Career as LIC AAO

DESCRIPTION

LIC AAO is one of the most prestigious exams conducted in the insurance sector, and aspirants across the country lookout for a career in the insurance sector. LIC conducts various other exams for different posts.

LIC has vacancies for LIC AAO in the following cadres:

Assistant Administrative Officer (Legal)

Assistant Administrative Officer (IT)

Assistant Administrative Officer (CA)

Assistant Administrative Officer (Rajbhasha)

Assistant Administrative Officer (Actuarial)

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PATHWAY

  Pathway 1
Step 1: Clear Class XII in any stream
Step 2: Bachelors in Any Stream
Step 3: Prepare for AAO Exam

SKILLS REQUIRED

  • Responsibility and accountability: An administrator should hold himself morally responsible for his actions and should be willing to be held accountable.
  • Commitment for work: According to swami Vivekananda ‘every duty is holy and devotion to duty is the highest form of worship.
  • Ensuring excellence in work: An administrator would ensure the highest standard of quality in administrative decision and action.
  • Responsiveness and resilience: He should adapt to environmental transformation and yet sustain the ethical norms of conduct.
  • Principle of utilitarianism: An administrator should ensure the decision should lead to the greatest good of the greatest number.
  • Maximum of Compassion: A civil servant without violating the prescribed law and rules would demonstrate compassion for the poor, the disabled and the weak.
  • National interest: A civil servant should keep in view the impact of his action on his nation’s strength and prestige.
  • Principle of justice: Administrators must observe principles of equality, equity, fairness, impartiality and objectivity.
  • Maximum of integrity: An administrator would undertake an administrative action on the basis of honesty and not use his power, position, and discretion to serve his personal interest.

DEMAND

The insurance sector of India is growing at an unprecedented rate. Figures issued by every major insurer of India reveals, people are buying more insurance policies than ever before. People insure themselves as their loved ones as well as their assets for one main reason: Avoiding any financial emergency in event of their death or permanent disability.

Others buy insurance to avail exemptions in paying high income tax. Understandably, a large market like India requires several insurance companies. However, the biggest insurer in India is the Life Insurance Corporation of India, commonly called LIC.

Career as LIC Assistant Administrative Officer (AAO)

Over the last couple of decades, LIC is facing stiff competition from other state-run, private and foreign insurance companies that now operate in India. Further, the demand for insurance policies has also increased exponentially, as figures reveal.

Hence, joining as LIC’s Assistant Administrative Officer (AAO) has immense benefits- as far as job security, income and career growth are concerned. In this article, we explain why you should consider a career as LIC AAO.

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