Insurance Exam 2019: Notifications, Exam Dates, Result

| Updated On December 16th, 2019 at 04:13 pm

Insurance is the fastest growing sector which provided various employment options to the job seekers. There are many exams that are conducted for various post. This sector has gain more popularity among aspirants in the past years. Insurance sector provides various advancement opportunities to the students looking out for a bright career in insurance field.

Insurance regulatory and development authority is the main organizing body which is responsible for maintaining the growth of this sector. Every year many exams under insurance sector are conducted where a number of aspirants take part. Job profile in this sector involves purchasing and maintaining of various financial and administrative services. Insurance exams are alike banking exams but knowledge of financial terms is must if you are appearing for any type of insurance sector exams.

Firstly, one should know that there are two types of insurance companies.

1. Life Insurance Companies: Companies which provide life coverage.

2. Non-Life Insurance Companies: Companies which provides coverage to our daily living like travel, health, our car and bikes, and home insurance

In this article we will discuss on the various exams held under insurance sector for recruitment purpose.

  1. NIACL
  2. NICL
  3. GIC
  4. OCIL
  5. LIC ADO

Life Insurance Company (LIC): LIC is responsible for conducting exams like

  • LIC ADO
  • LIC HFL
  • LIC AAO

Exam pattern for all the three exams is similar followed by an interview round. In total there are three levels, prelims which is qualifying in nature. Mains, on the basis of which merit list s drawn and students are called for the final interview round (if applicable). There is negative marking in the exam so students appearing for any of the exam must take care of the wrong answers. For more details keep a check on LIC official website.

LIC ADO: Students under this recruitment apply for apprentice development officer. The recruitment for this exam is over now. It was released after 4 years in 2019. Candidates can keep a check on the official site for further updates from LIC. Complete details by LIC is given in the official notification about vacancies, exam pattern, marking scheme etc.

Check the vacancy, name of post for the LIC ADO past recruitment.

LIC ADO Recruitment
Recruitment Year 2015 2019
Organizing Body Life Insurance Corporation of India
Post Apprentice Development Officer
Vacancies 363 8,581
Official Notification Date June 1, 2015 May 20, 2019
Mode of Exam Online

Exam pattern, LIC ADO: This exam is divided into four levels.

  • Preliminary Exam
  • Mains Exam
  • Interview
  • Medical test

Click here for LIC ADO Detailed Syllabus

The recruitment depends upon the requirement of the organization. Employees working in LIC can also apply for the same and they do not have to appear for the prelims exam.

LIC specify the detailed eligibility criteria along with the official notification. Check the requirements to be fulfilled before you apply for the LIC ADO exam.

  1. Nationality: Candidate should be a citizen of India
  2. Age Limits: Candidate must be between 21 years and 30 years of age.
  3. Experience: Candidates applying for LIC ADO exam need to be experienced for a minimum of 2 years. The experience required differs for candidates to apply for different posts.
  4. Educational Qualification:  Degree of graduation, or as mentioned in the official notification.

LIC AAO: This exam is conducted by LIC for the post of Assistant Administrative Officer. Recruitment is not held annually, but as required by the company.

Check the LIC AAO vacancies, mode of exam etc.

LIC AAO Recruitment
2016 2019
Organizing Body Life Insurance Corporation of India
Post Assistant Administrative Officer
Vacancies 700 590
Official Notification December 15, 2015 March 2, 2019
Mode of Exam Online Online

The LIC AAO recruitment for 2019 is being conducted for different post and specializations. The categories of LIC AAO Exam are as follows:

  1. LIC AAO (Generalist)
  2. LIC AAO (IT)
  3. LIC AAO (CA)
  4. LIC AAO (Actuarial)
  5. LIC AAO (Rajbhasha)

Last time in the year 2016 there were only three levels in the LIC AAO recruitment process whereas in 2019, a new level was added in the examination process to make it difficult for the aspirants to get selected as LIC AAO.

  1. Preliminary Exam
  2. Mains Exam
  3. Interview
  4. Pre-Recruitment Medical Exam

Check LIC AAO Syllabus and exam pattern.

LIC AAO, Eligibility Criteria

  1. Nationality: He should be a citizen of India
  2. Age Limit: Candidate must be between 21 and 30 years of age.
  3. Educational Qualification: Candidate must hold a Bachelor’s degree from any Government recognized University. The education qualification is different for candidates to apply for different specializations.

For more details visit LIC official website.

LIC HFL: Housing finance limited recruits a number of aspirants for different post every year. It is the fastest growing finance company in India. The main objective of the LIC HFL is to provide housing loans for long term.

Post held by LIC HFL are as follows:

  1. LIC HFL Associate
  2. LIC HFL Assistant
  3. LIC HFL Assistant Manager

The LIC HFL exam was conducted in the year 2018. Check the LIC HFL detailes for the year 2018 and 2019.

LIC HFL Exam Recruitment 2018 LIC HFL Exam Recruitment 2019
2018 2019
Organizing Body Life Insurance Corporation Of India Life Insurance Corporation Of India
Official Notification August 2018 August 8, 2019
Vacancy 300 300
Salary Rs. 22257/- (Assistant)Rs. 33498/- (Associate)

Rs. 52200/- (Assistant Manager) (approx for all post)

Rs. 23870/- (Assistant)Rs. 35960/- (Associate)

Rs. 56000/- (Assistant Manager)

(approx for all post)

There are three stages in clearing LIC HFL Exam

  • Written Exam
  • Interview Round
  • Medical test

Check LIC HFL detailed syllabus

Check LIC HFL Eligibility Criteria

  1. Nationality: Candidate must be an Indian citizen
  2. Age limit: Candidate must be between 21 and 30 years of age.
  3. Educational Qualifications: Graduate from any Government recognized University in any discipline. Candidates applying for Associate must be intermediate in CA.

NIACL Assistant: No notification for the year 2019 has released by the concerned company. Last notification for the NIACL Assistant was released in the year 2018. Check the vacancies and other details for the year 2017 and 2018.

NIACL Exam Recruitment
2017 2018
Organizing Body New India Assurance Company Limited
Post Assistant
Vacancies 976 653
Official Notification March 4, 2017 July 13, 2018
Mode of Exam Online

Check Eligibility Criteria for NIACL Assistant

  1. Nationality: Candidate must be a citizen of India.
  2. Age Limit: Aspirants between 18 years and 30 years of age can apply for the post.
  3. Educational Qualification: Candidate must be a graduate from any Government recognized University.

NIACL Administrative Officer: This exam is conducted for the post of administrative officer. Candidates willing to apply for the post needs to wait for the next recruitment as exam for the year 2019 is over now.

NIACL Administrative Officer Recruitment
2016 2019
Organizing  Body New India Assurance Company Limited
Post Administrative Officer
Vacancies 300 312
Mode of Exam Online
Official Notification October 10, 2016 December 5, 2018

This exam is conducted in Three phases

  • Preliminary exam
  • Mains Exam
  • Interview

Syllabus for preliminary exam in both generalist and specialist officer is same. Preliminary stage is qualifying in nature. Marks obtained in mains exam are considered for final selection.

The NIACL AO exam eligibility 2018 criteria are described briefly:

  1. Nationality: Must be a citizen of India. Candidates who are subject of Nepal or Bhutan can also apply.
  2. Age Limits: candidate must be minimum 21 years and maximum 30 years of age
  3. Educational Qualification: Candidate must be a graduate from any Government recognized University in any discipline for the Generalist category.

OICL: Oriental insurance cover limited conducts exam for the recruitment of eligible candidates whenever required.

OICL conducts recruitment for various posts, these posts include:

  1. Agents
  2. Assistant
  3. Administrative Officer (AO)

Among the three mentioned posts, OICL AO is one of the most sought after jobs in India. This job provides handsome salary, job profile and work duties.

OICL AO Rec recruitment
2015 2017
Organizing Body Oriental Insurance Corporation
Post Administrative Officer
Mode of Exam Online
Official Notification February 10, 2015 July 31, 2017
Vacancy 246 300
Salary Rs. 36,000 Rs. 51,000

The exam pattern for OICL AO has changed from the year 2015. The OICL AO 2017 recruitment was conducted in three stages:

  1. Preliminary Exam
  2. Mains Exam
  3. Interview

Merit list is drwan on the basis of marks obtained in mains exam and interview round. Documentation is the final step in the process.

The OICL AO eligibility criteria are as mentioned below:

Nationality: Candidate must be an Indian citizen.

Age Limits: The age limit for candidates must not be more than 30 years and should not be less than 21 years.

Educational Qualifications: The candidate must be a graduate in any discipline for applying in OICL AO Generalist category.