Agriculture Insurance Company of India Limited (AIC) has been formed under the aegis of the Government of
India and promoted by 6 Public Sector Companies as a specialty Crop Insurance provider to the Indian farming community. AIC was incorporated on 20th December 2002 with an Authorized Share Capital of INR 1500 crore and a Paid-up Capital of INR 200 crore. AIC commenced business operations from 1st April 2003, by taking over Crop Insurance operations from its major Promoter, General Insurance Corporation of India Ltd.
AIC is a specialty and one of the largest Crop Insurance Company in the Indian non-life Insurance Sector, having
market share of about 50% in Crop Insurance and aiming to cover the huge protection gap lying uninsured with respect
to other risks related to agriculture and allied activities of the farmers.
VACANCY DETAILS :-
POST NAME - Management Trainee
QUALIFICATION - B.Com/BBA/BA
EXPERIENCE - Nil
POST - 50
LOCATION - All Over India
SELECTION PROCESS :-
The selection shall be on the basis of the shortlisting of the candidates based on online examination and interview for which the total marks will be 200. ( SUGGESTED BOOK FOR PREPARATION )
TRAINING & EMOLUMENTS :-
Training & Probation: The training period will be for a period of 1 (ONE) year. The trainee shall be eligible for the post of Administrative Officer (Scale I) on completion of the training period and subject to satisfactory work performance, Interview/Interaction and/or any other
criteria as may be decided by the Company. The candidate during the training period can be terminated immediately if the work performance is found to be unsatisfactory.
The Management Trainee absorbed as Scale I Officer after completion of training period will be treated at par with a Direct Recruit Officer in Scale I and will be on probation for a period of one year from the date of absorption. 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.
The selected candidates would be paid a consolidated pay of Rs. 60,000/- p.m. for the one year of training.
APPLICATION FEE - 1000/-
IMPORTANT DATES :-
1. On line Registration & payment of fees - 17th January 2023 to 05th February 2023 (both dates inclusive, from 08.00 hrs of 17th January 2023 and 20.00 hrs on 05th February 2023)
2. Date of Online Examination - 25th February 2023
3. Downloading of call letters for examination commences from - Around 10 days prior to the date of examination
LINK FOR OFFICIAL NOTIFICATION - CLICK HERE
LINK FOR ONLINE APPLICATION - CLICK HERE
LINK FOR OFFICIAL WEBSITE - CLICK HERE
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