LIC Recruitment of Assistant Administrative Officer (Actuarial) – 2014

RECRUITMENT FOR THE POST OF ASSISTANT ADMINISTRATIVE OFFICER (ACTUARIAL)

Life Insurance Corporation of India invites Online Applications from eligible Indian Citizens for appointment to the post of Assistant Administrative Officer (Actuarial). Candidates are requested to apply On-Line only. No other means/mode of application will be accepted. The schedule of events shall be as under:

SCHEDULE OF EVENTS

Start date for Online Registration of Applications and Online Payment of Application Fee/ Intimation Charges	20th March, 2014
Last date for Online Registration & Online Payment of Application Fee/Intimation Charges	6th April, 2014
Download of Call Letter for Examination	1st Week of May, 2014
Date of Online Examination (Tentative)	11th May, 2014

TOTAL NO.OF VACANCIES: 30

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

CATEGORY	SC	ST	OBC	General(UR)	Total
Vacancies	4	2	8	16	30

The total number of vacancies and the reserved vacancies is provisional and may vary according to the actual requirements of the Corporation.

Eligibility: Candidates should have compulsorily passed paper CT1 and CT5 plus 4 or more other papers of the examination conducted by the Institute of Actuaries, London/Actuarial Society of India. (Total 6 or more papers) as on the date of eligibility i.e. 1st March, 2014.

Emoluments and Benefits: Basic pay of Rs. 17240 /- per month in the scale of Rs. 17240- 840(14) -29000- 910(4) – 32640 (Under Revision) 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 36,805/- per month in ‘A’ Class city. Other benefits are Defined Contributory Pension, Special Allowance for passing Actuarial Examination, Gratuity, LTC, Medical Benefit, Group Savings Linked Insurance (GSLI), Group Personal Accident Insurance, Group Insurance , Vehicle Loan (2-wheeler/4 wheeler) as per rules

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/ PWD Candidates: Intimation Charges of Rs. 50/- plus Transaction Charges
For all Other Candidates: Application Fee-cum-Intimation Charges of Rs. 500/- plus Transaction Charges

Selection Procedure: Selection will be made on the basis of performance in the on-line test followed by a personal interview of short listed candidates and subsequent Pre-Recruitment Medical Examination.

How to Apply: Candidates are necessarily required to apply On-line through LIC’s website www.licindia.in under the heading “Careers.” No other means/mode of applications will be accepted.

Download the official notification for complete details:
[gview file=”http://www.licindia.in/pages/NOTIFICATION_FOR_RECRUITMENT_OF_AAO_Actl_2014.pdf” save=”1″]