LIC Recruitment 2019 For Assistant Administrative Officer
LIC - Experience : Freshers
Job Information
No. of Posts : 590
Qualification :
A. For AAO (Generalist): “Bachelor’s Degree in any discipline from a recognized Indian University/ Institution”.
B. For AAO (IT) : Graduation degree in Engineering in Computer Science, IT or Electronics, or an MCA, or an MSC (Computer Science) from a recognized Indian University/Institution.
C. For AAO (Chartered Accountant) : Bachelor’s Degree from a recognized Indian University/Institution and Candidate should have passed Final Examination of Institute of Chartered Accountants of India and completion of Articles as presented by Institute of Chartered Accountants of India. The candidate should be Associate member of Institute of Chartered Accountants of India. Candidates should provide their membership number and the same will be verified with Institute of Chartered Accountants of India.
D. For AAO (Actuarial) : Bachelor’s Degree in any discipline from a recognized Indian University/ Institution and Candidates should have compulsorily passed paper CT1 and CT5 plus 4 or more other papers of the examination conducted by the Institute of Actuaries of India / Institute and Faculty of Actuaries, UK. (Total 6 or more papers) as on the date of eligibility i.e. 1st March, 2019. Candidates should provide their membership number and the same will be verified with Institute of Actuaries of India / Institute and Faculty of Actuaries, UK.
E. For AAO (Rajbhasha) : Post Graduate Master’s Degree in Hindi/Hindi translation with English as one of the subjects at Bachelor’s Degree level OR Post Graduate Master’s Degree in English with Hindi as one of the subjects at Bachelor’s degree level OR Post Graduate Master’s Degree in Sanskrit with English and Hindi as subjects at Bachelor’s degree level.
Emoluments : Basic pay of Rs. 32795/- per month in the scale of Rs. 32795- 1610(14) –55335– 1745(4) –62315 and other admissible allowances as per rules. Total emoluments at the minimum of the scale, inclusive of House Rent Allowance & City Compensatory Allowance wherever admissible depending upon the classification of the city, will be approximately Rs 56,000/- per month in ‘A’ Class city. Other benefits are Defined Contributory Pension, Special Allowance for passing Actuarial Examination, Gratuity, LTC, Cash Medical Benefit, Group Mediclaim, Group Personal Accident Insurance, Group Insurance , Vehicle Loan (2-wheeler/4 wheeler) as per rules, meal coupon, reimbursement towards cost of Brief case/leather bags, mobile handset, supply of dailies and magazines and tea/coffee, mobile expenses, etc. as per rules.
Age Limit : Minimum Age shall be 21 years (completed) as on 01.03.2019. Maximum age shall not be more than 30 years
Application Fees/ Intimation charges (Non-refundable): Candidates will have to make the payment of Application Fees/Intimation Charges through the On-Line Mode as under:
For SC/ST/ PwBD candidates : Intimation Charges of Rs. 100/- plus Transaction Charges
For all other candidates : Application Fee-cum-Intimation Charges of Rs. 600/- plus Transaction Charges
Selection Procedure : Selection of Assistant Administrative Officers will be done through a three tiered process and subsequent Pre-recruitment Medical examination.
Probation : A candidate after appointment as Assistant Administrative Officer shall be on probation for a period of one year from the date of joining. This period may be extended upto two years.
Important Dates
Start date for Online Registration of Applications and Online Payment of Application Fee/ Intimation Charges: 02.03.2019
Last date for Online Registration & Online Payment of Application Fee/Intimation Charges: 22.03.2019
Download of Call Letter for Online Preliminary Examination: From 22.04.2019 to 30.04.2019
Dates of Online Examination – Preliminary (tentative): 4th & 5th May 2019
Dates of Online Examination – Main (tentative): 28th June 2019
CA, MA(English, Hindi), MCA, BE/B.Tech(CSE, IT), ICWA, Any Graduate, MSc(CS)
Education : B.E. / B.Tech ,MCA ,M.A. ,CA ,ICWA ,M.Sc
The Bombay Mutual Life Assurance Society, formed in 1870, was the first native insurance provider. Other insurance companies established in the pre-independence era included
The first 150 years were marked mostly by turbulent economic conditions. It witnessed Indias First War of Independence, adverse effects of the World War I and World War II on the economy of India, and in between them the period of worldwide economic crises triggered by the Great depression.
The first half of the 20th century saw a heightened struggle for Indias independence. The aggregate effect of these events led to a high rate of and liquidation of life insurance companies in India. This had adversely affected the faith of the general in the utility of obtaining life cover.
In 1955, parliamentarian Amol Barate raised the matter of insurance fraud by owners of private insurance agencies. In the ensuing investigations, one of Indias wealthiest businessmen, Ramkrishna Dalmia, owner of the Times of India newspaper, was sent to prison for two years.
The Parliament of India passed the Life Insurance of India Act on 19 June 1956 creating the Life Insurance Corporation of India, which started operating in September of that year. It consolidated the business of 245 private life insurers and other entities offering life insurance services this consisted of 154 life insurance companies, 16 foreign companies and 75 provident companies. The nationalisation of the life insurance business in India was a result of the Industrial Policy Resolution of 1956, which had created a policy framework for extending state control over at least 17 sectors of the economy, including life insurance.
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