OICL AO Roles & Responsibilities: The Oriental Insurance Company Ltd. is a pioneer in laying down systems for the smooth and orderly conduct of the business. OICL specializes in devising special covers for large projects such as power plants, petrochemical, steel and chemical plants. It made a modest beginning with a first-year premium of Rs.99, 946 in 1950.The goal of the Company is “Service to clients” and achievement thereof was helped by the strong traditions built over time. Its Head Office is in New Delhi. It has 31 Regional Offices and nearly 1800+ operating Offices in various cities of India. Released the notification for the recruitment of 300 Officers in Scale I cadre (Administrative Officer). One of the most anticipated exams of the year apart from other AO exams and this is the next most preferred post after banking sector jobs. Job profile of an Administrative Officer in the insurance company is almost similar to that of a PO (officer) in govt bank. The major differences, though can be seen in salary, responsibilities & work environment.
|Role||Administrative Officer (AO)|
|Probation Period||1 Year|
|Condition||From the Date of Joining the Duty|
|Extension (Not mandatory)||Can be Extended Twice (Six months), Stretching upto One Year Should Pass : Non Life “Licentiate Examination conducted by Insurance Institute of India If Failed : Liable to be terminated from service on expiry of the period after the extended probation period|