Life Insurance Corporation of India (LIC) hiring Retired employees of LIC for Associate (Mini Office) role
Company name : Life Insurance Corporation of India (LIC)
Posts : Associate (Mini Office)
Qualification : Retired employees of LIC
Salary : 20,000/- per month plus 10% of the gross salary
Location : Hyderabad
Last date to apply : 28/12/2013
Details of Post :
Associate (Mini Office)
Life Insurance Corporation of India invites Online Applications from eligible retired employees of Life Insurance Corporation of India for engaging as Associate (Mini Office) on contractual basis for a period of two years.
TOTAL NO.OF VACANCIES : 90+3 (No. of vacancies to be filled in Zonal Office) Reservation for Scheduled Castes, Scheduled Tribes, Other Backward Classes and Physically handicapped shall be as under.
Place of Posting : Postings will be at the Mini Office situated in the jurisdiction of the Zone. The list of Mini Offices in the Zonal jurisdiction is annexed as “A”.
Job Profile: The persons so engaged shall be posted at any of the Mini Office of the Corporation which will be offering facilities such as attending to policy servicing requests like capturing NEFT details, change of address, change of nomination, issue of Status Reports and quotations for Loan, Surrender Value as well as RFM functions. In addition, the engaged persons shall attend to all other duties as may be delegated by the Zonal Manager (Engaging Authority) from time to time. The Zonal Manager shall have the power to revise and redesign the job profile
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Eligibility Conditions as on 01/12/2013 shall be as under:
- Eligible to apply : Employees of the Corporation who have retired in the cadre of Higher Grade Assistant, Assistant Administrative Officer, Administrative Officer and Assistant Divisional Manager are eligible to be considered for engagement. Employees who have resigned, voluntarily retired or have been removed from services due to disciplinary proceedings are not eligible to be considered for engagement under the scheme
- Age Maximum age shall not be more than 63 years.
Remuneration: Fixed Remuneration of 20,000/- per month plus 10% of the gross salary last drawn by the employee prior to retirement on attaining the age of superannuation. The employees so engaged shall be entitled to Provident Fund of 10% of their Fixed Remuneration per month which shall be deducted from the monthly salary and an equal amount shall be contributed by the Corporation towards Provident Fund. No other benefits/allowances that are payable to regular employees of the Corporation shall be payable during the tenure of engagement.
Tenure of Engagement: The term of engagement shall be for a maximum period of two years from the date of appointment and in any case not beyond 65 years of age. The contractual engagement can be terminated by either party by giving 30 days notice in writing or by payment of proportionate remuneration in lieu thereof without assigning any reasons whatsoever.
Selection Procedure : Selection will be made on the basis of performance in the personal interview of short listed candidates and subsequent Pre-Engagement Medical Examination.
How to Apply
- Eligible candidates may apply on the application format and e-mail the application to email@example.com latest by 28/12/2013.
- The hard copy of the application along with the self attested photocopies of the testimonials (DOB certificate, caste certificate, medical certificate for PH, certificate of retirement) should reach the following address on or before 28/12/2013.
The Zonal Manager,
LIC of India,
Last date for receipt of application and enclosure is 28/12/2013
Important dates to remember :
Last date to apply : 28/12/2013