United India Insurance Company (UIIC), also being a public sector insurance organization has listed various benefits of applying for their administrative officer jobs.To provide more clarity on UIIC AO job profile, we are explaining here the role along with salary details & post location for this post.
A total of 300 vacancies are to be filled through UIIC AO recruitment which consists of Generalists & Specialists.
The job profile of an administrative officer in insurance company is almost similar to that of a PO (officer) in govt bank.The major differences, though can be seen in salary, responsibilities & work environment.
- Administrative officer (AO) will be assigned to specific departments like underwriting, claims, accounts, legal, marketing etc., based on requirement.
- Verify the risk proposal & perform underwriting work if required.
- Authorize claims according to the rules & regulations.
- Delegate work to assistants within the team & oversee their performance.
- Perform any other work as specified by higher officials
The above list is only a general overview of the role.Since united india insurance has insurance policies under health, motor vehicles, travel, industrial, accident, fire, marine categories, the job role will vary as per the requirements of the department.
The salary for administrative officers as mentioned in their notification is Rs.48,000 /month in metropolitan cities.
After deductions towards PF, tax etc., one can expect their take home salary shall be Rs.40,000 42,000 /month depending on the place of posting.
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AOs are eligible for various other benefits like accommodation, gratuity, LTS, medical benefits, pension etc.,
Posting Location: AO being an office cadre job, candidates must be willing to be posted anywhere in India.Also, UIIC has specifically mentioned that large number of vacancies are in the western & southern India.
So selected individuals will be mostly posted in any of their offices located in these regions only.
The probation period for UIIC AO is for a period of 1 year that may be extended by another 6 months.This is like a training phase for new candidates & may be required to undergo theoretical / practical training.
Bond Period: At the time of joining, candidates would need to submit an undertaking to serve the company for minimum 4 years (includes 1 yr probation).
If a person chooses to quit/ resign from the company within 4 years, they should repay the entire salary amount received so far + Rs.25,000 towards cost of training.
Source: BankExamsIndia.com