Insurance Exam
Introduction of Insurance Exam
The insurance sector in India offers a variety of career opportunities through competitive examinations conducted by prominent organizations such as the Life Insurance Corporation of India (LIC), New India Assurance Company Limited (NIACL), National Insurance Company Limited (NICL), Oriental Insurance Company Limited (OICL), United India Insurance Company (UIIC), and the Insurance Regulatory and Development Authority of India (IRDAI). Below is a comprehensive overview of major insurance exams, including their eligibility criteria, exam patterns, and other pertinent details.
Exam | Conducting Body | Eligibility Criteria | Exam Pattern | Age Limit |
---|---|---|---|---|
LIC AAO (Assistant Administrative Officer) | Life Insurance Corporation of India (LIC) | Bachelor’s degree in any discipline | Prelims, Mains, Interview | 21-30 years (Relaxation as per category) |
LIC ADO (Apprentice Development Officer) | LIC | Bachelor’s degree in any discipline | Prelims, Mains, Interview | 21-30 years (Relaxation as per category) |
LIC HFL (Housing Finance Limited) | LIC | Bachelor’s degree (Assistant/Associate), MBA (Assistant Manager) | Online Test, Interview | 21-28 years |
NIACL AO (Administrative Officer) | New India Assurance Co. Ltd. | Bachelor’s/Master’s degree in any discipline | Prelims, Mains, Interview | 21-30 years |
NIACL Assistant | NIACL | Bachelor’s degree in any discipline | Prelims, Mains, Regional Language Test | 21-30 years |
NICL AO (Administrative Officer) | National Insurance Co. Ltd. | Bachelor’s degree in any discipline | Prelims, Mains, Interview | 21-30 years |
OICL AO (Administrative Officer) | Oriental Insurance Co. Ltd. | Bachelor’s degree in any discipline | Prelims, Mains, Interview | 21-30 years |
UIIC AO (Administrative Officer) | United India Insurance Co. Ltd. | Bachelor’s degree in any discipline | Prelims, Mains, Interview | 21-30 years |
IRDAI Exam (Assistant Manager) | Insurance Regulatory & Development Authority of India (IRDAI) | Bachelor’s degree in relevant field | Prelims, Mains, Interview | 21-30 years |
General Exam Pattern for Most Insurance Exams:
Phase | Sections Covered | Duration |
---|---|---|
Prelims | Reasoning, Quantitative Aptitude, English Language | 1 hour |
Mains | General Awareness, English, Reasoning, Quantitative Aptitude, Professional Knowledge (if applicable) | 2-3 hours |
Interview | Personal interaction assessing professional and general knowledge | Varies |
Key Notes:
- There is a negative marking of 0.25 marks for incorrect answers in most exams.
- Candidates should regularly check official websites for notifications and updates.
- Proficiency in the local language may be required for some assistant-level positions.
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