United India Insurance Jobs : United India Insurance Notification for 200 AO posts.!
A tremendous opportunity is opening up for those looking to make a career in the insurance sector! United India Insurance Company Limited (UIIC), a well-established public sector insurance provider, has announced 200 vacancies for the position of Administrative Officer (AO). Selected candidates will have the chance to earn a starting monthly salary of approximately Rs. 88,000, along with excellent career growth potential. Below is a complete guide covering everything from available posts and qualifications to the selection process and preparation tips.
Vacancy Details
United India Insurance Company Limited latest recruitment notification aims to fill 200 AO positions across two categories:
- Specialists (100 posts)
- Generalists (100 posts)
Within the Specialist cadre, the posts are allocated to specific fields as follows:
- Risk Management: 10 posts
- Finance and Investment: 20 posts
- Automobile Engineers: 20 posts
- Chemical/Mechatronics Engineers: 10 posts
- Data Analytics: 20 posts
- Legal: 20 posts
Eligibility Criteria
Educational Qualifications
Candidates should possess a B.Tech, M.Tech, or Bachelor’s/PG degree relevant to the specific job field. Other accepted qualifications include CA, ICWA, and certification in Risk Management.
Age Limit
As of September 30, 2024, candidates should be between 21 and 30 years old. However, there are age relaxations for certain categories:
- SC/ST candidates: 5 years
- OBC candidates: 3 years
This age relaxation is in accordance with government rules to provide more equitable access to opportunities.
Selection Process
United India Written Examination
The recruitment process starts with a written test, held separately for Specialist and Generalist positions. Both exams are conducted in objective format, testing a candidate’s reasoning, aptitude, and knowledge relevant to the insurance industry.
Specialists Exam Structure
The Specialist exam is conducted for 250 marks and consists of six sections as follows:
- Reasoning: 25 questions – 25 marks
- English Language: 40 questions – 40 marks
- Quantitative Aptitude: 25 questions – 25 marks
- General Awareness: 20 questions – 20 marks
- Computer Knowledge: 30 questions – 20 marks
- Subject Knowledge: 60 questions – 120 marks
Generalists Exam Structure
The Generalist exam, also worth 250 marks, consists of questions in five sections:
- Reasoning: 50 questions – 50 marks
- English Language: 50 questions – 60 marks
- Quantitative Aptitude: 40 questions – 50 marks
- General Awareness: 40 questions – 50 marks
- Computer Knowledge: 20 questions – 40 marks
Both exams have a duration of 1.5 hours, ensuring candidates must be efficient and well-prepared to answer each question within the time limit.
Descriptive Test
In addition to the objective test, candidates will also be required to sit for a descriptive test worth 30 marks. This test evaluates candidates’ proficiency in written communication and includes:
- Letter Writing: 10 marks
- Essay Writing: 20 marks
This section tests candidates on topics relevant to the job role, assessing clarity of thought, language skills, and the ability to present ideas in a coherent manner.
Interview
Candidates who excel in the written and descriptive exams will proceed to the interview stage. This phase carries 100 marks and involves questions on the candidate’s knowledge, career goals, work experience, and expertise in their respective fields. The interview provides an opportunity for the panel to assess a candidate’s practical understanding of the role and gauge their enthusiasm for a career in United India Insurance Company Limited.
Final Selection
A weightage system will be applied in determining the final selection list:
- Written Test: 75% weightage
- Interview: 25% weightage
Candidates with the highest combined scores will be shortlisted for the AO positions. Those on the final list will secure their position as Administrative Officers in United India Insurance Company Limited.
Probationary Period and Training
New recruits will be on a one-year probation period, during which they are required to pass the Licentiate Examination conducted by the Insurance Institute of India. Additionally, they must sign a five-year service bond which includes the probation period. This bond ensures that selected candidates commit to serving the organization for a substantial period, contributing their skills and knowledge to the sector.
Salary and Benefits
UIIC offers an attractive salary package for the AO position. Starting salaries range between Rs. 50,925 and Rs. 96,765 per month, with the net monthly income averaging around Rs. 88,000 including allowances. Besides financial benefits, AOs at United India Insurance Company Limited have ample opportunities for career progression, allowing them to rise through the ranks with good performance. After five years of service, employees become eligible for promotions to higher positions, including Assistant Manager, Deputy Manager, Branch Manager, Divisional Manager, Chief Manager, Regional Manager, Deputy General Manager (DGM), and General Manager (GM). Rapid promotions are also possible for candidates who pass department exams such as those conducted by the CAIIB.
Important Dates
- Application Deadline: November 5, 2024
- Written Examination Date: December 14, 2024
For further details, visit United India Insurance Company Limited official website: UIIC Careers.
United India Insurance Jobs
Reasoning:
Focus on topics like analogy, series, blood relations, seating arrangements, and syllogisms. Regular practice will enhance speed and accuracy in this section.
English Language:
Emphasize grammar, comprehension, and vocabulary. Practicing letter and essay writing will also improve performance in the descriptive section.
Quantitative Aptitude:
Strengthen arithmetic skills with topics like percentages, time and distance, profit and loss, ratios, and data interpretation.
General Awareness:
Stay updated with recent changes in the insurance and finance sectors and government schemes. Regularly read financial news to gain familiarity with industry terminology.
Specialist Stream:
Study subject-specific material relevant to the Specialist stream. Reviewing previous exam papers and focusing on applied knowledge will be helpful.