What is LIC AO ?
LIC AO stands for Life Insurance Corporation Administrative Officer. It is a position within the Life Insurance Corporation of India (LIC), one of the largest insurance companies in India. The LIC AO is responsible for various administrative and managerial tasks related to insurance operations, including policy underwriting, claims management, marketing, and customer service. They play a vital role in managing and supervising the overall functioning of LIC branches and ensuring compliance with regulatory guidelines. The LIC AO position offers a challenging and rewarding career opportunity in the insurance sector.
| Term | LIC AO (Administrative Officer) |
|---|---|
| Full Form | Life Insurance Corporation Administrative Officer |
| Organization | Life Insurance Corporation of India (LIC) |
| Job Role | Administrative and Managerial Tasks in Insurance Operations |
| Responsibilities | Policy underwriting, claims management, marketing, customer service, branch management, compliance, etc. |
| Eligibility Criteria | Bachelor’s degree (varies for different specializations) |
| Age Limit | Usually between 21 to 30 years (age relaxation applicable for reserved categories) |
| Exam | LIC AO Exam (Conducted by LIC) |
| Selection Process | Preliminary Exam, Main Exam, Interview, and Medical Examination |
| Pay Scale | Varies as per the position and experience level |
| Career Growth | Opportunities for promotions and higher positions within LIC |
| Official Website | https://www.licindia.in/ |
Educational Qualification
For Generalist: A candidate must possess a Bachelor’s degree in any discipline from a recognized university.
For Specialist Positions (such as IT, Chartered Accountant, Actuarial, Legal, etc.): The educational qualifications may vary depending on the specialization. Candidates are typically required to have a Bachelor’s degree or equivalent qualification in the respective field.
Exam Paper Pattern
The LIC AO (Administrative Officer) exam pattern typically consists of three stages:
1. Preliminary Exam
2. Main Exam
3. Interview
Preliminary Exam
| Section | Number of Questions | Maximum Marks | Duration |
|---|---|---|---|
| English Language | 30 | 30 | 20 minutes |
| Reasoning Ability | 35 | 35 | 20 minutes |
| Quantitative Aptitude | 35 | 35 | 20 minutes |
| Total | 100 | 100 | 60 minutes |
- The LIC AO Preliminary Exam is conducted online (computer-based).
- The exam consists of multiple-choice questions (MCQs).
- Each correct answer carries 1 mark.
- There is a penalty for wrong answers, with a deduction of 0.25 marks for each incorrect response.
- Candidates must achieve the minimum qualifying marks to be eligible for the Main Exam.
Main Exam
| Section | Number of Questions | Marks | Duration |
|---|---|---|---|
| Reasoning Ability | 30 | 90 | 120 mins |
| General Knowledge, Current Affairs | 30 | 60 | |
| Professional Knowledge (related to chosen specialization) | 30 | 90 | |
| Insurance and Financial Market Awareness | 30 | 60 | |
| Data Analysis and Interpretation | 30 | 90 | |
| Descriptive English (Essay Writing and Letter/Paragraph Writing) | – | 25 | |
| Total | 150 | 415 |
- Each question in the objective-type sections carries 1 mark.
- There is a negative marking of 0.25 marks for each incorrect answer in the objective-type sections.
- The descriptive section is evaluated separately and does not have negative marking.
- The descriptive section generally involves Essay Writing and Letter/Paragraph Writing.
- The duration of the Main Exam may vary, but it is typically around 2 hours.
- Candidates are required to qualify in each section and secure the minimum overall cutoff marks.
Interview
- Candidates who qualify in the Main Exam are shortlisted for the Interview stage.
- The Interview assesses the candidate’s communication skills, personality, knowledge, and suitability for the role of LIC AO.
- The Interview carries a specific weightage in the final selection process.
LIC AO Syllabus
Preliminary Exam Syllabus
| Section | Syllabus |
|---|---|
| English Language | Reading Comprehension, Cloze Test, Error Spotting, Sentence Improvement, Para jumbles, Fill in the blanks, Vocabulary, Grammar |
| Reasoning Ability | Coding-Decoding, Syllogism, Blood Relations, Inequality, Seating Arrangement, Puzzles, Direction sense, Alphanumeric Series, Ranking, Input-Output, Verbal Reasoning |
| Quantitative Aptitude | Simplification, Number Series, Data Interpretation, Quadratic Equations, Average, Percentage, Ratio and Proportion, Time and Work, Time and Distance, Profit and Loss, Simple and Compound Interest |
Main Exam Syllabus
| Section | Syllabus |
|---|---|
| Reasoning Ability | Seating Arrangement, Puzzles, Data Sufficiency, Blood Relations, Direction Sense, Inequality, Syllogism, Input-Output, Coding-Decoding, Verbal Reasoning, Analytical Reasoning |
| General Knowledge and Current Affairs | Banking Awareness, Financial Awareness, Static GK, Current Affairs (national and international), Awards and Honors, Sports, Books and Authors, Important Days |
| Professional Knowledge (related to specialization) | Insurance and Risk Management, Financial Accounting, Management and Marketing, Legal Aspects, Insurance Products, Underwriting and Claims, Investment, Basic knowledge of computers |
| Insurance and Financial Market Awareness | Insurance and Risk Management, Types of Insurance, Insurance Terminology, Financial Markets, Banking and Financial Awareness |
| Data Analysis and Interpretation | Data Interpretation, Data Sufficiency, Number Series, Data Analysis, Approximation, Quadratic Equations, Arithmetic Problems |
| Descriptive English | Essay Writing, Letter Writing, Precis Writing, Paragraph Writing, Reading Comprehension, Vocabulary, Grammar |
Salary Structure
| Component | Amount (Approximate) |
|---|---|
| Basic Pay | Rs. 32,795 – Rs. 62,315 (Varies by scale) |
| Dearness Allowance (DA) | Based on the percentage of the basic pay |
| House Rent Allowance (HRA) | Varies based on the location of posting |
| City Compensatory Allowance (CCA) | Varies based on the location of posting |
| Special Allowance | 7.75% of the basic pay |
| Other Allowances | Includes conveyance allowance, medical allowance, etc. |
| Gross Salary | Approximate range: Rs. 56,000 – Rs. 85,000 |
| Pension, Gratuity, and other benefits | As per the rules and regulations of LIC |
Frequently Asked Questions
What is LIC AO?
LIC AO stands for Life Insurance Corporation Administrative Officer. It is a managerial role in the Life Insurance Corporation of India (LIC) responsible for various administrative and managerial tasks related to insurance operations.
How can I apply for LIC AO?
Candidates can apply for LIC AO through the online application process on the official LIC website. They need to fill out the application form, upload necessary documents, and pay the application fee as per the instructions provided.
Is there any negative marking in LIC AO exams?
Yes, there is usually a provision for negative marking in LIC AO exams. For each incorrect answer, a certain fraction of marks (e.g., 1/4th or 1/3rd) is deducted as per the exam pattern.
Can I apply for LIC AO in multiple specializations?
No, candidates can only apply for LIC AO in a specific specialization or category as mentioned in the official notification. The specialization is chosen at the time of application.
What is the job profile of LIC AO?
As an LIC AO, the job profile involves tasks such as policy underwriting, claims management, marketing and sales of insurance products, customer service, branch management, supervising administrative operations, ensuring regulatory compliance, and promoting business growth.
What is the career growth opportunity for LIC AO?
LIC AO offers good career growth opportunities. After gaining experience and proving competence, an AO can be promoted to higher-level positions such as Divisional Manager, Zonal Manager, Regional Manager, and ultimately, even become Chairman of LIC.
