Agriculture Insurance Company of India Limited (AIC) a leading Crop Insurance Company, invites applications from Indian Citizens for recruitment of 50 (Fifty) Administrative Officers in Scale I Cadre in various discipline viz. Agriculture Sciences, Information Technology, Finance, Legal, Statistics, Marketing, and Generalist.
The service conditions will be applicable as per the prevalent rules of the company from time to time. Selected candidates on appointment may be posted or transferred to any place in India as may be decided by the Company. Please note that the Field work in the districts being an essential part of the duty, one has to undertake extensive travel in the remote rural areas on a compulsory basis.
A candidate appointed in the Officer’s cadre on regular pay rolls of the Company shall be on
probation for a period of one year from the date of joining of duty. The probation period may be extended by a further period of six months.
The company reserves the right to terminate the services of the candidate if found unsuitable at any time during the probation period or the extended probation period without any notice or assigning any reason thereof.
Before joining as probationer, the selected candidates will be required to give an undertaking to serve the Company for a minimum period of four (4) years including the probation period.
In the event of their resigning from the Company before the expiry of the bond period, they will be liable to pay liquidated damages equivalent to one year’s gross salary paid to them. Besides, he/she will have to submit a stamped Bond duly executed by two sureties (not blood relatives), of sound financial standing for an amount equivalent to one year’s gross salary.
Candidates resigning from the Company during the probation period and candidates whose
services are terminated by the Company during the probation period shall be liable to pay the salary received by them during their entire service in the Company in addition to an amount of Rs. 50,000/- towards partial cost of training. No lien/bond executed to retain a substantive post with present employer will be binding upon the Company and no Leave Salary or Pension Contribution will be made.
Emoluments & benefits
Basic pay of Rs.32795/- in the scale of Rs. 32795-1610(14)-55335-1745(4)-62315 and other admissible allowance as applicable. Total emoluments will be approximately Rs. 51,000/- p.m. in Metropolitan Centers. Other benefits such as Pension under New Pension system governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance etc. shall be as per rules. The Officers are also entitled to Company’s/leased accommodation as per norms.
Education Qualification (as on 01.09.2017)
Candidate must possess the minimum qualification as listed in the table below from a
recognized University or any equivalent qualification recognized as such by Central
Candidates should possess certificate in proof of passing the qualifying examination as on
01.09.2017. Exam Pattern: