Job Profile of LIC AAO Assistant Administrative Officers

Job Profile of LIC Assistant Administrative Officers (AAO)

There is not much awareness about jobs in insurance companies compared to the buzz around banking jobs.With many public sector insurance organizations coming up with recruitments for AAO & ADO - job seekers have started to notice, but are confused on the job profile.

Similar to government owned banks there are public sector insurance companies as well.So of the most popular PSU`s are LIC, NIC, GIC, UIIC, NIC, OILC etc.

Job Profile:

What is the role of an Assistant Administrative Officer? is one question constantly asked by aspirants.

With the latest LIC AAO 2016 recruitment being announced for 700 vacancies, freshers will surely be curious to know about the job.

As the name suggests, AAO job involves more of administrative work that

may include devising new schemes, inspecting policies,
managing & filing claims, client interactions,
co-coordinating with other depts. about a scheme/ policy, provide assistance etc.
perform any other works as & when specified by dept head/ administrative officer
AAO`s may not engage in travelling but at times, they might have to visit certain areas for follow up & not specifically for sales.

Hence they could be posted in specific departments within the organisation like Legal, Marketing, Systems, Claims, Customer service etc & the responsibilities for each will vary.

There is also another position called Apprentice Development Officer (ADO) whose main job is to recruit agents, provide them with required training for policy sales & provide service for existing customers.The job profile of AAO & ADO are completely different.

Salary:

The standard payscale for AAO`s in public sector companies is Rs.17240 – 32640, which is pending revision.In metros, the monthly salary is approx. Rs.40,245 that will differ slightly at other cities.

They are also entitled for PF, pension, LTC, 2/4 wheeler loans, mediclaim, medical benefits & much more.

Future Prospects:

With the increase in FDI limit, Insurance sector is expected to grow manifold in the coming years.This shall propel current employees to move up the ladder through promotions as govt insurance companies like LIC continue expanding.

After gaining certain level of experience, AAOs are promoted as Administrative Officer. There are also chances to move to other departments through internal posting.

Since promotions depend on various parameters set by the respective company, exact duration cannot be commented by us. But industry experts say such pushes happen after 5 years (minimum)

Recently, India`s largest public sector insurance company came up with its recruitment notification. Checkout LIC AAO recruitment 2016.

republished with permission.source:LIC AAO Job Profile

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