Jobs in LIC South Central Zone Hyderabad Financial Service Executives FSE Vacancy

LIFE INSURANCE CORPORATION OF INDIA

South Central Zonal Office, Hyderabad.

Engagement of Financial Service Executives (FSE)

Approximately 137 Financial Services Executives are proposed to be engaged by various Offices of the Corporation on Contract basis for 3 years under the jurisdiction of Zonal Office, Hyderabad

JOB REQUIREMENT

It is primarily a Marketing job. The FSE’s shall be directly responsible for Procuring New Business, Providing Policy Servicing and related jobs from the bank branches / other outlets allotted to them. They shall also carry out any other instructions given to them from time to time. For this purpose considerable movements including tours covering entire area allotted to them are involved.

Eligibilty 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 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.

b) Age: (i) The applicant shall have completed 21 years of age and not more than 35 years of age as on 1st June 2010.

HOW TO APPLY

Candidates satisfying the conditions of eligibility as on 1st June 2010 , shall submit their Application in the format given below which shall be either hand-written in bold capitals or typewritten on foolscap size paper only. The Application should be properly signed. The following shall accompany the Application:

1. Demand Draft of Rs 100/- drawn in favour of LIC of India payable at Head quarters of Divisional Office which the candidate chooses, towards application fees.

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 Interview if they qualify in the written test 

Application Fee (Non-Refundable):

For all candidates (other than SC/ST category): Rs100/-The Application Fee shall be paid by Demand Draft only (valid for six months), favouring “Life Insurance Corporation of India” and payable at Head Quarters of the Divisional Office which the candidate chooses. Candidate’s name and date of birth should be written on the reverse of the Demand Draft.

Last date for receipt of Application Form together with Demand Draft towards application fees will be 03rd July, 2010. 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, _________ Division” to the following address:

The Senior Divisional Manager

LIC of India

Divisional Office

For complete details visit:
http://www.licindia.in/careers_pop10.html

About LIC 

The Life Insurance Corporation of India (LIC) is the largest state-owned life insurance company in India, and also the country's largest investor. It is fully owned by the Government of India. It also funds close to 24.6% of the Indian Government's expenses. It has assets estimated of 9.31 trillion (US$206.68 billion). It was founded in 1956 with the merger of more than 200 insurance companies and provident societies.

In 1955, parliamentarian Amol Barate raised the matter of insurance fraud by owners of private insurance companies. In the ensuing investigations, one of India's wealthiest businessmen, Ram Kishan Dalmia, owner of the Times of India newspaper, was sent to prison for two years. Eventually, the Parliament of India passed the Life Insurance of India Act on 1956-06-19, and the Life Insurance Corporation of India was created on 1956-09-01, by consolidating the life insurance business of 245 private life insurers and other entities offering life insurance services. Nationalization of the life insurance business in India was a result of the Industrial Policy Resolution of 1956, which had created a policy framework for extending state control over at least seventeen sectors of the economy, including the life insurance.

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