AICIL recruitment 2023. Agriculture Insurance Company of India Limited (AIC) invites applications from Indian Citizens for the recruitment of 50 Management Trainee vacancies. The employment details about the post, age limit, educational qualification, experience and other conditions are given below as link. The candidates are requested to go through the details carefully and ensure that they fulfill the minimum prescribed criteria before applying.
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.
AIC invites applications from Indian Citizens for recruitment of 50 (Fifty) MANAGEMENT TRAINEES in the Generalist discipline.
Important Dates :
| 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) | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Date of Online Examination | 25th February 2023 | ||||||||
| Downloading of call letters for examination commences from | Around 10 days prior to the date of examination | ||||||||
| Online Pre-recruitment training for SC/ST/OBC/PWD candidates | Around 10 days prior to the date of examination |
Vacancies ( Tentative) & Reservations (including backlog*):
| Post | Total No. of Vacancies | SC | ST | OBC | EWS | Un- reserved | PwBD (VI/HI/LD/ SLD/MD) | |
|---|---|---|---|---|---|---|---|---|
| Management Trainee | 50 | 9* | 4* | 12* | 6* | 19 | 2* HI+1* VI | |
Age limit:
Age (as on 01.01.2023) :
Minimum Age: 21 years & Maximum Age: 30 years
i.e. a candidate must have been born not earlier than 1st January 1993 and not later than 31st December 2001 (both dates inclusive).
Age relaxation for various categories is as under:
| Sl. No. |
CATEGORY | RELAXATION | |
|---|---|---|---|
| 1 | Scheduled Caste/Scheduled Tribes | 5 years | |
| Vacancies ( Tentative) & Reservations (including backlog*): | Other Backward Classes (Non-creamy layer) | 3 years | |
| 3 | Persons with Benchmark Disabilities as defined under “The Right of Persons with Disabilities Act, 2016” | 10 years | |
| 4 | Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released; (a) on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency; or (b) on account of physical disability attributable to Military Service; or (c) on invalidment. The ECOs/SSCOs who have completed an initial period of assignment of five years of Military Service as on 01.01.2023 and whose assignment has been extended beyond five years and in whose case the Ministry of Defense issues a certificate that they can apply for civil employment and that they will be released on three months’ notice on selection from the date of receipt of offer of appointment. |
5 years | |
| 5 | Defense service personnel disabled in operation during the hostilities with any foreign country or in a disturbed area and released as consequence thereof. |
3 years | |
Education Qualification (as on 01.01.2023)
Candidate must possess the minimum qualification as listed in the table below from a recognized
University or any equivalent qualification recognized as such by Central Government. Candidates should
possess certificate in proof of passing the qualifying examination as on 01.01.2023 and have to ensure the
following :
1. Educational qualification should be from a University/Institution/Board recognized by Govt. of
India/approved by Govt. Regulatory Bodies and the result should have been declared on or before
01.01.2023
2. The candidate must possess valid mark-sheet/Degree Certificate of the necessary qualification as on
01.01.2023
3. Percentage marks shall be arrived at by dividing the total marks obtained by the candidate in all the
subjects in all the semester(s)/ year(s) by aggregate maximum marks in all the subjects irrespective
of Honours / optional / additional optional subject, if any. This will be applicable for those
Universities also where class / grade is decided on basis of Honours marks only. The fraction of
percentage so arrived will be ignored i.e. 59.99% will be treated as less than 60% and the fraction of
percentage so arrived i.e. 54.99% will treated as less than 55%.
4. Where CGPA/OGPA are awarded, the candidate will have to produce a certificate issued by the
appropriate authority inter alia stating the norms of the University regarding conversion of grade into
percentage and the percentage of marks scored by the candidate in terms of norms.
Selection Procedure:
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.
A. ONLINE EXAMINATION : The candidates have to appear for Online Examination
(Objective & Descriptive) of total 150 marks of 2 ½ hours (150 minutes) duration. The
Minimum qualifying marks in the online examination is 60% for General, OBC & EWS and
55% for SC/ST. The online examination will be held on 25th February 2023. The dates of
Examinations are liable to be changed at the Company’s discretion. The details of online test is
as follows :
.
| Sl. No. |
Name of Test | Type of test | Maximum Marks | No. of Questions | Medium of Exam | Duration |
|---|---|---|---|---|---|---|
| 1. | Test of Reasoning | Objective | 35 | 35 | Eng/Hindi | 90 minutes |
| 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. | Test of English Language | Objective | 30 | 30 | English | |
| 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. | Test of General Awareness | Objective | 20 | 20 | Eng/Hindi | |
| AIC invites applications from Indian Citizens for recruitment of 50 (Fifty) MANAGEMENT TRAINEES in the Generalist discipline. | Test of Quantitative aptitude & Computer Literacy |
Objective | 30 | 30 | Eng/Hindi | |
| Please Note the Important Dates : | Descriptive English Test- Essay, precis and comprehension |
Descriptive | 35 | 3 | English only | 1 hour |
Note :
- The Descriptive Test will be conducted only though online mode.
- Negative Marks for Wrong Answers: There will be negative marks for wrong answer, 1/4th of the allotted marks (in objective tests) will be deducted for each wrong answer. If a question is left blank i.e. no answer is marked by the candidate, there will be no penalty for that question.
- Candidates will have to appear for the online examination at their own expenses.
- The Company reserves the right to relax/extend the eligibility standard in respect of minimum prescribed marks in Online examination, in order to enhance / restrict the number of candidates to be called for interview, based on performance in the Online examination and to commensurate with the number of vacancies.
- The Company also reserves the right to modify the structure of the examination which will be intimated through its website. The applicants are advised to visit the Company’s website www.aicofindia.com regularly for any update on the recruitment process. No separate individual intimation shall be given.
Pre-exam training (ONLINE) for SC/ST/OBC- Non-creamy/PwBD candidates :
SC/ST/OBC- Non-creamy /PwBD candidates who wish to avail the benefit of pre-examination Online training may indicate the same while applying online. Candidates are required to refer to Career Section of AIC website regularly for details. Candidates who have opted for training will also be informed through registered email / mobile. Please note that merely attending the pre-examination training, no candidate acquires any right in employment with the Company.
B-INTERVIEW:
Candidates who have been qualified in the Online examination will be ranked in the order of the merit and will
be called for an interview to be conducted by the Company. Company reserves the right to fix the eligibility
standards in order to restrict/enhance the candidates to be called for interview commensurate to the number of
vacancies. The number of candidates to be called for interview will be about three times the number of vacancies
to be filled in subject to availability of successful candidates in the Online examination and will be as per their ranking.
All the candidates having same cut-off score as the last shortlisted candidate shall be called for Interview.
Maximum Interview marks are 50, Company reserves the right to fix the minimum marks to qualify in the
interview.
The center, address of the venue, time & date of interview will be informed to the shortlisted candidates in the
interview call letter. Please note that any request regarding change in date, Centre etc. of interview will not be
entertained.
However, the Company reserves the right to change the date/ venue/ time / Centre etc. of interview or hold
supplementary process for particular date/ session/ venue/ Centre / set of candidates at its discretion, under
unforeseen circumstances, if any.
Candidates called for interview are entitled to AC III Tier to & fro railway fare / bus fare by shortest routes, from
their place of residence, on production of evidence of travel (rail/bus ticket/ receipt etc.).
The candidates are advised to ensure that they fulfill the requirements of age and qualification (as on respective
crucial dates mentioned earlier) before they apply.
If a candidate is found ineligible, his/her candidature will be
cancelled at any stage of recruitment. Appearing in the ONLINE EXAMINATION & INTERVIEW will not
automatically confer any right of being selected for the said posts.
C. SELECTION :
Selection would be based on the performance in the Online Examination and Interview. The final merit list shall
be prepared in descending order of the consolidated marks secured by the candidates. Candidates who fall within
the number of vacancies in the merit list shall be considered for appointment. In case of similar marks of two or
more candidates, the merit order of such group of candidates shall be as per their additional post graduation
qualification (i.e. the person with higher educational qualification will be placed higher in the merit order) and in
case of further similarity in educational qualification merit order will be decided on the basis of age, (i.e. senior
in age will be placed higher in merit order).
A waiting list of candidates may also be prepared and may be utilized in the event of non-acceptance of
employment offer by the candidates selected in the final merit list or in case of the filled vacancy falls vacant for
any reason. The waiting list so prepared will be valid for a period of one year from the date of publication of final
results of the selected candidates and may be utilized for any other/additional requirement in future. However, the
decision of offering appointment to the candidates from the waiting list is the discretion of the Management.
D. Pre-recruitment Medical Examination :
Shortlisted candidates in final merit list will have to undergo Pre-Recruitment Medical Examination and their
selection would be subject to being found medically fit as per requirement of the Company.
APPLICATION FEES/ INTIMATION CHARGES (NON-REFUNDABLE) PAYMENT OF FEE (ONLINE):
17th January 2023 to 05th February 2023 The amount of fee to be paid is as follows:
| Category of Applicant | Amount of Fees (Non-refundable) |
|---|---|
| SC/ST/PwBD | Rs. 200/- (Intimation charges only) |
| 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. | Rs. 1000/- (application fee including intimation charges) |
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