LIC AAO Salary Per Month, Job Profile and Promotions

LIC AAO Salary Per Month, Job Profile and Promotions: LIC stands for Life Insurance Corporation of India, This is one of the prominent company of Life Insurance in India. LIC has released the notification for the recruitment of AAO which means Assistant Administrative Officer. LIC releases the notification for AAO Every year, Eligible candidates may apply for this examination. If you are preparing for the LIC AAO then you should know about the LIC Assistant Administrative Officer Salary, Promotions and Job Profile. Promotions criteria for LIC AAO.

LIC AAO Salary Per Month, Job Profile and Promotions
LIC AAO Salary Per Month, Job Profile and Promotions

In the Life Insurance company, an AAO  or Assistant Administrative Officer holds a prestigious position in the company. You have to take more responsibility in the LIC if you selected as an AAO (Assistant Administrative )Officer. This position is highly demanding in the insurance sector, every year lakhs of students appeared in LIC AAO Examination and only 500-600 selected for this post. Here in this article, you will be able to understand the LIC AAO Salary Structure per month and what is the promotions criteria for LIC AAO Officer.

If you are preparing for the LIC AAO examination and wanted to know about the Salary of LIC AAO, then you are at the right plate form, Here you will read everything related to LIC AAO recruitment and Salary, Promotion, Job profile, etc.

LIC AAO Salary Per Month, Job Profile and Promotions:-

Before knowing the Salary of LIC AAO, We should know something about the LIC AAO Examination and selection process:-

Selection Process:-

Selection of Assistant Administrative Officers will be done through a three-tiered process and subsequent Pre recruitment Medical examination.

  1. Phase-I: Preliminary Examination
  2. Phase-II: Main Examination
  3. Phase-III: Interview

Phase-I Preliminary Examination pattern:-

Preliminary Examination consisting of the objective test will be conducted online. The test will have three sections
(with separate timings for each section) as follows:-

SubjectsNo. Of QuestionsMax MarksDuration
Reasoning Ability353520 Min
Quantitative Aptitude353520 Min
English Language
with special
emphasis on
grammar, vocabulary
and comprehension
303020 Min
Total10010060 Min

Phase-II: Main Examination:- 

The main examination will consist of objective tests for 300 marks and descriptive test for 25 marks. Both the
objective and descriptive tests will be online. The objective test will have separate timing for every section. Candidates will have to answer the Descriptive test by typing on the computer. The descriptive test will be administered immediately after the completion of the objective test.

SubjectsNo. Of QuestionsMax MarksDuration
Reasoning Ability309040 Min
General
Knowledge, Current Affairs
306020 Min
Data Analysis
&
Interpretation
309040 Min
Insurance and
Financial
Market
Awareness
306020 Min
Total12030060 Min
English
Language
(Letter writing
& Essay)
22530 Min

Phase-III: Interview

Marks obtained in the Main Examination only will be considered for shortlisting for interview and marks obtained in Main Examination + marks obtained in Interview will be considered for final merit listing of candidates.

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Salary Per Month:-

Emoluments and Benefits of LIC AAO:-

LIC AAO Salary Per Month:- Basic pay of Rs. 32795/- per month in the scale of Rs. 32795- 1610(14) –55335– 1745(4) –62315 and other admissible allowances as per rules. Total emoluments at the minimum of the scale, inclusive of House Rent Allowance & City Compensatory Allowance wherever admissible depending upon the classification of the city, will be approximately Rs 56,000 LIC AAO Salary Per Month in ‘A’ Class city. But it can vary from city to city.

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Benefits for LIC AAO:-

Other benefits are Defined Contributory Pension, Special Allowance for passing Actuarial Examination, Gratuity, LTC, Cash Medical Benefit, Group Mediclaim, Group Personal Accident Insurance, Group Insurance, Vehicle Loan (2-wheeler/4 wheeler) as per rules, meal coupon, reimbursement towards the cost of Briefcase/leather bags, mobile handset, the supply of dailies and magazines and tea/coffee, mobile expenses, etc. as per rules.

Apart from the LIC AAO salary, there are other benefits of LIC AAO which are as under:

  1. Leave Travel Concession (LTC)
  2. Special Allowance
  3. Gratuity
  4. Group Mediclaim
  5. Group Insurance
  6. Defined Contributory Pension
  7. Cash Medical Benefit
  8. Accident Insurance
  9. Loan for Personal Vehicles, etc.

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Job Profile:-

LIC AAO Job Profile:- As the name suggests that an AAO officer has to take responsibility for Administrative jobs, this is a pure deck job, and you have to responsible for various administrative related work. A newly join AAO may get any field for Administrative job like-

  1. Actuarial
  2. Inspection
  3. New Business
  4. Finance/Accounts
  5. Claims
  6. Information Technology
  7. Marketing / Sales
  8. Policy Servicing

One of the above department may be assigned to you for performing your duty as an AAO.

Job Profile:-

Along with LIC AAO Salary, we should know about the job profile too. There are several responsibilities as an AAO officer. Have a look of general Job Profile of LIC AAO:-

  1. They have to research and formulate new schemes.
  2. AAO has to help AO (Administrative Officer) in their work.
  3. They have to coordinate and communicate with other departments also.
  4. Inspecting existing schemes and policies too is the job of LIC AAOs. They have to look for any error in the existing schemes.
  5. They have to perform any task assigned to his superiors.
  6. Sometimes they have to provide assistance to clients when required.

Promotions Criteria:-

As a LIC AAO, you have to spend 4-6 year and after that, you will get a chance to promote as an AO. Here is LIC AAO Promotions Criteria given-

  1. Administrative Officer (AO)
  2. Assistant Divisional Manager (ADM)
  3. Divisional Manager (DM)
  4. Senior Divisional Manager (SDM)
  5. Zonal Manager and so on.
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