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Tuesday, March 8, 2011

LIC Kolkata FSE Selection Procedure Written Test Pattern Interview Date Form Eligibility


Life Insurance Corporation of India, LIC, Kolkata invites application for the following posts:

Positions:

1) Financial Service Executive (FSE)

SELECTION PROCEDURE

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 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.

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.

Note:
1) The choice of the 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 Corporation reserves the right to add or delete any Centre or alter examination date at its discretion.

For more information please visit:

About Life Insurance Corporation of India (LIC)
Established on September 1, 1956 and owned by the Govt. of India, Life Insurance Corporation of India is the biggest life insurance company in the country.  It is also the biggest investor in India with funds about quarter of the government’s expenses. LIC is estimated to have assets worth eight trillion rupees. LIC has its headquarters in Mumbai. It also has eight zonal offices and over one hundred divisional offices spread out all over India. LIC also has a network of over one million agents.

The LIC is currently headed by T.S. Vijayan (Chairman), A.Das Gupta, Thomas Mathew and D.K. Mehrotra (Managing Directors).

LIC Housing Finance, LIC Nepal, LIC Lanka and LIC International are subsidiaries of LIC.

LIC Housing Finance is aimed at providing long term finance towards purchase or construction of apartments. It is located in Dubai.

LIC Lanka and LIC Nepal are joint venture companies with Barleet Group of Companies and Vishal Group of Industries respectively.

LIC International aims at providing insurance to NRIs all over the world in US dollar denominations.

The various insurance plans by LIC are as follows
Children’s Plans
Child Future Plan
Jeevan Chhaya Plan
Educational Annuity Plan
Komal Jeevan
Child Fortune Plus
Child Career Plan
Jeevan Kishore
CDA Endowment Vesting at 18 & 21
Jeevan Anurag
Joint Life Plan
Jeevan Sathi
Jeevan Sathi Plus
Term Assurance Plans
Amulya Jeevan
Anmol Jeevan
Convertible Term Assurance Policy
Two Year Temporary Assurance Policy
Whole Life Plans
Jeevan Tarang
Jeevan Anand
Whole Life policy Single and Limited Premium
Special Money Back Plan for Women
Jeevan Bharti
Money Back Plans
Bima Bachat
Jeevan Surabhi- 15,20,25 years
Money Back Policy – 20, 25 years
Plans for High Worth Individials
Jeevan Pramukh
Jeevan Shree
Plans for Handicapped Dependents
Jeevan Vishwas
Jeevan Aadhar

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