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Western Zonal Office, Mumbai
Last Date : 18-October-2011
Recruitment of Financial Service Executives (FSE)
Applications are invited from Indian Citizens for 127 posts approx. of Financial Service Executives (FSE) in Life Insurance Corporation of India (LIC), Divisional Offices of Western on Contract basis for 3 years (renewable depending on the performance) under the jurisdiction of Zonal Office, Mumbai as per details below:
- Financial Service Executives : 127 posts, Qualification : Graduate from a recognised University. Preference will be given to the candidates having Degree / Diploma in Marketing/ Management. Good working knowledge of English and Hindi is must. Knowledge of Pwer Point/ Word / Excell will be added qualification., Age : 21-35 years. Age relaxation as per rules., Selection Procedure : Selection will be based on the performance in the Interview.
(Annexure 1)
NOTICE
LIFE INSURANCE CORPORATION OF INDIA.
WESTERN ZONAL OFFICE, MUMBAI.
Engagement of Financial Services Executives.
Applications are invited for the post of Financial Services Executive to work in various
offices of the Corporation, under the jurisdiction of Western Zonal Office, Mumbai, on a contract
basis for 3 years, as per details given below:
Name of D.O. GENERAL SC ST OBC TOTAL
Mumbai-I,Mumbai-II,
Mumbai-III & Mumbai-IV
20 0 5 10 35
Pune I 6 2 0 3 11
Pune II 3 0 1 2 6
Nashik 2 0 0 2 4
Nagpur 6 0 1 2 9
Nanded 2 0 0 1 3
Amravati 4 1 0 1 6
Aurangabad 5 0 0 0 5
Thane 9 1 0 0 10
Goa 2 0 0 1 3
Satara 2 0 0 2 4
Kolhapur 4 0 0 1 5
Ahmedabad 4 1 2 1 8
Gandhinagar 4 0 0 0 4
Bhavnagar 3 0 1 1 5
Vadodara 2 0 1 1 4
Rajkot 2 0 0 0 2
Nadiad 1 0 1 1 3
Total 81 5 12 29 127
JOB REQUIREMENT
It is primarily a Marketing job which entails touring the entire area allotted. The FSEs shall
be directly responsible for procuring New Business, providing Policy Servicing and other jobs
related to the Bank Branches and Outlets allotted to them. They shall also carry out various
instructions given to them from time to time.
2
1. Eligibility Conditions
a)
established under a statute. Preference may be given to those applicants who possess a
Bachelor Degree or Diploma in Marketing /Management. Good working knowledge of
English and also one Regional language, preferably the local language, is desirable.
Knowledge of soft skills such as Power Point / Word / Excel would be an additional
advantage.
:Qualification: The Applicant shall possess a Bachelor’s Degree of a University in Indiab) Age:
(i) The applicant shall have completed 21 years of age but not more than 35 years of
age as on
01.09.2011.(ii) The upper age limit as on
below ) shall not exceed the age mentioned below:-
01.09.2011 (of an applicant belonging to a group givenSr.
No.
Category Age limit in years
(1) (2) (3)
(1) Member of a Scheduled Caste or a
Scheduled
Tribe.
40
(2) Member of OBCs (other than those in
creamy layer).
38
(3) Ex-servicemen 35, increased by the number of years of service in
the armed forces subject to maximum age of 45
years where he is a member of OBC and 47 years
where he is a member of SC or ST and Maximum
of 42 years in Other than SC,ST,OBC cases.
2. SELECTION PROCEDURE
Selection will be made on the basis of a written test if necessary, followed by an Interview of
candidates who qualify in the written test. The Written Test will be Objective Type covering Test of
Reasoning, Numerical Ability and General Knowledge. The date and venue of the written test, if
conducted, will be communicated to the eligible candidates individually.
3. POSTING:
The selected candidates may be posted anywhere during the period of engagement based on
business requirements.
3
4. TRAINING:
The selected candidates will have to undergo Theoretical Training, pass an examination
conducted by the IRDA and obtain a license to procure Life Insurance Business. After procuring the
license, the candidate if found suitable for selection in accordance with the scheme, may be engaged
as a
Corporation.
Financial Services Executive on Contract basis , subject to the conditions framed by the5.
be based on the yearly performance.
A Financial Services Executive will be paid a fixed amount every month and the incentives will6.
candidate to be appointed as a Permanent Employee in the Corporation.
It is clarified that selection as a Financial Services Executive does not confer any right on the7. TEST / INTERVIEW
Candidates successful in the written test (if conducted) or eligible candidates will be called
for an interview. The Corporation reserves the right to restrict the number of candidates to be called
for the written test and/or interview commensurate with the number of Financial Services Executives
to be engaged. The decision of the Corporation will be final and no correspondence will be
entertained in this regard. Selected candidates will be engaged as Financial Services Executives
subject to their being found medically fit by the Medical Examiner authorized by the LIC for the
purpose.
:Note:
1. The choice of the examination center will be taken as the Divisional Office to which the
candidate has applied.
2. No change in the choice of examination centre will be entertained under any circumstances.
The Corporation reserves the right to add or delete any Centre or alter the examination date
8. HOW TO APPLY:
Candidates satisfying the conditions of eligibility as on
applications to the concerned Divisional Office of LIC of India , in the format given below which
shall either be hand-written in bold capital letters or typewritten on foolscap size paper only. The
Application should be properly signed and submitted with the following requirements:
4
1. Demand Draft of Rs 100/- towards application fees drawn in favour of LIC of India payable
at the Divisional Head Quarter of the office where the application is submitted.
2. Attested Photocopy of Caste Certificate in respect of SC/ST candidates.
3. Attested Photocopy of Qualification Certificate and Age Proof.
4. Attested Photocopy of Discharge Certificate in respect of Ex-servicemen.
Candidates are advised to carry along with them the original and a set of attested photocopies of
the certificates listed at item numbers 2,3 & 4 above, for verification at the time of the interview, if
they qualify in the written test.
01.09.2011, shall submit their9. APPLICATION FEE (Non-Refundable):
For all candidates (other than SC/ST category) the application fee is Rs 100/-. The Application
Fee shall be paid by Demand Draft only (valid for six months), favouring “Life Insurance
Corporation of India” and payable at the Divisional headquarters . Candidate’s name and date of
birth should be written on the reverse of the Demand Draft.
10.
requirements will be 12/10/2011. The Application Forms completed in all respects together with
the enclosures should be sent to the respective Divisional Offices in a closed cover marked
“Engagement of Financial Services Executives, as per the details in Annexure – II.:
Last date for receipt of Application Forms together with the Demand Drafts and other11. GENERAL INSTRUCTIONS:
a) Before applying, Candidates should ascertain that they satisfy all the eligibility conditions as
stipulated in the notification. Candidates who do not satisfy the eligibility conditions are liable to
be disqualified at any stage of selection.
b) Corporation takes no responsibility for any delay in receiving the Application Forms or loss of
the form in postal transit.
c) Application Forms not in accordance with the prescribed Format or incomplete/unsigned forms
received without the Demand Draft for Application fee wherever applicable or Caste Certificate
in case of SC/ST applicants, shall not be considered and are liable to be rejected.
5
d) Application fee once paid will not be refunded under any circumstances nor will it be held in
reserve for future recruitment. The eligible candidates will be intimated separately about the
exact date & venue of the examination.
e) Decision of the Corporation in all matters regarding eligibility, conduct of examinations and
other tests, interviews, selection as FSE and allotment would be final and binding on all
candidates. No representation or correspondence will be entertained by the Corporation in this
regard.
f) In case more than one application is received from an applicant for the same Division and/or
different Divisions and/or different Zones then, the first application received from the applicant
as per entry made in the register maintained by the Corporation shall be treated as his only
application and all the other applications shall be treated as invalid. In case of any doubt or
dispute, the decision of the Zonal Manager shall be final and binding on the applicant.
g) CANVASSING IN ANY FORM WILL BE A DISQUALIFICATION.
Date: 28/09/2011 ZONAL MANAGER
6
ENGAGEMENT OF FINANCIAL SERVICES EXECUTIVES
(FORMAT OF APPLICATION FORM)
(DO NOT attach any certificate in Original.)
The Sr. Divisional Manager,
LIC of India,
_ _ _.
1
(Please Mention the Name of the Division.)
. CHOICE OF EXAMINATION CENTER [If exam is held]: ___________________2. Name in Full (In English: Capital letters, Surname First)
3. Mailing Address (Do NOT repeat your name here)
Pin-Code
Telephone No. with STD Code: ________________ E Mail ID:
_______________________________
Mobile No: ________________________.
4. Category (Indicate by making a cross-mark (
SC ST OBC OTHERS
5. Whether Ex-Serviceman. (Make a cross-mark (
details.)
Yes No
6. Date of Birth: _____________
6(A) Age in completed years as on 01/09/2011 __________Years .
) in the appropriate box.) ) in the appropriate box. If “Yes”, giveAffix your Self
Attested recent,
recognizable,
Passport size
photograph here.
7
7. Particulars of Application fee:
D.D No.__________Date ______ Drawn on _______________Rs. ____________
payable at ___________.
8. Educational Qualifications:
Examination Passed Name of the
Institution/
University
Year of
passing
Class
Bachelor’s Degree
Masters Degree/Post Graduate
Diploma In Marketing
Others(Specify, including Computer
Training)
9. Sales Experience:
From To the Institution
_______ _______ _________________
_______ _______ _________________
Period Name and place of10. If related to any Agent/employee/Officer/Medical Examiner etc. of the LIC of India,
Please state
a) His/Her Name______________________ b) Designation______________
c) Place of posting/working ____________ d) Exact Relationship__________
:11. Mother Tongue_______________ Other languages known___________________
12. Enclosures to the application (to be ticked) :
I am enclosing attested photo copies of the following documents along with the Application Form and
the Demand Draft:
a) SSC/HSC/Municipal Birth Certificate showing the Date of Birth;
b) Bachelor’s Degree Certificate;
c) Caste Certificate issued by the Competent Authority in case of SC/ST/OBC Candidates
d) Discharge Certificate in case of Ex- Servicemen.
8
I hereby confirm that I have made only one application for engagement as a Financial
Services Executive with the Corporation and if in case, at any time during the process of
engagement it is found out that I have submitted multiple
applications, then my engagement is liable to be terminated without assigning any reasons
there for.
I hereby declare that all statements made in this application are true and correct to the best of
my knowledge and belief. I understand that in the event of any information being found false or
incorrect or not satisfying the prescribed eligibility criteria for the post applied for, my candidature is
liable to be cancelled/rejected at any stage of selection or anytime during the tenure of my
engagement with the Corporation. I also accept the condition that the decisions of the Corporation in
all matters will be final and binding on me.
(Signature of the Applicant)
Place:
Date:
9
ANNEXURE – II.
Name of
Division
Address Districts under
the division
Mobile
Nos.
MUMBAI - I DIVISIONAL OFFICE,
EAST WING, YOGAKSHEMA
JEEVAN BIMA MARG,
MUMBAI – 400 021.
MUMBAI 9892492266
8108503809
MUMBAI – II DIVISIONAL OFFICE,
PLOT NO. 112,
SION KOLIWADA ROAD,
SION (EAST)
MUMBAI – 400 022
MUMBAI 9867341413
9892089938
9422945693
MUMBAI - III DIVISIONAL OFFICE,
NEW INDIA BHAVAN, 1
S. V. ROAD,
SANTACRUZ – WEST
MUMBAI – 400054
MUMBAI 9833656161
9665443681
9890950767
9892327792
MUMBAI – IV DIVISIONAL OFFICE,
EAST WING, YOGAKSHEMA
JEEVAN BIMA MARG,
MUMBAI – 400 021.
MUMBAI 9821240202
9967539567
PUNE – I DIVISIONAL OFFICE ,
JEEVAN PRAKASH,
P. O. BOX NO. 935,
SHIVAJI NAGAR,
PUNE – 411 005.
PUNE &
AHMEDNAGAR
9822232489
9822463987
9404256299
9423527037
10
PUNE – II DIVISIONAL OFFICE ,
S.N.688A+B2,
MAHAVEER PARK BLDG.,
4TH FLOOR,
PUNE SATARA ROAD
OPP. WALVEKAR LAWNS,
PUNE – 411 037
PUNE &
SOLAPUR
9224375159
9860504327
9890857822
7709519647
9890638668
NASHIK DIVISIONAL OFFICE,
JEEVAN PRAKASH,
P.B.NO.. : 110,
R.G. GADKARI CHOWK,
GOLF CLUB GROUND,
OLD AGRA ROAD,
NASHIK – 422 002.
NASHIK,
JALGAON &
DHULE
9892324746
9422257954
8928531039
NAGPUR DIVISIONAL OFFICE,
NATAIONAL INS. BLDG.,
SARDAR VALLABHBHAI
PATEL MARG,
P.B.NO. : 63,
NAGPUR – 440 001.
NAGPUR,
CHANDRAPUR,
BHANDARA,
WARDHA &
GADCHIROLI
9766248711
9722334176
9422949038
11
NANDED DIVISIONAL OFFICE,
“JEEVAN PRAKASH”,
HINGOLI ROAD,
P.O.BOX NO. : 23,
NANDED – 431 605.
NANDED,
PARBHANI,
JALNA,
HINGOLI
9422949688
AMRAVATI DIVISIONAL OFFICE,
“JEEVAN PRAKASH”
SHRIKRISHNA PETH,
NR. DAFRIN HOSPITAL,
AMRAVATI – 444 601
AMRAVATI,
AKOLA,
BULDHANA &
YAVATMAL
9422952777
9420588397
9822483624
AURANGABAD DIVISIONAL OFFICE,
“JEEVAN PRAKASH”,
ADALAT ROAD,
AURANGABAD – 431 001.
AURANGABAD,
OSMANABAD,
BEED & LATUR
9423105405
9422208435
THANE DIVISIONAL OFFICE,
“JEEVAN CHITAMANI”,
V.N. MAHAMARG,
EASTERN EXPRESS HIGHWAY,
P.B.NO. : 464,
THANE – 400 604.
THANE &
RAIGAD
9987188158
9930879798
9892326842
GOA DIVISIONAL OFFICE,
JEEVAN VISHWAS, PLOT NO : 2,
EDC COMPLEX, PATTO,
PANJIM, GOA – 403 001.
NORTH GOA
SOUTH GOA
9673571010
12
SATARA DIVISIONAL OFFICE,
JEEVAN TARA,
GANPATDAS DEVI PATH,
513, SADAR BAZAR,
SATARA – 415 001
SATARA &
SANGLI
9421673659
9850734572
KOLHAPUR DIVISIONAL OFFICE,
CENTRE POINT COMPLEX,
511 K/1AE WARD,
STATION ROAD,
KOLHAPUR – 416 001.
KOLHAPUR,
RATNAGIRI &
SINDHUDURG
9422438938
AHMEDABAD DIVISIONAL OFFICE,
JEEVAN PRAKASH,
6TH & 7
TILAK MARG,
AHMEDABAD-380 001.
AHMEDABAD 9427028588
9825325233
GANDHINAGAR DIVISIONAL OFFICE,
“JEEVAN PRAKASH” BLDG.,
NEAR BSNL OFFICE,,
SECTOR – 11,
GANDHINAGAR – 382 017.
(GUJARAT)
GANDHINAGAR,
MEHSANA,
SABARKANTHA
&
BANASKANTHA
9687617057
9824091485
BHAVNAGAR DIVISIONAL OFFICE,
“JEEVAN PRAKASH”
NILAMBAUG CIRCLE,
BHAVNAGAR – 364 001.
BHAVNAGAR,
SURANDRANAGAR
&
AMRELI
9429094650
13
VADODARA DIVISIONAL OFFICE,
“SURAJ PLAZA – II”
2
SAYAJI GUNJ,
VADODARA(GUJARAT) – 390 005.
VADODARA &
BHARUCH
9825647255
RAJKOT DIVISIONAL OFFICE,
JEEVAN PRAKASH,
P. O. BOX NO. 208,
TAGORE MARG,
RAJKOT – 360 001.
RAJKOT,
KACHCHH,
JAMNAGAR,
JUNAGADH
9427505934
NADIAD DIVISIONAL OFFICE,
“JEEVAN PRAKASH” BLDG,
PIJ ROAD, NADIAD
DIST. KHEDA,
GUJARAT – 387 001.
KHEDA, ANAND,
PANCHMAHAL &
DAHOD
ST FLOOR,TH FLOOR,ND , 6TH , 7TH FLOOR,Applicaiton Fee : A crosed Demand Draft of Rs. 100/- drawn in favour of "LIC of India" payable at Divisional Head Quarters. SC/ST/PH candidates are not required to pay any fee. Name of candidates and date of birth should be written on the back of the DD.
How to Apply : Application Form completed in all respects with enclosures should be posted in a closed cover with a superscription on the cover “Engagement of Financial Services Executives, _________ Division, to the concerned Divisional office address on or before 12/10/2011 :
The Sr. Divisional Manager, LIC of India, Divisional Office________
Please view http://www.licindia.in/pages/WZ_FSE_Notification_2011_12.pdf for details and application form.
SELECTION PROCEDURE
Selection will be made on the basis of a written test if necessary, followed by an Interview of candidates who qualify in the written test. The Written Test will be Objective Type covering Test of Reasoning, Numerical Ability and General Knowledge. The date and venue of the written test, if conducted, will be communicated to the eligible candidates individually.
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