Vacancy, Eligibility details about LIC AAO (Actuarial) Recruitment 2014
Vacancy: There are total 30 vacancies available. The category-wise vacancies are- SC 4, ST 2, OBC 8, Gen 16.
Age Limit: Between 21-30 years as on 01.03.2014.
Scale of Pay: The pay scale for LIC AAO posts will be of Rs. 17240- 840(14) –29000– 910(4) – 32640. The initial salary will be approximately Rs 36,805 per month in ‘A’ Class city.
Probation Period: Minimum 1 year, but it may be extended up to 2 years.
Guarantee Bond: Rs. 2 lakhs.
Educational Qualification: Applicants must have compulsorily passed CT1 and CT5 plus 4 or more other papers of the examination conducted by the Institute of Actuaries, London/Actuarial Society of India.
Syllabus, Exam Pattern, Selection Procedure for LIC AAO recruitment vacancies
Syllabus and Pattern of Exam : There will be an online test of 200 marks. The following sections are in the online exam-
- Reasoning Ability - 100 marks (40 questions)
- Numerical Ability - 100 marks (40 questions)
- English Language - 40 questions
There is section cutoff marks in reasoning and numerical ability. But in English language test, there is no sectional cutoff. This test is qualifying in nature.
After qualifying in online test, shortlisted candidates will be called for interview.
Selection Process: Candidates will be provisionally selected through online exam and interview. In interview, candidates have to obtain only minimum qualifying marks.
How to apply for LIC AAO (Actuarial) 2014 recruitment
Application Fees: Rs. 50 for SC/ST/PWD candidates and Rs. 500 for all other candidates including OBC category.
Application Process: Candidates are required to apply through online mode of application. For more details about online application process, read out the official notification of LIC AAO (actuarial) recruitment 2014.
For online registration, important guidelines, check here.
Important Dates:
Online Application/ Online Payment starts from - 20.03.2014
Last date of Online Registration and Online Payment - 06.04.2014
Call Letter for Online Exam will be available - 1st week of May, 2014
Tentative Date of Online Exam - 11.05.2014
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