What is the Salary of an Apprentice Development Officer at LIC INDIA?

Basic Pay:

• During the apprentice period, candidates receive a basic pay of ₹21,865 per month.

Apprentice Development Officer (ADO) at Life Insurance Corporation of India (LIC), you'll enjoy several benefits that support your well-being and make your work experience better:

• Housing Assistance:
  • While LIC doesn't directly provide housing, they offer competitive salaries and benefits that can indirectly help you with housing expenses.
• Transportation Allowance:
  • LIC may provide allowances to cover commuting costs, making it easier for you to travel to work.
• Wellness Programs:
  • LIC cares about your well-being and may offer programs focusing on physical and mental health.
  • These programs might include gym memberships, stress management workshops, nutrition counselling, and more.
  • You might also receive a wellness stipend, allowing you to spend a fixed amount on wellness-related expenses like gym memberships or mental health apps.

Apprentice Development Officer (ADO) has an important role at the Life Insurance Corporation of India (LIC). Here's what they do:

• Agent Development and Management:
  • ADOs help the company's agents grow and develop.
  • They hire and train new agents to sell insurance policies well.
  • Keeping track of agent performance and ensuring they meet sales goals is a big part of their job.
• Sales Supervision:
  • ADOs mainly focus on supervising sales.
  • They look at how LIC agents are doing and help them improve their sales skills.
  • Making sure sales are done properly and ethically is very important.
• Policy Development and Customer Service:
  • ADOs help make new rules and policies for LIC.
  • They also deal with customer complaints and help policyholders after they buy insurance.
• Probationary Period:
  • When someone is hired as an LIC ADO, they start with a one-year probation period.
  • Depending on how well they do, this period can be longer.
• Compensation and Benefits:
  • LIC ADOs can earn around Rs 21,865 per month according to the 7th pay commission.
  • As they gain experience, they can earn more.
  • Besides good pay, LIC ADOs get medical coverage, gratuity, pension, and bonuses for good work.
• Additional Benefits:
  • ADOs also get benefits like group insurance, leave travel allowance (LTC), and sometimes even a mobile phone.