UIIC AO Salary 2024: In-Hand Pay, Structure, Perks and Allowances

UIIC AO Salary: The United India Insurance Company (UIIC) decides the administrative officer’s (Scale I) salary. Candidates appointed for the Administrative Officer (AO) post will receive lucrative salary packages, allowances, and job security. The appointed candidates will get the basic pay in the pay scale of Rs 50925-2500(14)-85925-2710(4)-96765 and other admissible allowances as applicable. 

The gross pay for UIIC AO will be Rs. 88,000 (approx.) in metropolitan cities. Candidates willing to appear in the UIIC AO exam should check the salary and job requirements to avoid confusion before and after the appointment.

In this article, we have shared complete details of the UIIC AO salary, including in-hand salary, perks and allowances, promotion, and career growth opportunities.

UIIC AO Salary 2024 Overview

Here are the key highlights of the UIIC AO salary shared below for the ease of the candidates.

UIIC AO Salary Structure 2024

The UIIC AO salary structure consists of various components such as pay scale, basic pay, allowances, deductions, gross salary, net salary, and other details. Here is the detailed UIIC AO salary slip shared below for the ease of the candidates.

UIIC AO Salary In Hand

The UIIC AO salary per month comprises basic pay and other allowances applicable for the post. All the appointed candidates will receive a basic salary of Rs. 50925 per month in the pay scale of Rs. 50925-2500(14)-85925-2710(4)-96765. The gross salary will be Rs.88,000/- p.m. (approx.) at Metropolitan centres. 

With this, they will also get various allowances, such as gratuity, LTS, medical benefits, group personal accident insurance, performance linked incentive (PLI), etc., in their monthly UIIC AO in hand salary. So, the UIIC AO in hand pay will approximately range between Rs 65000-Rs 70000 per month.

UIIC AO Salary: Perks and Allowances

Apart from the basic UIIC AO salary, aspirants will also receive various allowances and perquisites as per the guidelines of the United India Insurance Company. Check the list of perks and allowances included in the UIIC AO salary per month shared below.

• Gratuity
• LTS
• Medical Benefits
• Group Personal Accident Insurance
• Performance Linked Incentive (PLI)
• National Pension System (NPS)
• Leased accommodation, etc.

UIIC AO Job Profile

Candidates appointed for the Administrative Officer post in UIIC must perform all the duties included in the job profile assigned by the higher authority. Here is the detailed UIIC AO job profile discussed below for the ease of the aspirants.

• To perform administrative tasks and address the queries.
• To keep the records and create reports regularly for the company.
• To perform all the tasks assigned by the senior officials.

UIIC AO Salary: Probation Period

The candidates appointed for the Administrative Officer (Scale I) post in UIIC will undergo probation for one year, which may be extended at the company’s discretion. The company reserves the right to terminate the service of the appointed candidates if found unsuitable at any time during the probation period or the extended probation period without any notice or assigning any reason thereof. 

During the probation period, candidates may be required to undergo theoretical/practical training as may be prescribed/arranged for them. During the probationary period, the Officers would be required to pass the non-life “Licentiate Examination” conducted by the Insurance Institute of India. Upon clearing the said examination, the officer will be eligible for confirmation of his services in the company. Failure to clear the prescribed exam within the extended probation period will render the officer liable to be terminated from service on the expiry of the probation period so prescribed.

UIIC AO Salary: Guarantee Bond

Before joining as probationers, the candidates appointed on regular payrolls of the company will be required to give an undertaking to serve the company for a minimum of five years, including a probationary period. They must submit a stamped bond duly executed by two sureties of sound financial standing for an amount equivalent to one year’s gross salary in addition to Rs 35,000 towards the partial cost of training.

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