue of the lic written test 2013, 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 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 Life Insurance Corporation of India.

A LIC Financial Services Executive will be paid a fixed amount every month (1st Year Rupee 10000/-, 2nd Year Rupee 11300/- & 3rd Year Rupee 12700/-) and incentives based on the yearly performance.

It is clarified that selection as a LIC Financial Services Executive does not confer any right on the candidate to be appointed as a Permanent employee in the Corporation.

7. LIC Financial Service Executive Interview 2013 : Candidates successful in the lic written test (if conducted) or eligible candidates will be called for an LIC Financial Service Executive Interview 2013. The Life Insurance Corporation reserves the right to restrict the number of candidates to be called for lic fse 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 LIC Financial Services Executives subject to their being found medically fit by the Medical Examiner authorized by the LIC for the purpose.

Note :

The choice of the LIC Financial Service Executive Examination / Interview center will be taken as the Divisional Office to which the candidate has applied.

No change in the choice of LIC Financial Service Executive Exam 2013 / Interview centre will be entertained under any circumstances.

The Life Insurance Corporation Financial Service Executive Recruitment 2013 reserves the right to add or delete any Centre or alter examination / Interview date at its discretion.

8. LIC Financial Service Executive Application Form 2013 :

Candidates satisfying the conditions of eligibility as on 1st November, 2013, shall submit their LIC FSE Application in the format given below which shall be either hand-written in bold capitals or typewritten on foolscap size paper only.

The LIC Financial Service Executive Exam Application should be properly signed. The following shall accompany the LIC FSE Application :

1. Demand Draft of Rupee 100/- drawn in favour of LIC of India payable at ( Divisional Office Headquarters ) towards application fees wherever applicable.

2. Attested Photocopy of Caste Certificate in respect of SC / ST / OBC 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 LIC Financial Service Executive Interview if they qualify in the written test.

9. LIC Financial Service Executive Exam Application Fee (Non-Refundable) :

For all candidates (other than SC/ST category) : Rupee 100. The LIC FSE Application Fee shall be paid by Demand Draft only (valid for six months), favouring “Life Insurance Corporation of India” and payable at the Divisional Headquarter (where the candidate wishes to apply & send his application)______ Candidate’s name and date of birth should be written on the reverse of the Demand Draft.

Last date for receipt of LIC FSE Exam 2013 Application Form together with Demand Draft towards application fees will be 13th December, 2013.

LIC Financial Service Executive Application Form completed in all respects with enclosures should be posted in a closed cover with a superscription on the cover “Engagement of Financial Services Executives”, (Name of Division) Division, to the following address.

DIVISIONS NAME Address to whom application is to be sent
Ahmedabad Division Office, Jeevan Peakash, Tilak Marg, Ahmadabad – 380 001, Mobile No : 94270 28588.
Amravati Division Office, Jeevan Peakash, Shrikrishna Peth, NR. Dafrin Hospital, Amravati – 444 601, Mobile No : 94229 52777, 94045 45535.
Aurangabad Division Office, Jeevan Prakash, Adalat Road, Aurangabad, – 431 005, Mobile No :  97644 44758, 94231 05405, 94209 70802.
Bhavnagar Division Office, Jeevan Prakash Nilam Buag Circle, Bahvnagar – 364 001, Mobile No : 97239 96499.
Gandhinagar Divisional office, Jeevan prakash, Behind telephone Exchange, Sector – 11, Gandhinagar – 382 017, Mobile No :  9824091485, 9909907187.
Goa Divisional Office, Jeevan Vishwas, Plot no : 2, Edc Complex, patto, Panjim, goa – 403 001, Mobile No : 94802 22622.
Kolhapur Divisional Office, Code no : 90, Centre Point, p. O. Box no : 257, Kolhapur – 416 001, Mobile No : 94224 38938, 94034 37208.
Mumbai – I Divisional Office, East wing, Yogakshema, Jeevan Bima Marg, Mumbai-400 021, Mobile No : 98693 84319, 81085 03809.
Mumbai – II Divisional Office, Plot no. 112, Sion koliwada Road, Sion ( East ), Mumbai-400 022, Mobile No :  99870 03451, 97573 97421, 98673 41413.
Mumbai – III Divisional Office, New india bhavan, 1st floor, S V Road, Santacruz – w, Mumbai – 400 054, Mobile no : 9833656161, 9890950767, 9892324492, 9869758133.
Mumbai – IV Divisional Office, East wing, Yogakshema, Jeevan Bima Marg, Mumbai – 400 021, Mobile No : 99675 39567, 9920306176
Nadiad Divisional Office, Jeevan prakash, Pij road, Nadiad – 387002, Mobile No : 97270 14783.
Nagpur Divisional Office, National ins. Bldg, Sardar Vallabhbhai Patel marg, Po box no 63, Nagpur – 440 001, Mobile No : 97662 48711, 94221 66824, 94229 49038.
Nanded Divisional Office, Jeevan Prakash, Hingoli road, P.o. Box no. 23, Nanded – 431 605, Mobile no : 9422873268.
Nashik Divisional Office, Jeevan Prakash, P. O. Box no. 410, R. G. Gadkari Chowk, Nashik – 422 002, Mobile No : 98923 24746, 98920 53042.
Pune – I Divisional Office, Jeevan Prakash, P. O. Box no. 935, Shivaji Nagar, Pune – 411 005, Mobile No : 98222 32489, 94042 56299, 94230 06718.
Pune – II Divisional Office 688 A+B, Mahaveer Park Bldg., IV th Floor, Opp. Walvekar Lawns, Pune – Satara Road, Bibwewadi, Pune 411 037, Mobile No : 95456 89245, 98908 57822, 77095 19647, 98905 06767, 75885 95926.
Rajkot Divisional Office, Jeevan Prakash, P. O. Box no. 208, Tagore Marg, Rajkot – 360 001, Mobile No : 98254 47320.
Satara Divisional Office, Jeevan Tara, Ganpatdas Devi Path, 513, Sadar Bazar, Satara – 415 001, Mobile No : 94216 73659.
Surat Divisional Office, Jeevan Prakash, Muglisara, P. O. Box no. 239, Surat – 395 003, Mobile No : 98251 91541
Thane Divisional Office, Jeevan Chintamani, Eastern Express Highway, P. O. Box no. 464, Thane – 400 604, Mobile No : 99871 18158, 90226 69240, 98923 26842.
Vadodara Divisional Office, Suraj Plaza – ii, 4th, 6th, 7th floor, Sayaji Ganj, Vadodara – 390 005, Mobile No : 98250 40472.

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