LIC of India- Apply 17th Aug'2009

Designation: Engagement of Financial Service Executives.

Job Description:

Approximately 100 Financial Services Executives are proposed to be engaged by various Offices of the Corporation on Contract basis for 3 years under the jurisdiction of Zonal Office, Chennai as per details below:

1 CHENNAI I, 2 CHENNAI II, 3 COIMBATORE, 4 MADURAI, 5 SALEM, 6 THANJAVUR , 7 TIRUNELVELI , 8 VELLORE, 9 ERNAKULAM , 10 KOTTAYAM, 11 KOZHIKODE, 12 TRIVANDRUM

Qualification: Applicant shall possess the Bachelor’s Degree of a University in India established under a statute. Preference may be given to those applicants who possess 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

Age as on 15 July 2009: 21-35 years

Application Fee: For all candidates (other than SC/ST category): 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 Headquarter (where the candidate wishes to apply & send his application)….. Candidate’s name and date of birth should be written on the reverse of the Demand Draft.

Company Profile:

Every day we wake up to the fact that more than 220 million lives are part of our family called LIC.We are humbled by the magnitude of the responsibility we carry and realise that the lives that are associated with us are very valuable indeed. Although this journey started five decades ago, we are still conscious of the fact that, while insurance may be a business for us, being part of millions of lives every day for the past 52 years has been a process called TRUST.

The story of insurance is probably as old as the story of mankind. The same instinct that prompts modern businessmen today to secure themselves against loss and disaster existed in primitive men also. They too sought to avert the evil consequences of fire and flood and loss of life and were willing to make some sort of sacrifice in order to achieve security. Though the concept of insurance is largely a development of the recent past, particularly after the industrial era – past few centuries – yet its beginnings date back almost 6000 years.

Life Insurance in its modern form came to India from England in the year 1818. Oriental Life Insurance Company started by Europeans in Calcutta was the first life insurance company on Indian Soil. All the insurance companies established during that period were brought up with the purpose of looking after the needs of European community and Indian natives were not being insured by these companies. However, later with the efforts of eminent people like Babu Muttylal Seal, the foreign life insurance companies started insuring Indian lives. But Indian lives were being treated as sub-standard lives and heavy extra premiums were being charged on them. Bombay Mutual Life Assurance Society heralded the birth of first Indian life insurance company in the year 1870, and covered Indian lives at normal rates. Starting as Indian enterprise with highly patriotic motives, insurance companies came into existence to carry the message of insurance and social security through insurance to various sectors of society. Bharat Insurance Company (1896) was also one of such companies inspired by nationalism.

Desired Profile:

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, (Name of Division) Division, The Sr. Divisional Manager LIC of India, Divisional Office (Write address of any one of the Divisional Offices )and should reach on or before 17th August, 2009.

Location : Chennai

Education: BE/ B.Tech/ Diploma

Details & Application Format