LIC-Direct Sales Executives (DSE) Northern Zonal Offices Recruitment 2010May 10th, 2010 Posted by VFreshers
Life Insurance Corporation of India (LIC)
Applications are invited for Engagement of Direct Sales Executives on contract basis for 3 years .
Designation : Direct Sales Executives
No of Posts : 2418 posts in various 17 Divisions
- Bachelor’s Degree of a University in India. 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 Limit :
The applicant shall have completed 21 years of age and not more than 35 years of age as on
01.05.2010 (cut-off date).
Direct Sales Executives, on engagement will be paid monthly remuneration, which will be entirely performance based. An amount of Rs. 25,000/- per month will be payable on achieving the business parameters, as prescribed in the Scheme. However, the same can be higher or lower, depending upon the business performance. There is no upper limit to earn the remuneration based on performance.
Process of Selection :
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
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.
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 one-time stipend of Rs. 5,000/- as per the rules of the
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
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.
Submission of Application :
Candidates satisfying the conditions of eligibility as on the cut-off date shall submit their application to the
concerned Divisional Office in the format given below which shall be either hand-written 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 Ex-servicemen.
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.APPLICATION FEES (NON-REFUNDABLE):
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 India”
and payable at (….Divisional Headquarters……) **
Candidate’s name and date of birth should be written on the reverse of the Demand Draft.
Last date for receipt of application form together with Demand Draft towards application fees (if
applicable) will be 24.05.2010. 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, _________ Division”
For Full Details Click : http://www.licindia.in/pages/Notification_Northern_Zone.pdf