LIC AAO 2024: The Life Insurance Corporation of India conducts the LIC AAO exam to recruit eligible candidates for the post of Assistant Audit Officer.
The LIC AAO selection is based on prelims, mains, and interview rounds. It is expected that the LIC AAO Notification 2024 will be released in February 2024.
The work of the AAO is to formulate new schemes, manage claims and settlements, and inspect existing policies.
The LIC provides a great opportunity for graduate candidates to fill the posts of LIC AAO Generalist, AAO Chartered Accountant, AAO Rajbhasha, AAO Information Technology, and AAO Actuarial via the LIC AAO Exam.
Get the latest update and complete information on the LIC AAO 2024 recruitment exam, along with important dates, eligibility criteria, exam pattern, syllabus, and more, in the given article.
LIC AAO 2024 Notification
The Life Insurance Corporation of India will release the LIC AAO Notification 2024 as well as tentative exam dates on the 4th week of February 2024 on their official website at licindia.in. The LIC will release the LIC AAO 2024 application form in March 2024.
On release, the direct link to download the LIC AAO 2024 Notification will be provided here.
All the essential details LIC AAO exam date, vacancy, application and selection process, salary, and more, will be included in the LIC AAO Notification.
LIC AAO 2024 Recruitment Highlights
|Name of the Examination
|Life Insurance Corporation
|Name of the Post
|Assistant Audit Officer
|Once in a year
|Prelims, Mains, Interview
LIC AAO 2024 Exam Dates
As per the tentative schedule, the LIC AAO 2024 registration link will be active from February to March 2024 on the official website of LIC. The LIC AAO Exam Date 2024 for prelims is April 2024, while the main exam will be held in April 2024.
|LIC AAO 2024 Notification
|LIC AAO 2024 Online Application Form
|LIC AAO Prelims 2024 Exam
|LIC AAO Prelims 2024 Result
|LIC AAO Mains 2024 Admit Card
|LIC AAO Mains 2024 Exam
|Declaration of LIC AAO Mains 2024 Result
LIC AAO 2024 Application Form
The LIC AAO 2024 online link will be active on the official website of LIC. 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.
- Find the link for AAO Recruitment 2024,
- 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 LIC AAO application form for reference.
On release, the direct link for the LIC AAO form fill-up 2024 will be provided here.
LIC AAO 2024 Application Fee
General and OBC category candidates have to submit INR 700 for the LIC AAO form, while the fee for SC, ST, EWS, and PwD is INR 85. The application charges for various categories are given in the table below.
|Rs. 85+ GST
LIC AAO 2024 Eligibility Criteria
Candidates must review the LIC AAO 2024 eligibility criteria before applying for the post of Assistant Audit Officer.
Anyone who satisfies the LIC AAO eligibility criteria, including those related to nationality (only Indian citizens are eligible), age limit, and educational requirement, may apply for the exam.
The required LIC AAO qualification is a graduation degree in any discipline from a recognized university.
LIC AAO 2024 Age Limit
The LIC AAO age limit is between 20 and 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-year 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.
|Confirmed LIC employees
|Further Relaxation of 5 Years
LIC AAO 2024 Vacancy
It is expected that the LIC will release more than 600 vacancies for the LIC AAO 2024. The vacancy details will be out along with the LIC AAO notification. The LIC will release the vacancies category-wise.
On release, we will provide the LIC AAO vacancy details here. Meanwhile, candidates can review the previous year’s LIC AAO vacancy in the table.
LIC AAO 2024 Selection Process
Those who clear all the stages of the LIC AAO selection process will be appointed as Assistant Audit Officers (generalists). There are 4 stages of LIC AAO selection: prelims, mains, interview, and medical exam.
The LIC AAO preliminary exam is objective, while the main exam consists of both objective and descriptive questions. The candidates have to clear both rounds to appear for the interview.
The LIC AAO 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.
The selection of candidates is determined by the following stages:
|Pre-Recruitment Medical Exam
LIC AAO 2024 Exam Pattern
The LIC AAO Exam pattern has 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.
LIC AAO Exam Pattern For Prelims
The LIC AAO preliminary exam is qualifying in nature. The LIC AAO exam pattern for prelims consists of 100 objective-type questions, each worth 1 mark.
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.
LIC AAO Exam Pattern For Mains
The LIC AAO exam pattern for mains consists of both objective and descriptive questions. Candidates get 120 minutes to finish the objective section and 30 minutes to complete the descriptive section.
For every incorrect answer, there is a negative marking of ¼ marks.
|General knowledge and current affairs
|Insurance and financial market awareness
|English Language( Essay and letter writing)
LIC AAO 2024 Syllabus
The LIC AAO Syllabus consists of reasoning, quantitative aptitude, English, general knowledge and current affairs, and insurance and financial market awareness. 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 Preparation Books
Candidates should start their LIC AAO preparation with the top-rated books. Apart from the preparation books, candidates also review the previous year’s exam papers and must take mock tests regularly to enhance their skills.
Some of the best LIC AAO books are English Grammer by Wren and Martin, Analytical Reasoning by M. K. Pandey, Quicker Mathematics by M. Tyra, Lucent General Knowledge by Lucent, and Insurance Awareness: Basic Concepts and Tips by Gauri Sankar.
LIC AAO Salary
Selected candidates for the post of LIC AAO will receive a basic pay of INR 32,795 and an annual increment of Rs. 1610 for 14 years. The maximum basic salary an AAO can get is INR 63,315.
The LIC AAO Pay scale is 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 2024 Admit Card
The LIC AAO admit card will be available 7-8 days before the exam on the official website of LIC. All candidates who will appear in the exam must carry the LIC AAO admit card with a photo ID proof for verification. Candidates can download the LIC AAO admit card using their login credentials.
- Roll Number/Registration Number
LIC AAO 2024 Result
The LIC AAO result will be out for each stage separately. The LIC AAO result and merit list will be available on the official website. The final selection will be based on the LIC AAO result of the main exam and interview.
Within 10–15 days after the announcement of the result, the LIC will also release the LIC AAO scorecard. Candidates will be able to check their scores section-wise using their login credentials on the official website of LIC.
Those who will be selected will undergo a medical examination. Only those who clear the medical exam will be appointed as assistant audit officers.
LIC AAO 2024 Cut-off
Candidates must get the necessary sectional and overall marks to be considered for subsequent rounds. For each phase, the LIC AAO cut-off will be out category-wise. The descriptive English section is qualifying in nature.
The LIC AAO cut-off will be based on the number of vacancies, the number of participating candidates, and the difficulty level of the exam.
LIC AAO 2024 Recruitment FAQs
Ans- The LIC AAO Notification 2024 is expected to be out in February 2024.
Ans- The LIC will release the LIC AAO 2024 exam date along with the LIC AAO notification in February 2024.
Ans- Yes, candidates have to serve a probationary period of one year.
Ans- LIC AAO gets 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.
Ans- The selection of candidates is based on prelims, mains, and interviews, followed by the medical examination.
Ans- The LIC AAO Syllabus consists of reasoning, quantitative aptitude, English, general knowledge and current affairs, and insurance and financial market awareness.
Ans- The LIC AAO age limit to apply is between 20 and 30 years. Categories such as ST, SC, OBC, and PWD will get age relaxation.
Ans- The LIC AAO age limit to apply is between 20 to 30 years. Categories such as ST, SC, OBC, and PWD will get age relaxation.
Ans- Yes, there will be a negative mark of 0.25 in the LIC AAO exam.