LIC ADO

Launch Your Insurance Career

Overview

The LIC ADO (Life Insurance Corporation Apprentice Development Officer) post is a prestigious role within India’s leading insurance company. Aspiring candidates undergo rigorous selection, including a written exam and interview. The exam assesses knowledge in areas such as numerical ability, reasoning, general awareness, and English language skills. Upon selection, ADOs receive comprehensive training covering insurance products, sales strategies, and client management. They play a pivotal role in expanding LIC’s market by recruiting and mentoring agents, promoting insurance products, and developing client relationships. The role requires excellent communication skills, a knack for sales, and a commitment to achieving performance targets. ADOs must demonstrate proficiency in managing a team of agents and driving business growth. The training equips them with the skills to excel in the insurance industry, offering significant career advancement opportunities. Successful candidates who complete their apprenticeship can transition to permanent positions with a clear career path within LIC, making it a rewarding opportunity for those seeking a dynamic and impactful career in insurance.

Exam Highlights

Aspect

Details

Exam Name

LIC ADO (Apprentice Development Officer) Exam

Conducting Authority

Life Insurance Corporation of India (LIC)

Mode of Exam

Online

Duration

1 hour

Number of Questions

100 (indicative)

Question Type

Multiple Choice Questions (MCQs)

Sections

1. Reasoning Ability

2. Numerical Ability

3. General Awareness

4. English Language

Eligibility Criteria

Bachelor’s degree from a recognized university

Selection Process

Written Exam + Interview

Training

Includes product knowledge, sales skills, and client management

Eligibility

The LIC ADO (Life Insurance Corporation Apprentice Development Officer) position offers a significant career opportunity within India's leading insurance company. To be eligible for the LIC ADO Exam 2024, candidates must meet specific criteria as given below:

Age Limit:

  • 21 to 30 years

Educational Qualification:

  • Bachelor’s degree in any discipline from a recognized university
  • Preference for candidates with an MBA or PG Diploma in Marketing from AICTE-approved institutes

Nationality:

  • Indian

Work Experience Requirement:

  • Agent Category:
    • Rural Area: At least 3 years of service after confirmation in Class III post
    • Urban Area: At least 3 years of service after confirmation in Class III post
  • Employee Category:
    • Rural Area: Minimum 5 years as an agent or DSE/FSE, with specific premium income requirements (₹5,00,000 net First Year Premium Income in the last 5 financial years and ₹1,00,000 on 50 lives per year in any 3 of those years)
    • Urban Area: Minimum 4 years as an agent or DSE/FSE, with a net First Year Premium Income of ₹1,00,000 on 50 lives per year in any 3 of the last 4 financial years
  • Others:
    • Preference for candidates with 2 years of experience in the Life Insurance Industry

Number of Attempts:

  • No limit; candidates can apply as long as they meet the eligibility criteria.

Exam Pattern

The LIC ADO 2024 exam will be conducted in three phases: the Prelims Exam, the Mains Exam, and the Interview Process. Each phase assesses different skills and knowledge required for the Apprentice Development Officer role. Below is the detailed exam pattern for each phase of the LIC ADO 2024 examination:

Phase

Sections

Number of Questions

Total Marks

Duration

Prelims Exam

Reasoning Ability

35

35

20 minutes

Numerical Ability

35

35

20 minutes

English Language (Qualifying)

30

30

20 minutes

Total

100

70

60 minutes

Mains Exam

Reasoning Ability & Numerical Ability

50

50

120 minutes

General Knowledge, Current Affairs, and English Language with Special Emphasis on Grammar and Vocabulary

50

50

Insurance and Financial Marketing Awareness with Special Emphasis on Knowledge of Life Insurance and Financial Sector

60

60

Total

160

160

For Employee Category

Reasoning Ability & Numerical Ability

20

20

120 minutes

General Knowledge, Current Affairs, and English Language with Special Emphasis on Grammar and Vocabulary

20

20

Elements of Insurance and Marketing of Insurance

60

120

Total

100

160

For Agents Category

Reasoning Ability & Numerical Ability

20

20

120 minutes

General Knowledge, Current Affairs, and English Language with Special Emphasis on Grammar and Vocabulary

20

20

Practice and Principle of Insurance Marketing

60

120

Total

100

160

Important Dates

The LIC ADO 2024 recruitment notification is expected to be released in April 2024. This will kick off the selection process for the Apprentice Development Officer role, which includes various stages such as application submission, preliminary exams, and final selection. Candidates can visit Guide Me Career or the official website of LIC India to check the important dates as and when the official notification for the said exam will be released:

Events

Dates

LIC ADO Notification 2024

To be notified

Online Application Starts

To be notified

Online Application Last Date

To be notified

LIC ADO Admit Card 2024

To be notified

LIC ADO Prelims Exam

To be notified

LIC ADO Prelims Result

To be notified

LIC ADO Mains Exam

To be notified

LIC ADO Mains Result

To be notified

LIC ADO Final Result 2024

To be notified

Official Notification

The official notification for the LIC ADO (Life Insurance Corporation Apprentice Development Officer) 2024 exam is anticipated to be released in April 2024. This notification will provide detailed information regarding the recruitment process, including important dates, eligibility criteria, exam pattern, and application procedures.

LIC ADO Exam 2024 Official Notification [Link Will Be Active Soon]

Application Procedure

LIC will soon release the application form for LIC ADO 2024 on their official website, licindia.in. To apply for the LIC ADO exam, candidates must complete the application process before the specified deadline. Here’s a step-by-step guide to submitting the LIC ADO 2024 application form:

  1. Online LIC ADO Registration:
    • Visit the LIC official website at licindia.in.
    • Register using your name, mobile number, and email ID.
    • After registration, you will receive provisional credentials, including a registration number and password, sent to your registered mobile number and email ID.
  2. Uploading Scanned Documents:
    • Log in using the provisional credentials provided.
    • Upload your scanned photograph and signature in the specified format:
  3. Entering Personal Details:
    • After uploading the documents, enter your personal details such as name, date of birth, religion, and educational qualifications.
  4. Preview Application:
    • Review the LIC ADO application form to ensure all details are accurate before final submission.
  5. Uploading Additional Documents:
    • Upload your left thumb impression and handwritten declaration as specified by the authorities, following the given format.
  6. Payment:
    • Complete the application process by paying the examination fee online through the available payment modes.
  7. Print Application Form:
    • After successful submission, take a printout of the LIC ADO application form for your records and future reference.

Syllabus

The LIC ADO 2024 exam comprises multiple sections, each with a specific set of topics, as given below, that reflect the skills and expertise required for the position.

Section

Topics

Reasoning Ability

  • Syllogism & Inequality
  • Coding-Decoding
  • Blood Relation
  • Distance & Direction
  • Order and Ranking
  • Input-Output
  • Alphanumeric Series
  • Puzzle
  • Seating Arrangement (Linear and Circular)
  • Statement Conclusion
  • Statement Assumption
  • Data Sufficiency

English

  • Error Detection
  • Cloze Test
  • Passage Completion
  • Synonyms & Antonyms
  • Phrase/Connectors
  • Sentence Improvement
  • Idioms-Phrases
  • Word Usage
  • Single Fillers & Double Fillers
  • Reading Comprehension
  • Para-jumble

Numerical Ability

  • Average
  • Permutation & Combination
  • Partnership
  • Age
  • Compound Interest (CI) & Simple Interest (SI)
  • Mixture Allegation
  • Ratio & Proportion
  • Boats & Streams
  • Mensuration
  • Percentage
  • Time & Work
  • Data Sufficiency
  • Profit & Loss
  • Speed, Time & Distance
  • Data Interpretation

General Knowledge

  • National Current Affairs
  • Capital & Currency
  • Obituaries
  • Awards & Honors
  • Index & Reports
  • Budget & Monetary Policy

Insurance Marketing

  • Insurance Market Awareness:
 
  • Introduction and Life Insurance History
  • General Insurance History
  • Types of Insurance
  • Indian Insurance Market
  • Insurance Current Affairs
  • Insurance Ombudsman
  • Bancassurance
  • Current Insurance Schemes
  • Sector Insurance Companies
  • ULIP (Unit Linked Insurance Plan)
  • Glossary of Insurance Terms
  • Private Sector Insurance Companies
  • Abbreviations related to Insurance Industry
  • Employment State Insurance Scheme (ESIS)
  • Insurance Awareness
  • Schemes of Insurance such as PMFBY, PMJJBY, PMSBY
 
  • Financial Awareness:
 
  • Indian Financial Market
  • Derivative Markets and Private Investment
  • Primary Markets and Secondary Markets
  • Stock Markets and Bond Markets
  • Capital Markets and the Government
  • Insurance Industry
  • Mutual Funds
  • Regulatory Agencies
  • Role of Money Markets in the Financial System
  • Special Statutes of Certain Financial Intermediaries
  • Foreign Exchange Study of the Interbank Market
  • Financial Stability and Development Council
  • Establishment of FSDC
  • International Financial Organizations

Admit Card

The LIC ADO Prelims exam is a pivotal stage in the recruitment process for the position of Apprentice Development Officer. To participate, candidates must download their admit card, which is essential for gaining entry to the examination center. The admit card provides crucial information including the exam date, time, venue, and candidate details.

To ensure a smooth process for downloading the LIC ADO Prelims Admit Card, follow these steps:

  1. Access the LIC Official Website:
  2. Navigate to the Career Section:
    • On the homepage, locate and click on the “Career” section.
  3. Select LIC ADO Recruitment 2024:
    • Look for the “LIC ADO Recruitment 2024” link and click on it.
  4. Find the Admit Card Link:
    • Locate and click on the link for “LIC ADO Prelims Admit Card 2024”.
  5. Enter Login Details:
    • You will be redirected to a new page where you need to input your login credentials and captcha code.
  6. Submit and View Your Admit Card:
    • Click the “Submit” button. Your LIC ADO Prelims Admit Card will be displayed on the screen.
  7. Download and Print:
    • Download the admit card and take a printout for your examination.

By following these steps, you can easily obtain your LIC ADO Prelims Admit Card and ensure you’re prepared for the exam