Work of Administrative Officer in National Insurance Company

I want to know the work of Assistant Administrative Officer AAO in National Insurance Company so can you please tell me?

[Kiran Chandar]

National Insurance Company Limited (NICL) is a state owned general insurance company in India. The company was established in 1906 and nationalized in 1972.

Assistant Administrative Officer AAO Work-

Assistant Administrative Officer (AAO) belong to the class I officer group.

The job begins with the candidates joining LIC and GIC on a probation-cum-training period of 6 months.

AAOs can choose any of the areas from Administration, Development and Accounts.

in Administration AAOs handle policy making, policy claims upto cetain limit, checking clauses and details, filing official returns and statements to higher regional offices etc.

The Development AAOs deal with marketing and procurement of business, promoting policies, getting contracts etc.

The Accounts AAOs manage the funds including incomes and expenses of the corporation.

After 3 years of working as AAOs they can be promoted to AOs.

This adds on more powers and authority and they can be posted anywhere in India.

Candidates applying for the post of AAOs should be between 21 and 28 years of age.

They should hold a graduate/postgraduate degree in any subject with minimum of 50% marks.

Recruitment is done by LIC Central Office at Mumbai.

Salary:

The standard pay scale for AAO`s in public sector companies is Rs.17240 – 32640.

In metros, the monthly salary is approx.Rs.33418 that will differ slightly at other cities.

They are also entitled for PF, pension, LTC, loan & medical benefits.