LIC CRO Recruitment 2022: Check Vacancies, Qualification and How to Apply

LIC CRO Recruitment 2022: Check Vacancies, Qualification and How to Apply

Dimple Gupta | Dec 7, 2022 |

LIC CRO Recruitment 2022: Check Vacancies, Qualification and How to Apply

LIC CRO Recruitment 2022: Check Vacancies, Qualification and How to Apply

LIC Recruitment 2022: Life Insurance Corporation (LIC) is hiring eligible candidates for the post of Chief Risk Officer. As per the official LIC Recruitment 2022 notification, there is only 1 vacancy for this post. The recruitment will be on a contractual basis.

The last date for application submission is 23rd December 2022. Appointment of selected candidates is subject to his/her being declared medically fit as per the requirement of the Corporation. Such appointment will also be subject to the “Terms & Conditions of LIC’s Policy on Fixed Term Engagement on Contract Basis.” The decision of the Corporation in all matters regarding eligibility, selection, etc. would be final and binding on the candidates. The Corporation will entertain no representation or correspondence in this regard. LIC reserves the right to cancel the above recruitment process at any stage without assigning any reason. Any legal proceedings in respect of any matter of claim or dispute arising out of this advertisement and/ or an application in response thereto can be instituted only in Mumbai and courts/ tribunals/ forums in Mumbai only shall have sole and exclusive jurisdiction to try any cause/ dispute.

Table of Content
  1. Name of the Post for LIC Recruitment 2022:
  2. Eligibility Criteria for LIC Recruitment 2022:
  3. Age Limit for LIC Recruitment 2022:
  4. Duration for LIC Recruitment 2022:
  5. Nature of Engagement for LIC Recruitment 2022:
  6. How to Apply for LIC Recruitment 2022:

Name of the Post for LIC Recruitment 2022:

Life Insurance Corporation (LIC) is recruiting for the post of Chief Risk Officer.

Eligibility Criteria for LIC Recruitment 2022:

Qualification:

  • Graduate from a reputed University preferably with credible certification in Risk Management.
  • MBA or a relevant higher degree is a definite plus.
  • Preference will be given to the candidates who have done courses related to Insurance and Risk Management viz—Financial Risk Manager (FRM).

Experience:

  • 10 years experience in the Insurance field in Economics/Finance/Actuarial Science/ Law/Accounting/Risk Management.
  • Out of the above, at least 5 years of experience in Risk, Governance, and Auditing.
  • Excellent Knowledge of technology, network, and systems.
  • The ideal candidate will be accomplished and recognized professional with a solid market reputation.
  • Excellent understanding of current and emerging issues in Insurance, Asset Management, Broader Financial Services, Credit and Market Risk Management methodology, Operational Risk Management, and related Regulatory Environment.
  • Should have played a leadership role either as a leader in Risk Management or at N minus 1 level in Financial Services, preferably in the Insurance Sector.
  • Track record of navigating highly regulated, customer-focused, compliance-oriented environments of similar scale or complexity.
  • Experience working in a large-scale business/team.

Age Limit for LIC Recruitment 2022:

The upper age limit for this recruitment shall not be more than 45 years.

Duration for LIC Recruitment 2022:

The duration for this recruitment will be for a period of 3 years, renewable yearly at the sole discretion of LIC.

Nature of Engagement for LIC Recruitment 2022:

For this recruitment, the contract will be for a period of 3 years renewable yearly or for a lesser period subject to satisfactory performance at the discretion of the Corporation. The contract can be terminated at one month’s notice on either side.

How to Apply for LIC Recruitment 2022:

  • Candidates to go to the official website, go to the Bottom-Links/careers and select “Engagement of CRO”.
  • Candidates have to click on the option “APPLY ONLINE” which will open a new screen.
  • To register application, choose the tab “Click here for New Registration” and enter your Name, Contact details and Email-id. A Provisional Registration Number and Password will be generated by the system and displayed on the screen. Candidate should note down the Provisional Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent.

To Read the Official Notification – Click Here

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