AIC Management Trainee Recruitment 2025: Apply Online for 55 Vacancies

AIC Management Trainee Recruitment 2025

The Agriculture Insurance Company of India Limited (AIC) has announced the AIC Management Trainee Recruitment 2025 for 55 vacancies across various disciplines. This is a golden opportunity for graduates and postgraduates to secure a government job in the agriculture insurance sector.

AIC Management Trainee Recruitment 2025

AIC Management Trainee Recruitment 2025 Overview

Organization BodyAgriculture Insurance Company of India Limited (AIC)
Exam NameRecruitment of 55 Management Trainees
Advt. No.AIC/Rect/MT -2024-25/
Total Post55
Post NameManagement Trainee (MT)
Selection ProcessOnline Exam (CBT) and Interview

Application Fee

  • General/OBC/EWS: ₹1,000
  • SC/ST/PwBD: ₹200
  • Payment must be made online via debit/credit card, net banking, or UPI.

Important Dates

EventDate
Start Date for Online ApplicationsJanuary 30, 2025 (08:00 AM)
Last Date to Apply OnlineFebruary 20, 2025 (08:00 PM)
Tentative Online Exam DateMarch/April 2025
Admit Card Release10 days before the exam

Candidates must check the AIC website regularly for updates.

Eligibility Criteria

Educational Qualification (as of December 1, 2024)

DisciplineQualificationMinimum Marks Required
GeneralistGraduate/Postgraduate in any discipline60% (UR/OBC/EWS) & 55% (SC/ST/PwBD)
ActuarialBachelor’s/Master’s in Statistics, Mathematics, Actuarial Sciences, Economics, Operations Research OR Any Bachelor’s/Master’s degree with 2 Actuarial papers passed (IAI/IFoA UK)60% (UR/OBC/EWS) & 55% (SC/ST/PwBD)
ITB.E./B.Tech/M.E./M.Tech in Computer Science/IT OR MCA60% (UR/OBC/EWS) & 55% (SC/ST/PwBD)

Age Limit (as of December 1, 2024)

  • Minimum Age: 21 years
  • Maximum Age: 30 years (Born between December 2, 1994, and December 1, 2003)

Age Relaxation:

  • SC/ST: +5 years
  • OBC (NCL): +3 years
  • PwBD: +10 years
  • Ex-Servicemen: As per government norms

Vacancy Details

The Agriculture Insurance Company of India Limited (AIC) has announced a total of 55 vacancies for the Management Trainee (MT) position across different disciplines. Below is the detailed breakdown of the vacancies:

DisciplineVacancies
IT20
Actuarial5
Generalist30
Total55

Category-Wise Vacancy Distribution

CategoryTotal VacanciesBacklog Vacancies
OBC1910
SC94
ST53
EWS63
UR16
Total5520 Backlog Vacancies
  • 8 Vacancies are reserved for PwBD Candidates.

Selection Process

1. Online Exam (CBT) – 150 Marks

  • Duration: 2.5 Hours (150 minutes)
  • Mode: Computer-Based Test (CBT)
  • Minimum Qualifying Marks:
    • UR/OBC/EWS: 60%
    • SC/ST/PwBD: 55%

A. Generalist Exam Pattern

SectionTypeMarksQuestions
ReasoningObjective4040
English LanguageObjective2525
General, Current Affairs & Insurance AwarenessObjective3535
Quantitative Aptitude & Computer LiteracyObjective4040
Descriptive English (Essay & Precis)Descriptive102

B. Actuarial Exam Pattern

SectionTypeMarksQuestions
ReasoningObjective3030
English LanguageObjective1010
General, Current Affairs & Insurance AwarenessObjective1010
Quantitative Aptitude & Computer LiteracyObjective3030
Professional KnowledgeObjective6040
Descriptive English (Essay & Precis)Descriptive102

C. IT Exam Pattern

SectionTypeMarksQuestions
ReasoningObjective1010
English LanguageObjective1010
General, Current Affairs & Insurance AwarenessObjective1010
Quantitative Aptitude Objective1010
Professional KnowledgeObjective100100
Descriptive English (Essay & Precis)Descriptive102

2. Interview – 50 Marks

  • Candidates shortlisted based on CBT scores.
  • Minimum Qualifying Marks for Interview: 50% (25 Marks out of 50)

Salary and Benefits

  • Training Stipend: ₹60,000 per month during 1-year training period.
  • On Absorption as Scale I Officer:
    • Basic Pay: ₹50,925
    • Pay Scale: ₹50,925 – ₹96,765
    • Gross Salary: ₹90,000 per month (approx.)
    • Additional Allowances:
      • House Rent Allowance (HRA)
      • Medical Benefits
      • Performance Incentives
      • Provident Fund (PF)
      • Gratuity and Pension Scheme

Service Bond

  • Candidates must serve AIC for at least 2 years after absorption.
  • Bond Amount:
    • ₹4,00,000 if leaving within 1 year.
    • ₹2,00,000 if leaving within 2 years.

How to Apply for AIC Management Trainee Recruitment 2025

  1. Visit the Official Website: www.aicofindia.com.
  2. Go to “Careers” Section and click “Apply Online”.
  3. Register & Fill Application Form with personal and educational details.
  4. Upload Documents:
    • Photograph & Signature
    • Left Thumb Impression
    • Handwritten Declaration
    • Educational Certificates
  5. Pay Application Fee (if applicable).

FAQs for AIC Management Trainee Recruitment 2025

1. What is the selection process for AIC Management Trainee Recruitment?

Selection is based on Online Exam (CBT) and Interview.

2. Can final-year students apply?

No, candidates must have completed their degree before December 1, 2024.

3. What is the salary after selection?

₹60,000 during training and ₹90,000 per month after absorption as Scale I Officer.

4. Is there a bond requirement?

Yes, 2-year service bond with a penalty of ₹4 lakh if leaving before 1 year.

5. When will the AIC MT 2025 exam be held?

Tentatively in March/April 2025.

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