Agriculture Insurance Company of India Limited Invites Application for Chief Manager Recruitment 2022

Vacancy Circular No:

Agriculture Insurance Company of India Limited (AIC)
invites applications for recruitment of Chief Manager

Chief Manager

Number of Vacancy: 1 Posts

Educational Qualification: Any Graduate, PG Diploma

“Agriculture Insurance Company of India Ltd., New Delhi is a specialty and one of the largest Crop Insurance company in the world and implementing various the Central and State Government sponsored Crop Insurance Schemes and selling customized crop insurance products in India.

The Company is inviting applications for Lateral recruitment in Scale V cadre (Chief Manager) for the specialized function of “Investment”.

1. Post Name: Chief Manager

2. No of Post: 01

3. Job Location: Headquarters in New Delhi

4. Minimum Qualification : 

a) Essential: Graduate in any discipline.Post Graduate Degree/Diploma in Financial Management from a reputed Institution.

b) Desirable: Sound working knowledge of Investment Management Software usually available in the market.

5. Experience : 

a) Minimum 10 Years of experience in BFSI Industry’s Corporate Treasury Function involving daily Buying/Selling/ Liquidity Management Function across various segments/Market Instruments/Securities through Primary/Secondary market operations.

b) Expertise in Financial Market data collection and analysis.

c) Investment yield projection/analysis.

6. Term of Appointment : 

a) The term of appointment will be initially for a period of 10 years subject to annual performance appraisal.

b) The said term can be extended further depending upon the requirement of the company and performance of the candidate subject to the approval of the Competent Authority

7. Remuneration: 

a) At present the Pay Scale for Scale V officer is Rs. 79605- 2300(3)- 86505-2590(6)-102045 and the total emolument for starting grade comes to Rs. 1.6 lakhs approx. per month.

b) In addition, the non-core benefits for the Scale V cadre officers are around Rs.12 Lakhs per annum, at present and payable as per norms of the Company.

c) Based on the experience and suitability of the candidate, fixation at a higher slab in the Pay Scale can also be considered subject to approval by the Competent Authority.