If you are looking for a career in the life insurance sector then applying for the LIC ADO examination is one of the best choices available. An exam is conducted to hire the ADO or the Apprentice Development Officers across the entire country. The preliminary examination is the first step towards LIC-ADO.
The LIC ADO Admit Card is issued to the LIC agents and the LIC employees as well as in the open market. The examination is tough but the career prospects are great. It thus makes sense to concentrate on this exam and prepare well to pass the examination and to be recruited by the Life Insurance Corporation of India.
Things to keep in mind
One must apply for this post before the last registration date. This will ensure that you do not miss out on the date. Make sure to keep the track of deadline to appear in this examination of application as LIC notifies the dates on its website.
Roles and responsibilities
It is a privilege to work in this LIC as it is a state-owned company. LIC ADO is considered to be one of the best entry-level jobs in the Indian insurance sector. The job is much in demand and every year lakhs of candidates apply for this examination.
There are several opportunities as an LIC-ADO and the post lets the professional learn almost everything about the insurance sector. It’s a good opportunity where the chances of growth are ample, both personally and professionally.
The LIC ADO is an abbreviation for the apprentice development officer who works in the insurance sector. However, this job involves a slot of initial base work. This means that as an LIC ADO officer one will be working in marketing and would learn the practicalities of sales in the insurance sector.
Here are some of the roles that the LIC ADO performs:
- Managing files of claims and settlements.
- Interaction with various clients.
- Inspection of policies existing for any misleading facts and errors.
- Devising new schemes for the company that should either be replaced or strengthened.
- Coordination with the various insurance departments to work on issues that are related but limited to settlements, claims, guidance, and policy revisions.
- If needed, traveling to specialized territories for duty.
Salary of the LIC ADO
In the apprentice period, the LIC ADO is paid a fixed monthly stipend as per the organization rules. The one under the LIC employee category, however, earns a different stipend amount.
Career growth as a LIC ADO
LIC ADO is not a cakewalk but a challenging and well-paid job.
It does pay to plan well and prepare for the exam so that one can rise to a higher level in this premier insurance company of India. As the seniors keep retiring the juniors get to climb the ladder of success. There are excellent promotion opportunities for the LIC ADOs within the organization.
The LIC ADO exam
LIC invites online applications for the post of the LIC ADO each year. This is a valued government-owned company in the insurance sector in India. Insurance sector aspirants find the LIC ADO the best way to enter into this organization.
The LIC ADO plays a big role in supervising and selecting individuals as a life insurance agent. The LIC ADO examination is conducted at the national level. There are three stages to this exam; the preliminary exam, the mains, and the personal interview.
Criteria to appear for the LIC ADO exam
There are different eligibility criteria to appear in the LIC ADO examination. The candidate should be between 21 to 30 years of age. Candidates coming from other categories with relevant experience in their field are given some age relaxation.
To appear for the LIC ADO exam one needs to have a bachelor’s degree in any discipline.