UIIC AO Salary: The shortlisted candidates would receive a gross pay of Rs 88,000. This includes basic pay, perks, allowances, increments, and much more. You can also check about the job profile, career growth, and other benefits that an appointed Administrative Officer gets.
The UIIC AO Salary is set by the United India Insurance Company for the position of the Administrative Officer Scale I. After recruitment, the candidates for the AO role shall be offered a lucrative package including other allowances and job security. The basic pay will be in the pay scale of Rs 50,925-2,500(14)-85,925-2,710(4)-96,765 and additional payable allowances.
Gross pay for a UIIC AO in metro cities is approximately Rs. 88,000. Candidates who want to apply for the UIIC AO exam must go through this article before and after getting the appointment.
This article is comprehensive about the salary details of UIIC AO including in-hand salary, perks, allowances, promotion, and career growth opportunities.The UIIC AO salary structure consists of pay scale, basic pay, allowances, deductions, gross salary, net salary, and many more. Below is the detailed UIIC AO salary slip for the candidates’ convenience.
UIIC AO Salary 2024 Overview
| Exam Conducting Body | United India Insurance Company |
|---|---|
| Post Name | Administrative Officer (Scale I) |
| Selection Process | Online Examination and Interview |
| Category | Exam Prep |
| Pay Scale | Rs. 50,925-2,500(14)-85,925-2,710(4)-96,765 |
| UIIC AO Salary Per Month (Gross) | Rs. 88,000/- p.m. (approx.) in metropolitan cities |
| Allowances | Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance, etc. |
UIIC AO Salary Structure 2024
The UIIC AO salary structure consists of pay scale, basic pay, allowances, deductions, gross salary, net salary, and many more. Below is the detailed UIIC AO salary slip for the candidates’ convenience.
Here is the information in table format:
| Component | Details |
|---|---|
| Pay Scale | Rs. 50,925-2,500(14)-85,925-2,710(4)-96,765 |
| Basic Pay | Rs. 50,925 |
| Gross Salary | Rs. 88,000/- p.m. (approx.) |
| UIIC AO In Hand Salary | Rs. 65,000 – Rs. 70,000 per month |
UIIC AO Salary In Hand
The basic pay along with other applicable allowances forms the monthly salary of the UIIC AO. All selected candidates would be paid with a basic salary of Rs. 50,925, pay scale: Rs. 50,925-2,500(14)-85,925-2,710(4)-96,765. The gross salary in metropolitan cities will be about Rs. 88,000 per month.
Beyond this minimum pay scale, many additional allowance benefits include gratuity, LTS, medical benefits, and group personal accident insurance for the candidate. Finally, performance-linked incentives for employees will bring in incentives amounting to between Rs 65,000 and 70,000 monthly salary into an AO in-hand under the UIIC.
UIIC AO Salary: Perks and Allowances
Apart from the minimum UIIC AO salary, there are many other allowances and benefits offered to the candidates based on the United India Insurance Company guidelines. Here is the list of perks and allowances that are included in the monthly UIIC AO salary.
- Gratuity
- LTS
- Medical Benefits
- Group Personal Accident Insurance
- Performance Linked Incentive (PLI)
- National Pension System (NPS)
- Leased accommodation, etc.
UIIC AO Job Profile
Candidates selected for the Administrative Officer position in UIIC must carry out all duties outlined in the job profile assigned by the higher authorities. Below is a detailed description of the UIIC AO job profile for the convenience of the candidates.
- To perform administrative tasks and address the queries.
- To keep the records and create reports regularly for the company.
- To perform all the tasks assigned by the senior officials.
UIIC AO Salary: Probation Period
Candidates appointed to the post of Administrative Officer (Scale I) in UIIC shall be placed under a probation for one year. During this probation, or such extended period as the company may decide to grant, if the candidate’s services are considered unsatisfactory, his services could be terminated by the company with or without notice and explanation.
During the probation period, candidates may be required to undergo theoretical or practical training as the case may be. Officers are also required to appear for the non-life “Licentiate Examination” conducted by the Insurance Institute of India. Once they qualify for this exam, their services will be confirmed. In case the candidate fails to qualify for the exam during the extended probation period, his services may be terminated at the end of the probation period.
UIIC AO Salary: Guarantee Bond
Before joining as probationers, candidates appointed to regular payrolls of the company must agree to serve the company for at least five years, including the probation period. They will also need to submit a stamped bond, signed by two sureties with good financial standing, for an amount equal to one year’s gross salary, along with Rs 35,000 to cover part of the training costs.
FAQs
1. What is the UIIC AO salary?
- Basic pay: Rs. 50,925, gross salary: Rs. 88,000, in-hand salary: Rs. 65,000 to Rs. 70,000.
2. What is the selection process?
- Online exam and interview.
3. What is the probation period?
- One year, extendable. Candidates must pass the “Licentiate Examination” to confirm their services.
4. What allowances are included?
- Gratuity, LTS, medical benefits, group personal accident insurance, and PLI.
5. What bond is required?
- A bond to serve for five years, including probation, and a surety bond for one year’s salary plus Rs 35,000 for training.
6. What is the job profile?
- Administrative duties including underwriting, claims processing, and customer service.