Which job is best in LIC?
Asked by: Eleazar Deckow | Last update: February 11, 2022Score: 4.4/5 (74 votes)
LIC Assistant Administrative Officer (AAO) is one of the best entry-level jobs in the insurance sector and hence, is highly demanding. Lakhs of candidates appear for LIC AAO exam to start their career in the insurance sector.
What is the highest salary in LIC?
What is the highest salary offered at LIC? Highest reported salary offered at LIC is ₹50lakhs. The top 10% of employees earn more than ₹21lakhs per year. The top 1% earn more than a whopping ₹42lakhs per year.
Which type of job is in LIC?
- LIC AAO (Assistant Administrative Officer)
- LIC ADO (Apprentice Development Officer)
- LIC HFL (Housing Finance Limited)
- LIC DSE (Direct Sales Executives)
- LIC FSE (Financial Services Executives)
- LIC IRDA exam.
- LIC D.O.
- NIACL Assistant exam.
Are LIC jobs good?
LIC is much better. I have worked in LIC for almost 5 years and now I have joined NABARD as Manager. (If you want a more rewarding career, try for RBI/ NABARD.) But the memories and friends I made during my LIC stint are still fresh.
Is LIC job stressful?
Work pressures in LIC might not be very high as AAOs are not expected to interact with prospective customers to bring more business to the corporation (that's the job of an LIC Agent). A PO's work life is more hectic as he or she is expected to engage with prospective customers to bring new customers to the bank.
Which One Is The Better Job For You ? | LIC AAO, Bank PO, SSC CGL - Understanding The Difference
What is LIC agent salary?
The average salary for a LIC Agent is ₹ 1.9 Lakhs per year in India, which is at par with the average salary of LIC Agent at Life Insurance Corporation Of India which receives a salary of ₹ 1.9 Lakhs per year.
Are LIC exams easy?
The LIC Assistant Exam 2019 was from easy to moderate and not too difficult. In the Prelims paper, a total of 100 questions were asked which were MCQ type questions. In the LIC Assistant exam 2019, the questions were asked from Numerical Ability, Reasoning Ability, and English/Hindi Language.
Is LIC a govt job?
No. LIC is a public sector institution and its Development Officer is a public sector employee. Yes very much a Govt Job.
Can 12th pass apply in LIC?
Eligibility: Candidates should have 12th pass (10 + 2) from any recognized institute as well as basic knowledge of computers. Age Limit: ... The candidate should be at least 28 years and maximum 35 years.
How can I get job in LIC?
To apply for the LIC ADO exam, general candidates must be between 21-30 years. The LIC has given age relaxation to the reserved candidates. Moreover, Candidates are required to have a Bachelor's Degree in any discipline from a recognized university to appear for the LIC ADO exam.
How many exams are there in LIC?
The LIC AAO exam pattern is as follows: There are a total of 3 papers for this examination; Prelims, Mains (Legal), and Mains (Rajbhasha/IT/CA/Actuarial).
How can I become a LIC manager?
At least 4 years of experience as an agent or DSE/FSE. Has brought a net First Year Premium Income of not less than 1,00,000/- on 50 lives₹ per year in any 3 of the immediately preceding 4 financial years. Those candidates will be given preference who have 2 years of experience in the Life Insurance Industry.
What is the salary of branch manager in LIC?
Average Life Insurance Corporation Of India Branch Manager salary in India is ₹ 7.9 Lakhs for employees with experience between 9 years to 31 years. Branch Manager salary at Life Insurance Corporation Of India ranges between ₹ 1.8 Lakhs to ₹ 15.1 Lakhs.
Is LIC private job?
It's not a Private job, you can be 100% sure about it. It's a job in a corporation of Government of India undertaking. LIC AAO is like an officers job in Public Sector, Nationalised banks. LIC is an organization fully owned by Government of India formed under act of Parliament.
Is SBI PO or LIC AAO better?
While SBI PO attaches more challenges and one has to work under pressure at times, LIC AAO has less pressure and offer better work-life balance. On the other hand, SBI SO offers better career growth and remuneration than LIC AAO.
What is the syllabus of AO?
NICL AO Syllabus for Prelims consists of three sections which are English Language, Quantitative Aptitude and Reasoning Ability. NICL AO Mains syllabus covers five subjects viz. Quantitative Aptitude, English Language, Computer Awareness, General Awareness and Reasoning Ability.
What is LIC AAO job profile?
LIC AAOs have to help the Administrative Officer or the head of the department in supervising the general functioning of the department. An assistant administrative officer is in-charge of inspecting and analyzing currently running policies. Responsible for planning new schemes and/or policies.
Do LIC agents get pension?
Group pension
Group pension is also available under Lic Agent Benefits.
What is the benifit of LIC agent?
If the agent works harder and gets more people to buy LIC life insurance, he and she can get up to a 40 percent bonus on first-year commission. Retirement benefits or the gratuity up to INR 200,000 will be given if the agent completes the business guarantee of the 15 years.
What is in hand salary of LIC assistant?
LIC Assistant In-Hand Salary 2022
It will be approximately INR 28,000 to INR 32,000 per month. The distinction between gross and net salaries is that deductions from the gross salary are subtracted from the salary, which includes payroll tax, occupational tax, and other business policy deductions.
Is LIC AAO have interview?
The LIC AAO 2022 exam has two CBT exams (Phase I and Phase II) and a personal interview.
Which is better AAO or ado?
Candidates looking for a government job must try for jobs in the insurance sector. LIC ADO is a job that pays one lesser in comparison to the salary paid to LIC AAO. LIC ADO involves more fieldwork, and LIC AAO involves more of Office work.