Saturday, April 9, 2011

Financial Service Executives FSE Jobs in LIC Life Insurance Corporation of India

LIFE INSURANCE CORPORATION OF INDIA
Central Zonal Office Bhopal

The Life Insurance Corporation of India (LIC) is the largest state-owned life insurance company in India, and also the country's largest investor. It is fully owned by the Government of India. It also funds close to 24.6% of the Indian Government's expenses. It has assets estimated of 9.31 trillion (US$206.68 billion). It was founded in 1956 with the merger of more than 200 insurance companies and provident societies.

The Oriental Life Insurance Company, the first corporate entity in India offering life insurance coverage, was established in Calcutta in 1818 by Bipin Bernard Dasgupta and others. Europeans in India were its primary target market, and it charged Indians heftier premiums. The Bombay Mutual Life Assurance Society, formed in 1870, was the first native insurance provider.

Engagement of Financial Service Executives

Approximately 36 Financial Services Executives are proposed to be engaged by various Divisional Offices of Central Zone (M.P.& Chhattisgarh) on Contract basis for 3 years (renewable depending on the performance) under the jurisdiction of Zonal Office, Bhopal

JOB REQUIREMENT
It is primarily a Marketing job. The FSE’s shall be directly responsible for Procuring New Business, providing Policy Servicing and related jobs from the bank branches / other outlets allotted to them. They shall also carry out any other instructions given to them from time to time. For this purpose considerable movements including tours covering entire area allotted to them are involved.

source:
http://www.licindia.in/careers_pop10.html

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