The Life Insurance Corporation of India LIC is excited to announce its Consultant Internship for fresher students in 2024. This internship offers a fantastic opportunity for students to gain valuable experience in the insurance sector while earning a stipend of Rs. 7,000 per month. If you’re looking to kickstart your career in consulting, this is the perfect chance!
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Table of Contents
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About the LIC
Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai. It is India’s largest insurance company as well as the largest institutional investor with total assets under management worth ₹52.52 trillion (US$630 billion) as of March 2024. It is under the ownership of the Government of India and administrative control of the Ministry of Finance.
The Life Insurance Corporation of India was established on 1 September 1956, when the Parliament of India passed the Life Insurance of India Act, nationalizing the insurance industry in India. Over 245 insurance companies and provident societies were merged.
LIC reported 290 million policyholders as of 2019, a total life fund of ₹28.3 trillion, and a total value of sold policies in the year 2018–19 of ₹21.4 million. The company also reported having settled 26 million claims in 2018–19. It ranked 98th on the 2022 Fortune Global 500 list with a revenue of ₹775,283 crore (equivalent to ₹8.2 trillion or US$98 billion in 2023) and a profit of ₹4,415 crore (equivalent to ₹47 billion or US$560 million in 2023).
Eligibility Criteria
LIC Offering Consultant Internship For Fresher Students.
Role and Responsibility
1. Calling potential clients and telling them about the benefits of the LIC agency
2. Following up and setting up meetings
3. Onboarding new recruits
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Perks of Consultant Internship
Flexible work hours
Informal dress code
Additional information
Stipend structure: This is a performance-based internship. In addition to the minimum-assured stipend, you will also be paid a performance-linked incentive (₹ 1000 per sale).
Duration
6 Months
Stipend
Rs. 7,000 /week + Incentives
Deadline Date
2 Nov 24
Location
India: Delhi
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How To Apply?
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