94432-78550
info@aim4education.com

Life Insurance Corporation of India
Central office, “Yogakshema”, Jeevan Bima Marg, Mumbai-400021
Recruitment for the post of Assistant Administrative Officer (Generalists/Chartered Accountants/Actuarially Qualified)

On-line Applications are invited from eligible Indian Citizens for appointment to the following posts of Assistant Administrative Officer in Life Insurance Corporation of India:

1. Assistant Administrative Officer (Generalists) – 400 Vacancies
2. Assistant Administrative Officer (Chartered Accountants) –100 Vacancies
3. Assistant Administrative Officer (Actuarially Qualified) – 030 Vacancies

Total – 530 Vacancies

Reservation for Scheduled Castes, Scheduled Tribes and Other Backward Classes shall be as under:

Current Year, SC – 77, ST – 41, OBC – 135, General – 265, Total – 518
Backlog, SC – 07, ST – 05, OBC – Nil, General – Nil, Total – 012
Total, SC – 84, ST – 46, OBC – 135, General – 265, Total – 530

Qualification:

AAO (Generalist) – Bachelor/Master’s degree from a recognized Indian or Foreign University with a minimum of 55% marks in the aggregate in either of the Degrees which is relaxable to 45% in case of SC/ST candidates. If any University awards grades instead of marks, applicants should clearly mention the numerical equivalent of the grades in terms of aggregate marks.

Preference shall be given to the candidates having professional qualification like CFA/CS/FIIRM/ MBA from recognized University or Institute.

AAO (Chartered Accountant) – An Associate Member of the Institute of Chartered Accountants of India

AAO (Actuarially Qualified) – A pass in seven or more subjects (Papers) of the Examination conducted by the Institute of Actuaries, London or the Actuarial Society of India (excluding Paper-CT9- Business Awareness Module) as on the date of eligibility.

Probation: One year, extendable upto 2 years.

Guarantee Bond: Before joining as a Probationer, candidates will be required to give an undertaking to serve the Corporation for a minimum period of four years from the date of joining (including probationary period) failing which, he/she will be liable to pay liquidated damages of Rs. 100,000 (Rs one lakh only) to the Corporation. The candidate will have to submit an indemnity bond for Rs. 1,00,000 (Rs. One lakh only) duly stamped and executed by a Surety of sound financial standing and not related to the candidate. The stamp value of the bond will be as applicable to the State in which the bond is executed by the Surety.

How to apply for LIC AAO (for all posts): Candidates are necessarily required to register On-line for applying. No other means/mode of applications will be accepted. Candidates have to register on-line only after obtaining a receipt for payment of application fee, wherever applicable, at the cash collection centre of LIC. If not, applications shall be invalid. Eligible candidates are required to log in to the designated website http://jobs.licindia.co.in for submission of applications on-line. While filling the ‘Fee Details’ in the online application form, candidates are required to enter and check the following:

(a) LIC branch code (upper left hand corner of the miscellaneous receipt) – maximum 4 characters (alpha numeric)
(b) Miscellaneous collection number – maximum 6 digits (appearing in the shaded portion of the box)
(c) Transaction number (Tr. No.) – Maximum 8 digits (appearing on the left hand corner of the receipt)
(d) Transaction date (appearing on the upper left hand corner of the receipt)
Life Insurance Corporation- Assistant Administrative Officer Important Dates.


Opening date of acceptance of application money at cash collection centres of LIC: 21st March, 2009

Opening date of online registration: 23rd March, 2009

Last date for acceptance of application money: 08th April, 2009

Closing date for on-line registration: 11th April, 2009

Written Examination: 07th June, 2009