LIC issues ADO ( Apprentice Development Officers) Recruitment Notification every year. Now the notification for the year 2018 is going to release very soon. The notification may release in the month of August as per the last year's notification. Candidates who wish to get the Central Govt Jobs can check the LIC Apprentice Development Officers Recruitment Notification very soon. Interested and Eligible contenders may apply for the LIC Recruitment. Selection will be made on the basis of performance in the on-line Examination followed by a personal interview of short listed candidates and subsequent Pre-Recruitment Medical Examination.
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Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company.
| Events | Dates |
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A start date for Online Registration of Applications |
To be released very soon |
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Last date for Online Registration & Online Payment of Application Fee/Intimation Charges |
Notify Later |
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Dates of Online Examination (Tentative) |
Notify Later |
Examination Pattern:
The on-line examination will be of objective type, multiple choices of 120 minutes (2 hrs) duration comprising of
the following:
|
Test |
Name of the Test |
No. of Questions |
Marks |
Time |
|
PAPER I |
Composite Time of 120 minutes |
|||
|
I |
Reasoning Ability |
25 |
25 |
|
|
II |
Numerical Ability |
25 |
25 |
|
|
PAPER II |
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|
III |
General Knowledge and Current Affairs |
25 |
25 |
|
|
IV |
English Language With special Emphasis on Grammar and Vocabulary |
25 |
25 |
|
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PAPER III |
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|
V |
Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and Financial Sector |
50 |
50 |
|
|
TOTAL |
150 |
150 |
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Negative Marking: one fourth (1/4)
The successful candidate will be eligible to be called for an Interview. Candidates shall be ranked in the order of the aggregate of their marks in the online test and the interview and selection shall be made from among them in the order of their merit having regard to the number of Apprentice Development Officers proposed to be recruited.
Minimum Age: 21 years
Maximum Age: 30 years
Bachelor/Master’s Degree from a recognized Indian University/ Institution.
|
Category of Applicant |
For Recruitment in Urban Area |
For Recruitment in Rural Area |
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i) LIC Employees |
Not less than 3 years of service after confirmation in Class III post |
|
|
ii) LIC agents |
Not less than 5 years as an agent and has brought a net First Year Premium Income of not less than Rs. 5,00,000/- during the immediately preceding 5 agency years and a net First Year Premium Income of not less than Rs. 1,00,000/- on 50 lives in each of any 3 of these agency years. |
Not less than 4 years as an agent and has brought a net First Year Premium Income of not less than Rs. 1,00,000/- on 50 lives per year in any 3 of the immediately preceding 4 agency years. |
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iii) Other |
Preference would be given to candidates who have at least 2 years experience in life insurance industry. |
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On appointment as an ADO, 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/-. per month.
Before joining as Apprentice Development Officer, candidates will be required to give the undertaking to serve the Corporation for a minimum period of four years from the date of joining (including apprenticeship period) failing which he/she or his/her heirs, executors, administrators will be liable to pay liquidated damages of Rs. 25,000 (Rupees Twenty Five Thousand only) to the Corporation. The candidate will have to submit an Indemnity Bond of Rs. 25,000/- (Rupees Twenty Five Thousand only) duly stamped and executed by a Surety of sound financial standing and not related to the candidate. The stamp value of the Bond will be as applicable to the State in which the bond is executed.
Candidates will have to make the payment of Application Fees/Intimation Charges through the On-Line Mode as under:
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For SC/ST Candidates |
Intimation Charges of Rs.50/- plus Transaction Charges |
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Other than SC/ST Candidates |
Application Fees-cum-Intimation Charges of Rs.500/- plus Transaction Charges. |
