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.