Engagement of Direct Sales Executives
LAST DATE 02/12/2010
FEES - 100 DD
AnnexureI
NOTICE
LIFE INSURANCE CORPORATION OF
Engagement of Direct Sales Executives
Approximately 734 Direct Sales Executives are proposed to be engaged by various
Offices of the Corporation purely on Contract basis for 3 years under the jurisdiction of Western
Zonal Office. The number of engagements may be changed during the selection process
depending on the requirements of the office.
Name Of Division NameOf Direct Mktg unit General S.C. S.T. O.B.C. Total
Current Backlog Current Backlog Current Backlog
Gandhinagar Gandhinagar 67 1 0 13 8 33 0 122
Goa
Nadiad Nadiad 60 0 4 0 17 0 36 117
Nashik Nashik 68 0 11 0 12 0 39 130
Vadodara Vadodara 64 0 10 0 17 0 34 125
Total 400 3 32 14 90 36 159 734
1. JOB REQUIREMENT:
It is primarily a Marketing job. The DSEs shall be directly responsible for Procuring New
Business, Providing Policy Servicing and related jobs from the areas allotted to them. They shall
also carry out any other instructions given to them from time to time. For this purpose considerable
movements including tours covering entire area allotted to them are involved.
2. ELIGIBILITY CONDITIONS:
a) Qualification:
Applicant shall possess the Bachelor’s Degree of a University in
under a statute. Preference may be given to those applicants who possess the Bachelor
Degree or Diploma in Marketing /Management. Good working knowledge of English and
also one Regional language preferably local language is desirable. Knowledge of soft skills
such as Power Point / Word / Excel would be additional advantage.
b) Age: (i) The applicant shall have completed 21 years of age and not more than 35 years of
age as on 01.11.2010 (cutoff
date).
(ii) The upper age limit as on 01.11.2010 of an applicant belonging to a group given
below shall not exceed the age mentioned in corresponding column no. (3):Sr.
No.
Category Age limit in years
(1) (2) (3)
2
(
1) Member of a Scheduled
Caste or a Scheduled Tribe
40
(2) Member of OBCs (other
than those in creamy layer).
38
(3) Exserviceman
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 OBCs and 47 years
where he is a member of SC or ST and Maximum of
42 years in Other than SC,ST,OBC Cases.
c) The spouse of employees and agents of LIC of India shall not be eligible for
engagement.
d) Agents of LIC of India holding valid license issued by the IRDA are not eligible for
engagement.
e) Agents having valid IRDA license and working with other insurers need to submit ‘NOC’
from their insurer.
f) The applicant should have minimum 2 years’ prior marketing experience as on cutoff
date. The marketing experience need not be necessarily in the field of insurance.
3. REMUNERATION
Direct Sales Executives, on engagement will be paid monthly remuneration, which will be
entirely performance based. The quantum is dependent on DSE’s achievement of specific
business benchmarks and performance of assigned tasks to the satisfaction of Corporation.
4. SELECTION PROCEDURE
a) 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. Written Test will be of Objective Type covering
Sales aptitude, Test of Reasoning, Numerical Ability and General Knowledge. The date and
venue of the written test, if to be conducted, will be communicated to the eligible candidates
individually and also posted on the website. Candidates are advised to check the site for this
purpose.
b) 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 written test and/or interview commensurate with number of Direct
Sales Executives to be engaged and the decision of the Corporation in this regard shall be
final. No correspondence will be entertained in this regard.
c) The selected candidates subject to their being found medically fit by the Medical Examiner
authorized by LIC for the purpose will have to undergo Theoretical training and pass IRDA
licensing test for obtaining a license to procure Life Insurance Business within a maximum
period of three months in maximum three attempts, following which he may be engaged as an
apprentice Direct Sales Executive.
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d)
As an apprenticeship DSE, the candidate shall have to undergo insurance related training and
pass a test on the same. The apprentice DSE shall be paid a fixed onetime
stipend of Rs.
5,000/as
per the rules of the Scheme.
e) On successful completion of the apprenticeship and passing the test, the candidate shall be
engaged as a Direct Sales Executive purely on contract basis subject to conditions framed by
the Corporation.
f) The selected candidate will be allotted specific area of operation during the period of
engagement based on Business requirements.
g) It is clarified that selection as a Direct Sales Executive does not confer any right on the
candidate to be appointed as an employee in the Corporation.
5. HOW TO APPLY
Candidates satisfying the conditions of eligibility as on the cutoff
date shall submit their
application to the concerned Divisional Office in the format given below which shall be either
handwritten
in bold capitals or typewritten on foolscap size paper only. The application should
be properly signed. The following shall accompany the Application:
1. Demand Draft towards Application Fees (applicable for all candidates other than SC/ST
category).
2. Attested Photocopy of Caste Certificate in respect of SC/ST/OBC candidates.
3. Attested Photocopy of Qualification Certificate and Age Proof.
4. Attested Photocopy of Discharge Certificate in respect of Exservicemen.
5. Evidence of Marketing Experience
The candidates are advised to keep ready with them the originals and a set of attested
photocopies of each of the certificates listed at item numbers 2, 3, 4 and 5 above for verification
at the time of Interview if they qualify for the same.
6. APPLICATION FEES (NONREFUNDABLE):
For all candidates (other than SC/ST category): Rs.100/(
Rs. One hundred only). The
application fee shall be paid by Demand Draft only (valid for six months) favoring “Life
Insurance Corporation of
Candidate’s name and date of birth should be written on the reverse of the Demand Draft.
7. SUBMISSION OF APPLICATION FORM:
Last date for receipt of application form together with Demand Draft towards application fees
(if applicable) will be 02.12.2010. Application Form completed in all respects with enclosures
should be posted in a closed cover with a superscription on the cover “Application for
Engagement of Direct Sales Executives, respective Division” to the following address:
The Senior Divisional Manager,
LIC of
(Please see last two pages for addresses of Divisions).
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8.
GENERAL INSTRUCTIONS:
(a) Candidates should ascertain, before applying, 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 without further reference to them.
(b) Corporation takes no responsibility for any delay in receiving the Application Form or loss in
postal transit.
(c) Application Forms not in the prescribed Format or incomplete/unsigned or received without
the Demand Draft for application fee (wherever applicable) or Caste Certificate in case of
SC/ST/OBC applicants, shall not be considered and are liable to be rejected.
(d) Application fee once paid will not be refunded under any circumstances nor will it be held in
reserve for future engagement. The eligible candidates will be intimated separately about
the exact date & venue of the written test/interview.
(e) Decision of the Corporation in all matters regarding eligibility, conduct of examination, other
tests, Interview, selection 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 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: 17.11.2010.
Place: Mumbai Zonal Manager
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Sr.
Divisional Manager,
LIC of
Gandhinagar Divisional Office,
Jeevan Prakash,
Behind Telephone Exchange,
Sector 11,
Gandhinagar 382 017.
Sr. Divisional Manager,
LIC of
Jeevan Vishwas,
Plot No. 2,
EDC complex,
Patto, Panjim,
Sr. Divisional Manager,
LIC of
Nadiad Divisional Office,
Jeevan Prakash,
Nadiad 387 002.
Sr. Divisional Manager,
LIC of
Nashik Divisional Office,
Jeevan Prakash,
P.O.Box No. 410,
R.G.Gadkari Chowk,
Nashik 422 002.
Sr. Divisional Manager,
LIC of
Jeevan Prakash,
P.O.Box No. 208,
Tagore Marg,
Sr. Divisional Manager,
LIC of
Vadodara Divisional Office,
Suraj Plaza II, 4 th 6 th 7 th
floor,
Sayaji Ganj,
Vadodara 390 005.
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Annexure
II
ENGAGEMENT OF DIRECT SALES EXECUTIVES
(FORMAT OF APPLICATION)
(DO NOT attach any certificate in Original.)
The Sr. Divisional Manager,
LIC of
_ _ _ _ _ _ _ Division.
1. Name of Direct Mktg. unit applied for ……………………………….
2. Name in Full (In English: Capital letters, Surname First)
3. Mailing Address (Do NOT repeat your name here)
PinCode
Telephone No. with STD Code: ________________ E Mail i.d.: _______________________________
Mobile No: ________________________.
4. Category (Indicate by making a crossmark
(Χ) in the appropriate box.)
SC ST OBC OTHERS
5. Whether ExServiceman.
(Make a crossmark
(Χ) in the appropriate box. If “Yes”, give details.)
Yes No
6. Date of Birth: _____________ 6(A). Age in completed years as on 01.11.2010 ________Years
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)
Affix your Self
Attested
recent,
recognizable,
Passport size
photograph
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9.
Marketing Experience:
Name of the Institution Place Post held From To
10. If related to any Agent/employee/Officer/Medical Examiner/DSE of the LIC of
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:
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 ExServicemen
and
e) Experience Certificate(s)
I hereby confirm that I have made only one application for engagement as a Direct Sales 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 therefor.
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:
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