LIC of Ondia Recruiting for the Freshers for the post of Associate , Apply before : 21 Jan 2014

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Job Description:

Eligibility: UG - Any Graduate - Any Specialization PG

Industry: IT-Software / Software Services

Position: Associate

Experience: Freshers

Location: Bhopal

Last date to apply : 21/01/2014

Salary : 20,000/- per month plus 10% of the gross salary

Total No.Of Vacancies : 126 + 19

Desired Profile:

The persons so engaged shall be posted at any of the Mini Office of the Corporation which will be offering facilities such as attending to policy servicing requests like capturing NEFT details, change of address, change of nomination, issue of Status Reports and quotations for Loan, Surrender Value as well as RFM functions. In addition, the engaged persons shall attend to all other duties as may be delegated by the Zonal Manager (Engaging Authority) from time to time. The Zonal Manager shall have the power to revise and redesign the job profile
  • Fixed Remuneration of 20,000/- per month plus 10% of the gross salary last drawn by the employee prior to retirement on attaining the age of superannuation. The employees so engaged shall be entitled to Provident Fund of 10% of their Fixed Remuneration per month which shall be deducted from the monthly salary and an equal amount shall be contributed by the Corporation towards Provident Fund. No other benefits/allowances that are payable to regular employees of the Corporation shall be payable during the tenure of engagement.

Eligibility :

  • Employees of the Corporation who have retired in the cadre of Higher Grade Assistant, Assistant Administrative Officer, Administrative Officer and Assistant Divisional Manager are eligible to be considered for engagement. Employees who have resigned, voluntarily retired or have been removed from services due to disciplinary proceedings are not eligible to be considered for engagement under the scheme
  • Age Maximum age shall not be more than 63 years.

Selection Procedure :

Selection will be made on the basis of performance in the personal interview of short listed candidates and subsequent Pre-Engagement Medical Examination.

About the Company:

Life Insurance Corporation of India (LIC) (Hindi: भारतीय जीवन बीमा निगम) is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of INR1560481.84 crore (US$240 billion). As of 2013 it had total life fund of Rs.1433103.14 crore with total value of policies sold of 367.82 lakh that year. The company was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalised the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation

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How to Apply:

Eligible candidates may apply on the application format and e-mail the application to latest by 21/1/2014.

The hard copy of the application along with the self attested photocopies of the testimonials (DOB certificate, caste certificate, medical certificate for PH, certificate of retirement) should reach the following address on or before 21/01/2014.

The Zonal Manager,
LIC of India,
Zonal Office,
“Jeevan Bhagya”
60 – B ,Saifabad,
Bhopal – 462011

Application and more details download application form

For Apply : Click here

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