NEW INDIA ASSURANCE COMPANY Ltd (NIACL) ADMINISTRATIVE OFFICER (AO) RECRUITMENT EXAM Exam Details 

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THE NEW INDIA ASSURANCE COMPANY LTD (NIACL) RECRUITMENT OF ADMINISTRATIVE OFFICERS (GENERALISTS & SPECIALISTS) (SCALE-I) 

Kindly note :

Date of NIACL AO Phase-I Online Examination (Objective) (Tentative) : 9th September 2023 (tentative)

Date of NIACL AO Phase-II Online Examination (Objective + Descriptive) (Tentative) : 8th October 2023 (tentative)

Start date for NIACL AO Online Registration : 01.08.2023

Last date for NIACL AO Online Registration : 21.08.2023

The New India Assurance Company Ltd.(NIACL), a leading Public Sector General Insurance Company & wholly owned by Government of India, invites applications for recruitment of 120 Officers (Generalist) & 330 Officers (Specialists) in Scale I cadre from open Market. Eligible candidates may apply through online.

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TOTAL NO. OF VACANCIES For NIACL AO : 450

The vacancies are provisional and may vary according to the actual requirements of the Company at the material time.  

ELIGIBILITY CRITERIA For NIACL AO : 

A)  Nationality :  

A candidate applying for recruitment in the Company must be either - 

(a) a citizen of India, or

(b) a subject of Nepal, or

(c) a subject of Bhutan, or

(d) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India, or

(e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.   Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.

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B) Educational Qualification (as on 01.08.2023) 

Generalists : A candidate must possess the minimum qualification of a graduate/post graduate in any discipline from a recognised University or any equivalent qualification recognised as such by Central Government with at least 60% marks in either of the degree examination for General candidates and at least 55% marks for SC/ST/PwBD candidates.

Specialists: A candidate must possess the minimum qualification as follows. The qualification should be from a recognised University or any equivalent qualification recognised as such by Central Government.

Click here for other Details information regarding educational qualification  

C) Age – (As on 01.08.2023):

Minimum Age : 21 years   
Maximum Age :30 years, as on 01.08.2023
i.e. a candidate must have been born not earlier than 2nd Aug-1993 and not later than 1st Aug-2002 (both dates inclusive). 

Emoluments and Benefits : Basic pay of Rs. 50,925/- in the scale of Rs.50925-2500(14)-85925-2710(4)-96765 and other admissible allowance as applicable. Gross emoluments will be approximately Rs. 80,000/- p.m. in Metropolitan Centers. Other benefits such as coverage under National Pension System governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance etc. shall be as per rules in force in the Company at the time of appointment. The Officers are also entitled for Companys / leased accommodation as per norms.

Service Conditions:

The service conditions will be applicable as per the prevalent rules of the Company from time to time. Selected candidates on appointment may be posted or transferred to any place in India as may be decided by the Company.
The minimum stay at the initial place of posting will be 5 years.

Probation :

A candidate appointed in the Officers cadre on regular pay rolls of the Company shall be on probation for a period of one year from the date of joining the duty. The probation period may be extended twice by a further period of six months at a time stretching up to one year.  

During the probation period the Officers would be required to pass the non-life “Licentiate Examination” conducted by Insurance Institute of India. Only after passing the said examination the Officer will be eligible for confirmation of his/her services in the Company. Failure to pass the said Examination within the extended probation period will render the officer liable to be terminated from service on expiry of the period so specified.  

The Company reserves the right to terminate the services of the candidate if found unsuitable at any time during the probation period or the extended probation period without any notice or assigning any reason thereof.

Guarantee Bond :

Before joining as probationer, the selected candidates will be required to give an undertaking to serve the Company for a minimum period of four years including probation period. In the event of their resigning from the Company before the expiry of the bond period, they will be liable to pay liquidated damages equivalent to one year’s gross salary paid to them during the year of probation which could be proportionately reduced depending on the length of service rendered. Besides, he/she will have to submit a stamped Bond duly executed by two sureties (not blood relatives) of sound financial standing for an amount equivalent to one year‟s gross salary.

Candidates resigning from the Company during the probation period and candidates whose services are terminated by the Company during the probation period shall be liable to pay the salary received by them during their entire service in the Company in addition to an amount of Rs.25,000/- towards partial cost of training. No lien/bond executed to retain a substantive post with present employer will be binding upon the Company and no Leave Salary or Pension Contribution will be made. 

NIACL AO SELECTION PROCEDURE :  

NIACL AO Phase - I: Preliminary Examination
NIACL AO Preliminary Examination consisting of Objective Tests for 100 marks will be conducted online. This would consist of 3 sections as follows :

English Language
Reasoning Ability
Quantitative Aptitude

NIACL AO Phase – II : Main Examination
NIACL AO Main Examination will consist of Objective Tests for 200 marks and Descriptive Test for 30 marks.
Both the Objective and Descriptive Tests will be online.
Candidates will have to answer Descriptive Test by typing on the computer.

NIACL AO Phase – III : Interview

Final selection : Final selection would be based on consolidated marks of main examination (objective test) & Interview. The weightage (ratio) of online Examination and Interview will be 75:25 respectively.

HOW TO APPLY For NIACL AO :

Candidates can apply online only from 01.08.2023 to 21.08.2023 and no other mode of application will be accepted.

Candidates to go to the Company‟s website https://www.newindia.co.in/portal/readMore/Recruitment and click on the option "APPLY ONLINE" which will open a new screen.

Application Fees /Intimation Charges(Non-refundable) :  

Payable on-line from 01.08.2023 to 21.08.2023 (both dates inclusive) 

The payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS,Cash Cards/ Mobile Wallets.

*The transaction charge, if applicable, is to be borne by the candidate. Fee/ Intimation charges once paid will NOT be refunded on any account nor can it be held reserve for any other examination or selection.   

For more NIACL AO Exam details visit 

https://www.newindia.co.in/portal/readMore/Recruitment   

https://www.newindia.co.in/cms/3bebcbfa-feaa-4e19-ace7-2de62d1de0af/DETAILEDADVERTISEMENT-NIACLAODRRE2023(1).pdf?guest=true  

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