suggestions on amendments in promotion policy - oicoa

THE NATIONAL CONFEDERATION
OF
GENERAL INSURANCE OFFICERS’ ASSOCIATIONS
C/o I.T.Department, Head Office, The Oriental Insurance company Limited, A-25/27, Asaf Ali Road, New Delhi 110002
We would request you to consider the following:
1. To increase the number of vacancies and share the Cadre strength norms for bringing more
transparency in the system. The issue was raised by us on various occasions including 16 th March'2011
Meeting held at Hyderabad and on 18 th & 19 th April'2011 meeting held with you at Chennai. The
problem of cadre imbalance and cadre collapse cannot be handled by Fast Track alone. The total
number of the vacancies needs to be increased. We have demanded a number of times that the
vacancies be determined using scientifically devised cadre strength norms under a consultative
process along with us. We would request you to call a discussion on the matter immediately.
2. Since the year of implementation of the revised policy is 2011-12, with no reference to the prospective
nature, officers who have cleared exams in previous exercise should be given the benefit for im -
plementation in this year's promotion exercise itself on the option of opting out of examination. This
will not only facilitate the Officers but will also save the Man hours, leaves and Money spent on training
& traveling by the Companies.
3. Fast track should not be introduced in isolation. A parallel channel of Seniority channel also should
also be brought in without any examination system to take care of senior officers many of them who
may be excellent officers but not examination savvy.
4. Fast track should be allowed only in alternate cadre, at the discretion of the Officer, to ensure that
there is no major imbalance in movement of Officers to higher cadre. For eg an Officer can move 4
cadres in a span of 9 years by fast track, whereas someone who is good, but is not able to make it to
the next cadre due to lack of adequate vacancies in the Fast track, may have to wait even up to 9
years for his batch to come to consideration.
5. Evaluation parameters - Being a Fast track promotion, the weightage for Work record should be re -
duced compared to the Normal Channel. The interview marks should be reduced to remove the ele -
ment of subjectivity. Since many batches will be writing the exam simultaneously, within Fast track,
some marks may be kept for seniority to ensure that super cession are less along with due recognition
of merit as only qualified candidates will be under consideration.
6. Officers may not have an idea of the numbers of officers applying for the few fast track vacancies.
Hence those applying for Fast track may be allowed to withdraw after publication of the number of
candidates appearing for the exam, before the issue of Hall ticket.
7. To do away with the mandatory insurance qualification requirement to limit the number of Officers
attempting the exam. Rather than putting restriction on Officer wanting to try Fast track, Company
should encourage more and more Officers to attempt for Fast Track to get the best Officers. The
quality of the officer should not be judged by the Insurance qualification. To reduce the cost on examination,
rather than cutting on the number of candidates, company can look into online examinations,
which is adopted by many organizations nowadays. Productivity is going to be hard hit during
Insurance exams also, apart from the existing promotion exam period, as all the officers will now be
NATIONAL INSURANCE COMPANY OFFICERS ASSOCIATION
NEW INDIA ASSURANCE OFFICERS ASSOCIATION
ORIENTAL INSURANCE COMPANY OFFICERS ASSOCIATION
UNITED INDIA INSURANCE OFFICERS ASSOCIATION