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What is ADM in insurance?

Posted on July 28, 2021 by Author

Table of Contents

  • 1 What is ADM in insurance?
  • 2 What is ADM Quora?
  • 3 How many divisional offices are there in LIC?
  • 4 What is the rank of ADM?
  • 5 What is the meaning of ADM in private insurance companies?
  • 6 When did ADM become a public company?

What is ADM in insurance?

Position: Associate Agency Development manager Life Insurance.

What is ADM in LIC?

Assistant Divisional Manager (ADM)

What is ADM Quora?

SDM stands for Sub Divisional Magistrate and ADM stands for Additional District Magistrate. By virtue of position an ADM is higher as he is next to District Magistrate whereas SDM is magistrate in Sub Division which is lower rung in District.

How many policyholders are there in LIC?

290 million policy holders
It has 290 million policy holders.

How many divisional offices are there in LIC?

113 divisional offices
Today LIC functions with 2048 fully computerized branch offices, 113 divisional offices, 8 zonal offices, 1381 satallite offices and the Corporate office.

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What is ADO post?

The LIC (Apprentice Development Officer) ADO post is a sought-after job in the current phase. The basic pay in the LIC ADO salary is Rs 21,865/- per month. However, there are other lucrative allowances and perks, along with the basic pay in the salary structure.

What is the rank of ADM?

Admiral (abbreviated as ADM) is a four-star commissioned officer rank in the United States Navy, the United States Coast Guard, and the United States Public Health Service Commissioned Corps with the pay grade of O-10….Admiral (United States)

Admiral
Abbreviation ADM
Rank Four-star
NATO rank code OF-9
Non-NATO rank O-10

Is ADM and SDM same?

SDM is Sub-divisional magistrate while Senior deputy collector that id ADM i.e. Additional District Magistrate who is just after the DM i.e. District Magistrate or collector.

What is the meaning of ADM in private insurance companies?

In private Insurance companies , ADM means Agency Development Manager . This is an entry level job and ADM work as frontline sales person at branches . Their job is to recruit agents for Insurance company , develop them by regular coaching them , retain and motivate them for daily work .

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What is the difference between ADM and AAO in LIC?

At branch level ADM’s in charge of branch are designated as Chief Managers/Sr Branch Managers. The first step in LIC hierarchy is AAO, followed by AO and then comes the promotion to the post of ADM. ( in the divisional office ) The same post in the Zonal and Central office of the Corp is designated as Assistant Secretary.

When did ADM become a public company?

In 1924 ADM was listed on the New York Stock Exchange. ADM purchased control of the flour milling company Commander-Larabee Corp. in 1930. In 1969, ADM relocated its headquarters to Decatur, Illinois where they remained for 45 years until moving to Chicago in 2014.

What is the basic pay in LIC AAO post?

Getting a job in the company is a dream of many aspirants. The LIC AAO (Assistant Administrative Officer) post is a sought-after job in the current phase. The basic pay in the LIC AAO salary is Rs 32,795/- per month. However, there are other lucrative allowances and perks, along with the basic pay in the salary structure.

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