Tag Archives: insurance jobs

23 Jan

IRDAI Recruitment of Junior Officers 2016 (24 Posts)

Insurance Regulatory and Development Authority of India (IRDAI) invites applications for the posts of Junior Officers for the year 2016. There are 24 posts in total.

Selection Process: The recruitment exam will be of two phases just like RBI Grade B officers exam. Phase I Online Exam will be held on 27th February 2016. You can apply online starting from 18th January 2016 to 4th February 2016.

Name of the Organization : Insurance Regulatory and Development Authority of India (IRDAI)

Name of the Post : Junior Officers

Total Posts: 24 Nos. (Actuarial – 4, Accounting – 3, Legal – 2, General -15)

Check official Notification here.

Apply online here.

11 Jul

OICL(Oriental Insurance) Assistants Recruitment 2015(Best Books, Notification, etc.)

OICL(Oriental Insurance Company Limited) issued the notification for 606 posts of Assistants in 2015. You can check complete details below:

Name of the Organization : Oriental Insurance Company Ltd (OICL)

Name of the Post : Assistants
Total Posts : 606

Important Dates :

Starting Date of Online Applications : 10th July 2015
Last Date for Online Applications : 28th July 2015
Online Exam Date: Month of August 2015 (tentative)

Application Fee :

Rs. 500/- for General and OBC
Rs. 50/- for others

AGE (as on 01.07.2015)
Minimum Age: 18 years; Maximum Age: 26 years (as on 01.07.2015). Government norms for age relaxation is allowed.

EDUCATIONAL QUALIFICATION (as on 01.07.2015)
Graduate from a recognized University OR Pass in HSC/Equivalent (XII pass) examination
with 60% marks

SELECTION PROCEDURE
Online written test followed by interview and Computer efficiency test.

Paper Pattern:

There will be five sections of 50 marks each and each section will have 40 questions. The total exam time is 2 hours.

1 Test of Reasoning
2 Test of English Language
3 Test of General Awareness
4 Test of Numerical Ability
5 Computer Knowledge.

Check out the Best Books for the preparation of OICL(Oriental Insurance) Assistants Recruitment 2015.

Check out notification and apply online here.

02 Jul

UIIC (United India Insurance Co. Ltd) Assistants Recruitment 2015(Best Books, Apply Online, Syllabus, etc.)

United India Insurance Company Ltd (UIIC) invites applications for the recruitment of Assistants for the year 2015. There are 750 Posts in total. The last date to apply is 20th July 2015 on United India Insurance Company’s website www.uiic.co.in. Below are the details.

Name of the Organization : United India Insurance Company Ltd (UIIC)

Name of the Post : Assistants

Number of Vacancies : 750 Posts

Vacancy Details :
SC – 111 Posts
ST – 52 Posts
OBC – 182 Posts
UR – 405 Posts

Important Dates :
Starting Date of Online Registration : 7th July 2015
Last Date of Online Registration : 20th July 2015
Date of Online Test : 30th August 2015

See Also: Check out Best books for United India Insurance Assistants Recruitment 2015.

Check Official Notification of UIIC Assistants Recruitment 2015 from here.

23 Jun

IRDAI Recruitment of Assistants/Rajbhasha Assistant 2015 -Notification,Books, etc.

IRDAI invites applications for the 25 posts of Assistants/Rajbhasha Assistant for the year 2015. Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body formed under an Act of the Parliament(Just like SEBI).

Number of Vacancies:

(a) 23 Post of Assistants and
(b) “One post of Raj Bhasha Assistant”

Important Dates:

Website Link Open – 17 June 2015

Last date for on-line application and
payment of examination fee -10 July 2015

Conduct of on-line examination for
Assistants- August 2015

Conduct of online examination for
Rajbhasha Assistants- August 2015

Publishing of shortlisted candidates for
interview- Last week of Aug 2015

Selection Process: Online written exam followed by interview.
Check out the best books for online written exam.
Check out the best books for interview.

Pay scale: Selected candidates will draw a starting basic pay of Rs.14,500/- per month in the scale of Rs. 14,500 – 600 (7) – 18700 – 700(2) – 20,100 – 800(7)– 25,700 (17 years) and other allowances, like. Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Grade Allowance, etc., as admissible from time to time. At present, initial monthly gross emoluments for Assistants (including Raj Bhasha Assistant) is approximately Rs.57,784/- and the pay scales are due for revision. There are reasonable prospects for promotion to higher grades.

It is a great post and all candidates should give their honest hard work if they want to get selected.

Check out the official notification and apply online here.

07 Jun

Best Books for LIC ADO Exam 2015

Life Insurance Corporation (A major government owned insurance sector company), has issued a notification for the recruitment of more than 5000 ADO (Apprentice Development Officers).

Selection will be made on the basis of on-line test followed by an Interview of candidates
who qualify in the on-line test.

On-line test will be of objective type, multiple choice of two hours duration comprising of the following sections:

I: Reasoning Ability, 25 Questions, 25 Marks
II: Numerical Ability, 25 Questions, 25 Marks
III: General Knowledge and Current Affairs, 25 Questions, 25 Marks
IV: English Language with special emphasis on Grammar and Vocabulary, 25 Questions, 25 Marks
V: Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and Financial Sector, 50 questions, 50 marks.

Check out the Best Books for LIC ADO 2015 Preparation:

A) Reasoning Ability:

1) Analytical Reasoning by MK Pandey (BSC Publication): It is my personal favorite and one of the best books that is available in the market to prepare high level reasoning. All topics are explained systematically and with complete explanation and examples.

B) Numerical Ability, Data Analysis & Interpretation :

1) Fast Track Objective Arithmetic by Arihant: My personal favourite in Numerical Ability is this book, that covers all basics and shortcuts in a relative intuitive manner. Hundreds of questions are given at the end of each chapter for you to practice.

If book is not available on Flipkart, buy it on Amazon:

2) The Accredited Guide to Data Interpretation and Data Sufficiency: A Must have Resource for Aspirants of CAT, MAT, XAT, IIFT, CSAT, SBI PO, Bank Clerk, SSC: As some questions would be based on Data analysis and interpretation, you should read this book also.

C) English Language with special emphasis on Grammar and Vocabulary:

1) General English by Lucent Publications: The best book for the preparation of English section with special emphasis on Grammar and Vocabulary. All topics are explained in English and Hindi language to give you better understanding. Plus, it is an exhaustive book which has covered even small topics in detail.

D) Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and Financial Sector:

1) Handbook on Computer Awareness: This Book is really useful for Recruitment Exams such as SBI PO exam, IBPS PO/RRB/Clerk, SSC, LIC AAO, Railways and entrance exams of MCA, MBA, BBA and similar courses.

If this book is not available, buy this book:

2) Guide to Banking General Awareness and Banking Aptitude Test: Great book for banking awareness section. It contains more than 1,000 questions for the preparation of Banking awareness section.

3) Marketing Aptitude / Computer Aptitude / General & Banking Awareness: A Must have book that covers marketing aptitude, computer knowledge and banking awareness.

For general awareness or current affairs section, you need to read newspaper daily or like our Facebook page to get current affairs daily or follow our monthly current affairs section on this website.

Bonus Book: LIC Online Exam Practice Work Book with Previous Years Solved Papers (With CD) : This book would be very useful for LIC ADO exam also with insurance related questions given in the book. You would also get CD to practice online exam.

All the best.

07 Jun

LIC ADO Recruitment Notification 2015(North, South, East, West Zone)

Life Insurance Corporation (A major government owned insurance sector company), has issued a notification for the recruitment of ADO (Apprentice Development Officers) and there are more than 5000 posts are notified by LIC that also contains the backlog vacancies.

Important Dates:

Commencement of on-line registration of application – 01/06/2015

Closure of registration – 30/06/2015

Closure for editing application details – 30/06/2015

Last date for printing your application – 15/07/2015

Online Fee Payment – 01/06/2015 to 30/06/2015

Date of On-line test:

On-line test will be held at various centres, tentatively on Sunday, 19th July,
2015 & Saturday, 25th July, 2015 and/or any other date.

Check out Best Books for LIC ADO Exam 2015.

JOB REQUIREMENT:

It is primarily a sales supervision job. The selected candidates will be required to recruit
agents, train them properly, and help the recruited agents to sell life insurance to
maximum number of persons. They will also be required to give prompt after sales
service to policyholders. For this purpose considerable movements including tours
covering the entire area allotted to them are involved.

REMUNERATION:

During the apprentice period, the candidate selected as Apprentice Development Officer
will be paid a fixed amount as stipend per month as per rules of the Corporation. At
present the amount of stipend is about Rs.23836/- per month, except in case of
candidates selected from LIC Employees category.

On appointment as a Probationary Development Officer, basic pay of Rs.11535/- per
month (except for Employee Category candidates) in the scale of 11535-700(2)-12935 –
825(2) -14585 -840(17)-28865 (Under Revision) and other admissible allowances as
per rules shall be payable. Total emoluments will be approximately Rs.26736/-. Other
benefits include Gratuity, Defined Contributory Pension Scheme, LTC, Medical Benefit,
Group Savings Linked Insurance (GSLI), Group Personal Accident Insurance, vehicle
advance (2-wheeler/4-wheeler) as per rules and on confirmation in service, attractive
performance linked Incentives. Please note that wage revision of LIC is under process WEF year 2012. So, this salary will increase.

Age:
The applicant shall have completed 21 years of age (in completed years) and not
more than 30 years of age (in completed years) as on 01.06.2015 i.e candidates
must have been born not earlier than 02.06.1985 and not later than 01.06.1994
(both days inclusive) as on 01.06.2015. Relaxation of age as per government norms.

Qualification: Graduation from any recognized university.

SELECTION PROCEDURE:

Selection will be made on the basis of on-line test followed by an Interview of candidates
who qualify in the on-line test.

On-line test will be of objective type, multiple choice of two hours duration comprising of the following sections: :

I: Reasoning Ability, 25 Questions, 25 Marks
II Numerical Ability, 25 Questions, 25 Marks
III General Knowledge and Current Affairs, 25 Questions, 25 Marks
IV English Language with special emphasis on Grammar and Vocabulary, 25 Questions, 25 Marks
V Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and Financial Sector, 50 questions, 50 marks.

Candidate MUST pass in each paper separately and should also obtain minimum
marks in the aggregate of the three papers to qualify for the interview. The minimum
marks to be obtained in each paper and in the aggregate shall be decided by LIC of
India.

Read complete notification for various zones and apply online here.

17 Feb

Best Books for Oriental Insurance AO Recruitment 2015

Oriental Insurance Company Limited(OICL) recently announced the recruitment of Administrative Officer Scale – I in the various disciplines. Read the advertisement.

The paper pattern is as follows:

For Generalists:

200 Marks – Five Sections – English, Mathematics, Reasoning, General awareness and Descriptive Test(Essay, Precis and Comprehension)

For Specialists:

200 Marks – Six Sections – English, Maths, Reasoning, General awareness, Specialist Subject and Descriptive Test(Essay, Precis and Comprehension)

Check out Best Books for Best Books for Oriental Insurance AO Recruitment 2015.:(These books are good for most of the exams conducted by IBPS)

A) English Language:

1) General English by Lucent Publications: The best book for the preparation of English section. All topics are explained in English and Hindi section.

B) General Intelligence and Reasoning:

1) Analytical Reasoning by MK Pandey (BSC Publication): Great book available in the market to prepare high level reasoning. All topics are explained systematically.

C) Quantitative Aptitude:

1) Fast Track Objective Arithmetic by Arihant: My personal favourite in Maths that covers all basics and shortcuts in a relative intuitive manner. Hundreds of questions are also given at the end of each chapter for lots of practice.

If book is not available on Flipkart, buy it on Amazon:

D) General Awareness, Marketing & Computers:

1) Handbook on Computer Awareness: This Book is really useful for Recruitment Exams such as SBI PO, IBPS PO/RRB/Clerk, SSC, LIC AAO, Railways and entrance exams of MCA, MBA, BBA and similar courses.

If this book is not available, buy this book:

2) Guide to Banking General Awareness and Banking Aptitude Test: Great book for banking awareness section. It contains more than 1,000 questions for the preparation of Banking awareness section.

3) Marketing Aptitude / Computer Aptitude / General & Banking Awareness for RBI Exams: A Must have book that covers marketing aptitude, computer knowledge and banking awareness.

For general awareness or current affairs section, you need to read newspaper daily or like our Facebook page to get current affairs daily or follow our monthly current affairs section on this website.

E) Descriptive English:

1) Descriptive General English by SP Bakshi: This amazing book covers many letters, essays, precis, reports, etc. in a very detailed manner. This is THE MUST BUY BOOK for descriptive portion.

F) Professional Knowledge:

1) Finance & Accounts:

2) Specialist Officer – LAW Officer Online Exam Practice Work Book by Kiran Prakashan: Complete book for Law Officer preparation.

All the best.

17 Feb

Oriental Insurance Company Ltd(OICL) AO 2015 Recruitment(246 Posts)

Oriental Insurance Company Limited(OICL) invites applications for the post of Administrative Officer Scale – I in the various disciplines as given below-

-Accounts
-Actuaries
-Generalist
-Legal
-Marketing

Total Vacancies – 246

-SC – 40
-ST – 21
-OBC – 60
-UR – 125
-PWD – 19

Important Dates:

Start of online registration: Feb 27, 2015
Last Date to apply: March 20, 2015
Date of Written test – May, 2015

See Also: Best Books for Oriental Insurance AO Recruitment 2015

More Details are given below in the advertisement.

Oriental Insurance Company OICL AO

Apply Online at Oriental Insurance Co. Ltd. Website from February 27, 2015.

18 Jan

New India Insurance(NIACL) Assistant 2014-2015 Cutoff, Analysis & Result

New India Assurance Co. Ltd.(NIACL) conducted the online written test for the selection of Assistants on January 17 & 18, 2015. The exam was conducted online – objective test and thousands of candidates from over India has appeared in the examination.

New India Assistant 2014-2015 Cutoff and Analysis:

– Quantitative was easy to moderate in difficulty level. Topics include one DI, simplifications, average,partnership, age, etc.
– Reasoning was easy in difficulty level. Topics include seating arrangement, puzzles,coding, decoding, etc. just like IBPS PO, Clerk.
– General awareness was easy to moderate in difficulty level.
– English was easy in difficulty level. Someone with English background can attempt 30+ easily.
– Computer section was very easy. Someone with computer background can attempt more than 35.

Some of the GK questions:
Gandhi setu connects which places in India? – Patna and Hajipur
Who is the Union minister for heavy industries – Anant Geete
Ankita raina belongs to which sport? – Tennis
PIO full form – Person of indian origin
Mission indradhanush covers how many diseases ? – 7
Next NATO summit place will be held at ? – Warsaw
who won Abu Dabhi tennis championship? – Andy Murray
Patrick Modiano got novel in which field ? – Literature
Population of female a/c in census ? – 586.46 million
Vienna is the capital of which country? – Austria
International Labour Org. headquarter is at? – Geneva
Minimum capital required for white label ATMs’? – 100 Crore
NITI ayog chairman is? – Narendra Modi
Commodity market regulator – FMC
DICGC is owned by – RBI
Vanbandhu kalyan yojna is for – Tribal peoples
Third Sunday of January is celebrated in memory of – Martin Luther King Jr.
Why RBI increase interest rates? – To increase liquidity

The cut off is expected to be more than 130-135 marks.

New India Assistant 2014-15 Result:

As the written exam was conducted online by IBPS, the result would be announced within a week or two. New India also announced AO 2015 result in one week itself. The qualified candidates would be called for interview and final selection is based on marks of online test and interview.

13 Jan

New India Insurance AO 2014-2015 Cutoff, Analysis & Result

New India Assurance Co. Ltd.(NIACL) conducted the online written test for the selection of Administrative Officer on January 11 & 12, 2015. The exam was conducted online – objective test and thousands of candidates from over India has appeared in the examination.

New India AO 2014 Cutoff and Analysis:

– Quantitative was moderate in difficulty level but time consuming and lengthy.Topics include DI, simplifications, average,partnership, age, etc.
– Reasoning was easy to moderate in difficulty level.Topics include seating arrangement, puzzles,coding, decoding, etc. just like IBPS PO, Clerk.
– General awareness was moderate in difficulty level.
– English was easy to moderate in difficulty level. Questions were tricky and passage was lengthy.

Some of the GK questions:
1.Energy day
2.Greece currency
3.Private sector bank min initial capital to invest.
4 Niacl max share held by
5. Cambodia capital
6.Biography on narendra modi author
7. Nre account
8.NAV
9.Hornbill festival celebrated by which state
10.a que on PMJDY
11.Governance day
12.IT minister
13.Sansad gram yojana

The cut off is expected to be more than 125-130 marks.

Job Bond IN UIIC, GIC, NICL, New India, Oriental:

In case any candidate is still unaware – in all four general insurance companies and GIC – you need to sign a bond for four years, otherwise damages equivalent to 1 year’s salary, will have to be paid.
+ If you resign within probation period i.e. of one year, you will have to pay additional 25,000 rupees as damages. But you can transfer this bond easily without paying any amount if you shift to any other government company.

New India AO 2014-15 Result:

As the written exam was conducted online, the result would be announced very soon. Next, candidates should start preparing for other examinations. The qualified candidates would be called for interview and final selection is based on marks of online test and interview.

Update: Check out the result of written exam of New India AO recruitment 2015.