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LIC Mumbai Recruitment 2026 – 01 Chief Financial Officer Post

The Life Insurance Corporation of India (LIC) has officially released a notification for the recruitment of one Chief Financial Officer in Mumbai. This contractual position requires a qualified Chartered Accountant with specialized financial expertise. Interested professionals must submit their applications via email by the deadline of 15th July 2026.

OrganisationLife Insurance Corporation of India
Post NameChief Financial Officer
Total Vacancies1
Last Date
QualificationChartered Accountant (Preferred: FRM/CFA/MBA (Finance)/Actuarial Qualification) + relevant experience.
Category Bank Jobs·Central Government Jobs
District Mumbai City
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Chief Financial Officer Vacancy Details

LIC Mumbai is seeking a highly qualified professional for the position of Chief Financial Officer (CFO) on a contractual basis. There is currently 01 vacancy available for this senior-level role in Mumbai.

Eligibility Criteria

Candidates must hold a Chartered Accountant (CA) qualification from a recognized institute. Preference will be given to those possessing additional certifications such as FRM, CFA, MBA (Finance), or Actuarial qualifications. Relevant professional experience is mandatory for this position.

Age Limit & Relaxation

Applicants must be between 45 and 57 years of age as of 1st June 2026.

Application Fee

There is no application fee mentioned in the official notification for this post.

Salary & Pay Scale

The official advertisement does not specify the salary structure; however, it is a contractual position commensurate with the seniority of the role.

Selection Process

The selection process is rigorous and designed to identify the most suitable candidate for this leadership role. It comprises an initial shortlisting of applications, followed by interactions and interviews conducted by committees at various levels.

About Life Insurance Corporation of India

The Life Insurance Corporation of India (LIC) stands as a titan in the Indian financial landscape, serving as the country’s largest insurance provider and a significant institutional investor. Established on September 1, 1956, following the nationalization of the insurance industry, LIC operates under the jurisdiction of the Ministry of Finance, Government of India. Headquartered in Mumbai, the corporation has spent nearly seven decades building a vast network that spans the length and breadth of the nation, ensuring that financial security reaches even the most remote corners of the country. Its mission is to spread the message of life insurance among the masses and mobilize people’s savings for nation-building activities.

Beyond its core business of life insurance, LIC plays a pivotal role in the Indian economy by investing in infrastructure, government securities, and the equity market, thereby acting as a stabilizer for the financial system. The organization is renowned for its massive workforce and its commitment to providing long-term financial protection to millions of policyholders. Working at LIC offers a unique opportunity to be part of an institution that is synonymous with trust and reliability. As a premier public sector undertaking, it provides a professional environment that values integrity, excellence, and social responsibility. For financial experts and corporate leaders, a role within LIC’s senior management represents a chance to influence the strategic direction of one of the world’s largest insurance entities. The corporation continuously evolves to meet the challenges of a modern, digital-first economy while maintaining the traditional values that have made it a household name for generations. Employees at LIC benefit from a robust organizational culture that emphasizes professional growth, stability, and the chance to contribute to a legacy that supports the economic backbone of India.

How to Apply

Interested and eligible candidates should prepare their application and supporting documents. The application must be submitted via email to [email protected] before the closing date.

Important Dates

  • Application Start Date: 26th June 2026
  • Last Date for Submission: 15th July 2026

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Frequently Asked Questions

Who can apply for Life Insurance Corporation of India Chief Financial Officer 2026?

Candidates who are Chartered Accountants and meet the age criteria of 45 to 57 years are eligible to apply. Preference is given to those with additional qualifications like FRM, CFA, MBA (Finance), or Actuarial credentials.

What is the salary for Chief Financial Officer at LIC?

The official notification does not disclose the specific salary amount for this contractual position. Candidates are advised to refer to the detailed advertisement or inquire during the interview process.

What is the selection process for LIC Chief Financial Officer 2026?

The selection process involves a multi-stage approach including the shortlisting of candidates based on their credentials. Shortlisted individuals will then undergo interactions and interviews with various committees to determine the final selection.

Is LIC a Central or State Government organisation?

LIC is a Central Government organization operating under the Ministry of Finance, Government of India. It is a statutory body established by the Life Insurance Corporation Act, 1956.