Government job aspirants dream about being placed in the government sector. Lakhs of students enroll in different jobs available in the government sector. However, only quite a few aspirants are aware of the vacancies in the insurance sectors, which offers a lucrative salary. Apart from PO/Clerk/RRB vacancies, the government also recruits officers under varying positions.

Different Posts in Insurance Sector

There are different posts in the insurance sector which includes the following:

  • Assistant Administrative Officer (AAO)
  • Apprentice Development Officer (ADO)
  • Administrative Officers (AO)
  • Assistant 
  • Assistant Managers

Check out the article as these posts open doors for vacancies under the government department. 

Post Name Exam Date (tentative) Emoluments Last date to apply
LIC AAO Prelims- 4th April 2020 Rs.32,795/- 15/03/20
LIC ADO Prelims- July 2020 Rs.37,345/- To be intimidated later
NIACL AO Prelims- To be notified later Rs.51,000/- To be intimidated later
LIC Assistant (Civil/ Engineer) Prelims- 4th April 2020 Rs.30,000/- October 2020
LIC HFL Assistant Manager Prelims- 27th January 2020 Rs.50,700/- To be intimidated later

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LIC AAO Exam Pattern, Selection Process, and Job Profile

Getting a job in the insurance sector is considered to be a coveted job under the government department Life Insurance Corporation Assistant Administrative Officer or LIC AAO is conducted on the basis of the requirement of the personnel in the country. The LIC AAO Notification 2020 was released in the end week of February. The students can check out the details about the post from the following post:

LIC AAO Job Profile

LIC AAO covers the administrative job with varying responsibilities. The responsibilities of an AAO may vary with different jobs in the insurance sector department. The interested candidates can check out the roles and responsibilities of an AAO from the following list:

  • LIC AAOs have to supervise the general functioning of the department in which they are hired. 
  • They have to inspect and analyze the current policies.
  • Planning new schemes or policies.
  • Processing with the policy application is their responsibility.
  • Maintaining the databases for future purposes. 
  • They are also required to interact with the personnel, customers and etc.
  • They need to perform duties from time to time in different departments.
  • They are not expected to procure business for the corporation.

LIC AAO Selection Process

To secure a vacant seat under different posts in insurance the candidates are required to prepare for the selection procedure. The selection procedure for LIC AAO is conducted in three phases, where every phase holds weightage for the candidate. These phases are as follows:

Phase l: Preliminary examination

Phase ll: Mains examination

Phase lll: Interview

The exam pattern for the AAO selection process has been discussed below.

LIC AAO Exam Pattern

After going through the job profile and selection process, the students would be eager to know the exam pattern followed to select the students for the AAO post. 

Exams  Subjects  Number of questions/Marks Duration
Preliminary exam Reasoning Ability 35/35 20 minutes
Quantitative Aptitude 35/35 20 minutes
English Language 30/30 20 minutes
Mains exam( Legal) Reasoning Ability 30/90 40 minutes
General Knowledge and Current Affairs 30/60 20 minutes
Data Interpretation  30/90 40 minutes
Insurance and Financial Market Analysis 30/60 20 minutes
Legal Drafting- Descriptive Paper 2/25 30 minutes
Mains exam (Rajbhasha/ CA/ IT/ Actuarial) Reasoning Ability 30/90 40 minutes
General Ability and Current Affairs 30/90 20 minutes
Professional Knowledge 30/90 40 minutes
Insurance and Financial Market Awareness 30/60 20 minutes
English Language 2/25 30 minutes

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LIC Apprentice Development Officer (ADO)

The LIC ADO involves sales administrative tasks. Candidates recruited through LIC ADO Exam are responsible for recruiting people as LIC Insurance agents. They also hold a responsibility to inspect the existing policies. Check out the following bulleted list to know more about the job profile of an ADO. 

LIC ADO Job Profile

Different posts in insurance sector hold different responsibilities. The major responsibilities of LIC ADO have been discussed below, which are as follows:

  • Perform sales supervision job.
  • Provide training to the agents.
  • Assigning a target related task to the agents.
  • Analyze the performance of the agents and work on their shortcomings.
  • Maintaining integrity in the sales department.

LIC ADO Selection Process

Candidates selected have to clear three levels of test. The exam is conducted by the LIC which consists of the following level. 

  • Written test: The test will be conducted on the computer. It comprises of two phrases

Phase l- Preliminary examination and Phase ll- Mains examination

  • Personal Interview
  • Medical test

LIC ADO Exam Pattern

As already mentioned the written test will be conducted in two phases so the pattern for these two phases is as follows:

Preliminary examination

Subjects Number of Questions Marks  Duration
Reasoning Ability 35 35 20 minutes
Quantitative Ability 35 35 20 minutes
English Language 30  30 20 minutes
Total 100 70 60 minutes

Mains examination

Subjects Number of questions  Marks  Duration
Reasoning ability and arithmetic 50 50 2 hours
General Knowledge, Current Affairs, English language with grammar and vocabulary 50 50
Insurance and financial marketing awareness, knowledge of Life insurance and financial sector 50 50
Total 150  150 120 minutes

NIACL AO Job profile, Selection Procedure, and Exam Pattern

New India Assurance Company Administrative Officer (NIACL AO) post recruits candidates under two categories. 

  • NIACL AO Generalist
  • NIACL AO Specialist

The notification for NIACL AO Recruitment 2020 is still awaited. However, the candidates can check out this article to get relevant information such as the job profile, selection process, and exam pattern on the post.

NIACL AO Job Profile

NIACL AO Generalist job profile can be figured out from the following

  • The work profile involves Claim settlement, risk assessment, underwriting, and supervision of assistants. 
  • They also have to verify risk proposals and authorization of claims.
  • The job of an AO includes the issuance of insurance policies, settling insurance claims, and working as an invigilator while handling policies.
  • Checking clauses, filling other returns, and issuance of statements to the higher regional offices. 

NIACL AO Specialist job profile requires expertise and specialization of the candidate in the respective fields. It has been described in the following lists:

Finance and Accounts officer

  • The task of the specialist involves resolving billing issues of the company.
  • Managing the financial account of the company.
  • Keeping a track of the bills, processes funds, interaction with the collection agencies and etc.
    • The AOs have to assist in preparing the budgets, managing the records, and receipt of the company. 
  • Assimilating the transactions and preparing a balance sheet.

Legal Officer

  • They focus on handling the legal affairs of the company.
  • To prepare legal documents and verify the same. The AO legal officers also provide legal assistance in the legal issues of the company. 
  • AOs monitor errors in the documents and keep track of the authenticity of the agreements and contracts of the company. 

Company Secretary

  • AO officers ensure compliance with the statutory and regulatory requirements of the company. 
  • They work to implement the decision of the board of directors. 

NIACL AO Selection Process

The selection process of the NIACL AO has been divided into four stages.

  • Preliminary exams
  • Mains Exam
  • Interview
  • Final Selection

NIACL AO Exam Pattern

The distribution of the marks and time for each phase of the exam has been discussed in the following table

Preliminary examination

Subject Number of questions Marks Duration
English Language 30 30 20 minutes
Reasoning 35 35 20 minutes
Arithmetic  35 35 20 minutes
Total 100 100 60 minutes

Mains examination

Subject Number of questions Marks Duration
Reasoning 40 50 2 hours
English Language 40 50
General Awareness 40 50
Computer Knowledge 40 50
Numerical Ability 40 50
Total 200 250 2 hours

A certain mark will be deducted for every wrong answer. So the students have to be careful while answering the questions for they will be penalized for every wrong answer. 


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LIC Assistant Job Profile, Selection and Job profile

The different jobs in insurance invite applicants for the post of LIC assistant which offers a lucrative salary along with several benefits. Check out the following list to acknowledge the work responsibilities of the LIC Assistant Recruitment

LIC Assistant Job Profile

  • They perform various duties of clerical staff.
  • Responsible for reviewing, processing and ensuring that whether all the documents are complete or not.
  • Manage sales documents and other documents conducted either online or offline.
  • They handle cash counters, processing, disbursement of files and other assigned work by their head.
  • They usually handle back office works, accounts, or recovery-related work.

LIC Assistant Selection Process

The selection process for LIC assistant recruitment involves a two-stage exam process. 

Stage l- Prelims 

Stage ll- Mains

The following things are required to be kept in mind.

  • The candidates can take this exam as many times as they want. The conducting body has not put any restrictions on the number of attempts by a single person.
  • The negative marking is present in the exam selection process.
  • The cut-off for all stages of the exam will be released after the completion of the exam. However, the ones unable to secure the required marks will be disqualified from the selection.

LIC Assistant Exam Pattern

The exam pattern for the prelims and mains examination is conducted in the following pattern.

Subjects Questions Marks Duration
English/Hindi 30 30 20 minutes
Maths 35 35 20 minutes
Reasoning 35  35 20 minutes
Total 100 100 60 minutes

Mains Examination

Subjects Questions Marks Duration
General Awareness 40 40 30 minutes
General English 40 40 30 minutes
Maths 40 40 30 minutes
Reasoning ability and computer aptitude 40 40 30 minutes
Hindi Awareness 40 40 30 minutes
Total 200 200 2 hours and 30 minutes

LIC Assistant Manager Job profile, Selection Process, and Exam Pattern

The details about the LIC HFL Assistant Manager can be figured out from the following lists.

LIC Assistant Manager Job Profile

  • Receiving, checking and verifying the home loan applications
  • Evaluating the creditworthiness of the clients.
  • Sanctioning the loan and processing it on the system.
  • Co-ordinating the market intermediaries to make the policies work with ease.
  • Assisting the seniors to meet the sales target.

LIC Assistant Manager Selection process

The LIC HFL Assistant Manager selection process involves a three-phase recruitment process.

  • HFL online examination 
  • Interview and 
  • Medical Test

LIC Assistant Manager Exam Pattern

Subjects Questions Marks Durations
English Language 50 50 35 minutes
Logical Reasoning 50 50 35 minutes
General Awareness 50 50 15 minutes
Numerical Ability 50 50 35 minutes
Total 200 200 120 minutes

Interview Round 

The candidates called for the interview round have crossed the minimum qualifying marks. They need to prepare well for the interview round has the interview panel puts a lot of weightage in this round.

The above details about different posts in the insurance companies can help to secure a seat under the government department. These jobs offer a platform for career growth. The benefits and allowances provided by the government make it more attractive for the applicants. So, start preparing and believe on your hard work. All sort of assistance is provided at this platform. Feel free to contact and connect with us to get assistance to ace the government examination. 

FAQ's

What are the different posts offered under Insurance sector?

There are various posts offered under Insurance sector that include 

  • Assistant Administrative Officer (AAO)
  • Apprentice Development Officer (ADO)
  • Administrative Officers (AO)
  • Assistant 
  • Assistant Managers

Which are the upcoming Insurance Exams?

In Insurance domain there are various examinations codnucted every year that include LIC, NIACL, UIIC, OICL, ESIC, and many more.

How can I apply for Insurance Exams?

If you are an Insurance sector aspirant then you can apply for the exam in the respective official website. Visit the official website and click on the apply online link. Complete the application process by entering all correct details, uploading the necessary documents, and paying the application fee. Finally take a printout of the form for future reference.

Is Insurance sector a good field?

Yes, Insurance sector is a great career as it offers handsome salary and satisfying job profile. A great advantage of Insurance sector is that you can have a good work-life balance. 

Can I Apply for any Insurance sector job?

Yes, if you satisfy the required eligibility criteria then you can apply for your desired Insurance post.

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