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Work-Life Balance

Job Security

Income Potential

Work Culture

Importance of Education


Profile Details
Name – Jai Krishna Singh
Profession Insurance
Designation – Development Officer
OrganisationLIC of India
Age – 51
City – Mandleshwar
Work Experience (Years) – 27

Under-Graduation – B.Sc. Mathematics, Holkar Science College Indore
Post-Graduation – M.Sc. Mathematics, Govt. PG College Khargone

Please give us a summary of your Career in LIC.

I joined LIC as a Development Officer in August 1991. Since then, I have been serving for the same. My responsibilities include recruitment of agents and their training and procuring business for LIC India. I feel much privileged to serve as a Development Officer as the job is a kind of social service as well. Helping people and securing their future gives satisfaction and joy. At the same time, I provide employment to people irrespective of their age, religion, caste, and creed. LIC agents can earn as much as they want based on their marketing ability and potential.

Please describe your current Job Responsibilities at LIC India.

On a normal working day, I have to find and recruit new agents for LIC of India. The other work includes informing and training agents along with some paperwork. Explaining the details of each policy makes it easier for the agents to make our customers understand the policies a lot better. My job includes both office work as well as fieldwork. On special occasions, I have to organize meetings for the agents, either for discussing new plans or for motivational purposes. I also have to attend meetings organized with my seniors.

Average Income in LIC Profession in the current scenario

Starting out/Fresher – 2-5 Lakhs Per Annum
5 Years of Experience – 2-5 Lakhs Per Annum
10 Years of Experience – 5-10 Lakhs Per Annum
15 Years of Experience – 5-10 Lakhs Per Annum
20 or more Years of Experience – 10-20 Lakhs Per Annum
How do you rate the Income Potential in your career?
5 Star Rating | MentorClub.in

Work-Life Balance

On an average, how many hours do you work per day?
7-9 hours
On an average, how many days in a week do you work?
All 7 days
How often are you required to work in night-shift?
Does your work require you to travel?
Very Often
Does your work require you to relocate to different town/cities?
How would you consider the job security in your profession?
Would you consider this Profession Risky?
Not Risky

Overall, how would you rate Work-Life Balance in your Profession?
5 Star Rating | MentorClub.in
Overall, how would you rate Job Stability of your Profession?
3 Star Rating | MentorClub.in
What are the different ways of entering this profession?

You have to pass a written exam and an interview round.


How would you rate Stress-Level in your Profession?
Easy Going
How would you rate your office/work infrastructure?
How would you describe your co-workers?
Generally speaking, your work at LIC is
Field Work
Overall, how would you rate Work-Culture in your Profession?
4 Star Rating | MentorClub.in

Importance of Education in Your Profession

Would you say that Education from top School/College plays a major role in the success in this Profession?
What level of Education is sufficient to be successful in this Profession?
Simple Graduation
Would you say that Studious students are generally successful in this Profession?
How would you consider the Cost of Education post 12th?

Overall, how would you rate the role of Education in your Profession?
4 Star Rating | MentorClub.in

According to you, what kind of person is likely to be Happy & Successful in (Insurance Profession) LIC?

First Personality Trait – Energized by people, enjoy a variety of tasks and good at multitasking
Second Personality Trait – Focus on possibilities and value innovation to come up with creative solutions to problems
Third Personality Trait – Prefer to make decisions using logic by weighing pros and cons
Fourth Personality Trait – Prefer to keep flexible plan and keep options open
Fifth Personality Trait – Prefer to seek new experiences and create new things
Sixth Personality Trait – Prefer to be self-disciplined and organised
Seventh Personality Trait – Prefer to be cooperative and compassionate
Eighth Personality Trait – His/Her Family and Friends agree that S/he is usually relaxed, calm and happy
Please provide details

One should try to be happy with their work. You should be passionate about the work you do. Either the work should be interesting, or you should have an interest in the work.

What are some of the positives, which would encourage someone to join LIC?

This job provides unlimited income in the form of incentives. The job provides a sense of pride as each penny you earn is on paper and there is no chance of black money. In every other firm, there is either no or very nominal money given for extra work however in this job, one can earn as much as they want by working hard. The job also provides flexibility and is a stress-free job. All one has to do is focus on the targets and work accordingly.

What are some of the negatives that you would want someone to be aware of when considering a career in Insurance (LIC) Profession?

Some negatives of the job include job security. One can be terminated if they do not work for three consecutive years. The job works on a cost-ratio fundamental. If one’s cost ratio exceeds a set limit for three consecutive years, they can be terminated by LIC. The work can get repetitive as the policies remain the same and you may just have to address the same kind of questions from the clients every day. It can be stressful if one is not able to meet with their targets.

Recognition in your Profession

What is your family’s view of your Profession?
My Family is Impressed
What is Friends’ view of your Profession?
My Friends are Impressed
What is Society’s view of your Profession?
Society is Impressed
Overall, how would you rate the Recognition aspect of your Profession?
5 Star Rating | MentorClub.in

General Information of your Profession/Business

What kind of family’s financial background can maximize success in this profession?
It Doesn’t Matter
What is the ease of starting own business in this field?
Maybe Easy for Few
How easy is it to move to a different country in this profession?
Now you have several years of work experience and you have seen professions of others. If you are taken back to 10th/12th class and allowed to pick a profession, then which profession will you pick and why?

I will pick the same profession as this job has provided me with almost everything one aspires for. Moreover, it is a sort of social service which gives satisfaction and sense of pride.

Liked this INterview? You might want to check out our Interaction with Avinash Kumar Sinha, LIC Officer