Competitive Exams in Insurance Sector

Last Modified on : 22 Jul 2024

The Insurance sector is expanding at a fast pace and so are the career opportunities in the industry. If you have communication skills, selling skills, and you are good with numbers, you can go for the opportunities in the Insurance sector and build a shining career. You can join as an Administrative Officer, Development Officer, Insurance/Sales Agent, Underwriter, Investment professional, etc. The job profiles in the Insurance sector mainly includes selling insurance policies, helping the clients’ in selecting the best policy, maintaining policies, keeping the clients aware of the new policies, etc. Thus, you need to have good interpersonal skills for the job.

Here we are listing various competitive examinations that you can take to enter the insurance industry. We have covered the exams conducted by the most trusted brand in the country i.e. Life Insurance Corporation (LIC) of India. However, more exams will be added shortly.

Life Insurance Corporation Assistant Administrative Officer (LIC AAO) Exam

The LIC AAO profile generally involves administrative work such as analysing the current schemes, planning new policies, communicating across departments, claim processing, etc. The career prospects include being promoted to Administrative Officer post and subsequently to Assistant Branch Manager, and Branch Manager. The promotions will depend upon your performance. Thus, joining LIC as an AAO offers good opportunities. Candidates can appear for the recruitment process conducted by the corporation. The exam is conducted for posts in different disciplines viz. Generalist, Chartered Accountant, Rajbhasha, IT and Actuarial. Further details of the LIC AAO exam are as under:

Conducted For: Appointment at Assistant Administrative Officer (AAO) post

Occurrence/Schedule: Once a year

Exam Mode: Online (Computer Based Test)

Eligibility: Bachelor’s or Master’s degree as per the post

Read more for complete details such as eligibility, exam pattern, syllabus, and more.

Life Insurance Corporation Apprentice Development Officer (LIC ADO) Exam

The LIC ADO exam is conducted for recruitment of Apprentice Development Officers for various zones of the LIC. The post offers a good salary and career prospectus; thus, a suitable entry point to join the Insurance industry. It mainly involves sales supervision. They are responsible for training the sales agents about the LIC products and keeping track of their performance. In the probation period, the candidates selected for the ADO post are required to go through theoretical and field sales training. The applications for the exam are also invited from LIC agents and employees along with the open market candidates. Interested candidates must check out complete details on the exam structure here.

Conducted For: Appointment at Apprentice Development Officer (ADO) post

Occurrence/Schedule: Once a year

Exam Mode: Online (Computer Based Test)

Eligibility: Bachelor’s Degree

Find detailed information on the upcoming exam, application process, vacancy details here.

Keep visiting the page for updates on insurance sector recruitments.