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Job Description
Company Description Life Insurance Corporation of India (LIC) is one of the oldest and most trusted life insurance institutions in India, with a legacy of more than a century of life insurance in the country. In a nation with one of the largest populations in the world, LIC is committed to increasing awareness about the importance of life insurance and financial protection. Through its wide range of products, LIC helps individuals and families secure their futures and plan for long-term financial stability. The organization emphasizes protection with life and after life, focusing on both present needs and future security. LIC offers a strong brand reputation, extensive reach, and meaningful opportunities for professionals looking to build careers in insurance and financial services.
Role Description The MDRT role at LIC is a full-time, on-site position based in Vadodara. The role involves advising clients on suitable life insurance and financial products, understanding their needs, and helping them plan for long-term protection and wealth creation. Day-to-day responsibilities include meeting prospective and existing policyholders, explaining LIC products, completing applications and documentation, and ensuring excellent service throughout the policy lifecycle. The MDRT professional is expected to achieve and maintain high sales and service standards, follow regulatory and company guidelines, and participate in training and development programs. The role also requires proactive prospecting, networking within the community, and building lasting relationships to grow a strong and sustainable client base.
Qualifications
- Strong communication, presentation, and interpersonal skills, with the ability to build trust and long-term relationships with diverse clients.
- Sales and customer service acumen, including goal orientation, negotiation skills, and a focus on delivering high-quality client experiences.
- Basic financial literacy and understanding of life insurance, savings, and protection products; willingness to learn LICs product portfolio in depth.
- Organizational and time management skills, including the ability to manage multiple client interactions, follow up consistently, and maintain accurate records.
- Comfort working in an on-site, client-facing role in Vadodara, with readiness for fieldwork, local travel, and community outreach.
- Minimum educational qualification typically at the higher secondary level or above; a bachelors degree in business, finance, or a related field is an advantage.
- Ethical mindset, adherence to regulatory and company standards, and commitment to ongoing professional development; prior experience in insurance or financial services is a plus.
Skills
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About Company
Life Insurance Corporation of India (LIC) is India's largest life insurer and a state-owned financial institution, established on 1 September 1956 under the Life Insurance Corporation Act passed by Parliament that June. It was formed by nationalising and merging 154 Indian life insurers, 16 foreign companies and 75 provident societies.
Headquartered in Mumbai, Maharashtra, LIC offers life insurance, pension and investment products through a nationwide branch and agency network, and employs close to 100,000 people. The corporation listed on the NSE and BSE in 2022 while remaining majority-owned by the Government of India.
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