The United India Insurance Company Ltd. (UIIC) has announced the UIIC AO Recruitment 2024 for 200 positions on its official website. Interested candidates should know about the UIIC AO Salary 2024, job profile, and benefits for the position. The selected candidates will receive the UIIC AO salary on the pay scale of ₹50,925-2,500(14)-85,925-2,710(4)-96,765 with additional benefits.
The initial gross pay at metropolitan centers is approximately ₹88,000 per month. The selected candidates will be on probation for 1 year, which may be extended for a further period of six months. This article provides a detailed overview of the UIIC AO Salary 2024, along with insights into the job profile.
UIIC AO Salary Structure 2024
The basic pay is in the scale of ₹50,925-2,500(14)-85,925-2,710(4)-96,765, along with other admissible allowances as applicable. In addition to emoluments, other benefits like gratuity, LTS, medical benefits, group personal accident insurance, performance-linked incentive (PLI), and the National Pension System (NPS), leased accommodation would be extended as per the company’s rules.
UIIC AO In-Hand Salary
After all the deductions, the UIIC AO in-hand pay will approximately range between ₹65,000-₹70,000 per month.
UIIC AO Gross Pay
UIIC AO Salary 2024 (Gross Pay) will be approximately ₹88,000 per month at metropolitan centers.
UIIC AO Additional Perks and Allowances
Candidates selected for the UIIC AO post will receive the following perks and allowances as part of their salary package:
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- Employees Pension Scheme
- Traveling Allowance (TA)
- Medical Facilities
- National Pension System (NPS)
- Leased Accommodation
- Gratuity
- Leave Travel Subsidy (LTS)
- Group Personal Accident Insurance
- Performance Linked Incentive (PLI)
Also Read: UIIC AO Recruitment Notification 2024 Out for 200 Posts
UIIC AO Career Growth Opportunities
All candidates working under UIIC will have a wide scope for career growth. Depending on their performance and contribution to the company, candidates can receive promotions to higher positions, opening up further opportunities for career enhancement.
UIIC AO Job Profile
- The Administrative Officer (AO) of United India Insurance Company Limited (UIIC) is responsible for overseeing administrative tasks.
- Maintaining business records and reports up to date.
- Handling customer inquiries and providing administrative guidance.
- Evaluating risks associated with insurance policies and making decisions on coverage and premiums.
- Managing policy-related services such as endorsements, renewals, and cancellations.
- Handling claims and resolutions.
- Examining and developing new insurance plans.
- Interacting with both present and potential customers.
- Collaborating with other departments within the organization, such as finance, legal, and IT, to ensure smooth operations.
Also REad: UIIC AO Eligibility 2024: All You Need to Know Before Applying
UIIC AO Probation Period
Selected candidates will be appointed as Administrative Officer (Scale-I) on probation for one year, which may be extended at the discretion of the company. During the probation period, officers will be required to pass the non-life “Licentiate Examination” conducted by the Insurance Institute of India. Only after passing this examination will the officer be eligible for confirmation of their services in the company.
UIIC AO Guarantee Bond
Before joining as a probationer, the selected candidates for appointment on regular payrolls of the company will be required to give an undertaking to serve the company for a minimum period of five years, including the probationary period.
