On-line Applications are invited from eligible candidates who must be Indian Citizens for selection and appointment as Apprentice Development Officers in the jurisdiction of the various Divisional Offices under all the zones across India.
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.19165/- 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 and other admissible allowances as per rules shall be payable. Total emoluments will be approximately Rs.22065/-. 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.
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 and other admissible allowances as per rules shall be payable. Total emoluments will be approximately Rs.22065/-. 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.
ELIGIBILITY CONDITIONS:
Qualifications:
i) For Employees category and Agents category in both Urban and Rural area-Applicant shall possess the Bachelor’s Degree of a University in India established under a statute or a foreign university approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
ii) An applicant from Others category for recruitment as an Apprentice Development Officer in both Urban and Rural area shall possess the Bachelor’s Degree of a University in India established under a statute or a foreign university approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
Preference may be given to those applicants who possess Masters Degree in Business Administration in Marketing or Post Graduate Diploma in Marketing from a University in India established under Statute or by an Institute approved by All India Council for Technical Education or a recognized Institution.
ii) An applicant from Others category for recruitment as an Apprentice Development Officer in both Urban and Rural area shall possess the Bachelor’s Degree of a University in India established under a statute or a foreign university approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
Preference may be given to those applicants who possess Masters Degree in Business Administration in Marketing or Post Graduate Diploma in Marketing from a University in India established under Statute or by an Institute approved by All India Council for Technical Education or a recognized Institution.
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