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LIC Recruitment March 2014 – 30 Assistant Administrative Officer (Actuarial)

Life Insurance Corporation of India are invited  applications for Recruitment to the post of Assistant Administrative Officer (Actuarial), as per the details given below.
Name of Post :- Assistant Administrative Officer (Actuarial)
No. of  Vacancies:- 30(UR – 16  SC – 4  ST – 2  OBC – 8)
Scale of Pay :- Basic pay of Rs. 17240 /- per month in the scale of Rs. 17240- 840(14) –29000– 910(4) – 32640 (Under Revision) and other admissible allowances as per rules. Total emoluments at the minimum of the scale inclusive of House Rent Allowance & City Compensatory Allowance wherever admissible depending upon the classification of the city will be approximately Rs 36,805/- per month in ‘A’ Class city. Other benefits are Defined Contributory Pension, Special Allowance for passing Actuarial Examination, Gratuity, LTC, Medical Benefit, Group Savings Linked Insurance (GSLI), Group Personal Accident Insurance, Group Insurance , Vehicle Loan (2-wheeler/4 wheeler) as per rules 
Qualification :- Candidates should have compulsorily passed paper CT1 and CT5
plus 4 or more other papers of the examination conducted by the
Institute of Actuaries, London/Actuarial Society of India. (Total 6 or
more papers) as on the date of eligibility i.e. 1st March, 2014.
Age:- Minimum Age shall be 21 years (completed) as on 1st March,2014. Maximum age shall not be more than 30 years( candidates must have been born not earlier than 02/03/1984 and not later than 01/03/1993 both days inclusive only are eligible ) (Relaxation = SC/ST - 5 years; OBC- 3 years; PH- 10 years;)
Examination Fee (Non-Refundable) :- For SC/ST/PWD candidates Rs.- Intimation Charges of Rs. 50/- plus Transaction Charges
For All other candidates Rs.- Application Fee-cum-Intimation Charges of Rs. 500/- plus Transaction Charges
Payment of Application Fee/Intimation Charges
(i) Candidates should carefully fill in the details in the Online Application at the appropriate places very carefully and click on the “SUBMIT” button at the end of the Online Application Format. Before pressing the “SUBMIT” button, candidates are advised to verify every field filled in the application.
The name of the candidate or his/her father/husband should be spelt correctly in the application as it appears in the certificate/mark sheet. Any change/ alteration found may disqualify the candidate. At the time of online examination, the acceptable identity proof should also bear the same name.
(ii) The application form is integrated with the payment gateway and the payment process can be completed by following the instructions therein.
iii) Payment can be made by using only Master/Visa Debit or Credit Cards or Internet Banking by providing information as asked on the screen.
iv) To pay fees/intimation charges through the online payment gateway after the upload of photograph and signature an additional page of the application form is displayed wherein candidates may follow the instructions and fill in the requisite details.
v) If the online transaction has been successfully completed, a Registration Number and Password will be generated which shall be preserved by the candidate for future reference.
vi) If the online transaction has not been successfully completed, then the following message is displayed “Your online transaction was unsuccessful. Please register again”. In case of unsuccessful registration the amount of fees debited will be refunded to the account in due course.
vii) On successful completion of the transaction, an e-receipt will be generated. Candidates are required to take a printout of the e-receipt.
viii) For Credit Card Users, all prices are listed in Indian Rupee. If you use a non-Indian Credit Card, your bank will convert to your local currency based on prevailing exchange rates.
ix) After submitting your payment information in the online application form, please wait for the intimation from the server. DO NOT press BACK or REFRESH button in order to avoid double charge.
x) To ensure security of your data, please close the browser window once your transaction is completed.
xi) Candidate will receive confirmation of registration by SMS/Email. There is also a provision to reprint the submitted application containing fee details.
xii) Candidates can log on for Registration of Applications on the dates mentioned under” Schedule of Events” on the Para 1 of this notification.
xiii) Candidates shall be solely responsible for filling up the online applications correctly. In case of invalid applications due to errors committed by the applicant no claims for refund of application money so collected shall be entertained by the Corporation.
xiv) To avoid last minute rush, candidates are advised to register on-line and pay the Application Fees /Intimation Charges (wherever applicable) in time.
How to Apply :- Interested & Eligible Candidates may Apply Online at below link   under the heading “Careers . No other means/mode of applications will be accepted.
1. Candidates satisfying the conditions of eligibility as on 01.03.2014 are required to log
in to the LIC’s website (www.licindia.in) and click on the “ Careers” to open the
link “ RECRUITMENT OF AAO(ACTUARIAL) 2014”, it redirects the candidates to
the on-line registration page. The candidate is required to keep details about bio-data ready to enable him/her to fill up the application form correctly. The name of the candidate or his/her father/husband etc. should be spelt correctly in the application as it appears in the certificate/mark sheets. At the time of online exam, the acceptable identity proof should also bear the same name.
2. Before applying online a candidate will be required to have a scanned (digital) image
of his/her photograph and signature as per the specifications given in Annexure- I.
3. In the event of the candidate not able to fill the data in one go, candidate can save the data already entered. When the data is saved, provisional registration number  and password will be generated by the system and displayed on the screen.
Candidate should note down the provisional registration number and password. Email/SMS indicating the provisional Registration Number and Password will be sent. Candidates can reopen the saved data using provisional Registration Number and Password and edit the particulars, if needed. The facility will be available for three times in all. Once the application is filled completely, candidate should submit the data and pay fees to complete the registration process.
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