Life Insurance Corporation of India (LIC) invited application from Indian citizen in prescribed application format for the Recruitment of 2418 Direct Sales Executive In New Delhi . This application are invited for those candidate can hold Bachelor’s Degree and who is interested in government job in various Divisions of LIC Northern Zonal Offices.
The Following Post is proposed to be engaged by various Offices of the Corporation purely on Contract basis for 3 years under the jurisdiction of Northern Zonal Office. The number of engagements may be changed during the selection process depending on the requirements of the office:
Direct Sales Executive-Posts-2418
Pay Scale: Direct Sales Executives, on engagement will be paid monthly remuneration, which will be entirely performance based. An amount of Rs. 25,000/- per month will be payable on achieving the business parameters, as prescribed in the Scheme. However, the same can be higher or lower, depending upon the business performance. There is no upper limit to earn the remuneration based on performance.
Age: Min 21 years of age and Max 35 years of age as on 01.05.2010 (cut-off date).
Applicant shall possess the Bachelor’s Degree of a University in India established in India under a statute. Preference may be given to those applicants who possess 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.
a) Selection will be made on the basis of a written test if necessary, followed by an Interview of candidates who qualify in the written test. Written Test will be of Objective Type covering Sales aptitude, 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 and also posted on the website. Candidates are advised to check the site for this purpose.
b) 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 Direct Sales Executives to be engaged and the decision of the Corporation in this regard shall be final. No correspondence will be entertained in this regard.
c) The selected candidates subject to their being found medically fit by the Medical Examiner authorized by LIC for the purpose will have to undergo Theoretical training and pass IRDA licensing test for obtaining a license to procure Life Insurance Business within a maximum period of three months in maximum three attempts, following which he may be engaged as an apprentice Direct Sales Executive.
d) As an apprenticeship DSE, the candidate shall have to undergo insurance related training and pass a test on the same. The apprentice DSE shall be paid a fixed one-time stipend of Rs. 5,000/- as per the rules of the Scheme.
e) On successful completion of the apprenticeship and passing the test, the candidate shall be engaged as a Direct Sales Executive purely on contract basis subject to conditions framed by the Corporation.
f) The selected candidate will be allotted specific area of operation during the period of engagement based on Business requirements.
g) It is clarified that selection as a Direct Sales Executive does not confer any right on the candidate to be appointed as an employee in the Corporation.
Link To Download Application Form: http://www.licindia.in/pages/Notification_Northern_Zone.pdf
Link For Addresses to Forward Applications: http://www.licindia.in/pages/Notification_Northern_Zone.pdf
How to Apply : Complete application in prescribed format along with enclosures should be send to the Senior Divisional Manager of the concerned Division where candidates wants to apply on or before 24/05/2010 in an envelope super scribed as "Engagement of Direct Sales Executives, ………. Division" :
Details and application form format is available at http://www.licindia.in/pages/Notification_Northern_Zone.pdf
Application Fee : A crossed Demand Draft of Rs.100/- drawn in favour of "Life Insurance Corporation of India" payable at ….Divisional Headquarter……. SC/ST candidates are not required to pay any fee. Candidates should write his/her name and date of birth on the back side.
Last Date To Apply: 24.5.2010
The Senior Divisional Manager, LIC of India,
Delhi Division-IJeevan Prakash
25, K.G. Marg New Delhi-110001