LIC AAO 2023 Mains Admit card Out: The Life Insurance Corporation of India released the Mains Admit card on 14 March 2023 for the post of Assistant Audit Officer (Generalist). Candidates who have appeared for the exam can check the result on the official website licindia.in. The Main is scheduled for 18 March 2023.
LIC AAO Latest News
14-March-2023: LIC AAO 2023 Mains Admit Card Out
10-March-2023: LIC AAO 2023 Preliminary Result link
17 & 20 February 2023: Prelims Exam Dates
10-February-2023: LIC AAO 2023 Prelims Admit Card Out
15-January-2023: Notification Released
31-January-2023: Application Process Closed
LIC AAO 2023 Notification
The Life Insurance Corporation of India has released the official LIC Assistant Audit Officer (Generalist) notification as well as tentative exam dates on their official website at licindia.in. The application link was activated on January 15, 2023. Earlier LIC also released the notification for LIC ADO 2023.
All the essential details, such as the vacancy, exam schedule, application and selection process, salary, and more, are included in the official notification.
Those who wish to apply for the post can check the given article to get complete details on the hiring procedure for AAO in the Life Insurance Corporation of India.
About LIC AAO Exam
The LIC AAO Exam is conducted by the Life Insurance Corporation of India for the recruitment of assistant audit officers. The selection of candidates for the LIC AAO is based on the preliminary exam, the main exam, followed by interviews, and the pre-recruitment medical examination.
After the selection process, candidates serve a probationary period of 1 year, which can be extended up to 2 years based on their performance. The work of the AAO is to formulate new schemes, manage claims and settlements, and inspect existing policies.
LIC AAO 2023 Important Dates
The tentative exam dates were released by the authorities with the notification. As per the schedule, the prelims exam will be conducted on 17 and 20 February 2023 while the main exam is scheduled for 18 March 2023. The list of important dates is provided in the given table.
| Event | Dates |
|---|---|
| Application Release | 15 January 2023 |
| Application Deadline | 31 January 2023 |
| Prelims Admit Card | One week prior to the exam |
| Prelims Exam | 17 February 2023(Tentative) 20 February 2023 |
| Prelims Result | 10 March 2023 (Result Link) |
| Main Exam | 18 March 2023 |
LIC AAO 2023 Vacancy Details
As per the notification, a total of 300 vacancies have been published. These vacancies are released category-wise. Let’s look at the vacancies that the Life Insurance Corporation of India has advertised.
| Post | UR | OBC | EWS | SC | ST | Total |
|---|---|---|---|---|---|---|
| Current Year | 112 | 70 | 27 | 46 | 22 | 277 |
| Backlog | – | 14 | – | 04 | 5 | 23 |
| Total | 112 | 84 | 27 | 50 | 27 | 300 |
Out of the 300 vacancies 22 are reserved for PWBD category based on their disability.
| Post | LD | VI | HI | ID/MD |
|---|---|---|---|---|
| Current Year | 3 | 3 | 3 | 3 |
| Backlog | 2 | 1 | 3 | 4 |
| Total | 5 | 4 | 6 | 7 |
LIC AAO 2023 Eligibility Criteria
Candidates must review the LIC AAO 2023 Eligibility Criteria before applying for the post of Assistant Audit Officer. Anyone who satisfies the AAO’s conditions, including those related to nationality (only Indian citizens are eligible), age limit, and educational requirement, may submit an application for the exam.
Education Qualification
Candidates who have completed their graduation in any discipline from a recognized university on or before January 1, 2023, are eligible to apply for the post.
LIC AAO 2023 Age Limit
- The age of candidates should not be less than 20 years.
- The upper age limit for candidates should not exceed 30 years.
- OBC category candidates can apply for up to 33 years, while OBC with ECO/SSCO can apply for up to 38 years.
- A 5-age relaxation will be given to SC/ST, ECO/SSCO (Gen) category applicants.
- Candidates with benchmark disabilities will get an age relaxation of 10 to 15 years, depending on their category.
LIC AAO 2023 Application Fee
The candidates have to submit the application/intimation charges online while filling out the application form. The application charges for various categories are as mentioned in the table below.
| Category | Application Fee |
|---|---|
| GEN/OBC | Rs.700+ GST |
| SC/ST/PwD/EWS | Rs. 85+ GST |
LIC AAO 2023 Application Process
Candidates who meet the eligibility criteria set by the authorities are advised to follow the given steps to fill out the LIC AAO 2023 application form. The application process consists of two parts. First, candidates have to complete their registration before they can fill out their applications.
- Visit the official website of LIC at licindia.in.
- On the home page, click on the “Career” option and find the link for AAO (Generalist) Recruitment 2023.,
- Find the option on “click here for new registration” and complete your registration with a valid email id and number to get the provisional login credentials.
- Now fill out the application form and upload the scanned copy of the required documents, including the passport-size photo, signature, and thumbprint.
- Review your application, then continue by paying the application fee.
- You can download the application form for reference after payment has been made.
LIC AAO 2023 Selection Process
Those who clear all the stages of the LIC AAO 2023 Selection Process will be appointed as Assistant Audit Officers (Generalists). The selection of candidates is determined by the following stages:
- Preliminary Exam
- Mains Exam
- Interview
- Pre-Recruitment Medical Exam
Stage I-Preliminary Exam
To select candidates for the main examination, the preliminary exam is given. 100 objective-type questions totalling 100 marks are included in the exam. There are three sections in the paper. For each section, candidates will have 20 minutes to complete it. For each incorrect response, 0.25 points are subtracted from the total score.
Stage II- Main Examination
The paper will consist of both objective as well as descriptive questions. Candidates get 120 minutes to finish the objective section and 30 minutes to complete the descriptive section. For every incorrect answer, ¼ marks are deducted.
Stage III- Interview
Those who meet the cutoff for the main examination are called for a personal interview. Personal, professional, current affairs and knowledge base questions are asked in this round to check the verbal communication skills and knowledge of an individual. The interview will consist of 60 marks. Each candidate needs to attain 30 points (UR/EWS/OBC) and 27 points (SC/ST/PWBD) to qualify for the interview round.
Stage IV – Medical Exam
The preliminary exam is conducted to shortlist the candidates. The final selection will be based on the performance of the mains and interviews. Selected candidates from the interview will undergo a medical test. Those who pass all of the rounds are appointed as LIC AAO.
LIC AAO 2023 Exam Pattern
The LIC AAO 2023 Exam pattern is divided into two parts prelims and mains. Candidates must review the exam pattern before appearing for the exam, as it will give them an idea about the nature of the exam.
Preliminary Exam Pattern
| Sections | Total Questions | Total Marks | Duration |
|---|---|---|---|
| Reasoning | 35 | 35 | 20 minutes |
| Numerical Ability | 35 | 35 | 20 minutes |
| English Language (qualifying exam) | 30 | 30 | 20 minutes |
| Total | 100 | 100 | 60 minutes |
Mains Exam Pattern
| Section | Total Questions | Total Marks | Duration |
|---|---|---|---|
| Reasoning | 30 | 90 | 40 minutes |
| General knowledge and current affairs | 30 | 60 | 20 minutes |
| Professional knowledge | 30 | 90 | 40 minutes |
| Insurance and financial market awareness | 30 | 60 | 20 minutes |
| Total | 120 | 300 | 120 minutes |
| English Language( Essay and letter writing) | 2 | 25 | 30 minutes |
LIC AAO 2023 Syllabus
Knowing the LIC AAO 2023 Syllabus will guide the candidate to make the study plan and LIC AOO 2023 preparation strategies in the appropriate direction. The subject-wise syllabus for Assistant Audit Officer (Generalist) is provided in this section.
- Reasoning: input-output, coding-decoding, setting arrangements, inequalities, puzzles, blood relations, syllogisms, alphanumeric series, logical reasoning, statement arguments and conclusions, direction test, order, and ranking.
- Quantitative aptitude: average, work and time, discount, time and distance, tangent, histogram, ratio and proportion, liner equations, percentage, interest, height and distance, mixtures and allegations, degree, and radian, trigonometric ratio, profit-loss, circle, and its cords, and angles.
- English: reading comprehension, synonyms, antonyms, sentence rearrangement, cloze test, fill-in-the-blanks, error spotting, phrases, and idioms, active passage, sentence correction, fillers, and vocabulary.
- General knowledge and current affairs: geography, economy, important days, Indian history and constitution, science and technology, commissions, national and international events, government schemes and policies, discovery and technology, and legislation.
- Insurance and financial market awareness: current banking news, history of law and insurance, terminology and derivation, laws and policies, financial institutes, and financial events.
LIC AAO 2023 Preparation Books
Candidates should start their preparation with the top LIC AAO 2023 preparation books. Apart from the preparation books, candidates also review the previous year’s exam papers and must take mock tests regularly in order to enhance their skills. Subject-wise preparation books are provided in the given table.
| Subject | Book Name | Author |
|---|---|---|
| English | English Grammer | Wren and Martin |
| Reasoning | Analytical Reasoning | M K Pandey |
| Quantative Aptitude | Quicker Mathematics | M.Tyra |
| General knowledge | Lucent General Knowledge | Lucent |
| Insurance and financial market awareness | Insurance Awareness: Basic concepts and tips | Gauri Sankar |
LIC AAO 2023 Admit Card
The admit card for the AAO exam will be available 7-8 days before the exam on the official website. All candidates who will appear in the exam must carry the admit card with a photo ID proof for verification.
The LIC AAO 2023 Admit card direct link to download the admit card will be updated soon after the release. Candidates can download their admit cards by following the steps outlined below. –
- Visit LIC’s official website at https://licindia.in/
- On the home page, click the “Career” option to access the “LIC AAO 2023 Admit Card.”
- A login page will appear on your screen. Enter your registration number and DOB and click on the “submit” button.
- The admit card will appear on your screen for downloading.
LIC AAO 2023 Result
The LIC AAO 2023 Prelims results will be made public Today by the Life Insurance Corporation of India. The outcome and merit list will be posted on licindia.in, the official website.
The result of the main exam and interview will be considered for selection. Those who will be selected will undergo a medical examination. Only those who clear the medical exam will be appointed as Assistant Audit Officers (Generalists).
LIC AAO 2023 Cut-off
Candidates must get the necessary sectional and overall marks to be considered for subsequent rounds. For each phase, the cut-off will be released category-wise. The descriptive English section is qualifying in nature. Marks obtained in this round are not considered while preparing final merit.
The cut-off will be based on the number of vacancies, the number of participating candidates, and the difficulty level of the exam.
LIC AAO 2023 Salary
Selected candidates will receive a basic pay of Rs. 32,795 and an annual increment of Rs. 1610 for 14 years. The maximum basic salary an AAO can get is Rs. 63,315.
AAOs in the LIC are paid Rs 34,405; Rs 16,10 (14); Rs 55,335; Rs 17,45 (4); and Rs 6,215 per month. Along with the salary, candidates will get various allowances such as HRA, DA, TA, CCA, etc. With all the allowances and benefits, candidates’ salaries can reach up to Rs. 50,658.
LIC AAO 2023 FAQs
Ans- LIC has announced 300 open positions for AAO(Generalist) positions. 10 vaccines out of the total are backlogged.
Ans- The Prelims exam is scheduled for 17th and 20th February 2023.
Ans- Yes, candidates have to serve a probationary period of one year.
Ans- The admit card will be released 7-8 days prior to the exam.
Ans- LIC AAO gets basic pay of Rs. 32,795 and an annual increment of Rs. 1610 for 14 years. The maximum basic salary an AAO can get is Rs. 63,315.
Ans- Yes, candidates will get a contributory pension.
Ans- The selection of candidates is based on prelims, mains and interviews followed by the medical examination.
