Which Is Better To Choose NIACL AO vs LIC AAO: Know Salary, Job Profile & Career Growth here!
By BYJU'S Exam Prep
Updated on: September 25th, 2023
Which Is Better To Choose NIACL AO vs LIC AAO: Both the NIACL AO and the LIC AAO are insurance-related Exams. However, many aspirants are unsure which job should be prioritized. It’s a reasonable doubt to have because both careers pay well and offer prospects for great career growth. Since LIC is a larger brand, it attracts more attention because NIACL AO is a regular government job, it attracts hopefuls who want a 9-5 less chaotic job. However, it is up to the candidates to choose their careers wisely.
Table of content
NIACL AO Vs LIC AAO Comparison
The comparison of NIACL AO and LIC AAO will be made on the basis of these following factors such as-
- Selection Process
- Job Profile
- Salary Structure
- Career Growth
- Transfer Policy
| Category | NIACL AO | LIC AAO |
| Job Profile | Client Interaction, Policy Making, Auditing, and Analysing | Public Dealing, desk job, Customer queries, assisting in making new schemes |
| Promotion | 5-8 years | Experience-based |
| Transfer | 3-5 years | After 3 years |
| Exam Type | Online mode: Prelims & Main | Online mode: Prelims & Main |
| Also, Refer,
1. Important Reason to choose Insurance as a Career |
NIACL AO Vs LIC AAO: Selection Procedure
The selection process NIACL AO and LIC AAO is quite similar which includes Prelims & Main round.
| NIACL AO | LIC AAO |
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An objective examination along with a descriptive test during main. 3 Rounds of the selection process-
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An objective examination along with a descriptive test during main. 3 Rounds of the selection process-
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NIACL AO VS LIC AAO: Eligibility Criteria
| Category | NIACL AO | LIC AAO |
| Educational Qualification |
Graduate/postgraduate degree in any discipline from a recognized university or any equivalent qualification recognized as such by the Central Government, with a minimum of 60% in either of the degree examinations for General applicants and a minimum of 55% for SC/ST/PwBD candidates. |
Although the educational requirements are similar to those of the NIACL AO, certain categories, such as CA, Rajbhasa, and legal, have varying educational requirements. |
| Age Limit |
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NIACL AO VS LIC AAO: Job Profile
| NIACL AO | LIC AAO |
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NIACL AO VS LIC AAO: Salary Structure
| NIACL AO | LIC AAO |
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Perks & Benefits-
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Perks & Benefits-
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NIACL AO VS LIC AAO: Career Growth
| NIACL AO | LIC AAO |
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Employees working as Administrative Officers (Generalists) must sign a bond and promise to serve for the company for a minimum of four years (including a one-year probationary period), after which the responsibilities of the AO expand in tandem with the NIACL AO Salary. |
Seniority or departmental exams are used to determine promotion. The promotion of LIC AAO is generally gradual. From the time you join, it takes 4 to 8 years to get promoted. Following promotions from AAO, promoted AAOs are assigned to the following positions:
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Transfer Policy-
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Transfer Policy-
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All of the above information will provide you with a thorough idea of the job description and compensation offered by NIACL AO VS LIC AAO, allowing you to make the best career selection possible.
In retrospect, each of these positions implies respect, employment security, and social prestige, but what matters most is your set of objectives and concerns. Choose NIACL AO or LIC AAO if you want to progress and are willing to work hard by giving enough time to understand the suitable post for you. All the very best for a bright career whatever you choose.
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