LIC Recruitment 2024 Qualification, Notification PDF, Apply Online

LIC Recruitment

Unlock new career horizons with LIC Recruitment 2024! The Life Insurance Corporation of India is gearing up to welcome dedicated individuals to join its dynamic team. In this article, we delve into the exciting opportunities that LIC Recruitment 2024 offers, providing insights into the application process, eligibility criteria, and the multitude of roles available. Whether you’re a seasoned professional or a fresh graduate, explore the pathways to a fulfilling career in the insurance sector with LIC Recruitment 2024.

As the sun rises on a new year, so does the promise of fresh beginnings and exciting career prospects. For those seeking stability, growth, and a chance to make a difference, LIC Recruitment 2024 brings forth a canvas of opportunities.

LIC Recruitment 2024 drive aims to fill numerous vacancies in different roles, including Assistant Development Officer (ADO), Assistant Administrative Officer (AAO), and Assistant (Clerk). These positions open up exciting opportunities for aspiring individuals looking to establish themselves in the insurance sector.

Working at LIC not only provides job stability but also grants an opportunity to contribute to the growth and development of the insurance industry in India. As a valuable member of LIC, employees are entrusted with the responsibility of safeguarding the financial future of millions of policyholders. The company’s motto, “Yogakshemam Vahamyaham” (Your Welfare is Our Responsibility), reflects LIC’s commitment to protecting the interests of its customers.

The Life Insurance Corporation of India (LIC) announced the LIC Recruitment 2024 opportunities. Here are the details:

1. Recruitment of Apprentice Development Officer (ADO) 22-23

  • Application Period: January 21, 2024, to February 10, 2024.
  • Vacancies: 9,394 posts.
  • Preliminary Exam Date: March 12, 2024.
  • Main Exam Date: April 8, 2024

2. Recruitment of AAO (Generalist)-2024

  • Application Period: January 15, 2024, to January 31, 2024.
  • Main Exam Date: March 18, 2024.

About LIC

LIC is a renowned public sector life insurance company that has been serving the nation for decades. Being a highly respected organization, the recruitment process conducted by LIC is always eagerly anticipated. LIC has been instrumental in shaping the insurance landscape of India and has played a pivotal role in providing financial security to millions of Indians. 

With its strong presence across the country, LIC offers a wide range of insurance products that cater to the diverse needs of individuals and businesses. From life insurance to pension plans and investment options, LIC has it all. 

The LIC Recruitment 2024 drive is an excellent opportunity for individuals looking to build a promising career in the insurance sector. LIC offers a variety of job profiles, including administrative officers, development officers, clerks, and assistants, among others. The different roles offer distinct responsibilities and growth opportunities, ensuring that candidates can choose a career path that aligns with their interests and aspirations.

Eligibility Criteria-LIC Recruitment 2024

The eligibility criteria for LIC recruitment 2024 vary based on the specific job profiles and are defined by LIC. Generally, candidates must possess a minimum educational qualification, such as a bachelor’s degree and relevant work experience. 

Additionally, candidates are also required to meet age criteria and certain physical fitness standards. 

The Life Insurance Corporation of India (LIC) has specific eligibility criteria for different positions. Let’s focus on them individually:

LIC AAO (Assistant Administrative Officer)

What is LIC AAO?

The Assistant Administrative Officer (AAO) role at LIC is akin to being a conductor of a symphony. You orchestrate financial security, protect lives, and ensure prosperity for millions of policyholders. It’s not just a job; it’s a calling.

Eligibility Criteria

  • Age: Between 21 and 30 years.There are relaxations in the upper age limit for different categories (SC/ST/OBC/Ex-Servicemen/Persons with Benchmark Disabilities/Confirmed LIC employees)
  • Education: A bachelor’s degree from a recognized university.
  • Nationality: Indian citizen.

Selection Process

1. Preliminary Exam: A sprint to test your reasoning, quantitative aptitude, and language skills.

2. Main Exam: A deeper dive into insurance knowledge, financial markets, and current affairs.

3. Interview: Your chance to shine—display your passion, communication skills, and domain expertise.

LIC ADO (Apprentice Development Officer)

What is LIC ADO?

The Apprentice Development Officer (ADO) program is like planting seeds. You nurture them, watch them grow, and eventually reap the harvest. As an ADO, you’ll be the bridge between LIC and its agents.

Eligibility Criteria

  • Age: Not more than 30 years.
  • Education: Graduation in any field.

Selection Process

1. Preliminary Exam: A sprint similar to the AAO prelims.

2. Main Exam: A deeper dive into insurance concepts, marketing, and sales.

3. Interview: Showcase your interpersonal skills and passion for insurance.

LIC Assistants

What is an LIC Assistant?

LIC Assistants are the gears that keep the machinery running smoothly. From handling paperwork to assisting customers, they are the backbone of LIC’s operations.

Eligibility Criteria

-Education: Senior secondary education (10+2).

Selection Process

1. Preliminary Exam: Test your numerical ability, reasoning, and language skills.

2. Main Exam: Dive deeper into these areas.

3. Language Proficiency Test: Ensure you can communicate effectively.

Selection Process

The Life Insurance Corporation of India (LIC) conducts recruitment for various positions, and the selection process varies depending on the role. 

The LIC Recruitment 2024 is known for being rigorous and comprehensive. It typically involves a written examination followed by an interview for shortlisted candidates. The written examination assesses candidates’ knowledge in subjects such as reasoning ability, numerical ability, general knowledge, and English language. 

Those who qualify for the written examination then proceed to the interview round, where their communication skills, problem-solving abilities, and overall personality are evaluated.

Exam pattern

1. Assistant Administrative Officer (AAO

  • The AAO LIC Recruitment 2024 selection process consists of three phases:
  • Preliminary Exam: An objective-type computer-based exam.
  • Mains Exam: An objective-type computer-based exam followed by a descriptive section.
  • Interview: Candidates who qualify the mains exam proceed to the interview round.
  • The exam pattern for LIC AAO is as follows:
  • Prelims Exam
  • Sections: Reasoning, Quantitative Aptitude, English Language.
  • Total Marks: 70.
  • Duration: 60 minutes.

Mains Exam:

  • Sections: Reasoning, General Knowledge, Current Affairs, Professional Knowledge, Insurance and Financial Market Awareness.
  • Total Marks: 300.
  • Duration: 120 minutes.

Descriptive Exam (qualifying):

  • English Language (Letter Writing & Essay) or Legal drafting for AAO (Legal).
  • Candidates must pass each section separately and obtain minimum aggregate marks to qualify for the online exams and the interview

2. Apprentice Development Officer (ADO)

  • The ADO LIC Recruitment 2024 selection process involves four phases:
  • Preliminary Examination: An online written exam.
  • Mains Examination: Another online written exam.
  • Interview: Candidates who clear the main exam proceed to the interview.
  • Medical Test: After the interview, a medical examination is conducted.
  • The probation period for ADO is one year

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LIC Recruitment 2024 Application process 

To apply for a job at the Life Insurance Corporation of India (LIC), follow these steps:

1. Visit the official LIC website: [LIC Careers]

2. Click on the Recruitment of AAO (Generalist)-2024 link under the Careers tab.

3. On the new page, click on the Apply Now link.

4. Fill out the application form with your personal and academic details.

5. Pay the application fee-cum-intimation charges (₹700 + transaction charges + GST). However, SC/ST/PwBD candidates pay ₹85 + Transaction Charges + GST.

6. Submit your application.

Application Fees-LIC Recruitment 2024

The application fees for LIC recruitment 2024 vary based on the specific position and category of the candidate. Here are the details:

1. Assistant Administrative Officer (AAO):

  • For SC/ST/PwBD candidates: ₹85 (intimation charges) plus transaction charges and GST.
  • For candidates from other categories ₹700 (application fee-cum-intimation charges) plus transaction charges and GST

2. Apprentice Development Officer (ADO):

  • For general category applicants: ₹750 as the application fee.
  • For applicants from SC and ST categories: ₹100 as the application fee

Notification-LIC Recruitment 2024

The Life Insurance Corporation of India (LIC) is expected to release the LIC Assistant Notification 2024 soon. Aspirants are eagerly awaiting the official announcement. Here are the anticipated dates and other important details:

1. LIC Assistant Notification 2024 Expected Date:

  • The notification is expected to be released in the 2nd week of November 2024
  • Keep an eye out for the official announcement to know the exact date.

2. Important Dates (Tentative):

  • LIC Assistant Apply Online 2024 Start Date: To be announced soon.
  • LIC Assistant Apply Online 2024 Last Date: To be announced soon.
  • Preliminary Examination: Expected in the 3rd or 4th week of December 2024.
  • Main Examination: Expected in the 2nd or 3rd week of February 2024.
  • Language Proficiency Test: Dates to be announced.

3. Vacancy Details:

   – The official LIC Assistant notification will provide information about vacancies, exam dates, and other relevant details.

Aspiring candidates are advised to stay updated with official notifications and regularly visit the LIC website for any information related to recruitment. It is crucial to prepare well in advance, as LIC examinations are known for their difficulty level. Candidates can refer to previous years’ question papers, study materials, and online resources to enhance their preparations.

LIC Recruitment 2024 Interview Process

The Life Insurance Corporation of India (LIC)** conducts interviews as part of its recruitment process. Here’s what you need to know:

1. Eligibility and Shortlisting

  • Candidates who qualify for the preliminary and main written exams (if applicable) are shortlisted for the interview.
  • The interview is the final stage of the selection process.

2. Interview Panel

  • The interview panel typically consists of experienced LIC officials or experts.
  • They assess your suitability for the role based on various factors.

3. Interview Format

  • The interview is usually conducted face-to-face.
  • It may also be conducted via video conferencing or telephonic mode.

4. Content and Questions

  • The interview covers a wide range of topics:
  • Insurance Knowledge: Be well-versed with insurance concepts, LIC products, and industry trends.
  • General Awareness: Stay updated on current affairs, economic developments, and financial news.
  • Behavioral Questions: Expect questions related to your personality, communication skills, and problem-solving abilities.
  • Role-Specific Questions: Be prepared to discuss how your skills align with the job requirements.

5. Dress Code and Etiquette

  • Dress professionally in formal attire.
  • Maintain good posture, eye contact, and a positive demeanor.
  • Be polite and respectful throughout the interview.

6. Preparation Tips

  • Research LIC’s history, mission, and values.
  • Practice answering common interview questions.
  • Prepare examples from your past experiences to demonstrate your skills.
  • Be confident and articulate in your responses.

Salary Structures-LIC Recruitment 2024

LIC offers its employees an attractive compensation package, including a competitive salary, performance-based incentives, and numerous benefits like medical coverage, pension, and gratuity. 

The company also provides ample opportunities for career progression, ensuring the professional growth of its workforce.

1. Assistant Administrative Officer (AAO)

  •  The initial Basic Pay for LIC AAO is ₹32,795 per month.
  • Thereafter, there is an annual increment of ₹1,610 for the next 14 years.
  • At the end of 14 years, the basic pay will be ₹55,335 per month.
  • Following this, an annual increment of ₹1,745 is provided for the next 4 years.
  • At the end of 18 years of joining as AAO, the basic pay reaches ₹62,315 per month.
  • In addition to the Basic Pay, there are other allowances based on the location of posting and other parameters.
  • The minimum LIC AAO salary in hand (considering basic pay, HRA, CCA, and other allowances) is approximately ₹57,000 per month in ‘A’ Class cities

2. Apprentice Development Officer (ADO)

  • A LIC ADO at a specified headquarters in the area will be placed in the Pay Scale of ₹35,650-2200 (2)-40,050-2595 (2)-45,240-2645 (17)-90,205
  • This includes allowances and other benefits as per the rules in force 

Remember that these figures are approximate and subject to variations based on government policies and other factors. 

LIC Recruitment 2024 Agent

Becoming an LIC agent is a rewarding opportunity. 

If you have completed your 10th standard examination (secondary school) and are 18 years of age, you can apply to become an LIC agent

Here’s how you can embark on this journey:

1. Contact the Right Individuals

  • Get in touch with the nearest LIC branch in your city and contact the **Development Officer**.
  • Alternatively, you can fill out the “Want to be an LIC agent” form on the official LIC website, and the Development Officer will reach out to you.

2. Participate in an Interview

  • Clear the interview conducted by the **Branch Manager. This interview assesses your suitability for the role.

3. Complete Training

  • Even if you don’t have previous experience in selling, LIC Recruitment 2024 provides world-class training.
  • The multi-dimensional training program, conducted by qualified in-house training personnel, will make you a specialist in life insurance sales.

4. Pass the Examination

  • After training, you’ll need to pass the relevant examination to become a licensed LIC agent.

5. Obtain Licensing

  • Once you pass the examination, you’ll receive the necessary licensing to operate as an LIC agent.

6. Complete Reporting

  • As an LIC agent, you’ll be responsible for reporting your sales and maintaining accurate records.

Benefits of Becoming an LIC Agent

  • Rewarding Career: You’ll help people realize their dreams by fulfilling their financial goals.
  • Attractive Remuneration: LIC offers one of the best remuneration systems in the industry, allowing you to set your own income targets.
  • Independence: Be your own boss, choose your clients, and make your own money.
  • World-Class Training: LIC provides specialized training to make you a successful life insurance sales specialist.
  • Infrastructure Support: Access state-of-the-art infrastructure at LIC Branch Offices.
  • Full Range of Products and Services: Offer customers over 50 product combinations to meet their financial goals.
  • Sales and Marketing Support: LIC provides innovative sales and marketing tools.
  • Financial Strength: LIC’s unmatched financial strength and solidity benefit both you and your customers

FAQs

1. How many seats have been allocated in LIC Vacancy 2024?

  • The LIC ADO (Apprentice Development Officer) recruitment for 2024 has 9,394 posts available

2. Which positions were announced in LIC Recruitment 2024?

  • The positions announced in LIC Recruitment 2024 include:
  • Apprentice Development Officer (ADO) 22-23
  • AAO (Generalist)-2024
  • Engagement of CRO
  • Specialized positions in IT
  • Investor Relations Executive on Contract Basis
  • Head-Investor Relations on a Contract Basis
  • Company Secretaries on Contract Basis
  • Recruitment of Assistants -2019

3. What academic qualifications are required to apply for LIC Recruitment 2024?

  • The specific academic qualifications vary based on the position. For example:
  • LIC AAO: Completion of a bachelor’s degree in any discipline.
  • LIC ADO: Graduation in any field.
  • LIC Assistant: Senior secondary education (10+2).
  • LIC Agent: 10th standard examination (secondary school)

Conclusion-LIC Recruitment 2024

LIC Recruitment 2024 presents a unique opportunity for individuals looking for a stable and rewarding career in the insurance sector. With its strong brand reputation, attractive compensation package, and emphasis on career development, LIC remains an employer of choice for many. 

Aspiring candidates should embrace this opportunity, adhere to the prescribed eligibility criteria, and prepare diligently to secure a bright future with LIC.

Remember, behind every policy number lies a story—a story waiting for you to write.

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