LIC ADO - SPLessons

LIC ADO Roles and Responsibilities

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LIC ADO Roles and Responsibilities

shape Introduction

  • Life Insurance Corporation of India (LIC) releases an annual notification for the post of Apprentice Development Officer (ADO).

  • LIC has presented 8581 vacancies for LIC Apprentice Development Officer (ADO) 2019.

  • It is crucial to apply for the post before the last date of online registration. It is equally important to know the nature of the roles and responsibilities of an ADO before applying for the same.

shape LIC ADO

  • LIC is a state-owned insurance company. Therefore, working in LIC related field is a privilege.

  • One of the best entry-level jobs of the Indian insurance sector is that of LIC ADO. The job is highly demanding, and lakhs of candidates apply for the same annually.

  • There are numerous opportunities that ADO’s receive to learn everything they should about the insurance sector. This helps them to grow professionally as well as personally.

  • LIC ADO or Apprentice Development Officer also works in the Insurance Sector.

  • But this job involves a little bit of initial footwork.

  • The job profile of a LIC ADO is a mixed blend of marketing and tactical sales.

  • Managing and Filling Claims and Settlements.

  • Interacting with Specific Clientèle.

  • Inspecting existing policies for errors or misleading fact.

  • Devising new schemes for the company to either replace an existing one or strengthen it.

  • Coordinate with other departments in issues related claims, settlements, policy revision, guidance, etc.

  • Travel, if need be, to specific areas if duty calls.

  • During the apprentice period, the candidate selected as Apprentice Development Officer will be paid a fixed amount as stipend per month as per rules of the Corporation.

  • At present, the amount of stipend is about Rs.34,503/- per month, except in case of candidates selected from LIC Employees category.

  • A Probationary Development Officer at a specified Headquarter in the area will be placed in the scale of Rs. 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075 plus allowances and other benefits as per rules in force.

  • On appointment as a Probationary Development Officer, basic pay of Rs. 21,865/- per month (except for Employee Category candidates) in the scale of 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075 and other admissible allowances as per rules shall be payable.

  • It is now understood that the job of LIC’s ADO is not an easy one. Equally challenging is to find a well-paid job like ADO.

  • This does planning for such a career crucial. Planning right shall help an ADO rise as an echelon of India’s premier insurance company.

  • As the senior level retirements happen annually, recruits get an excellent opportunity to move up on the ladder of promotions.

Here is the career ladder that will reveal the promotion and growth path of the LIC ADO.