LIC DSE Recruitment
Life Insurance Corporation of India (LIC) is the largest life insurance and investment organisation in the country. It is owned by the Ministry of Finance, Government of India. The company keeps on inviting applications by releasing the official notification to recruit dynamic and young people for the posts of Direct Sales Executives for its branch offices across the country. Interested eligible Indian candidates can participate in this recruitment process for a better career. Here we are going to discuss the information related to their recruitment exams like eligibility criteria, selection and application process, exam scheme and other details.
1. Eligibility Criteria:
A. Nationality: A candidate must be an Indian Citizen.
B. Age: Ranges from 21 to 35 years.
| Sr. No. | Category | Upper Age Limit Relaxation |
|---|
| 1 | Scheduled Caste/Scheduled Tribe (SC/ST) | 40 |
| 2 | Other Backward Classes - Non-creamy layer (OBC-NCL) | 38 |
| 3 | Ex-Servicemen (SC/ST) | 47 |
| 4 | Ex-Servicemen (OBC) | 45 |
| 5 | Ex-Servicemen (Other Than SC/ST/OBC) | 42 |
C. Educational Qualification: Bachelor’s Degree in any discipline from a University recognised by the Government of India.
D. Preference will be given to candidates with:
(i) Bachelor’s Degree or Diploma in Marketing/Management
(ii) Good working knowledge of English and a regional language
(iii) Knowledge of soft skills like PowerPoint/Word/Excel
E. Note:
- Spouses of employees and agents of Life Insurance Corporation of India will not be eligible for engagement.
- Agents of Life Insurance Corporation of India who have valid IRDA licenses are not eligible for engagement.
- Agents having valid IRDA licenses and working with other insurance companies will have to submit ‘NOC’ from their insurer.
2. Selection Procedure:
There will be a single-stage written test (if required) followed by an interview.
| Test Type | Description |
|---|
| A. | Written Test | It is an objective type test consisting of Sales Aptitude Test of Reasoning, Numerical Ability and General Knowledge. If the test is to be conducted, the date and venue of the written examination will be intimated to the eligible candidates through email and will also be posted on the website. |
| B. | Interview | Qualified candidates in written tests (if conducted) or eligible candidates will be called for an interview. | |
3. Appointment and Job Details:
- Selected candidates (if found medically fit during a pre-recruitment medical examination) will have to undergo a DSE apprenticeship (theoretical training) and pass the IRDA Licensing Test to be licensed to pursue the life insurance business (within a maximum period of three months in a maximum of three attempts).
- As an apprenticeship DSE, the candidate will have to undergo insurance related training and pass a test on the same. Apprentice DSE will be paid a fixed lump sum stipend of ₹ 3500/ (Rupees three thousand five hundred only) as per the rules of the Scheme of the company.
- After successful completion of apprenticeship and obtaining a license from IRDA, the candidate will be appointed as Direct Sales Executive, on a contractual basis for 3 years, subject to the conditions prescribed by the Company. They will be allotted a specific area of operation during the period of work based on the business requirements.
- Selection of candidates as Direct Sales Executive (DSE) does not confer any right on the candidate to be appointed as an employee in the Company.
4. Application Procedure:
Candidates are required to apply online through LIC’s website: [(http://www.licindia.in/careers.htm/)]. No other medium/mode of application will be accepted.
