Company Description The Life Insurance Corporation of India (LIC) is a government-owned life insurance corporation established in 1956, headquartered in Mumbai, Maharashtra. LIC is a leading organization in India's life insurance sector, offering products such as life and health insurance, pension plans, ULIPs, group schemes, and micro insurance. With an extensive network of branches and agents across India and overseas, LIC serves a wide range of resident and non-resident customers. The organization focuses on financial protection and long-term savings solutions tailored to diverse customer needs. LIC provides a stable, mission-driven environment for professionals interested in building careers in financial services and insurance.
Role Description This is a full-time, on-site Insurance Financial Advisor role based in Vadodara. The Insurance Financial Advisor will meet with prospective and existing clients to understand their financial goals, risk profiles, and protection needs, and recommend suitable LIC insurance and investment products. Responsibilities include preparing financial and retirement plans, explaining policy features and benefits, assisting clients with documentation and applications, and providing ongoing policy servicing and support. The role involves prospecting and networking to expand the client base, conducting follow-ups and periodic reviews of client portfolios, and maintaining accurate records in line with LIC standards. The Insurance Financial Advisor will also stay updated on LIC products, market trends, and regulatory guidelines to provide informed, compliant advice.
Qualifications
- Strong foundation in Finance and Insurance concepts, with the ability to explain them clearly to clients.
- Skills in Financial Planning and Retirement Planning to develop goal-based and long-term protection strategies.
- Knowledge of Investments and related risk-return considerations to complement insurance solutions.
- Excellent communication, interpersonal, and client relationship-building abilities.
- Comfort with fieldwork, networking, and meeting sales and service targets.
- Basic proficiency with digital tools (e.g., spreadsheets, CRM or policy management systems).
- Bachelor's degree in finance, commerce, business, or a related field preferred; relevant certifications in insurance or financial planning are an advantage.
- Integrity, accountability, and a customer-centric approach, with willingness to adhere to LIC and regulatory guidelines.
