South Indian Bank Recruitment 2019: 545 Vacancies for Probationary Officer & Clerk

June 19, 2019
South Indian Bank Limited invites application from eligible candidates to fill up the vacancies of Probationary Officer and Probationary Clerks to be posted across India.
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LICI Recruitment 2019: 8581 Apprentice Development Officer Vacancy

Life Insurance Corporation of India to recruit Apprentice Development Officers across India in 8 zones. Starting salary approximately Rs. 38,000.

Life Insurance Corporation of India invites application from eligible candidates who must be Indian citizen for the post of Apprentice Development Officer (LIC DO) in the jurisdiction of the various Divisional Offices across India.

Vacancy Details

The Zone wise vacancy details are given below:

Sl. No.LIC Zonal OfficesNo. of Vacancies
1.Central Zonal Office525
2.Eastern Zonal Office922
3.East Central Zonal Office701
4.Northern Zonal Office1130
5.North Central Zonal Office1042
6.Southern Zonal Office1257
7.South Central Zonal Office1251
8.Western Zonal Office1753
 Total8581

Important Dates

EventsDates
Opening date of On-Line Registration of Application and On-line payment of Application Fees/Intimation Charges.20th May,2019
Last date of On-Line Registration of Application and On-line payment of Application Fees/Intimation Charges.9th June,2019
Download of Call letter for On-Line Examination29th June, 2019 onwards
Dates of Online Examination-Preliminary (tentative)6th & 13th July,2019
Dates of Online Examination-Main (tentative)10th August,2019

Eligibility Criteria

It is primarily a sales supervision job. The selected candidates will be required to sponsor suitable persons to be appointed as Life Insurance Agents, train them properly, and help the recruited agents to sell life insurance to maximum number of persons.

The candidates eligible for recruitment are classified into three streams, namely, Agents Category, Employees Category and Open Market Category.

Agent CategoryEmployee CategoryOpen Market Category
MeaningAn individual appointed or engaged by the Corporation for the purpose of soliciting or procuring insurance business including business relating to the continuance, renewal or revival of policies of insurance pertaining to the Corporation;
or
An individual who has been appointed as an agent under the Life Insurance Corporation of India (Agents) Regulations, 2017.
A confirmed whole-time salaried employee of the Corporation belonging to Class III.The candidate from the open market.
QualificationApplicant shall possess the Bachelor’s Degree of a University in India established under a statute or approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
AgeThe applicant shall have completed 21 years of age (in completed years) and not more than 30 years of age.
ExperienceFor Urban Areas:
Not less than 5 years as an agent and has brought a net First Year Premium Income of not less than ₹ 5,00,000/- during the immediately preceding 5 financial years and a net First Year Premium Income of not less than ₹ 1,00,000/- on 50 lives in each of any 3 of these financial years.
For Rural Areas:
Not less than 4 years as an agent and has brought a net First Year Premium Income of not less than ₹ 1,00,000/- on 50 lives per year in any 3 of the immediately preceding 4 financial years.
Not less than 3 years of service after confirmation in Class III postPreference would be given to candidates who have at least 2 years of experience in life insurance industry.

Selection Procedure

Selection will be made on the basis of on-line test followed by an Interview of candidates who qualify in the on-line test and subsequent pre-recruitment Medical examination.

A. On-line Test for Open Market Category

Selection of Apprentice Development Officer from Open Market Category will be done through two phase examination.

Phase-I: Preliminary Examination

Preliminary Examination consisting of objective test will be conducted online. The test will have three sections (with separate timings for each section) as follows:

SectionName of testNumber of QuestionsMaximum MarksMedium of examDuration
1Reasoning Ability3535English & Hindi20 minutes
2Numerical Ability3535English & Hindi20 minutes
3English3030English20 minutes
Total 10070  

Phase-II: Main Examination

SectionName of testNumber of QuestionsMaximum MarksMedium of examDuration
1Reasoning Ability & Numerical Ability5050English & HindiComposite 120 minutes
2General Knowledge, minutes Current Affairs and English Language with Special Emphasis on Grammar and vocabulary5050English & Hindi
3Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and Financial Sector5050English & Hindi
Total 150150  

B. On-line Test for Agents & Employee Category

Selection of Apprentice Development Officer from Agents & Employee Category will be done through single phase examination i.e. Main Examination.

For Agents Category

SectionName of testNumber of QuestionsMaximum MarksMedium of examDuration
1Reasoning Ability & Numerical Ability2510English & HindiComposite 120 minutes
2General Knowledge, minutes Current Affairs and English Language with Special Emphasis on Grammar and vocabulary2515English & Hindi
3Elements of Insurance and Marketing of Insurance.50125English & Hindi
Total 150150  

For Employee Category

SectionName of testNumber of QuestionsMaximum MarksMedium of examDuration
1Reasoning Ability & Numerical Ability2525English & HindiComposite 120 minutes
2General Knowledge, minutes Current Affairs and English Language with Special Emphasis on Grammar and vocabulary2525English & Hindi
3Practice and Principle of Insurance Marketing50100English & Hindi
Total 150150  

Marks obtained in the Main Examination only will be considered for shortlisting for interview and marks obtained in Main Examination + marks obtained in Interview will be considered for final merit listing of candidates.

Application Procedure

All the candidates have to apply online on or before 9th June 2019. At the time applying online the candidates, other than SC/ST candidates have to pay an application fee of Rs. 600. While the fees for the SC/ST candidates is Rs. 50. Per candidate.

Please note that while submitting online keep ready the scan copy of the necessary documents and photographs for uploading. (Read the detailed notification in this regard)

Application Details

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