On-line registration including Edit/Modification of Application by candidates and Payment of Application Fees (only Online): 21.01.2023 to 10.02.2023
Date of Online Preliminary Exam. :12th March 2023 (tentative).
Date of Online Main Exam.:8th April 2023 (tentative).
Age (As of 01.01.2023): The applicant shall have completed 21 years of age (in completed years) and not more than 30 years of age (in completed years) as of 01.01.2023, i.e. candidates must have been born not earlier than
02.01.1993 and no later than 01.01.2002 (both days inclusive) as of 01.01.2023.
Relaxation of Upper age limit: SC/ ST – 5 years, OBC – 3 years.Persons With Disabilities – 10 years, Others as per rules.
Educational Qualifications (As of 01.01.2023): An applicant from the Others category (Open Market ) for recruitment as an Apprentice Development Officer, in both Urban and Rural areas, should possess a Bachelor’s Degree from a recognized University in India established under a statute/ approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
O Eligibility Conditions :
The candidates eligible for recruitment are classified into three categories, namely, LIC Agents Category, LIC Employees Category, and Others Category (Open Market).
LICAgents Category’means-
- An individual appointed or engaged by LIC Of India for the purpose of soliciting or procuring insurance business including business relating to the continuance, renewal, or revival of policies of insurance pertaining to LIC Of India; OR
- An individual who has been appointed as an agent under the Life Insurance Corporation of India (Agents) Regulations, 2017.
LIC Employee Category means a confirmed whole-time salaried employee of LICOf India belonging to Class Illcadre.
‘Other’s Category’means the candidate from the open market.
Experience:
The applicant should have the requisite experience as of 01.01.2023 as indicated below:-
Category of Applicant | For Recruitment in Urban Area | For Recruitment in Rural Area |
iii) Others Category (Open Market) | Preference would be given to candidates who have at least 2 years of experience in the life insurance industry or in the marketing of financial products. |
Application Fees/ Intimation Charges (21.01.2023 to 10.02.2023): Bank Transaction charges for Online Payment of application fees/intimation charges will have to be borne by the candidate. The candidate will have to make the payment of Application Fees/Intimation Charges (Non-refundable) including GST, only through Online mode as under:
For SC/ST Candidates | Intimation Charges of Rs.100/- (inclusive of GST) plus the Transaction Charges |
Other than SC/ST Candidates | Application Fees-cum-Intimation Charges of Rs. 750/- (inclusive of GST) plus the Transaction Charges |
Selection Procedure:
Selection will be made on the basis of online tests, followed by an interview of the candidates who qualify in the on-line test and subsequent pre-recruitment Medical examination.
Phase-I: Preliminary Examination:
A preliminary Examination consisting of an objective test will be conducted online. The test will have three sections (with separate timings for each section) as follows:
Section | Name of test | Number of Questions | Maximum Marks | Medium of exam | Duration |
1 | Reasoning Ability | 35 | 35 | English & Hindi | 20 minutes |
2 | Numerical Ability | 35 | 35 | English & Hindi | 20 minutes |
3 | English Language | 30 | 30** | English | 20 minutes |
TOTAL | 100 | 70 | 1hour |
•• English Language test will be of qualifying nature and the marks in the English Language will not be counted for ranking.
Phase-II: Main Examination:
The Main Examination consisting of objective tests will be conducted online. The main examination will consist of objective tests for 160 marks for a composite duration of 120 minutes.
- UC reserves the right to modify the structure of the examination which will be intimated through its website. Other detailed information regarding the examination will be given in an Information Handout which will be made available for the candidates to download along with the call letters from the UC website www.licindia.in under “Careers”.
Phase-Ill: Interview :
The marks obtained in the main examination only will be considered for shortlisting for the interview. The marks obtained in the main examination and the marks obtained in the interview will be considered for the final merit listing of the candidates.
Commensurate to the number of vacancies, LIC of India reserves the right to fix the eligibility standards and the minimum marks to qualify for the interview, in order to restrict the number of candidates to be called for the interview. The maximum marks for the interview are 40.
Pre-Recruitment Medical Examination:
The selected candidate will be appointed as an Apprentice Development Officer subject to him/her being found medically fit by the Medical Examiner authorized by LIC of India for the purpose.
GUARANTEE BOND:
Before joining as an Apprentice Development Officer, the candidate will be required to give the undertaking to serve LIC Of India for a minimum period of four years from the date of joining (including the apprenticeship period) failing which he/she or
his/her heirs, executors, and administrators will be liable to pay liquidated damages of 3,00,000/- (Rupees Three lakh only) to LIC Of India. The candidate will have to submit an Indemnity Bond of 3,00,000/- (Rupees Three lakh only) duly stamped and executed by a Surety of sound financial standing and not related to the candidate. The stamp value of the Bondwillbeas
applicable to the State in which the bond is executed.
* Candidates are advised in their own interest to apply online before the closing date and not to wait till the last date for depositing the fee/ intimation charges to avoid the possibility of disconnection/inability/failure to log on to the LIC website on account of heavy load on interest /website jam. LIC does not assume any
responsibility for candidates not being able to submit their applications within the last date on account of the aforesaid reasons or for any other reason beyond the control of the LIC.
- Any information submitted by an applicant in his/her application shall be binding on the candidates
personally and he/she shall be liable for prosecution/civil consequences in case the information/details
* furnished by him/her are found to be false at a later stage.
*Formore details please go through the original notification